18 Jan New Houston Facility Creates 575 Jobs, Boosts Automated Sorting, UPS Says UPS Inc.’s new package delivery facility in northwest Houston’s Willowbrook area has created 575 new full- and part-time jobs, according to a company news release. Read more...
18 Jan Tesla Loses Most Valuable Carmaker Crown as GM Catches Up If the outlooks from the two auto companies are anything to go by, GM looks set to be winning the race for the year. Read more...
18 Jan Seven Ways the Ocean Cargo Industry Is Pursuing Green Shipping Some of the world’s most conservative companies are starting to experiment with cleaner fuels and cutting-edge technologies to meet new standards starting next year that mandate steep cuts of sulfur emissions from oceangoing ships. Read more...
18 Jan Manufacturing Production Increases by Most in 10 Months U.S. factory production expanded in December by the most in 10 months, ending the year stronger than expected thanks to a surge in motor-vehicle output and gains across a range of other goods. Read more...
18 Jan Tesla Cuts Jobs on the Road to Making an Affordable Electric Car Tesla, recognizing as imperative its ability to produce a cheaper electric car, told employees Jan. 18 that it must cut 7% of its workforce. Read more...
18 Jan US Could Soon Pump More Crude Than Saudis Can at Their Peak Propelled by the shale-oil boom, the U.S. is already producing more crude than either Russia or Saudi Arabia, who until recently vied for the top spot. By midyear America will go one better. Read more...
18 Jan Volvo Group Venture Capital Invests in Wireless Electric Charging Volvo Group Venture Capital AB, a subsidiary of Volvo Group, announced it has invested an undisclosed amount in Momentum Dynamics Inc., which provides high-power wireless charging systems for the automotive and transportation industries. Read more...
17 Jan J.B. Hunt Reports Mixed Fourth-Quarter Results J.B. Hunt Transport Services reported mixed results in the fourth quarter of 2018, with a slump in intermodal shipments and charges related to an ongoing arbitration dispute with BNSF Railway overshadowing strong gains in its dedicated contract carriage, freight brokerage and over-the-road trucking businesses. Read more...
17 Jan Editorial: Final-Mile at the Forefront The Transportation Research Board annual meeting takes a deep dive into topics that touch every aspect of transporting goods and people. This year, discussion of final-mile deliveries was front-and-center. Read more...
17 Jan EPA’s Andrew Wheeler Gets Mixed Reviews at Confirmation Hearing Characterizations of Andrew Wheeler’s tenure as acting administrator of the U.S. Environmental Protection Agency fell mostly along party lines during his confirmation hearing to lead the agency Read more...