With two months left in his Cabinet-level tenure, Transportation Secretary Pete Buttigieg intends to press ahead with policies aimed at boosting freight and supply chain operations.
Category: News
Deere Expected to Report Weakest Q4 Since 2020
Sales of agricultural tractors continued their decline in October, with U.S. sales falling about 14% from the previous year, the Association of Equipment Manufacturers said in a report.
Judge Warns of Pitfalls in American Tire’s Bankruptcy Plan
The current debtor-in-possession financing plan could risk a lawsuit down the road, Judge Craig T. Goldblatt told lenders at a Nov. 19 hearing in Delaware.
Port Traffic Surging as Companies Rush to Beat Tariffs
Imports at the Port of Los Angeles last month totaled 462,740 20-foot-equivalent units, or TEUs. The port also handled 122,716 export containers and 319,570 empty containers in October.
Jaguar Rebrand Promo Shows Logo, but Where’s the Car?
NEW YORK — A promotional video for a rebrand of British luxury car brand Jaguar is being criticized online for showing models in brightly colored outfits — and no car.
GM Opens Lab to Prevent Software Bugs in New Vehicles
WARREN, Mich. — General Motors Co. has developed a software-testing lab inside its Global Technical Center to prevent bugs from entering new vehicles and affecting customers.
October Medium-Duty Sales Increase 5.5% From 2023
Classes 4-7 total retail truck sales for the month increased 5.5% to 20,484 units from 19,419 a year ago. Sales also increased 11.8% sequentially from the 18,316 reported in September.
Europe, US Push for Oil Funding Curbs Deal to Outlast Trump
The EU, US and other countries are hammering out a plan to throttle tens of billions of dollars of financial support for foreign oil and gas projects before Donald Trump moves into the White House.
Ford to Cut 4,000 Jobs in Europe
FRANKFURT, Germany — Ford says it will reduce its workforce by 4,000 in Europe and the U.K. by the end of 2027, citing the economy and weak sales of electric cars.
Canada Shares US Concerns About Mexican Trade With China
TORONTO — Canada’s point person for U.S-Canada relations said she shares U.S. concerns about Mexico serving as a back door for China to import cheaper goods into the North American market.