WASHINGTON — Hit by a cyberattack, the operator of a major U.S. fuel pipeline said it hopes to have services mostly restored by the end of the week as the FBI and administration officials identified the culprits as a gang of criminal hackers.
May 11, 2021Trucking Business News
Transport Topics business coverage focuses on the financial, economic, and commercial aspects of the modern freight business. Looking at both the microeconomic and macroeconomic forces shaping bottom lines, the news in this category includes labor news, jobs reports, tonnage and sales indicators, operations analysis, money and banking, mergers, acquisitions, e-commerce, bankruptcy, insurance issues, and more.
Biden Says Russia Has ‘Some Responsibility’ in Colonial Attack
President Joe Biden said Russia has “some responsibility†to address a ransomware attack that crippled the Colonial fuel pipeline and that he’ll seek global cooperation to combat similar hacks.
May 10, 2021Elon Musk Plays Nice as ‘SNL’ Host
Elon Musk’s “Saturday Night Live†episode on May 8 was neither controversial nor disruptive. It was, in the end, a decent but rather uneventful evening, neither the flaming car wreck his detractors expected or edgy show for which his fans were hoping.
May 10, 2021Diesel Engine Makers Need to Innovate to Meet Stricter NOx Emission Standards
As state and federal clean-air regulators move forward with plans to further reduce nitrogen oxide and particulate matter emissions from commercial trucks, diesel engine makers are exploring new technologies to meet those targets in the coming years.
May 10, 2021Daseke Reports Improved Q1 Earnings
Flatbed carrier Daseke Inc. reported that its first-quarter net loss narrowed by more than half compared with year-ago levels.
May 10, 2021Patrick Moebel Appointed President of FedEx Trade Networks
FedEx Logistics Inc. has appointed Patrick Moebel to be president of FedEx Trade Networks Transport & Brokerage, Inc., the company announced May 10.
May 10, 2021Colonial Pipeline Could Be Back Up Within Days
WASHINGTON — The operator of a major U.S. pipeline hit by a cyberattack said May 10 it hopes to have service mostly restored by the end of the week.
May 10, 2021Gas Futures Shrug Off Cyberattack on Pipeline
A rally in gasoline futures lost steam as traders expect there will be enough fuel supply to meet demand after a cyberattack led to the shutdown of the largest U.S. oil-products pipeline. Crude futures reversed gains
May 10, 2021Mercedes Unveils Electric Van for Growing Battery-Powered Lineup
Mercedes-Benz is giving a sneak peek of an electric van that is among the models broadening its battery-powered range over the next year.
May 10, 2021Tyson Earnings Top Estimates on Beef Demand
Tyson Foods Inc., the biggest U.S. meat company, reported better-than-expected fiscal second-quarter earnings and raised its sales forecast as beef markets strengthen and the company increases prices to pass through higher costs.
May 10, 2021Trending
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