A truck driver will serve seven more months for a fatal bus crash that killed seven on Interstate 70 in Ohio in 2023. The crash happened on November 14th, 2023. The truck driver was sentenced on Monday, June 30th in Licking County, Ohio, reported NBC4i.61-year-old Jacob McDonald crashed into traffic slowed on I-70. McDonald crashed ...more
Watsontown Trucking Buys Milton Transportation
Through the acquisition, Patton expects to boost Watsontown Trucking’s regional capacity and reinforce its flexibility. (Watsontown Trucking) A unit of The Patton Logistics Group acquired Milton Transportation and Warehousing and BTR Inc. for an undisclosed sum, the company said. Watsontown Trucking closed June 27, the Milton, Pa.-based parent company said. The purchase of Milton Transportation and BTR ...more
Trump Deals Poised to Fall Short of Sweeping Trade Reforms
A Trump hat on the floor of the New York Stock Exchange. (Michael Nagle/Bloomberg) With just 10 days to go until President Donald Trump’s country-specific tariffs are set to resume, the White House appears poised to fall short of the sweeping global trade reforms it promised to achieve during the three months they were on ...more
Lower UK-US Car Tariffs Take Effect
(David Paul Morris/Bloomberg News) U.K. car manufacturers can export to the U.S. under a 10% tariff starting June 30, a reduction from the 25% rate imposed by Donald Trump on other countries, as the first elements of an economic agreement between the U.S. president and Prime Minister Keir Starmer come into effect. British aerospace companies ...more
Canada Rescinds Technology Tax on US
Mark Carney shakes hands with Donald Trump during an arrival ceremony during the Group of Seven Summit in Kananaskis, Alberta, on June 16. (Ludovic Marin/AFP/Getty Images) TORONTO — Canadian Prime Minister Mark Carney said late June 29 that trade talks with U.S. have resumed after Canada rescinded its plan to tax U.S. technology firms. U.S. ...more
Trump Says He Won’t Extend Pause on Tariffs Beyond July 9
(Fox News via X) WASHINGTON — President Donald Trump says he is not planning to extend a 90-day pause on tariffs on most nations beyond July 9, when the negotiating period he set would expire, and his administration will notify countries that the trade penalties will take effect unless there are deals with the United ...more
Home Depot to Buy GMS at $4.3 Billion Value
(Jeff Chiu/Associated Press) Home Depot Inc. has agreed to acquire specialty building products distributor GMS Inc. for $4.3 billion, its latest effort to grab more spending from professional contractors. The home improvement retailer’s subsidiary SRS Distribution Inc. will purchase the distributor of building products such as drywall, ceilings and other products. The deal values GMS ...more
Continental Considering $45M Expansion Near San Antonio
Continental's headquarters in Hanover, Germany. Continental Automotive is being spun off and renamed Aumovio in September. (Continental AG) Auto parts maker Continental Automotive is considering a $45 million expansion of its New Braunfels, Texas, manufacturing facility. New Braunfels is a city located just to the northeast of San Antonio. According to a recent filing with ...more
Continental Targets $45M Expansion Near San Antonio
Continental's headquarters in Hanover, Germany. Continental Automotive is being spun off and renamed Aumovio in September. (Continental AG) Auto parts maker Continental Automotive is considering a $45 million expansion of its New Braunfels, Texas, manufacturing facility. New Braunfels is a city located just to the northeast of San Antonio. According to a recent filing with ...more
DHL Partners With Fortum on Battery Recycling
(DHL Group) DHL Supply Chain has signed a long-term contract to advance sustainable battery recycling with Fortum Battery Recycling, the company announced June 25. Fortum develops processes to efficiently recover valuable raw materials from used batteries to drive a circular electromobility economy. DHL Supply Chain will utilize this expertise as part of the agreement while ...more