When senators return to Washington from their August recess, passing fiscal 2025 legislation will headline the chamber’s agenda, Majority Leader Chuck Schumer said.
Category: News
Ice Cream Giant Wells Plans $425M New York Expansion
Wells Enterprises will invest $425 million to expand its ice cream manufacturing facility in Dunkirk, N.Y., nearly doubling the plant’s size and quadrupling production capacity.
Nissan Is Developing ‘Cool Paint’ for Cars
Nissan showed Aug. 6 what it called a “cool paint” to keep people inside vehicles cooler, although the coating is six times thicker, making commercialization still a challenge.
GXO Logistics Reports 19% Revenue Surge in Q2 2024
GXO Logistics saw a 19% revenue boost in the second quarter of 2024, reaching $2.85 billion. However, the Greenwich, Conn.-based contract logistics firm reported a drop in net income to $39 million, down from $66 million in the same period last year. E…
Canada’s Labor Minister Launches Talks to Avert Rail Strike
Negotiations to avert a major railroad strike in Canada will resume Aug. 7 after talks between the three parties were stalled for months.
Perspective: OOIDA Sides With Su on Independent Contractors
Few issues are of greater importance to our industry than the rights of independent truckers. Unfortunately, special interests are fully invested in taking those rights away.
Caterpillar Says 2024 Profits Will Be Higher Than Expected
Caterpillar said its annual profit will probably be higher than previously expected, as the company reported Q2 earnings that showed resilience despite worries about the global economy.
NYC Smart Roads Deter Heavy Trucks on Aging BQE
New York City officials plan to launch an automated enforcement weigh-in-motion program for inbound Staten Island traffic this year after the technology dramatically deterred overweight trucks on the triple cantilever of the aging Brooklyn-Queens Expre…
SK Hynix Wins Grants, Loans for Indiana Chip Site
SK Hynix is set to receive an initial $450 million in U.S. grants and $500 million in loans to build an advanced chip packaging and research facility in Indiana.
Uber Beats Expectations as Rideshare Demand Remains Strong
Uber Technologies Inc. reported better-than-expected orders in the second quarter, underscoring the continued strength in demand for rideshare and delivery services.