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BusinessPrivate

Walmart Stock Outperforms Target

Walmart shares are outshining those of Target as Wall Street anticipates the shopping behemoth’s broad array of household necessities will offer shelter from slowing economic growth.

May 19, 2023
BusinessTechnologyEquipment

Ford CEO Sticks to ‘Crazy High’ EV Goal

Ford Motor Co. CEO Jim Farley is sticking with a goal for the company’s money-losing electric vehicle unit to be churning out 2 million models annually in a few years.

May 19, 2023
BusinessEquipment

Deere Lifts Profit Outlook

Deere & Co. raised its full-year profit forecast amid strong demand for farm equipment and the easing of supply chain woes that have dogged companies since the pandemic.

May 19, 2023
GovernmentBusinessSafety

Engineers Union Reaches Sick-Time Deal With Norfolk Southern

OMAHA, Neb. — The union that represents railroad engineers finally secured its first deal for paid sick time with Norfolk Southern.

May 19, 2023
GovernmentBusinessSafetyLogistics

NTSB Report Says 10,000 Bridges at Risk for Corrosion

Investigators looking into the collapse of a Pittsburgh bridge want transportation officials nationwide to examine more than 10,000 other bridges with similar construction.

May 18, 2023
GovernmentBusiness

Infrastructure Coalition Advocates for Freight Funds

WASHINGTON — A coalition of several dozen groups gathered in the nation’s capital to draw attention to supply chain projects in need of federal support.

May 18, 2023
GovernmentBusinessTechnologyFuelTCA

US, Canada Plan First Cross-Border Electric Vehicle Corridor

The U.S. and Canada announced the creation of the Binational Electric Vehicle Corridor, an 872-mile route that will stretch from Kalamazoo, Mich., to Quebec City, Quebec, and feature fast chargers every 50 miles. 

May 18, 2023
GovernmentBusinessSafety

Canadian Carrier to Appeal Nuclear Verdict

A Canadian motor carrier plans to file an appeal of an $82 million jury verdict in a fatal crash in Michigan for which it has admitted fault, on grounds primarily related to the amount awarded.

May 18, 2023
GovernmentBusiness

House Committee Tackles Workforce, Federal Permitting Issues

Proposals to ensure efficiency along the nation’s supply chains will be considered by a committee in the U.S. House of Representatives as congressional budget negotiations continue.

May 18, 2023
BusinessLogistics

Trucking Q1 Results Show Substantial Slowdown

The trucking industry stumbled through the first quarter amid a slowing economy and high inventories, according to experts.

May 18, 2023

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