The owner of a North Carolina quartz mine that’s a key source for high-purity quartz used in global semiconductor manufacturing said its operations sustained only minor damage.
Category: News
Global Shipping Stocks Sink After Dockworkers Pause Strike
Shipping stocks slumped worldwide after a strike by U.S. dockworkers was suspended after only three days, spurring predictions of a decline in the price of transporting goods by sea.
Cargo Theft Experts Warn of Peak Season Fraud
The trucking industry expects an uptick in cargo theft activity, related to peak shipping season, on top of already elevated conditions, experts warned.
US Adds a Robust 254,000 Jobs in September
WASHINGTON — America’s employers added a surprisingly strong 254,000 jobs in September, the latest evidence that the U.S. labor market is still solid enough to support a growing economy.
US Dockworkers Halt Strike, Agree to Resume Cargo Operations
The International Longshoremen’s Association said it had agreed to extend the contract until Jan. 15 and work will resume.
Port Strike Sparks New Toilet Paper Shortages at Retailers
During visits to Costco stores in northern New Jersey, Oppenheimer analyst Rupesh Parikh said his team “observed behaviors similar to the start of the pandemic.”
Vice Presidential Candidates Defend Energy Policies
The differing viewpoints on energy and environmental policy held by the two major party candidates for the U.S. presidency were dissected during a spirited but collegial debate by their running mates on Oct. 1
DSV Starts $5.5 Billion Share Sale for DB Schenker Takeover
DSV received commitments from investors for more than half of a $5.5 billion sale of new shares as the Danish freight-forwarding company finances its takeover of DB Schenker.
Trucking Industry Accelerates Hurricane Helene Relief
Truck industry and governmental aid efforts are underway to assist communities reeling from Hurricane Helene, a Category 4 storm that slammed the Gulf Coast on Sept. 26.
New FMCSA Rule Mandates CDL Downgrades for Drug Violations
The new requirement is intended to make it more difficult for drivers to continue operating after receiving a drug or alcohol violation.