Ground Transportation

FedEx Freight, the company that specializes in freight trucking, announced on Monday that it had appointed John Smith as its CEO. Smith has worked for the company more than 25 year as the chief operating office of its U.S.A. and Canada businesses. Between 2018 and 2021, he was the CEO of FedEx Freight and was responsible for the growth in revenue and operating income. He also guided the company through the pandemic. In December 2024, the company announced its first separation of its trucking freight segment. It restructured in order to provide a more customized execution on the global parcel...

New Jersey Transit will resume its trains on Tuesday, after reaching a tentative agreement on Sunday with the striking rail engineers over wage increases. This ends a three-day strike that left tens and thousands of commuters in New York scrambling for alternative transportation. Just after midnight, on Thursday, NJ Transit began its first statewide rail-strike in over 40 years. It is the third largest transit system in America, providing more than 700,000.00 passenger trips per day, on average, across its light rail, train and bus lines. In the beginning, the Brotherhood of Locomotive Engineers and Trainmen (BLET), which represents 450...

New Jersey Transit will resume its trains on Monday, after reaching a wage agreement with the striking rail engineers, said the engineers' union on Sunday. The deal ended a work stoppage which had affected approximately 350,000 passengers. The strike was the first NJ Transit strike in over 40 years. It began just after midnight Thursday. Tens of thousands commuters were left scrambling for alternate transportation to New York. The Brotherhood of Locomotive Engineers and Trainmen (BLET), which represents 450 NJ Transit commuter train engineers, announced that it had reached a pay agreement with the agency over the weekend and that...

New Jersey rail engineers left their jobs on Friday, after marathon contract negotiations stalled before a midnight deadline. This triggered a strike in a transit system which serves hundreds of thousands commuters to New York City. The commuter train strike, the first since a three week walkout in more than forty years, went into effect on January 1, 12:01 am EDT (0401 GMT). The Brotherhood of Locomotive Engineers and Trainmen (BLET), which represents 450 NJ Transit commuter train engineers, reported that a 15-hour nonstop bargaining session ended when negotiators from the management walked out of Thursday's talks at 10 pm....

New Jersey commuter rail engineers left their jobs early on Friday morning after marathon contract negotiations stalled before a midnight deadline set by their union for meeting wage demands. This ignited the first strike in the U.S. since more than 40 year. The strike began at 12:01 am EDT (0401 GMT), on Friday. It is expected to cause hundreds of thousands daily of passengers in New Jersey, and New York, to be unable of travel. NJ Transit announced that its rail system would begin a "safe shutdown" at 12 a.m. No new departures will be made after this time, but...

These are the most popular stories from the Wall Street Journal. These stories have not been verified and we cannot vouch for the accuracy of these stories. New Jersey commuter rail engineers have gone on strike after a long-running wage dispute. Walmart has announced that it will raise its prices in this month, and at the beginning of this summer when tariffed merchandise reaches their shelves. Some prices have already increased. Bayer has a plan in place to settle some of the mass lawsuits it filed over Roundup, weedkiller. If this fails, Bayer may file for bankruptcy on behalf of...

The union representing New Jersey commuter rail engineers announced late Thursday that they would leave their jobs early on Friday morning after contract negotiations with the U.S. third largest public transit system, stalled at the 11th hour. Just before midnight on the deadline for meeting the wage demands of the workers, the talks had stalled. In a press release, the Brotherhood of Locomotive Engineers and Trainmen announced that the first strike by the New Jersey Transit Agency in over 40 years would begin at 12:01 am EDT (0401 GMT). The union that represents NJ Transit engineers, who drive commuter trains...

New Jersey Transit train engineer plan to leave the job on Thursday at midnight if their wage demands have not been met. This will affect hundreds of thousands commuters from New Jersey and New York. This would be the country's first strike in over 40 years for the third largest transit system. The Brotherhood of Locomotive Engineers and Trainmen has been negotiating with them a new contract. The union represents 450 commuter train engineers at NJ Transit. In anticipation of the strike, the agency has already cancelled trains and buses from MetLife Stadium to Shakira concerts at MetLife Stadium on...

Executives involved in the project said that the joint venture, which is developing the first marine fuel station for liquefied gas on the U.S. Gulf Coast, has received the final permits. Construction will begin later this summer. LNG is seen as an alternative fuel that can reduce carbon emissions in the global shipping industry. The U.S. administration of President Donald Trump is looking to increase LNG exports in order to reduce Europe's dependence on Russian gas following the invasion of Ukraine by Moscow three years ago. The project wants to capitalize on a new market for U.S. Liquefied Natural Gas...

Authorities said that a Mexican Navy sailing vessel crashed into the Brooklyn Bridge Saturday night. The top of the masts were ripped off and 19 people were injured. Online videos showed the masts colliding with the ship as it sailed beneath the bridge connecting New York City's boroughs Brooklyn and Manhattan. At a New York City press conference, Mayor Eric Adams stated that 19 people had been injured. Four of those were seriously. Authorities said that all of the injuries occurred on the ship. Many people wearing what looked like white sailor's uniforms were seen hanging from the ship’s crossbeams...

Authorities said that a Mexican Navy sailing vessel crashed into the Brooklyn Bridge Saturday night. The top of the masts were ripped off and multiple injuries were caused. Online videos showed the masts of the ship colliding with the bridge connecting New York City's boroughs Brooklyn and Manhattan. Many people dressed in what looked like white sailor's uniforms were seen hanging from the ship’s crossbeams. Bystanders were seen running from the approaching ship at the base of the bridge near New York City’s South Street Seaport. In 1883, the suspension bridge was built. It is a tourist attraction and an...

Strathcona Resources, a Canadian oil and gas company, announced on Wednesday that it had sold its Montney assets to Hardisty Rail Terminal for approximately $2.84 billion as part of a "core area consolidation strategy". Hardisty, formerly owned by USD Partners is Western Canada's biggest crude-by rail terminal. According to USD Partners' website, it is one of North America’s largest crude oil hubs and an origination point of export pipelines into the United States. Strathcona purchased Hardisty in the first quarter this year for approximately $45 million, according to its announcement. Strathcona, along with Hamlin Terminal would own and operate rail...

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...

According to an agreement reviewed by, China and Vietnam agreed to begin feasibility studies on two new lines during Chinese President Xi Jinping’s visit to Hanoi last week. Both neighbours have been talking about upgrading two railways built by France more than 100 years ago and developing a third direct connection along their adjacent coast. In response to growing concern over U.S. Tariffs, Xi urged Vietnam Monday to strengthen its supply chains. Components made in China are often assembled before they are exported in the north of Vietnam. To Lam, Vietnam's top leader, said that the construction of three railways...

On Wednesday, U.S. president Donald Trump signed an Executive Order aimed at revitalizing U.S. Shipbuilding and reducing China’s grip on global shipping. For years, Republican and Democratic U.S. legislators have warned of China's increasing dominance in the seas as well as the diminishing U.S. navy readiness. The order instructs the U.S. trade representative to proceed with a plan, which includes charging U.S. docking fees for any ship in a fleet of vessels that are Chinese-built or Chinese flagged. Allies will also be encouraged to follow suit. The Department of Homeland Security is also required to enforce the collection of Harbor...

Six sources claim that the Trump administration may soften its proposed fee for China-linked vessels visiting U.S. port after receiving a lot of negative feedback. The industries said it could be financially devastating. Six sources familiar with the issue said that the six changes being considered include a delayed implementation as well as new fee structures aimed at reducing the cost of visiting Chinese vessels. Sources asked to remain anonymous due to the sensitive nature of the subject. The White House, and the Office of the U.S. Trade Representative(USTR), the government agency involved in the draft of the proposal, have...

Scientists said that a strip of Pacific Ocean seabed, which was mined more than 40 year ago for metals, has not recovered. This adds weight to the calls for a ban on all deep-sea mining during this week's U.N. led talks. Scientists from the National Oceanography Centre in Britain led a 2023 expedition by a team to the mineral rich Clarion Clipperton Zone. They found that the effects of a 1979 mining test experiment are still felt on the seafloor. This complex ecosystem hosts hundreds of species. According to a study published in Nature Journal, the collection of "polymetallic" nodules...

Eneos Japan, the largest oil refiner in Japan, announced on Tuesday it would gradually stop production of lubricants, and certain petroleum products, at its Yokohama facility near Tokyo, by March 2028. However, they will look into moving lubricants to other facilities. In a press release, the company stated that the decision was made after a thorough review of the refining landscape and the marketing landscape. This included a structural decline in the domestic demand for petroleum and the intensifying competition in Asia. Eneos Holdings' Eneos unit said: "We have determined that it is urgent to restructure our production and supply...

China Civil Engineering Construction Corporation will invest $1.4billion via a 30 year concession to upgrade Tanzania-Zambia Railway, said the line's operator on Thursday. The competition for Africa's vital minerals is heating up. TAZARA is the initials of the railway that is used to identify it as a major route for exporting copper from central Africa. It offers a way around South Africa's logistical bottlenecks which have caused a slowdown in copper and cobalt. In a press release, Bruno Ching'andu said that the decision to grant the concession was based on an evaluation of TAZARA’s challenges throughout the years. This required...

According to a review of an arbitration file, a unit of China’s state-owned Power Construction Corp of China has sued Laos Utility Electricite du Laos in Singapore for $555 million of unpaid dues relating to. The claim is based on the electricity generated by PowerChina's Nam Ou Power unit, which operates the $2.73 billion Nam Ou River Cascade hydropower project. It has a capacity to generate 1.27 gigawatts of power from seven cascades that are located along 350 km of river in Southeast Asia. The Nam Ou Project is one of Laos’ largest projects, representing 7% of its 18 GW...

Anglo American South Africa's iron ore business is looking for private investors to operate a rail route that is vital to shipments of steelmaking ingredient to international markets. Transnet, the struggling state-owned company, owns and operates a 861 km (535 miles) rail line that runs from Kumba Iron Ore’s Sishen Mine in South Africa’s Northern Cape Province to Saldanha Port. Mpumi Zikalala, CEO of Kumba, stated that the line is plagued by derailments, and Transnet’s "constraints" on its balance sheet mean it cannot run the line effectively. Kumba, Africa’s largest iron ore producer, has reduced production after stocks rose to...

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...