10 Aug Productivity Rose Less Than Forecast in Q2 Productivity in the U.S. took a step back in the second quarter, indicating an easing in the rapid pace of efficiency gains seen in the prior three months. Read more...
10 Aug California Trucking Association Takes AB 5 Case to Supreme Court The California Trucking Association filed a petition asking the U.S. Supreme Court to review a state independent contractor law that it argued should be exempt from enforcement for motor carriers based on federal pre-emption. Read more...
10 Aug Big Win for $1 Trillion Infrastructure Bill With Senate Passage With a robust vote after weeks of fits and starts, the Senate approved a $1 trillion bipartisan infrastructure plan Aug. 10, a rare coalition of Democrats and Republicans joining to overcome skeptics and deliver a cornerstone of President Joe Biden’s agenda. Read more...
10 Aug Lightning Soars on Deal With Buffett-Backed Bus Maker Lightning eMotors Inc. shares surged after the company that electrifies commercial vehicles announced a strategic partnership with a Berkshire Hathaway Inc.-backed bus maker. Read more...
10 Aug Railroad Bidding War Back On: CP Ups Bid for KCS NEW YORK — Canadian Pacific has upped its offer for Kansas City Southern to approximately $31 billion, potentially reigniting a bidding war with rival railroad Canadian National. Read more...
09 Aug Diesel Dips 0.3¢ to $3.364 a Gallon The national average price for a gallon of diesel dipped three-tenths of a cent to $3.364, according to Energy Information Administration data released Aug. 9. Read more...
09 Aug Permian Basin Gets Vote of Confidence With Infrastructure Plan The region at the heart of the once-booming U.S. shale industry is signaling confidence in a nascent recovery after the pandemic crushed demand and curtailed oil and gas drilling. Read more...
09 Aug Crossword Puzzle Solution for August 9, 2021 Here's the solution to the crossword puzzle found in the August 9, 2021 print edition. Read more...
09 Aug Bridgestone Breaks Ground on Expansion of Kentucky Air Springs Plant Bridgestone Americas broke ground on a $51 million expansion to its air springs production facility in Williamsburg, Ky., the company said recently. Read more...
09 Aug Xos to Supply FedEx Ground With 120 Medium-Duty EVs Xos Inc., a manufacturer of Classes 5-8 electric commercial vehicles, announced an agreement to deliver 120 zero-emission, medium-duty electric trucks to 35 different FedEx Ground operators in five states. Read more...