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Aur Uf Nologos
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Uber Freight Expands Autonomous Long-Haul Trucking Pilot
The company's opening up a lane between El Paso and Fort Worth with Aurora Innovation.
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A Norfolk Southern rail yard in Atlanta, Sept. 14, 2022.
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Senate Passes Bill to Avert Rail Strike
The measure now goes to President Biden's desk for his signature.
December 2, 2022
Walmart store in Secaucus, N.J., Nov. 22, 2022.
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Key Inflation Gauge Slows to Still-High 6%
The metric will likely reinforce the Fed's intent to keep raising interest rates.
December 1, 2022
Senate Majority Leader Chuck Schumer, D-N.Y., and House Speaker Nancy Pelosi, D-Calif., at the White House, Nov. 29, 2022.
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House Votes to Impose Deal on Railroad Unions
The bill would head off a looming nationwide rail strike.
December 1, 2022
Federal Reserve Chair Jerome Powell speaks at the Hutchins Center on Fiscal and Monetary Policy at the Brookings Institute, Washington, Nov. 30, 2022.
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Fed to Keep Rates Higher for Longer
But the central bank's chairman signaled that its next rate hike could be smaller.
December 1, 2022
Freight train cars and containers at Norfolk Southern Railroad's Conway Yard in Conway, Pa., April 2, 2021.
Supply Chain
Railroad Unions Decry Plan to Block Strike
Officials say the legislation undercuts efforts to address quality of life concerns.
November 30, 2022
Top Headlines
U.S. Secretary of Commerce Gina Raimondo speaks during the High-Level Economic Dialogue Second Annual Meeting in Mexico City, Monday, Sept. 12, 2022. Speaking to reporters on Wednesday, Nov. 30, 2022, Raimondo said the United States isn’t seeking to sever economic ties with China — even as it takes steps to protect America’s technological and military prowess from Beijing.
Raimondo: U.S. Isn't Seeking to Sever Economic Ties with China
November 30, 2022
President Joe Biden speaks during the Partnership for Global Infrastructure and Investment meeting at the G20 summit, Nusa Dua, Bali, Indonesia, Nov. 15, 2022.
Biden Calls on Congress to Head Off Rail Strike
November 29, 2022
Dx
Four Companies Collaborate to Support DX in Manufacturing
November 28, 2022
Federal Reserve Chairman Jerome Powell at a news conference in Washington, Nov. 2, 2022.
Fed Officials Appear to Favor Slower Rate Hikes
November 28, 2022
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November 22, 2022
Monitors show the Nikkei 225 index and the yen's exchange rate against the U.S. dollar, Tokyo, Oct. 24, 2022.
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High Rates, Inflation Expected to Slow Global Growth
The OECD forecast expects a drop in growth this year — and an even worse 2023.
November 23, 2022
Dobot
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Dobot Launches Nova Collaborative Robots for Retail Automation
They can handle tasks such as making coffee, cocktails, ice cream, noodles, fried chicken, and even physical therapy.
November 22, 2022
People arrive for work at an Amazon distribution center in Staten Island, New York, Oct. 25, 2021.
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Amazon Ordered to Stop Retaliating Against Organizers
But the mixed ruling also handed a loss to federal labor officials.
November 22, 2022
A Norfolk Southern freight train approaches a crossing in Homestead, Pa., April 27, 2022.
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Norfolk Southern to Buy Regional Railroad for $1.6B
A company subsidiary already operates the busy Cincinnati Southern Railroad.
November 22, 2022
An Amtrak passenger train departs Chicago in the early evening headed south on Sept. 14, 2022, in Chicago. American consumers and nearly every industry will be affected if freight trains grind to a halt in December. Roughly half of all commuter rail systems rely at least in part on tracks that are owned by freight railroads, and nearly all of Amtrak’s long-distance trains run over the freight network.
Supply Chain
A Rail Strike Looms and Impact on U.S. Economy Could be Broad
Many businesses only have a few days’ worth of raw materials and space for finished goods.
November 22, 2022
James Bullard, president of the St. Louis Federal Reserve Bank, during an interview in Richmond, Va., Nov. 19, 2019.
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Fed Official Suggests Substantial Rate Hikes May Be Needed
The comments raised the possibility of borrowing by consumers and businesses becoming even costlier.
November 21, 2022
Freight train cars and containers at Norfolk Southern Railroad's Conway Yard in Conway, Pa., April 2, 2021.
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Big Rail Unions Split on Contract
Engineers accepted their deal with railroads, but conductors rejected theirs.
November 21, 2022
Smoke Stacks Carbon Ap
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High Energy Prices Lead to Coal Revival in Czech Republic
Smoke is belching from coal-fired plants that are ramping up instead of winding down.
November 18, 2022
Amazon logo in Douai, France, April 16, 2020.
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Amazon CEO Says Layoffs Will Extend into Next Year
Andy Jassy said the company hasn’t concluded how many jobs will be impacted.
November 18, 2022
An Amazon Prime truck in Pacifica, Calif., Dec. 15, 2020.
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Amazon Begins Mass Layoffs
The company was already axing some projects in an effort to cut back on costs.
November 17, 2022
A display shows most indices up on the floor at the New York Stock Exchange in New York, Tuesday, Oct. 4, 2022. Corporate profits have withstood raging inflation over much of the last year, but those good times may be ending. Profits stayed fat even as companies’ costs rose thanks to one simple trick: Businesses boosted the prices they charged customers by more than their own costs rose.
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Inflation Finally Hitting Profit Margins
More companies are seeing their costs rise faster than their revenues.
November 17, 2022
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Amazon Set to Slash 10,000 Jobs
The cuts would be the largest in the company’s history.
November 16, 2022
A Best Buy employee helps customers with television selection, Nov. 26, 2021, Indianapolis.
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U.S. Retail Sales Up in Sign of Resilience
Job growth, rising wages and higher savings enabled surprisingly steady consumer spending.
November 16, 2022
Plated fasteners are an integral manufactured product component, and OEMs require a dependable and affordable supply at all times.
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Sourcing Plated Fasteners from Distributors
Four tips to save OEMs time and money.
November 16, 2022