14 Jun China Asks for US Soy Shipment Delay, Citing Lack of Storage Chinese state soybean buyers asked U.S. exporters to delay cargoes scheduled for July loading into August, citing limited availability of storage capacity, according to people with knowledge of the situation. Read more...
14 Jun Perspective: When a Buyer Comes Calling, Be Ready Being prepared when a suitor comes calling can directly affect your ability to either strike a good deal now or position your company for opportunities down the road, says Spencer Tenney of Tenney Group. Read more...
13 Jun China Sets Sights on Hydrogen Fuel Cell Market His vision to make China an electric-vehicle powerhouse revolutionized the global auto industry, cementing a move from the combustion engine. Now, Wan Gang says get ready for the next game-changing moment. Read more...
13 Jun VW, Ford Near Deal on Electric, Autonomous Vehicles Volkswagen AG is nearing a deal to cooperate with Ford Motor Co. on electric-car technology and self-driving vehicles, according to CEO Herbert Diess. Read more...
13 Jun Researcher Lowers Estimate for Amazon’s Share of E-Commerce Market EMarketer Inc., among the most widely cited sources for estimates of U.S. online retail sales, now says it expects Amazon to account for 37.7% of online commerce this year, down from a prior estimate of 47%. Read more...
13 Jun FMCSA Chief Ray Martinez to Address Senators June 19 Ray Martinez, the country’s top trucking regulator, is scheduled to appear before the Senate Commerce Committee on June 19. Read more...
13 Jun Tanker Attacks Raise Prospects for Higher Rates, Lifting Shipping Stocks Suspected attacks on two commercial vessels near the Strait of Hormuz fueled expectations for higher shipping rates, driving up shares of companies that operate tankers. Read more...
13 Jun Jobless Claims Rise to Five-Week High, Exceed Forecast Filings for U.S. unemployment benefits unexpectedly increased, rising to a five-week high and adding to signs of potential cooling in the labor market. Read more...
13 Jun NACFE Chooses 10 Fleets for Run on Less Regional Event The North American Council for Freight Efficiency announced 10 fleets will participate in this fall’s Run on Less Regional, a freight-efficiency roadshow highlighting trucks that operate in a variety of regional-haul applications. Read more...
13 Jun Canada Announces Final ELD Mandate to Take Effect in 2021 The Canadian federal government has unveiled its long-awaited electronic logging device mandate, which will take effect in two years. Read more...