Ground Freight

On Thursday, a federal appeals court revived an U.S. Equal Employment Opportunity Commission filed a lawsuit against BNSF Railway accusing them of allowing a severe, pervasive and hostile work environment towards women in a western Nebraska railroad yard. The 8th U.S. The 8th U.S. Circuit Court of Appeals, Omaha, said a judge dismissed wrongly claims that BNSF sexually harassed Rena Merker, a train conductor, and other female employees at the Alliance Railyard from 2011 until 2022. The allegations include sexual advances, derogatory remarks about women's body, sexually explicit graffiti on locomotives and at the railyard, the soiling of bathrooms for...

A White House spokesman confirmed that Robert Primus was fired as a Surface Transportation Board member. He did not agree with the agenda of U.S. president Donald Trump, the spokesman added. White House spokesperson Kush Desai stated that Robert Primus was fired from his post because he did not agree with President Donald Trump's America First agenda. The Administration plans to nominate in a short time new members who are more qualified to the Surface Transportation Board. Trump is purging bureaucrats from agencies that are not in line with his agenda. The railway regulators are evaluating the proposed $85 billion...

Aurora Innovation and McLeod Software announced on Thursday that they will integrate their self-driving trucks platform into McLeod Software’s Transportation Management System in order to increase adoption. McLeod TMS and Aurora's API will integrate to allow customers to manage their autonomous shipments. Aurora's president, Ossa Fischer, said that by meeting customers where they already are with their TMS, it is easy to take advantage of the safety and efficiency advantages of autonomous trucks. As other autonomous trucking startup companies like Plus and Waabi try to capture the market, they are also developing their own technologies. McLeod is currently beta testing...

After canceling $4 billion of federal grants in July for California's ambitious, but long-delayed, high-speed railway project, the U.S. Transportation Department announced on Tuesday that it will cancel $175 million of funding for four projects. The Trump administration announced Tuesday that it would withdraw funding from grade separations, overcrossings, design work, and the construction of a high-speed train station in Madera. California sued in July to contest the withdrawal of funds, calling it illegal. The USDOT has threatened to revoke $33 million of safety funding to California after it claimed that the state was not following federal regulations requiring truckers...

Two major rail operators pulled out of the merger race that has gripped industry in the last month. This has reshaped the competitive landscape, and raised the stakes on the proposed $85 billion union between Union Pacific and Norfolk Southern. Canadian Pacific Kansas City, along with Warren Buffett's BNSF Railway BNSF Railway, publicly rejected any consolidation of the rail industry in the near future on Tuesday. This move reduces the likelihood that a $85 billion merger proposed last month by top U.S. railroad operator Union Pacific with Norfolk will lead to further corporate marriages. The merger will create the first...

The U.S. Transportation Department announced Tuesday that it would withhold federal funds from California, Washington State, and New Mexico until they adopted English proficiency requirements for truck drivers. The Trump administration has taken several steps to address concerns regarding foreign truckers who don't speak English. Last week, Secretary of State Marco Rubio announced that the United States would immediately suspend the issuance all worker visas for truck drivers. Trump signed in April an executive order that directed enforcement of a rule that requires commercial drivers to meet English proficiency requirements in the U.S. Transportation Secretary Sean Duffy stated that the...

Australian data centre operator AirTrunk on Tuesday said it secured an A$16 billion ($10.40 billion) sustainability-linked refinancing for its Asia-Pacific operations. AirTrunk, in a website statement, said that this refinancing includes a S$2,25 billion green loan to build a data center in Singapore. This makes AirTrunk APAC's largest sustainable financier. AirTrunk, a hyperscale data center firm, announced that it had secured the support of 60 banks and financial institutions. This brings its total financing including operations in Japan to more than A$18 billion. The company, which was acquired by a Blackstone-led group for A$24 billion late last year, introduced a...

Warren Buffett, the billionaire investor, shut down speculation on Monday that his company Berkshire Hathaway was looking to acquire another train company. After Buffett said to CNBC that he wasn't interested in a merger - and shattered investor hopes that Berkshire Rail unit BNSF might acquire CSX - shares of CSX dropped about 5%. Later, a representative from Berkshire confirmed Buffett’s remarks. Investors have been speculating for weeks that CSX Corp. and BNSF may merge. Last month, Union Pacific and Norfolk Southern announced a $85 billion surprise merger proposal. The goal was to create the U.S.'s first coast-tocoast freight rail...

CSX, owned by Berkshire Hathaway, and BNSF, which is also owned by Berkshire Hathaway announced on Friday new coast-tocoast services that will boost freight connectivity across the United States. Shares of CSX dropped about 6% following the announcement but have risen about 5% this year. The new routes will connect Southern California to Charlotte, North Carolina and Jacksonville, Florida. This move follows reports last month that a possible deal could be struck between the two railroad companies to counter a rival merger of Union Pacific and Norfolk Southern. Union Pacific has launched an intermodal domestic service connecting Southern California's Inland...

The Canadian government intervened four times last year to stop strikes in seven companies, using a obscure Labour Code provision. The same decree was issued on Sunday, but Air Canada flight attendants refused and went on strike for 3 days. Unions and labor experts said that their defiance was a watershed. They claimed it would strengthen unions during negotiations, discourage employers from seeking government assistance in sectors regulated by the federal government, and complicate efforts made by the federal government to end work stops through this provision. "We will look back at this dispute, and this strike as a turning-point,"...

These are the most popular stories from the Wall Street Journal. These stories have not been verified and we cannot vouch their accuracy. Ancora, an activist investor, is pressing CSX to merge with a competitor or replace Joe Hinrichs as CEO. The investor has threatened a proxy battle if CSX does not act in the face of industry consolidation. Elon Musk, CEO of Tesla, has backed away from his plans to create the America Party. He will instead focus on his business and continue to maintain close ties with Vice-President JD Vance while considering future political involvement. The American Academy...

Ancora Holdings urged CSX to either pursue merger options in the near future or to replace CEO Joe Hinrichs. The activist investor urged that the railroad evaluate possible tie-ups between Berkshire Hathaway's BNSF Railway, and Canadian Pacific Kansas City to determine which merger partner would be best. CSX warned that once Norfolk Southern, Union Pacific and other transcontinental networks start operating together as a unified network, CSX will be the biggest loser. The activist investor stated that "if a deal is not struck, it's unlikely we will need to run a proxy competition in order to replace Mr. Hinrichs with...

Two sources familiar with the matter said that JD.Com's property investment arm and two other firms are planning to launch a Singapore based real estate trust (REIT), with assets valued at potentially more than $1 billion. Sources said that JD Property (the unlisted infrastructure investment platform and asset management platform for JD.Com) is creating the REIT in partnership with Partners Group, a Swiss investment firm, and EZA Hill Property which is backed up by Asian investment firm Hillhouse. Sources who refused to name themselves because the matter was private said that the REIT plan could be listed at the Singapore...

These are the most popular stories from the New York Times' business pages. These stories have not been verified and we cannot vouch for the accuracy of these reports. Vinay Prashad, chief medical and scientific officer of the U.S. Food and Drug Administration, has resigned from the U.S. Department of Health and Human Services (which oversees the FDA). After a rare 8.8-magnitude earthquake hit Russia's east coast, the National Weather Service upgraded its tsunami warning to cover a 100-mile stretch of Northern California coastline between Cape Mendocino bordering Oregon. Union Pacific announced that it would purchase smaller rival Norfolk Southern...

After years of discussions and complaints by licensed taxi drivers in Hong Kong, the Hong Kong government has presented proposals to regulate ride-hailing services, such as Uber. Uber, the first ride-hailing service in Hong Kong to operate without regulation, was launched in 2014. Uber drivers were arrested for driving without a licence after police raided the office of Uber in 2015. Ride-hailing services have an unfair advantage over taxis, according to the city's taxi sector, which is struggling with a decline in income. The Transport and Logistics Bureau stated in a document submitted to the Legislature that all platforms offering...

According to the CEO of the London Metal Exchange, there is a strong demand for metal delivery before the new warehouses open in Hong Kong next month. This is partly due the tightness of the copper market. The LME approved the construction of three new warehouses in Hong Kong last month, bringing the total up to seven. This is part of its efforts to increase its presence in this city, which is the gateway for the world's largest metals consumer - China. Hong Kong's high costs have led to questions regarding the viability and cost of new storage facilities in...

Leasys, an auto leasing company, aims to double its fleet's share of electric and hybrid vehicles by the end of next year. The rapid advancements in electric technology present challenges to the industry. Leasys, a 50-50 joint venture between Stellantis in Italy and France's Credit Agricole is the third-largest player in Europe's long term auto rental industry. The long-term lease, which allows the customer to rent a car at a fixed rate per month, usually for a minimum of 365 days, is an alternative to owning. In recent years, corporate clients have driven its popularity. Leasys is present in 11...

Reports citing four traders indicate that copper inventories at the Shanghai Futures Exchange will continue to fall this week. This would be a continuation of the steep drop, and could trigger a price spike. Traders said that the surge in prices for ShFE copper, an important metal used by China's massive manufacturing sector, would attract more metal into the exchange warehouses. This will make a complete depletion of the stock unlikely. Yangshan copper premium is already tightening up. It is a measure of China's appetite to import copper. On Monday, it was at $93 per ton, its highest level since...

The following are the leading stories on the business pages of British newspapers. Reuters has not verified these stories and does not guarantee their precision. The Times - The takeover of Harland & & Wolff by the Spanish state-owned shipbuilder Navantia has been finished in an offer anticipated to secure more than 1,000 British tasks. - More than $700 billion was wiped from the worth of the world's biggest technology business after the emergence of a. cut-price Chinese rival to ChatGPT raised doubts over whether. America can sustain its lead in expert system. The Guardian - Elon Musk's Tesla has...

The London Metal Exchange (LME) has authorized Hong Kong as an LME delivery point and the listing will become active three months after the first warehouse company has been approved, it stated on Monday. The metals approved for shipment in Hong Kong SAR are aluminium alloy, copper, lead, nickel, primary aluminium, tin, and zinc, the LME stated. Companies looking for approval to operate a warehouse in Hong Kong needs to reveal that they have access to the needed experience needed to run a storage facility in accordance with the LME procedures, it stated. Authorizing storage facilities in China, the world's...

Hong Konglisted JD Logistics will get the 36.43% stake it does not currently own in KuayueExpress Group for not more than 6.48 billion yuan ($ 892 million), the business stated on Friday. Under a contract, Suqian Jingdong Bohai Enterprise Management, a system of JD Logistics, will acquire the staying stake in Kuayue-Express. JD Logistics got a controlling stake in Kuayue-Express, a logistics providers in China, in 2020 to further improve its freight business and reinforce its services. The acquisition of Kuayue-Express will allow JD to focus on even more synergies between the companies and accelerate its development and competitiveness, JD...

Shooters took 6 captives this month while exchanging fire with troops in India's. northeastern state of Manipur after a rocketpropelled grenade. decreased lorries and homes to charred hulks in the sloping. district of Jiribam. Ethnic clashes over land and quotas in education and. federal government jobs have killed a minimum of 258 people and displaced. more than 60,000 given that in 2015 in the greatest law-and-order. failure for Prime Minister Narendra Modi's celebration, which guidelines. the state. Retaliatory fire by troops killed at least 10 gunmen in the. Nov. 11 attack, which authorities blamed on the Hmar group among. the...

Warehouse designer IndoSpace stated on Tuesday it will increase investment in the southern state of Tamil Nadu by 41% over the next three years, to meet increasing need for industrial parks as more companies set up bases in India. Storage facility developers are facing a mad demand rush as companies bank on the country's economic boom and attempt to diversify supply chains beyond China. India's warehousing market is expected to more than double to $37 billion by 2032, speaking with company IMARC Group estimates. Since 2023, the marketplace was valued at $16.4 billion. IndoSpace, which has actually currently invested $380...

China's BingEx said on Friday it had raised $66 million in its U.S. going public valuing the courier delivery company at $1.17 billion, signaling a recovery in financiers' risk hunger and easing regulatory obstacles. The company, which brands its services as FlashEx, sold 4 million American depositary shares (ADS) in the offering priced at $16.50 each. It had actually intended to offer shares at a variety in between $ 15 and $17. The IPO bodes well for the broader market which had been depressed for nearly 2 years due to higher-for-longer interest rates and chaos in the stock markets. The...