Category: News

Two mining giants are rerouting shipments and turning to trucks to deal with disruptions from a Canadian railway stoppage that threatens to undermine the industry’s operations.

DUBAI, United Arab Emirates — A French destroyer rescued 29 mariners from an oil tanker that came under repeated attack in the Red Sea, officials said Aug. 22.

WeRide Inc. has postponed its plan for a U.S. initial public offering, according to people with knowledge of the matter, days before Chinese regulatory approval lapses.

A $5 million grant program aimed at supporting Baltimore-area small businesses hit hard by the collapse of the Francis Scott Key Bridge launched Aug. 21.

Groendyke Transport on August 19 announced a definitive agreement to acquire all the tank truck assets of Linden Bulk Transportation from Depot Connect International.

U.S. trailer orders fell 37% year over year in July to 7,200 units, ACT Research reported. The figure represented a 14.2% increase from June’s 6,300 units.

Importers and exporters are left with few options as a near-total rail shutdown in Canada risks delaying ocean shipments, spiking freight costs and straining the busiest U.S. ports.

The Canadian railway system has been struck with two major work stoppages amid failed labor negotiations Aug. 22.

Chris Moore, the Georgia grand champion in the sleeper berth class, aims to lead Walmart to the team title at the National Truck Driving Championships in Indianapolis. 

Minnesota’s motor fuel taxes will jump by nearly 12% starting Jan. 1 for diesel, gasoline, biodiesel and other fuels because of a state law passed last year.