Leaders of the rival Canadian National and Canadian Pacific railroads on May 26 made their pitches about why their respective railroads should be approved to purchase Kansas City Southern Railroad.
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Rival Canadian Railroad Leaders Make Pitch for Kansas City Southern
Bezos: Amazon’s Andy Jassy Will Become CEO on July 5
Amazon .com Inc.’s new CEO will take the reins on July 5, the 27th anniversary of the company’s incorporation, outgoing CEO Jeff Bezos said during the annual shareholder meeting on May 26.
UPS Launches End-to-End Cold Chain Solutions
UPS is taking the lessons learned from the coronavirus pandemic to expand its specialty pharmaceutical offerings by establishing UPS Cold Chain Solutions, a suite of technologies, capabilities and global facilities that incorporates those lessons into an integrated logistics platform, the company announced May 24.
Safety Culture Helps Fleets Guard Against Lawsuits, Experts Say
Motor carriers with a culture that prioritizes safety can protect themselves from frivolous lawsuits and help stave off the multimillion-dollar court settlements that make headlines in accident litigation involving trucking companies, safety experts said.
Trucking Groups Oppose Oakland Stadium Port Site Even as A's Mull Moving
Two California-based trucking associations continue to oppose plans for a major league baseball stadium to be built for the Oakland Athletics inside the Port of Oakland facility at the Howard Terminal, even as the team considers relocating to another city.
GOP to Offer Biden Nearly $1 Trillion for Infrastructure Plan
A group of Senate Republicans plans to present its latest offer to the White House on a major new infrastructure package on May 27, with one member saying it will weigh in at almost $1 trillion.
Oil Wavers With Talks Resuming on Potentially Reviving Iran Deal
Oil was little changed as investors weighed talks of higher Iranian supply against the prospect of a continued recovery in demand.
Amazon Sued by D.C. AG in Antitrust Suit Over Pricing
Amazon .com Inc. was sued by the attorney general for Washington, D.C., who accused the online retail giant of engaging in anticompetitive practices that have raised prices for consumers.
Ports on Both Coasts Continue Record-Setting Runs in April
The nation’s ports reported record container volumes in April as the U.S. economy continues its strong recovery from the COVID-19 pandemic.
XPO Logistics Announces SVP of Strategy for Spinoff GXO
XPO Logistics Inc. has appointed Angus Tweedie to be the senior vice president of strategy for its upcoming spinoff company GXO Logistics, the company announced May 19.
May 24, 2021