UPS Inc. slid before the opening bell after a mixed quarter and an outlook for this year that was weaker than expected.
Category: News
Logistics Startup Flexport Will Trim Hundreds More Jobs
Logistics startup Flexport Inc. plans to lay off hundreds of workers, according to a source — the company’s latest effort to reposition itself during a global shipping industry slowdown.
Diesel Price Increase of 2.9¢ Lifts National Average to $3.867
The diesel price pendulum has swung forward this week with a 2.9-cent national average increase, according to data released Jan. 29 by the Energy Information Administration.
Port of Baltimore Security Lauded by US Coast Guard
The Port of Baltimore for the 15th straight year has received a top U.S. Coast Guard security assessment for its six state-owned, pubic marine terminals.
GM, Honda Hydrogen Fuel Cell JV Begins Commercial Production
A joint venture between General Motors and Honda began commercial production Jan. 25 of hydrogen fuel cells in Brownstown, Mich., aimed at the commercial vehicle market.
Love’s Travel Stops Previews Expansion Plans for 2024
Love’s Travel Stops is rolling out a planned $1 billion expansion of its truck stop network this year with new and remodeled stores that expand the offerings available to truck drivers.
Crossword Puzzle Solution for January 29, 2024
Here’s the solution to the crossword puzzle found in the January 29, 2024 print edition.
Toyota Union Seeking Higher Wages, Bonus in Negotiations
Toyota Motor Corp.’s workers’ union is seeking a bonus of 7.6 months worth of salary as it prepares for annual compensation negotiations with the Japanese carmaker.
More Than a Weak Week: Biden Touts ‘Infrastructure Decade’
President Joe Biden, seeking another four years in office, stopped by the Badger State recently to tout his infrastructure bona fides. Here’s the week ahead for trucking on Capitol Hill.
Walmart Adds Stock Grants as Perk in Manager-Retainment Push
NEW YORK — Walmart is further sweetening the perks for its U.S. store managers as it seeks to retain its leaders and attract new ones in a still competitive job market.