Hyzon Motors has hurdles to full health ahead, but the heavy-duty fuel cell startup has filed its overdue financial reports with the Nasdaq and begun settlement talks with the Securities and Exchange Commission over allegations about fictitious sales in China. It’s quite a recovery since the company told the SEC 10 months ago that it…
Negotiations on the West Coast port labor contract dragged on for months longer than expected, with tempers flaring along the way. Work disruptions began affecting ship schedules and container dwell times over the past two weeks. It now appears that more that significant fallout to the supply chain has been averted: A deal has been…
MIAMI — Extreme discounting by freight forwarders with too much committed capacity in a weak market, plus an influx of passenger aircraft with lower-deck storage, explains the continued downward decline in air cargo rates as demand stabilizes 16 months into a freight recession, according to industry experts. And while airline and logistics professionals remain upbeat…
WASHINGTON — Federal regulators are planning this summer to act on a petition filed 14 years ago requiring new trucking operators to take a standardized proficiency test before being granted operating authority, according to the Biden administration’s latest regulatory agenda. The petition, filed by Advocates for Highway and Auto Safety (Advocates) in January 2009, was…
UPS will equip 90% of its fleet with air conditioning systems, fans, heat shields, and forced-air induction systems to better protect drivers from extremely high temperatures, under a tentative agreement […]