11 Feb Analyst Says Fuel Supply Inadequate for Ocean Shippers to Comply With New Rule Not enough low-sulfur fuel oil is available to replace the fuels used by marine shippers ahead of a fast-approaching regulation, according to analysis by Wood Mackenzie. Read more...
11 Feb Robot Package Delivery Trucks Developed in Detroit Ready for China, US Looking like a delegation of toasters from space, a generation of electrically powered, self-driving mail trucks will roll out of a suburban Detroit industrial park later this year. Their mission: Revolutionize mail and package delivery. Read more...
11 Feb Tech Startup ePallet Raises $3 Million to Fund 2019 Growth ePallet Inc., a California-based firm that provides technology to enable food shippers and consumers to buy and sell products in pallet-size quantities direct from manufacturers and food processing firms, has said it has raised $3 million in funding. Read more...
08 Feb Elon Musk's SpaceX Launch Site Risks Being Split in Two by Border Wall Elon Musk’s SpaceX has a big stake in the battle over border security being waged in Congress: a launchpad on the U.S.-Mexico border that it plans to use for rockets carrying humans around the world and eventually to Mars. Read more...
08 Feb U.S. Xpress Enterprises' Efficiency Moves Pay Off Efforts by dry van truckload carrier U.S. Xpress Enterprises to boost profits by improving the efficiency of its trucking operations are paying off. Read more...
08 Feb Amazon Reconsidering NYC Headquarters After Opposition Amazon.com Inc. is reconsidering its plan to build a corporate campus in New York after facing a wave of opposition, according to a news report that cited unnamed people familiar with the matter. Read more...
08 Feb DOT Announces $705 Million for Repairing Infrastructure Ravaged by Disasters The Federal Highway Administration will dedicate more than $705 million in emergency relief funds to help 34 states and three territories rebuild infrastructure mangled by natural disasters. Read more...
08 Feb US Warns EU Tariff Threat Will Return Unless Juncker Delivers The U.S.-European trade truce struck last summer that has helped keep punitive tariffs at bay is at risk of unraveling, with America’s top diplomat to the European Union citing a lack of goodwill and progress in negotiations. Read more...
08 Feb Bankruptcy Judge Gives Sears Another Chance A bankruptcy judge on Feb. 7 approved a $5.2 billion plan by Sears’ chairman and biggest shareholder to keep the iconic business going. Read more...
08 Feb Automakers Recall 1.7 Million Vehicles With Potentially Lethal Air Bags DETROIT — Subaru, Tesla, BMW, Volkswagen, Daimler Vans, Mercedes and Ferrari are recalling about 1.7 million vehicles to replace potentially deadly air bag inflators made by Takata Corp. of Japan. Read more...