Nick Carey

Business

UPS CEO Sees Greater Commitment From Obama Administration on TPP Deal

Jim Young/Reuters

The top executive at UPS Inc. said Oct. 27 he is seeing a greater commitment from the Obama administration on completing the Trans Pacific Partnership deal despite negative election campaign rhetoric about free trade agreements.

Nick Carey | Reuters
October 27, 2016
Government, Business, Technology, Equipment

Looming Digital Regulation Has Trucking Industry Scrambling

ArcBest Corp.

GREEN BAY, Wis. — A new regulation that will force U.S. trucking companies to electronically log employee hours is designed to limit accidents by keeping tired drivers off the road. It may also drive smaller trucking firms out of business.

Nick Carey | Reuters
October 14, 2016
Business, Technology

UPS-Backed Blood Delivery Drones Show Promise, Hurdles

UPS Inc.

UPS Inc. is backing a start-up using drones in Rwanda to transport life-saving blood supplies and vaccines, underlining the wide potential for the unmanned aircraft and helping bring package delivery by drone to U.S. consumers a step closer.

Nick Carey | Reuters
May 10, 2016
Business

Panama Canal Expansion Exposes US Infrastructure, Shipper Woes

Rafael Ibarra/Reuters

The $5.2 billion expansion of the Panama Canal was expected to make U.S. East Coast ports more competitive for cargo ships carrying televisions, tennis shoes and other products from Asia.

Nick Carey | Reuters
May 5, 2016
Business

Navistar CEO Troy Clarke Opens Door to Partners as Truck Market Sours

Jim Young/Reuters

Navistar International Corp. CEO Troy Clarke is pushing the door open for potential deals as he fights to keep the truck maker’s turnaround on track amid a U.S. sales slump.

Nick Carey | Reuters
March 3, 2016
Logistics

Norfolk Southern Customers Lobby Regulators Against Canadian Pacific Bid

Steve Tatum/Flickr

Industry groups representing major freight customers of Norfolk Southern Corp. have asked the U.S. rail regulator to reject any bid for the railroad by Canadian Pacific Railway Ltd., according to letters viewed by Reuters.

Nick Carey | Reuters
January 4, 2016
Business

Third Time's a Charm for UPS at Christmas, But FedEx Stumbles

John Sommers II for Reuters

CHICAGO — After two consecutive years of problems during its holiday peak package season, UPS delivered on time at Christmas this year, while its main rival, FedEx, had a last-minute stumble that left some gifts undelivered until after the holiday.

Nick Carey | Reuters
December 31, 2015