15 Sep After Ida Hits, August Industrial Output Gains Slow to 0.4% U.S. industrial production slowed to a 0.4% gain in August as shutdowns of petroleum refineries and petrochemical plants caused by Hurricane Ida curbed manufacturing activity. Read more...
15 Sep ADAS Adoption Linked to Other Key Industry Issues, ATRI’s Dan Murray Says CLEVELAND — Truckers’ acceptance of advanced driver assistance systems is a key element for fleets interested in adopting these technologies, but the industrywide driver shortage presents a challenging consideration, according to American Transportation Research Institute Senior Vice President Dan Murray. Read more...
15 Sep Rivian Gets US Regulatory Go-Ahead to Deliver EVs Rivian Automotive Inc., the electric pickup maker backed by Amazon.com Inc., says it has received full regulatory certifications and can start delivering its debut electric vehicle to U.S. customers. Read more...
15 Sep Worker Shortage Adds to Supply Chain Snags, Caterpillar CEO Says Caterpillar Inc. is having a tough time getting the materials it needs from suppliers facing a labor crunch, adding another hurdle for the machinery maker already has said a global chip shortfall may keep it from fully meeting demand this year. Read more...
15 Sep Pepsi Plans to Cut Virgin Plastic by 50%, Go Carbon-Neutral PepsiCo Inc., one of the biggest producers of plastic bottles, said it would drastically cut its use of the material as part of a new round of sustainability goals. Read more...
15 Sep Walmart Teams With Ford, Argo to Launch Driverless Delivery Service Walmart Inc. is teaming up with Ford Motor Co. and self-driving startup Argo AI to launch a driverless delivery service in three U.S. cities. Read more...
15 Sep CN Rail Walks Away From K.C. Southern, Ending Takeover War Canadian National Railway Co. declined to increase its offer for Kansas City Southern after a monthslong takeover battle, ceding to Canadian Pacific Railway Ltd. a prize that would create the first railroad spanning the U.S., Canada and Mexico. Read more...
15 Sep Intermodal Freight Industry Ponders Investment in Resilience LONG BEACH, Calif. — The intermodal freight industry is debating how much it should invest in infrastructure and other expenditures to build resiliency in the face of disruptive shocks such as the COVID-19 pandemic. Read more...
15 Sep August Trailer Orders Climb Past 15,000, FTR Reports North American trailer orders in August reached 15,100, FTR reported, citing trailer makers’ preliminary total that they will revise. It was the fourth-highest volume this year. Read more...
15 Sep Storm’s Blackouts Sever Texas Fuel Shipments to East Coast The largest gasoline pipeline in North America halted most shipments of fuel from Texas to the East Coast after Hurricane Nicholas’ winds knocked out power to almost half a million homes and businesses. Read more...