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Bezos Makes ‘Climate Pledge’ for Amazon

Acknowledging a steady drumbeat of criticism from activists and a vocal group of his own employees, Amazon.com founder and CEO Jeff Bezos announced the formation of a new organization, the Climate Pledge, to meet the goals of the landmark Paris climate agreement 10 years early.

September 19, 2019

Rail, Intermodal Providers Add Technology, Improve Operations to Boost Efficiency

LONG BEACH, Calif. — Rail and intermodal providers said they are increasing speed and efficiency to become more competitive, and technology is helping them improve operations.

September 19, 2019

IMO 2020 Could Shift Freight Patterns, Increase Costs

LONG BEACH, Calif. — A panel representing the shipping industry spoke about the looming International Maritime Organization mandate that will require cargo vessels to burn low-sulfur diesel, and shippers and carriers said the requirements could lead to price increases or the rerouting of freight.

September 19, 2019

US Steel Stock Takes Hit, Earnings Estimates Missed

U.S. Steel Corp. said it expects to report a wider loss than analysts were expecting, the third American steelmaker in three days to warn on their outlook. The shares fell.

September 19, 2019

Ports Post Record Volume as Holiday Season Begins

Major U.S. seaports posted growth in containerized cargo volume for August, the start of the season when retailers begin importing holiday merchandise.

September 18, 2019

NYC Congestion Pricing Encouraged by Transportation Group

New York’s congestion pricing plan should include fees on motorists both entering and leaving midtown Manhattan, as well as variable rates linked to peak and off-peak hours to encourage commuters to choose the least busy times to travel, a transportation group recommended.

September 17, 2019

US Exporters Rely on Trucks to Meet Mexico’s Fuel Demand

U.S. exporters are increasingly relying on trucks to get fuel into Mexico as the country’s gasoline production sags and infrastructure constraints limit shipments from one coast to the other.

September 17, 2019

Striking GM Workers, Union Far From Agreement

General Motors Co. and the United Auto Workers remain far apart in their talks over a new contract, according to the union’s top negotiator, making it less likely a strike called Sept. 15 will end within two days like a previous work stoppage did in 2007.

September 17, 2019

Port of Savannah to Expand Rail Service to Chicago

The Georgia Ports Authority introduced dual rail service from the Port of Savannah to Chicago, with cargo reaching the Midwestern city in less than three days.

September 13, 2019

ACT Forecasts Imminent Slowdown in Class 8, Trailer Production

For those still wondering about the state of the commercial vehicle market in the United States, ACT Research during a webinar Sept. 11 delivered a forecast that conditions continue to deteriorate and that pullback in build rates for heavy-duty trucks and trailers is “imminent.â€

September 12, 2019