Proposition 22, which kept California’s independent contractor law AB5 from applying to app-based drivers like those from Uber and DoorDash, has been kept alive by a state appellate court ruling. In a decision that lays the groundwork for an appeal because the three-judge panel did not fully agree on the issues, the Court of Appeal…
NS reaches sick leave agreements with 2 more unions Norfolk Southern has reached sick leave agreements with two more unions, with approximately 650 employees being affected. The agreements are with the International Association of Sheet Metal, Air, Rail, Transportation Workers – Mechanical Department and the International Brotherhood of Electrical Workers, according to NS’ (NYSE: NSC)…
Retail diesel prices have continued their downward march, with the benchmark used for most fuel surcharges dropping for the sixth week in a row. The Department of Energy/Energy Information Administration price declined 3.5 cents a gallon, to $4.247. It was the sixth consecutive week the price had declined, falling 21.2 cents a gallon during that…
Zim, the world’s 10th-largest ocean carrier, announced a big earnings beat for the fourth quarter and paid out a higher-than-expected dividend. However, it faces a tough year ahead, with a chance of at least some quarters in the red. The company’s shares (NYSE: ZIM) surged Monday on news of the earnings beat, jumping as much…
Navistar Inc. is reliving for a third time a recall of medium- and heavy-duty trucks experiencing engine revving that can overwhelm the parking brake and lead to unintended movement. The Lisle, Illinois-based manufacturer and Traton Group subsidiary is recalling nearly 30,000 International HV and MV trucks from the 2022-24 model years, and IC Bus TC…