09 Jul Federal Leaders Host Roundtable With Trucking Executives Federal officials met with trucking industry representatives to discuss driver retention and supply chain issues July 8. Read more...
09 Jul Thousands of Railcars Stuck After Canadian Wildfires Thousands of railcars loaded with grain are idled in the Vancouver corridor after Western Canadian wildfires damaged two main lines, while repairs enable a small but rising number to reach the country’s biggest port. Read more...
09 Jul Trucking Operations Continue as Heat Pounds Western States As extreme heat smothers western states, trucking operations are pressing on at a regular pace. Read more...
08 Jul Ford-Backed Argo Chooses Citigroup, JPMorgan to Go Public Argo AI, the self-driving startup backed by Ford Motor Co. and Volkswagen AG, is working with investment bankers as it prepares to go public as soon as this year with a valuation expected to top $7 billion. Read more...
08 Jul Biden Promotes Infrastructure Plan as Congress Prepares Policy Agenda President Joe Biden pressed Congress to legislate on the infrastructure policy aspects of his domestic agenda as lawmakers return to Washington from their July 4 recess. Read more...
08 Jul Mullen Ramps Up Acquisitions Amid Expansion Plans Mullen Group recently announced several acquisitions as part of an ongoing strategic plan to grow the Canadian business. Read more...
08 Jul US Seeks to Lower Spiking Shipping Costs With Competition The Biden administration is set to ask regulators to promote competition in the ocean shipping and rail industries after consolidation led to spikes in prices, according to a person familiar with a pending executive order. Read more...
08 Jul Virginia DOT Rolls Out EV Charging Location Information The Virginia Department of Transportation on July 7 introduced a new feature to help drivers locate electric vehicle charging stations. Read more...
08 Jul DP World to Buy Imperial Logistics in $890 Million Bet on Africa DP World plans to buy South Africa’s Imperial Logistics Ltd. for $890 million, in what the port operator said would be its most significant acquisition in Africa so far. Read more...
08 Jul 229% Surge in China-US Shipping Costs Drives Inflation Pressure The cost to ship a boxload of goods to the U.S. from China edged close to $10,000 as the world’s biggest economy keeps vacuuming up imports amid slower recoveries from the pandemic from Europe to Asia. Read more...