UPS CEO Sees Greater Commitment From Obama Administration on TPP Deal
The top executive at UPS Inc. said Oct. 27 he is seeing a greater commitment from the Obama administration on completing the Trans Pacific Partnership deal despite negative election campaign rhetoric about free trade agreements.
Looming Digital Regulation Has Trucking Industry Scrambling
GREEN BAY, Wis. — A new regulation that will force U.S. trucking companies to electronically log employee hours is designed to limit accidents by keeping tired drivers off the road. It may also drive smaller trucking firms out of business.
UPS-Backed Blood Delivery Drones Show Promise, Hurdles
UPS Inc. is backing a start-up using drones in Rwanda to transport life-saving blood supplies and vaccines, underlining the wide potential for the unmanned aircraft and helping bring package delivery by drone to U.S. consumers a step closer.
Panama Canal Expansion Exposes US Infrastructure, Shipper Woes
The $5.2 billion expansion of the Panama Canal was expected to make U.S. East Coast ports more competitive for cargo ships carrying televisions, tennis shoes and other products from Asia.
Navistar CEO Troy Clarke Opens Door to Partners as Truck Market Sours
Navistar International Corp. CEO Troy Clarke is pushing the door open for potential deals as he fights to keep the truck maker’s turnaround on track amid a U.S. sales slump.
Norfolk Southern Customers Lobby Regulators Against Canadian Pacific Bid
Industry groups representing major freight customers of Norfolk Southern Corp. have asked the U.S. rail regulator to reject any bid for the railroad by Canadian Pacific Railway Ltd., according to letters viewed by Reuters.
Third Time's a Charm for UPS at Christmas, But FedEx Stumbles
CHICAGO — After two consecutive years of problems during its holiday peak package season, UPS delivered on time at Christmas this year, while its main rival, FedEx, had a last-minute stumble that left some gifts undelivered until after the holiday.