Package delivery giant UPS is offering drivers a financial compensation package if they voluntarily resign as the company undergoes a massive restructure. On Friday, July 18, UPS announced the “US Driver Voluntary Severance Plan (DVSP),” which provides the company’s full-time drivers with “an opportunity to receive a generous financial package ...more
June Truck Orders Drop 36% From Last Year
A Mack truck in production at the company's Lehigh Valley, Pa., manufacturing plant. ACT's preliminary data showed orders in June ...more
DOT Chief Sean Duffy Named Interim Administrator of NASA
Sean Duffy. (Jacquelyn Martin/Associated Press) President Donald Trump named Secretary of Transportation Sean Duffy as what he calls an interim ...more
Trump Says 50% Levy on Copper Imports to Take Effect Aug. 1
Copper cathode sheets. (Oliver Bunic/Bloomberg) President Donald Trump said the U.S. would begin levying a 50% tariff on copper imports ...more
Musk Says Grok AI Is Coming to Tesla Vehicles by Next Week
The Grok chatbot logo on a smartphone. (Andrey Rudakov/Bloomberg) Elon Musk said his artificial intelligence startup’s chatbot will be coming ...more
Trump’s 50% Copper Tariff Could Rattle US Supply Chains
As Trump prepares to slap a 50% levy on imported copper as of Aug. 1, the global supply chain is ...more
Unilever Sells Venezuelan Ice Cream Unit to Mack de Venezuela
The financial details of the operation haven’t been disclosed, the firm added. (Luke Sharrett/Bloomberg) Unilever PLC sold its Venezuelan ice ...more