Secretary of Commerce Gina Raimondo has announced a $4 million economic development grant to New York’s Port of Oswego to buy new cargo-handling equipment and improve rail infrastructure.
Category: News
Former Ford, VW Executives Start Stack AV
The founders of the former self-driving unit of Ford Motor Co. and Volkswagen AG are launching a new autonomous trucking startup, Stack AV, with backing said to be more than $1 billion.
Jaxport to Buy Two Ship-to-Shore Cargo Cranes
Florida state legislators have given Jacksonville Port Authority officials a $30 million check to purchase two new ship-to-shore container cranes for the Blount Island Marine Terminal.
NDAA on Congressional Leaders’ Fall Radar
With lawmakers returning to Capitol Hill after the Labor Day holiday, attention will be devoted to arriving at a final version of the National Defense Authorization Act.
TFI Buys Tank Truck Specialist Vedder in Ninth Deal of 2023
TFI International Inc. acquired tank transport specialist Vedder Transportation Group, the company said, in what was its ninth acquisition so far in 2023.
Fain: Strike is ‘The Plan’ if Deals Not Reached Next Week
The head of the United Auto Workers warned Sept. 6 that the union plans to go on strike against any Detroit automaker that hasn’t reached a new agreement by the time contracts expire next week.
US Trade Deficit Widened by Less than Expected in July
The U.S. trade deficit widened in July by less than forecast, reflecting an increase in exports of cars and services.
FAA Clears UPS Drones for Longer Flights
Two more companies including UPS have been granted approval to fly drones beyond the sight of ground operators in a key step that could eventually enable widespread package delivery.
ELeapPower Brings Integrated Inverter to Medium-Duty BEVs
MUNICH — Canadian startup eLeapPower said it is bringing its integrated power electronics to the medium-duty battery-electric truck market in North America.
Carmakers Are Failing the Privacy Test
BOSTON — Cars are getting an “F” in data privacy. Most major manufacturers admit they may be selling your personal information, a new study finds.