28 Aug Oil Stuck Near $43 as Hurricane Laura Spares US Oil Industry Oil stayed in its recent tight range after Hurricane Laura swept through the U.S. energy heartland without appearing to inflict major damage on key infrastructure. Read more...
27 Aug Companies That Prioritize Quality Work Can Sustain Disruptions, Survey Finds Research firm Gartner in a recent survey found that supply chain companies that build and maintain a culture that prioritizes quality work are better positioned to sustain their businesses when major disruptions occur. Read more...
27 Aug Laura Carves Destructive Path Through Louisiana One of the strongest hurricanes ever to strike the U.S. pounded the Gulf Coast on Aug. 27, shearing off roofs and killing at least four people, as Laura barreled across Louisiana and maintained ferocious strength while carving a destructive path hundreds of miles inland. Read more...
27 Aug Amazon Fresh Opens First Supermarket in Los Angeles Amazon is soft-launching a new supermarket Aug. 27, with a shopping cart that tallies up items as it enters the basket and enables instant checkout, and Alexa stations throughout the store that can answer questions. Read more...
27 Aug Used Class 8 Sales Decline 16.3% Year-Over-Year in July Used Class 8 vehicles in July were, on average, younger, cost less and had about the same mileage compared to a year earlier, ACT Research reported. Read more...
27 Aug US Rolls Out Free App for Alerts on Vehicle Recalls The U.S. government’s road safety agency is offering a smartphone app that will alert drivers if their vehicles are recalled. Read more...
27 Aug Parties Paint Divergent Picture of Future During Conventions The presidential conventions painted starkly different pictures of the business and transportation landscapes that the candidates are promising voters come November. Read more...
27 Aug Experts Stress Teamwork in Response to Natural Disasters As Hurricane Laura was bearing down on the Gulf Coast, disaster preparedness experts discussed how communication and partnerships between the transportation sector and emergency management agencies are vital components of effective responses to natural disasters. Read more...
27 Aug Daimler’s Nielsen Believes Truck Production, Sales Improving Daimler Trucks North America CEO Roger Nielsen sees the production and sale of new trucks reaching replacement levels by the end of 2020. Read more...
27 Aug Nikola Founder Trevor Milton to Give 50 Employees $233 Million of His Stock Trevor Milton, the founder and chairman of Nikola Corp., is giving the first 50 employees of the electric-truck startup 6 million of his own shares after making a promise when he hired them. Read more...