Extras
Logistics News
Business, Equipment, Logistics

Amazon Employees Fear ‘No One Is Safe’ as Layoffs Roil the Ranks

“No one is safe.” So wrote an Amazon.com Inc. employee on an internal chat room as the company began the largest round of layoffs in its history.

Spencer Soper | Bloomberg News
November 16, 2022
Business, Logistics

Third Railroad Workers Union Turns Down Pact

The possibility of a nationwide freight railroad strike is increasing after another union turned down a tentative agreement that was negotiated in mid-September among the major Class I carriers, a management council and the Biden administration.

Dan Ronan | Senior Reporter
November 16, 2022
Government, Business, Equipment, Logistics

The Battery Supply Chain Is Finally Coming to America

Redwood Materials Inc., the battery recycling company created by Tesla co-founder J.B. Straubel, said it has reached a deal to supply Panasonic with billions of dollars in critical battery components that will be produced in the U.S. for the first time.

Tom Randall | Bloomberg News
November 15, 2022
Business, Logistics, Private

Walmart’s Grocery Gains Power Sales Beat and Stock Jump

Walmart Inc. jumped Nov. 15 after the retail giant reported strong quarterly results and boosted its annual forecast, putting its shares on pace to erase this year’s losses.

Janet Freund | Bloomberg News
November 15, 2022
Government, Business, Logistics

Wholesale Inflation Eased in October for Fourth Straight Slowdown

Prices at the wholesale level rose 8% in October from a year ago, the fourth straight decline and the latest sign that inflation pressures in the United States are easing from painfully high levels.

Christopher Rugaber | Associated Press
November 15, 2022
Business, Logistics, For-Hire

Daseke Founder Sells Shares Amid Board Retirement

Daseke Inc. founder Don Daseke will sell his holdings in the company and step down from its board of directors, the company announced Nov. 14.

Connor D. Wolf | Staff Reporter
November 15, 2022
Business, Equipment, Fuel, Logistics, For-Hire

J.B. Hunt Plans Carbon Emission Intensity Reduction of 32% by 2034

J.B. Hunt Transport Services Inc. set a new goal to reduce its carbon emission intensity 32% by 2034, the company announced Nov. 14.

November 14, 2022
Business, Equipment, Logistics, For-Hire, Global Freight

FedEx Freight Unit Furloughs Workers as Cargo Demand Slows

FedEx Corp.’s freight unit is putting workers on furlough in some U.S. markets, adding to mounting evidence of a cargo slowdown as the company joins other large employers trimming their ranks.

Thomas Black | Bloomberg News
November 14, 2022
Government, Business, Technology, Logistics

Study Says Charging Network Isn’t on Pace With Electric Truck Development

In December, Tesla Inc. plans to deliver the first of its electric Semi trucks — prompting those responsible for delivering the power to ask: Are we ready for this?

Tom Randall | Bloomberg News
November 14, 2022
Government, Business, Equipment, Logistics

Airbus CEO Sees Energy Crisis Weighing on Production Next Spring

Airbus SE said production concerns have shifted from a shortage of jet engines to smaller suppliers struggling to cope with spiraling energy costs, with the squeeze expected to become most acute next spring.

November 14, 2022
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