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Auto industry pulls back after unprecedented EV, self-driving spending

by Mark McDuffie
Auto industry pulls back after unprecedented EV, self-driving spending

Electric vehicle start-up Lucid on Sept. 28, 2021 said production of its first cars for customers has started at its factory in in Casa Grande, Arizona. Lucid DETROIT — The …

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Trump vow on new trade war sends shockwaves through supply chain

by Merchant Moller
Trump vow on new trade war sends shockwaves through supply chain

In an aerial view, shipping containers at the Port of Oakland on July 21, 2022 in Oakland, California. Justin Sullivan | Getty Images Retailers and manufacturing companies have been increasingly …

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For first time in 61 years, freight rails split on union strategy

by Merchant Moller
For first time in 61 years, freight rails split on union strategy

For the first time in 61 years, there is a split between the class 1 freight railroads in how they are pursuing the next round of national talks with labor …

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Port of LA cargo rail congestion hits two-year high ahead of holidays

by Merchant Moller
Port of LA cargo rail congestion hits two-year high ahead of holidays

A freight engine and shipping containers are viewed in a Union Pacific Intermodal Terminal rail yard on November 21, 2022 in Los Angeles, California. Mario Tama | Getty Images News …

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Activist firm Mantle Ridge has $1 billion-plus stake in Air Products

by Merchant Moller
Activist firm Mantle Ridge has  billion-plus stake in Air Products

Seifi Ghasemi, president and chief executive officer of Air Products, speaks during a press event to announce the construction of a green energy import terminal at the Oiltanking Deutschland GmbH …

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How CrowdStrike IT outage is hitting global supply chain

by Merchant Moller
How CrowdStrike IT outage is hitting global supply chain

The CrowdStrike software bug that crashed Microsoft operating systems and caused the largest IT outage in history caused disruptions at U.S. and global ports, with highly complex air freight systems …

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Cramer says the market can’t broaden out due to uncertainty away from tech

by Merchant Moller
Cramer says the market can’t broaden out due to uncertainty away from tech

CNBC’s Jim Cramer on Thursday said it’s no secret that the market rally has been driven by a handful of tech stocks, and it’s not likely to change anytime soon. …

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Glass Lewis endorses 6 Ancora nominees

by Merchant Moller
Glass Lewis endorses 6 Ancora nominees

A Norfolk Southern train is en route on Feb. 14, 2023 in East Palestine, Ohio. Earlier in the month a derailment sent millions of pounds of toxic chemicals into the …

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Dali container removal to take weeks, key to Baltimore port reopening

by Merchant Moller
Dali container removal to take weeks, key to Baltimore port reopening

A Key Bridge Response 2024 Unified Command image of response crews remove shipping containers using a floating crane barge after the cargo ship Dali struck and collapsed the Francis Scott …

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NSC COO John Orr has history of abusive behavior, activist Ancora says

by Sipho Sepamla
NSC COO John Orr has history of abusive behavior, activist Ancora says

A general view of the exterior of the headquarters of Norfolk Southern on April 1, 2023 in Atlanta, Georgia.  Icon Sportswire | Getty Images Norfolk Southern is almost two months …

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