Domestic News
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Union Pacific has announced the retirement of three executives, Shane Keller, David Giandinoto and Lee Myers. |
Norfolk Southern has set May 9 as the date for its annual meeting, when an insurgent campaign to put outside directors on the company’s board and a new CEO in place will come to a head. |
A bridge across a major trading waterway in the U.S. city of Baltimore, Maryland, has completely collapsed after being hit by a container ship early today, Tuesday. |
Exxon Mobil Corp. pressed the case for hydrogen produced from natural gas to receive U.S. tax credits under the Inflation Reduction Act after signing an accord to sell the low-carbon fuel to JERA Co., Japan’s biggest power provider. |
For more than a decade, China has been the largest source of U.S. imports, with U.S. West Coast ports the primary gateway for those goods to enter the country. |
The Port of Vancouver has been struggling with rail container backlogs for more than two months caused primarily by a double-digit surge in imports and it will take at least several more weeks to clear the congestion. |