International Longshore and Warehouse Union workers picket in Vancouver, British Columbia, on July 5. (Don Mackinnon/AFP/Getty Images) The union representing more than 7,000 dockworkers at two of Canada’s busiest ports is set for a key vote on a new contract today, potentially putting an end to labor unrest that has temporarily disrupted billions of dollars ...more
Volvo FH gas-powered truck equipped with a Westport LNG HPDI fuel system. (CNW Group/Westport Fuel Systems Inc.) Truck manufacturer Volvo Group is set to establish a high-pressure gas-injection fuel system (HPDI) joint venture with Canada’s Westport Fuel Systems. Vancouver, British Columbia-based alternative fuel specialist Westport said July 19 the companies had signed a nonbinding letter ...more
Vehicles and pedestrians crowd a New York City intersection. (Michael Nagle/Bloomberg) A plan to charge motorists driving into midtown Manhattan in New York City was challenged by neighboring New Jersey, which seeks to block the proposal as unfair to commuters. The challenge came in a federal lawsuit the state filed July 21 against the U.S. ...more
CSX’s revenue declined 3% to $3.7 billion as the decline in diesel prices generated smaller fuel surcharges for the railroad. (Matt Rourke/Associated Press) OMAHA, Neb. — Fewer shipping container deliveries this spring hurt CSX railroad’s second-quarter profit and offset a sharp increase in shipments of automobiles, but executives remain optimistic about the economy. CSX said ...more
A UPS driver puts his seat belt. The company and its workers are buckling up for a potential tense week of negotiations with a contract expiration deadline of July 31. (Damian Dovarganes/Associated Press) A potential strike by 340,000 unionized workers at UPS Inc. threatens to unravel progress in tackling two of the U.S. economy’s biggest ...more
FedEx Freight driver Paul Swan is all smiles as he displays the grand champion trophy with Capt. John Hahn of the Colorado State Police. (Colorado Motor Carriers Association) It is a proven recipe to make commercial drivers win at safety tournaments. At his state competition in June, Colorado’s Paul Swan of FedEx Freight understood how ...more
President Biden and executives from firms committed to artificial intelligence safeguards meet with the media at the White House. (Yuri Gripas/Abaca via Bloomberg News) President Joe Biden said the U.S. must guard against threats from artificial intelligence as he detailed new company safeguards and promised additional government actions on the emerging technology. “These commitments are ...more
Amazon creates what it calls a “palm signature” based on someone’s palm and underlying veins, and the images are encrypted in the Amazon Web Services Cloud. (Amazon.com) Customers at Amazon’s Whole Foods Market stores will soon be able to pay for their groceries with a wave of their hand. Amazon is adding its Amazon One ...more
A rendering of the Phoenix Hydrogen Hub. (Fortescue Future Industries) Truck maker Nikola agreed to sell its Phoenix Hydrogen Hub project to partner Fortescue Future Industries for $24 million, the companies said. Nikola teamed up with Australia-based FFI to develop the Buckeye, Ariz., project, with a memorandum of understanding signed in January. FFI is a ...more
(Knight-Swift Transportation Holdings Inc. via PowerPoint) Knight-Swift Transportation Holdings Inc. on July 20 reported that earnings dropped 71% year-over-year in the second quarter. The Phoenix-based truckload motor carrier posted net income attributable to the company of $63.3 million, or 39 cents a diluted share, for the three months ending June 30. That compared with $219.5 ...more
