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CSX Hires Ex-Ford Executive Joseph Hinrichs as CEO

CSX Corp. named Joseph Hinrichs as its next chief executive officer, handing the reins of the railroad giant to a former top executive with Ford Motor Co.

September 15, 2022
GovernmentBusinessLogisticsFor-Hire

Hiring for Uncertain Holiday Season Continues

Trucking has started making thousands of hires for the holiday season despite facing a variety of economic headwinds.

September 15, 2022
GovernmentBusiness

Retail Sales Unexpectedly Rise After Drop in Prior Month

U.S. retail sales unexpectedly rose in August after declining a month earlier, as consumer demand for goods broadly held up but showed signs of moderating amid historic inflation.

September 15, 2022
BusinessSafetyLogistics

China COVID Lockdown Threatens US Trucking Sector

China has put several cities back into lockdown because of coronavirus, which could disrupt shipments headed for the U.S.

September 15, 2022
GovernmentBusiness

Manufacturing Output Increases for Second Straight Month

U.S. factory production rose slightly in August as resilient business investment more than offset a pullback in the output of consumer goods, consistent with steady manufacturing activity.

September 15, 2022
GovernmentBusiness

DOT Awards Grant to Dismantle Detroit Highway

WASHINGTON — A long-delayed plan to dismantle Interstate 375, a 1-mile depressed freeway in Detroit that was built by demolishing Black neighborhoods 60 years ago, was a big winner of federal money Sept. 15.

September 15, 2022
BusinessFuel

Shell CEO to Step Down as Oil Giant Looks to Climate Goals

LONDON — Shell CEO Ben van Beurden is stepping down at the end of 2022 after nine years in charge, the energy giant said Sept. 15, a change that comes as oil and natural gas companies are under pressure to shift away from fossil fuels .

September 15, 2022
GovernmentBusinessLogisticsBreaking News

Rail Strike Averted as Unions Agree to Deal

A deal has been reached between union workers and six Class I railroads, averting a threatened strike that could have snarled the nation’s freight and passenger rail service.

September 15, 2022
GovernmentBusinessLogistics

From Carmakers to Refiners, Industries Brace for Rail Strike

Here’s how some industries are gauging the potential impacts and getting ready for the possible rail work stoppage.

September 14, 2022
GovernmentBusinessTechnologyEquipmentFuel

States Get Early Green Light to Spend Federal EV Funds

Dozens of states from coast to coast will have early access to their share of $900 million in electric vehicle infrastructure funds thanks to the U.S. Department of Energy’s early approval of plans to locate chargers on more than 53,000 highway miles throughout the country.

September 14, 2022

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