Stellantis gave the the United Auto Workers a new contract proposal as General Motors and Stellantis announced fresh layoffs Sept. 20 that they blamed on damage from the strike.
September 21, 2023Search
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Uber Freight, Waabi Team Up on AI-Powered Autonomous Trucks
Logistics specialist Uber Freight is teaming up with Waabi Innovation Inc. in an artificial intelligence-powered autonomous truck partnership, the companies said Sept. 21.
September 21, 2023FedEx Beats Quarterly Wall Street Profit Expectations
FedEx Corp. posted a higher profit than Wall Street expected in its most recent quarter, but trimmed expectations for the full-year period.
September 20, 2023Amazon Scraps Planned Merchant Fee
Amazon.com Inc. is scrapping a planned fee on merchants that don’t use its shipping services, according to documents reviewed by Bloomberg.
September 20, 2023Experts: Freight Environment Unlikely to Improve Much Soon
Executives across multiple segments of the trucking industry expect the freight environment to take considerable time to improve substantially.
September 20, 2023Hyundai, Georgia Tech to Research Hydrogen Power for Trucks
Hyundai Motor Group signed an agreement with Georgia Tech on Sept. 19 to collaborate on research and development of hydrogen-fueled engines for large trucks and electric vehicle batteries.
September 20, 2023Port Volumes Decline in August
Container volumes trended mostly into negative territory in August at facilities along the Pacific, Atlantic and Gulf of Mexico coasts, with a modest gain at the Port of Los Angeles.
September 20, 2023Fed Keeps Key Interest Rate Unchanged
WASHINGTON — The Federal Reserve left its key interest rate unchanged Sept. 20 for the second time in its past three meetings, but also signaled it expects to raise rates once more this year.
September 20, 2023Census Bureau Contest Seeks Supply Chain Data Ideas
The shifting logistics challenges fueled by the growth of e-commerce are the catalyst for a national competition sponsored by the U.S. Census Bureau.
September 20, 2023Medium-Duty Truck Sales Spike 13% in August
U.S. retail sales for medium-duty trucks grew 13.6% in August compared with the year-ago period, according to data from Wards Intelligence.
September 20, 2023