Bloomberg News

Government, Business, Safety

North Dakota to Share Vaccine With Manitoba Truckers

A bandage on a person's shoulder after getting a vaccine BackyardProduction via Getty Images

North Dakota and the province of Manitoba have undertaken a joint initiative to vaccinate Canada-based truck drivers transporting goods to and from the U.S.

April 20, 2021
Government, Business

Sen. Roy Blunt Sees Path to Scaled-Down Infrastructure Deal

Republican Sen. Roy Blunt

A senior Republican senator said fees for airports and other infrastructure, along with levies for highways, could be used to fund a bipartisan investment package, amid GOP opposition to the corporate tax hikes proposed by President Joe Biden.

April 16, 2021
Government, Business, Technology, Logistics

Biden Reassures Chip Summit of Bipartisan Support for New Funds

President Joe Biden leads the CEO Summit on Semiconductor and Supply Chain Resilience President Joe Biden leads the virtual CEO Summit on Semiconductor and Supply Chain Resilience in the Roosevelt Room of the White House Monday. (Patrick Semansky/Associated Press)

President Joe Biden told companies vying with each other for a sharply constrained global supply of semiconductors that he has bipartisan support for government funding to address a shortage that has idled automakers worldwide.

April 12, 2021
Business, Technology, Fuel, Autonomous

Huawei to Invest $1 Billion on Car Tech It Says Surpasses Tesla

Huawei HiCar Attendees try Huawei's HiCar system on a BYD Co. Han electric vehicle at the MWC Shanghai exhibition in Shanghai, China, on Feb. 23. (Qilai Shen/Bloomberg)

Huawei Technologies Co. will invest $1 billion on researching self-driving and electric-car technologies, accelerating plans to compete with Tesla Inc. and Xiaomi Corp. in the world’s biggest vehicle arena.

April 12, 2021
Government, Business, Technology, Safety

Boeing Grounds Dozens of 737 Max Jets on Manufacturing Flaw

A Boeing 737 Max sits on the tarmac in Farnborough, U.K., in July 2018. (Simon Dawson/Bloomberg News) A Boeing 737 Max sits on the tarmac in Farnborough, U.K., in July 2018. (Simon Dawson/Bloomberg News)

Boeing Co. grounded dozens of 737 Max jets to repair an electrical flaw that emerged just months after the planes were cleared to return to the skies, forcing airlines to cancel flights and line up replacement aircraft.

April 9, 2021
Business, Logistics, Top 50

Syncreon Holdings Reported to Be Weighing $1.5 Billion Sale

Syncreon Holdings is said to be weighing a sale of about $1.5 billion. Syncreon Holdings

The owners of supply-chain services company Syncreon Holdings are exploring a sale of the company that could value it at as much as $1.5 billion, including debt, according to people with knowledge of the matter.

April 8, 2021
Business, Logistics

Commodity Shipping Rates Surge; Rally Isn’t Over

Containership A containership at the Port of Savannah, Ga. (Peggy Smith/Transport Topics)

For a glimpse of how quickly and unevenly economies are recovering from the pandemic, look no further than the market for shipping raw materials.

April 7, 2021
Government, Business, Logistics

Conversation Begins About Who Will Pay for Suez Canal Crisis

Tug boats pull the Ever Given containership along the Suez Canal on March 29. Tug boats pull the Ever Given containership along the Suez Canal after dislodgement on March 29. (Islam Safwat/Bloomberg News)

The Suez Canal may be open again, but the battle over damages from the waterway’s longest closure in almost half a century is just beginning.

March 30, 2021
Government, Business, Safety, Logistics

Blocked Suez Canal Compounds Stress to Supply Chains

Satellite image of Ever Given stuck in the Suez Canal Satellite image shows the cargo ship MV Ever Given stuck in the Suez Canal near Suez, Egypt, March 26. (Maxar Technologies via AP)

Dislodging the container vessel blocking the Suez Canal will take until at least March 31, a longer effort than initially feared that will amplify the disruption to global supply chains for everything from oil to grains to cars.

March 26, 2021
Government, Business, Fuel

Containership Blocking Suez Canal Remains Stuck

Canal Shipping containers during the southbound passage along the Suez Canal in Egypt. (Kristian Helgesen/Bloomberg News)

A giant containership remains stuck in the Suez Canal, blocking one of the world’s busiest maritime trade routes that’s vital for the movement of everything from oil to consumer goods.

March 24, 2021