Domestic News
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J.B. Hunt Transport Services shares were up 3.7 percent Wednesday after the trucking company’s president said customers are cautiously optimistic about the rest of the year. |
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The United Auto Workers union plans to hold targeted strikes at certain U.S. auto factories if it can’t reach new labor deals with Detroit automakers by late Thursday, an unusual strategy that could broadly disrupt assembly-line production. |
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The 88-year-old union is negotiating new labor contracts with GM, Ford and Stellantis; a deadline is nearing to reach a deal. |
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Union Pacific’s new CEO, who came into the job last month with a reputation for cost-cutting, says he won’t shy away from that, but no one should expect the kind of sweeping changes he made when he first oversaw the railroad’s operations a few years ago. |
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The company hopes the container cars will debut in a pilot program on Genesee & Wyoming short lines next year. |
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Located in southern Mexico near Guatemala, the state of Chiapas is a key trade transit zone between Mexico and Central America. |
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The Federal Railroad Administration has issued a safety advisory recommending railroads utilize wheel impact load detectors to identify and replace high-impact rail-car wheels that could cause significant damage to rail and supporting track structures. |
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Novi-based Lineage Logistics LLC, one of the largest real estate investment trusts specializing in temperature-controlled warehouses, has tapped advisers as it prepares for a potential initial public offering, according to people with knowledge of the matter. |
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Automakers, threatened by possible shortages of lithium for EV batteries, are racing to lock in supplies |
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Prolonged drought and record heat are threatening soybean yields in several key growing states across the Midwest. |
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The escalation of nearshoring this year has brought an increased need to bolster infrastructure investments and supply chain operations, according to experts. |
