USPS Says It Could Buy More EVs If Congress Funded It
The U.S. Postal Service said it could buy more electric vehicles if more funding were available, after Biden administration criticism of the agency’s plan to replace its fleet mainly with gas-powered delivery trucks.
February 7, 2022Biden Task Force Releases Report to Strengthen Labor Unions
A Biden administration task force on organized labor on Feb. 7 issued a set of recommendations that could make it easier for federal workers and contractors to unionize.
February 7, 2022Toshiba to Split, Sell Stake in Carrier
TOKYO — Embattled Japanese technology giant Toshiba plans to split into two companies, and intends to sell its joint venture stake in Toshiba Carrier Corp. to U.S.-based Carrier Group, for about 100 billion yen ($877 million).
February 7, 2022Amazon’s $191 Billion Jump Sets Record for Market Value Gain
Amazon.com Inc. shares surged 14% on Feb. 4, adding about $191 billion in market value, after investors cheered its fourth-quarter earnings report. The advance was the biggest single-day gain in U.S. stock market history.
February 4, 2022TrueNorth CEO Smith Hands President Title to Tillman
TrueNorth President and CEO Jason Smith has handed off the title of president to Trent Tillman, executive vice president of TrueNorth’s transportation division. Tillman will assume the role while retaining his current responsibilities.
February 4, 2022Illinois Trucking Association Launches Women’s Coalition
The Illinois Trucking Association launched a new coalition aimed at empowering women in the trucking industry.
February 4, 2022CFI Plans to Upgrade Tractors, Raise Pay
TFI International operating company CFI on Feb. 2 detailed plans to upgrade its fleet equipment and increase driver pay this year.
February 4, 2022House Passes Bill Promoting Semiconductor Development
The U.S. House of Representatives on Feb. 4 passed an expansive bill that would invest tens of billions in the U.S. tech sector, but Republican objections that it’s too weak on China threaten what Democrats hoped would be a quick election-year win.
February 4, 2022RLS Adds Two Cold Chain Companies to Network
RLS Logistics announced the recent acquisitions of two cold chain companies Feb. 2 in a move aimed at bolstering its network of solution providers.
February 4, 2022Toshiba to More Than Double Chip Output With New Plant
Toshiba Corp. will build a new wafer fabrication plant for power semiconductors that will more than double its production capacity by March 2025, the company announced Feb. 4.
February 4, 2022