Mexican miner Grupo Mexico said on March 28 it had acquired Florida East Coast Railway for $2.1 billion, a rare acquisition that comes as U.S. President Donald Trump has been trying to renegotiate trade ties between the two countries.

Robots have long been maligned for job-snatching. Now you can add depressing wages and promoting inequality to your list of automation-related grievances.

Consumer confidence jumped in March to the highest level in more than 16 years, as Americans grew increasingly upbeat about both present and future conditions, according to a report March 28 from the New York-based Conference Board.

Schneider, the largest privately owned for-hire carrier in the United States and Canada, will become a publicly traded company as soon as April 5 with shares trading between $18 and $20, according to Bloomberg News and a company filing with the Securities and Exchange Commission.

The U.S. Justice Department has ordered top executives from several container shipping lines to testify in an antitrust investigation over practices by an industry that is the backbone of world trade, the companies said on March 22.   

The efforts of XPO Logistics less-than-truckload drivers to organize into unions have spread to Trenton, New Jersey, with 33 employees filing a petition with the National Labor Relations Board.

While crossing a small wooden bridge in northwestern Iowa on March 16, 20 rail tank cars in a mile-long train transporting ethanol flew off the tracks, sending fireballs into the sky as thousands of gallons of the biofuel leaked into the creek below.