Border Congestion Feared as Vaccination Requirements Change in January
The flow of freight between the United States and its neighbors Canada and Mexico could slow beginning in January, as all three countries adopt more stringent COVID-19 vaccine requirements for cross-border truck traffic.
December 8, 2021Meritor Forecasts Electrification Will Bring $1.5 Billion in Revenue by 2030
Meritor Inc. announced several new business awards that expand its role in vehicle electrification, including the medium-duty segment, and broaden its global reach to offset the cyclical North American truck market, its largest customer base.
December 8, 2021Businesses Advertise Near-Record 11 Million Open Jobs
U.S. employers posted 11 million open jobs in October, nearly matching a record high reached in July and a sign that companies were confident enough in the economy to expand.
December 8, 2021Trucking Reports Busy Black Friday Weekend
Black Friday weekend was particularly busy for the trucking industry with strong demand coming from retailers and supply chain issues.
December 8, 2021Pemex Refinery Deal May Cost $1 Billion More Than Announced
Petroleos Mexicanos could end up spending about $1.6 billion to take over Royal Dutch Shell Plc’s Deer Park refinery, more than twice the price announced in May, even as its finances are so dismal the government is injecting billions of dollars into the state oil producer.
December 8, 2021BMW Signs Long-Term Chip Deal
BMW AG signed a long-term deal to secure semiconductors for in-car lighting systems after a global shortage of the components led to shutdowns at some of its factories.
December 8, 2021Oil Refiners Say Shift in Biofuel Quotas Will Raise Diesel Costs
The Biden administration sought to thread the needle between warring oil and renewable fuel interests Dec. 7 by proposing modest quotas for the use of plant-based fuels while moving to block exemptions for dozens of oil refineries.
December 7, 2021Amazon Web Outage Affects Delivery Operation
An Amazon Web Services outage is wreaking havoc on the e-commerce giant’s delivery operation, preventing drivers from getting routes or packages and shutting down communication between Amazon and the thousands of drivers it relies on, according to four people familiar with the situation.
December 7, 2021New Pilot Travel Center Opens in Missouri
Pilot Co. opened a travel center location in Faucett, Mo., the company announced Dec. 6.
December 7, 2021US Might Need to Produce More of Its Own Goods, Yellen Says
Treasury Secretary Janet Yellen said that U.S. reliance on foreign supply chains has proved a vulnerability and that the country needs to produce more critical goods domestically to protect its economic and national security.
December 7, 2021