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GovernmentBusinessSafety

Judge Approves $600M Settlement for East Palestine Residents

A federal judge approved a $600 million class-action settlement that Norfolk Southern railroad offered to everyone who lived within 20 miles of last year’s derailment in East Palestine, Ohio.

September 26, 2024
GovernmentBusiness

House Committee Approves TSA Clearance Bill

A committee in the House of Representatives easily approved a bill meant to facilitate commercial drivers’ access to security credentials.

September 26, 2024
BusinessEquipment

Navistar to Rebrand as International Motors

In a rebranding that reaches back to the company’s origins, Navistar Inc. will on Oct. 1 adopt the new name of International Motors.

September 25, 2024
GovernmentBusiness

Arbitration Favors US Steel Over Deal

A U.S. arbitration panel has come out in favor of U.S. Steel in a dispute with union workers over Nippon Steel’s plan to buy the Pittsburgh-based company, according to the United Steelworkers.

September 25, 2024
GovernmentBusinessSafetyLogistics

Biden Presses Big Railroads to Offer More Paid Sick Days

The Biden administration is pressuring three major rail companies to provide their workers with paid sick days, aiming to expand the benefit into an industrywide norm.

September 25, 2024
BusinessTechnologyLogistics

60 Seconds: Established Freight Brokers Adapt to Evolving AI Technology

As much news has been made about new “tech-first” players entering the digital space of #freight brokering, efforts from established and newer enterprises to develop robust digital tools are being shaped by market demands and technological innovations, including artificial intelligence, particularly generative AI, experts said. 

September 25, 2024
Logistics

Watch: Industry Leaders Praise FLOW for Improving Freight Predictions

The public-private Freight Logistics Optimization Works (FLOW) partnership is proving very helpful to overcoming the challenge of forecasting freight congestion, said industry experts at the 2024 IANA Expo. 

September 25, 2024
GovernmentBusinessSafety

Hurricane Helene Gains Power as It Bears Down on Florida

Hurricane Helene is strengthening as it sweeps past Mexico’s Yucatan Peninsula on its way to a collision Sept. 26 with Florida, where it has already triggered evacuations.

September 25, 2024
BusinessEquipment

Morgan Stanley Warns US Cars Are Too Expensive

Shares in General Motors and Ford tumbled Sept. 25 after a Morgan Stanley analyst warned that cars are too expensive for U.S. consumers and a price war in China will hurt the bottom line there.

September 25, 2024
GovernmentBusinessTechnologyAutonomousTCA

Autonomous Company May Mobility Scales Back Expansion Plans

Autonomous vehicle company May Mobility Inc. is scaling back its expansion plans in Ann Arbor, Mich.

September 25, 2024