Some 200,000 mail carriers have reached a tentative contract deal with the U.S. Postal Service that includes backdated pay raises and a promise to provide air-conditioned trucks.
Category: News
Norfolk Southern Tops Third-Quarter Expectations
Norfolk Southern’s streamlined operations delivered strong earnings, even excluding boosts from insurance payouts related to the derailment in East Palestine and the sale of two rail lines.
Diesel Price Drops 7.8¢ to $3.553
The national average diesel price fell 7.8 cents to $3.553 per gallon, according to U.S. Energy Information Administration data released Oct. 21.
Crossword Puzzle Solution for October 21, 2024
Here’s the solution to the crossword puzzle found in the October 21, 2024 print edition.
Auto Supplier Dana Exploring Sale of Off-Highway Unit
Dana Inc. is exploring a sale of its off-highway business, people familiar with the matter said, as the automotive supplier responds to sluggish demand in its key markets.
Volvo Q3 Profit Falls 28.5% on Market Downturn, Mack Issues
Volvo Group profits fell 28.5% in the third quarter of 2024 as a downturn in demand for trucks in both Europe and North America crimped revenues and margins.
BMW Recalls 700,000 Cars in China Over Coolant Pump Issues
Models affected include locally-made 3 Series and 5 Series vehicles, as well as several imported X Series SUVs.
Biden Administration Pledges $2B to Reinforce Electric Grid
The funding for 32 projects is being made available through the Energy Department and will span 42 states. Investments will include utilities damaged by hurricanes Helene and Milton.
Tesla’s Full Self-Driving Under Investigation by NHTSA
NHTSA said Oct. 18 it will assess whether Tesla’s system, also known as FSD, has the ability to detect and appropriately respond to fog and other reduced visibility conditions
Housing Starts Fall as Multifamily Projects Tumble
Housing starts decreased 0.5% last month to a 1.35 million annualized rate, according to government data released Oct. 18, after a big rebound in construction in August.