11 Oct SEFA Group Wins State Clean Diesel Grant The SEFA Group was awarded a State Clean Diesel Grant in South Carolina through the Diesel Emission Reduction Act program, the company said in an Oct. 10 news release. Read more...
11 Oct GM Losing Patience With UAW Over Nearly Monthlong Strike General Motors Co.’s chief labor negotiator suggested the United Auto Workers is dragging its feet in responding to the automaker’s latest contract offer in a show of frustration with a strike that’s lumbering toward the one-month mark. Read more...
11 Oct Uber to Acquire Chilean Grocery Startup That Walmart Failed to Buy Uber Technologies Inc. plans to buy a majority stake in online grocer Cornershop, a deal designed to both extend its geographic reach and bolster profits by bundling food delivery with rides. Read more...
11 Oct Consumer Sentiment Rises to Three-Month High Sentiment among American consumers posted a surprise jump in October amid expectations for rising incomes and lower inflation, indicating households will continue to extend the longest-running U.S. expansion. Read more...
11 Oct Shipping Costs Are Soaring as LNG Vessels Drop Out of Service The day rate for a standard tanker east of the Suez Canal jumped 57% in the week to Oct. 9, as issues related to U.S. sanctions on units of China’s COSCO Shipping Corp. start to hit just as the heating season begins to boost demand. Read more...
10 Oct Walmart’s Vaunted Turnaround Artist, Greg Foran, Leaves for Air New Zealand Walmart U.S. CEO Greg Foran, the architect of the revival of Walmart Inc.’s U.S. stores, is departing to run an airline in his native New Zealand, leaving a big hole at the world’s biggest retailer on the cusp of the holiday season. Read more...
10 Oct Trump Says Day 1 China Trade Talks Went ‘Very Well’ President Donald Trump said the first day of high-level trade negotiations between the U.S. and China went “very well” and he’ll meet the top Chinese negotiator on Oct. 11. Read more...
10 Oct Trucking Takes on Emerging Challenges SAN DIEGO — Trucking leaders discussed how potential changes to federal regulations and international trade policy may soon affect the industry during American Trucking Associations’ 86th annual Management Conference & Exhibition, held from Oct. 5-8. Read more...
10 Oct GM Factory Hands Making 40% Less Than Their Coworkers The future of temps has been among the major impasses contributing to the United Auto Workers union’s strike against GM, now in its 25th day. Read more...
10 Oct UPS, Shippo Collaborate on Small-Business Shipping UPS Inc. will work with shipping technology company Shippo to offer marketplace shipping rates to the more than 35,000 small- and medium-size businesses that use Shippo’s platform, according to an Oct. 10 news release. Read more...