Port of Corpus Christi Remains Closed After Drilling Ship Breaks From Dock, Sinks Tugboat
The Port of Corpus Christi remains closed after an oil drilling ship broke from its mooring Aug. 26, sank a tugboat and beached in the ship channel’s entrance to the Gulf of Mexico.
August 29, 2017New Low-Sulfur Rules for Maritime Fuels Force Fleets to Scramble
The International Maritime Organization announced that shippers and global refiners must reduce sulfur content in marine bunker fuels by January 2020, five years earlier than had been expected.
August 29, 2017Cummins Debuts All-Electric Demonstration Truck, the Aeos
COLUMBUS, Ind. — Cummins Inc. has unveiled a concept truck with an all-electric powertrain, highlighting the diesel engine manufacturer’s commitment to electric power as an important part of its future.
August 29, 2017About 114 Multiemployer Pensions in Deep Trouble
About 114 multiemployer pensions covering more than 1 million workers are due to run out of money within the next two decades, but the overall state of the system is healthy, according to reports from two actuarial consulting firms.
August 29, 2017Daimler Sets Up Silicon Valley ‘Shark Tank’ to Take Company into the Future
Facing a future in which private car ownership may fade, Daimler is ramping up efforts to create new products and services — even business models.
August 29, 2017Delivery Without Drivers: Domino’s, Ford Team Up for Test
No ring of the doorbell, just a text. No tip for the driver? No problem in this test, where Domino’s and Ford are teaming up to see if customers will warm to the idea of pizza delivered by driverless cars.
August 29, 2017Shipping Company OnTrac Opens 160,000 Square-Foot Facility to Keep Up With E-Commerce Boom
Shipping and receiving company OnTrac cut the ribbon on a new 16,000-square-foot facility in Vancouver, Wash., on Aug. 24, giving it room to grow while online shopping shows no signs of slowing.
August 29, 2017Amazon Expands Oregon Footprint with Salem Fulfillment Center
Amazon on Aug. 28 announced plans to open a fulfillment center in Salem, marking its second such hulking warehouse in Oregon.
August 29, 2017Consumer Confidence Reaches Second-Highest Level Since 2000
A pickup in consumer confidence to the second-highest level since late 2000 provide a basis for steady gains in spending, according to figures Aug. 29 from the New York-based Conference Board.
August 29, 2017Oregon Raises Weight Fee System for Trucks Under New Transportation Law
Oregon’s weight-per-mile system for trucks will increase under a $5.3 billion, 10-year bill Gov. Kate Brown (D) signed into law on Aug. 28.
August 29, 2017