Extras
Logistics News
Government, Business, Fuel, Logistics

Saudi Oil Cuts Take Seven Supertankers a Day Off the Market

Saudi Arabia seems to have made good on its promise to cut oil production by a record amount in June.

Brian Wingfield | Bloomberg News
June 30, 2020
Business, Technology, Logistics

Uber Reportedly in Talks to Buy Delivery Rival Postmates

Uber Technologies Inc. is in talks to purchase Postmates Inc., said a person familiar with the discussions, seeking to expand food delivery services in the U.S. and capitalize on a surge in orders during the coronavirus pandemic.

Priya Anand | Bloomberg News
June 30, 2020
Business, Safety, Logistics

Amazon to Pay One-Time Bonuses of $500 to Most Logistics Workers

Amazon.com Inc., after complaints about ending pandemic hazard pay, will give one-time bonuses of $500 to most frontline workers.

Matt Day | Bloomberg News
June 29, 2020
Government, Business, Safety, Logistics

Meat Shortages Reopen Costly Path to Small US Slaughterhouses

When coronavirus outbreaks forced shutdowns at America’s giant meat plants, it quickly created a bottleneck.

June 26, 2020
Government, Business, Fuel, Logistics

Oil Rises on Russian Export Cuts, Offsets Virus Demand Jitters

Oil prices rose after Russia slashed exports of its flagship crude Urals to the lowest in at least 10 years, signaling the determination of Moscow to work with its partners at OPEC+ to eliminate an oil glut.

Hailey Waller | Bloomberg News
June 25, 2020
Government, Business, Logistics

US May Exports Sink to 11-Year Low as Imports Drop

U.S. exports sank to the lowest in more than a decade while imports dropped as the coronavirus continued to curtail demand for goods and upset producers’ supply chains.

Elizabeth Dexheimer | Bloomberg News
June 25, 2020
Business, Technology, Equipment, Logistics

Navistar Breaks Ground on San Antonio Truck Plant

Navistar International Corp. and local and state officials June 25 celebrated, in a virtual setting, groundbreaking in San Antonio on its most advanced manufacturing facility, a $250 million investment.

Roger Gilroy | Senior Reporter
June 25, 2020
Business, Technology, Fuel, Logistics

In Ohio, Lordstown Motors Is a Glint of Hope Among Heartbreak

In a cavernous Northeast Ohio factory that General Motors Co. left last year, a small group of engineers is coaxing dormant robots back to life — one by one — in a long-shot bid to build a new type of pickup truck.

Kevin Miller | Bloomberg News
June 24, 2020
Business, Technology, Logistics

XPO Stresses Agility in Supply Chain Management During Pandemic

Executives from XPO Logistics said flexibility, visibility and data science have been key to navigating the business landscape during the coronavirus pandemic, as it relates to both employees and customers.

Connor D. Wolf | Staff Reporter
June 24, 2020
Government, Business, Safety, Logistics

China’s Virus-Safety Demand Is Latest Hurdle to Trade Deal

China wants international shippers of meat and soybeans to sign a document attesting their cargoes meet safety standards to ensure they aren’t contaminated with the novel coronavirus.

June 24, 2020
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