29 Jun Sutton Transport Acquires E F Express Sutton Transport Inc. announced June 24 that it has entered into an agreement to purchase E F Express. Read more...
29 Jun Here’s Why You Should Christmas Shop Early If it seems like shipping delays and soaring delivery costs aren’t getting any better, it’s because by some metrics they’re both getting worse. Read more...
29 Jun Tesla Dealt Big Blow as Almost All Cars in China Need Safety Fix Tesla Inc.’s aspirations in China were dealt a major blow over the weekend after the government ordered that almost all the cars it has sold in the nation — more than 285,000 of them — be fixed to address a safety issue. Read more...
29 Jun McConnell Demands Infrastructure Be De-Linked From Fast-Track Bill Senate GOP Leader Mitch McConnell demanded that President Joe Biden pressure Democratic congressional leaders to follow him in separating a bipartisan $579 billion infrastructure plan from a larger tax and spending bill that would carry out the rest of his economic agenda. Read more...
25 Jun Labor, Food Shortages in Supply Chain Take Toll on Restaurants For many restaurateurs across Connecticut, daily deliveries of food have become inconsistent, later than usual and sometimes canceled at the last minute. Part of the problem is a shortage of staff at food purveyors and trucking companies. Read more...
25 Jun Mack Opens Dedicated Production Line for Army Truck Mack Defense, a unit of Mack Trucks, announced it is now producing heavy dump trucks at the Mack Experience Center, after a $6.5 million investment to create a dedicated production line at the facility in Allentown, Pa. Read more...
25 Jun Chip Shortage Will Get Worse, Intel CEO Says Intel Corp. CEO Pat Gelsinger predicted the shortage of semiconductors that’s hurting industries from automotive to consumer electronics will bottom out in the second half of this year before starting to improve. Read more...
25 Jun Infrastructure Spending Promises Boost for Construction Industry Plans to pump money into rebuilding the nation’s roads, bridges and other infrastructure could give companies with ties to the construction industry a solid foundation for growth. Read more...
25 Jun Uncertainty Surfaces Over Infrastructure Deal WASHINGTON — Livid and “blindsided” over President Joe Biden’s refusal to sign a bipartisan infrastructure deal without passage of his broader priorities, Republican senators June 25 were frantically considering options as the future of the sweeping compromise appeared in doubt. Read more...
25 Jun Forward Air Names Rebecca Garbrick Chief Financial Officer Forward Air Corp. announced it named Rebecca Garbrick chief financial officer and treasurer, effective July 4. Read more...