Business

About Business News...
Government, Business, Technology

Musk Statement on Tesla Production Raises Questions

Elon Musk Elon Musk by Saul Martinez/Getty Images via Bloomberg News

DETROIT — Tesla CEO Elon Musk is once again drawing scrutiny for questionable comments he made to Wall Street analysts, this time involving the status of his company’s vehicle production.

Tom Krisher | Associated Press
April 9, 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

Hapag-Lloyd CEO Says Ocean-Shipping Demand Staying ‘Very Strong’

A pair of shipping containers hang from a ship-to-shore crane while a Hapag-Lloyd ship is unloaded. Krisztian Bocsi/Bloomberg News

Robust demand for shipping goods across the world’s oceans shows no signs of slowing down, the chief executive of Germany’s largest container carrier said, signaling that elevated rates in the tight market for seaborne cargo may extend into the second half of the year.

Brendan Murray | Bloomberg News
April 9, 2021
Business, Equipment, Logistics

Shipping Pallets Stage Pandemic-Era Rally

An employee uses a forklift truck to move a stack of heat-treated wooden pallets. (Chris Ratcliffe/Bloomberg News) An employee uses a forklift truck to move a stack of heat-treated wooden pallets. (Chris Ratcliffe/Bloomberg News)

After carrying the weight of the global economy since World War II with little fanfare, the lowly shipping pallet is finally commanding some respect.

Brendan Murray | Bloomberg News
April 9, 2021
Business, Technology

GI Partners to Acquire Orbcomm

Orbcomm exhibit booth at 2018 MCE Orbcomm's exhibit booth at an industry trade show in 2018. (John Sommers II for Transport Topics)

Orbcomm has entered into a definitive agreement to be acquired by private equity firm GI Partners, the company announced April 8.

Connor D. Wolf | Staff Reporter
April 8, 2021
Business, Logistics

Suez Canal Blockage Ripples Through Trucking Industry

Ever Given Ever Given wedged into the Suez Canal. (Suez Canal Authority via Associated Press)

The containership that was blocking the Suez Canal has long since been dislodged, but the ripple effect of the delays it created could be felt across the supply chain for a while, experts said.

Connor D. Wolf | Staff Reporter
April 8, 2021
Business, Technology, Safety, Fuel, Logistics

C.H. Robinson Unveils Sustainability Tool, EPA Collaboration

C.H. Robinson The Emissions IQ tool. (C.H. Robinson)

C.H. Robinson has unveiled a tool and data model designed to help the transportation sector monitor and manage carbon emissions that was developed by the company’s technology incubator in collaboration with the U.S. Environmental Protection Agency and the Massachusetts Institute of Technology.

Connor D. Wolf | Staff Reporter
April 8, 2021
Government, Business

Biden Promotes Infrastructure Plan Amid GOP Opposition

Joe Biden President Joe Biden delivers a speech on infrastructure in Pittsburgh on March 31. (Evan Vucci/AP)

President Joe Biden and his team are galvanizing public support for their multitrillion-dollar infrastructure proposal as Congress prepares to debate both the plan and the administration’s budget request for federal agencies.

Eugene Mulero | Senior Reporter
April 8, 2021
Business, Technology, Fuel

Michelin Reinforces Bet on Hydrogen to Move Beyond Tires

Michelin logo. (Bloomberg News) Bloomberg News

Michelin is intensifying efforts to make fuel cells as the French company bets that growing demand for hydrogen vehicles will help reduce its dependence on tires.

Tara Patel | Bloomberg News
April 8, 2021
Government, Business, Technology, Fuel

EV Shift Becomes Life-or-Death Risk for Automakers

Electric vehicle charging points in Braintree, U.K. (Chris Ratcliffe/Bloomberg News) Chris Ratcliffe/Bloomberg News

The shift to electric vehicles won’t happen like the flip of a light switch.

Keith Naughton | Bloomberg News
April 8, 2021

Pages