Supply Chains Have Changed Forever
Nearshoring. Automation. Supplier diversification. Sustainability. Here’s how companies are reshaping their supply chains. Source link
Transportation
WSJ News Exclusive | Lyft to Cut at Least 1,200 Jobs in New Round of Layoffs to Reduce Costs
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After SpaceX’s Starship Rocket Explosion—Debris, Data and Analysis
ShareListen(1 min) Source link
Drop in Transportation Stocks Foreshadows Weakening Economy
The Dow Jones Transportation Average has badly underperformed the Dow Jones Industrial Average since early February. Source link
Southwest Airlines Delays Thousands of Flights Amid Technology Issue
The airline resumed departures after a data-connection problem earlier Tuesday led to a pause. Source link
How a Railroad Outsider Aims to Improve Service
New CEO Joe Hinrichs says railroads’ use of the vaunted precision-scheduling model hasn’t put enough focus on employees and customers....
Elon Musk’s Towering SpaceX Rocket Set for Test Flight
BusinessSpaceX said it could try to launch Starship to space for the first time as soon as Monday Source link
Elon Musk Creates New Artificial Intelligence Company X.AI
The name of the new Nevada-incorporated organization suggests a link to the billionaire’s interest in an everything app. Source link
FedEx Restructures to Combine Ground and Express Delivery Networks
The company’s push for efficiency is unwinding the operating strategy led by founder Fred Smith. Source link
Richard Branson’s Space Company Virgin Orbit Files for Bankruptcy
MarketsFinanceThe company says it is working toward finding a buyer for a once star player in the billionaire’s portfolio Source...
Lyft Hires New CEO as Founders Step Back Amid Struggles With Competition
David Risher, board member since 2021, will succeed co-founder Logan Green, as Lyft faces tough competition from Uber and a...
What’s Behind Train Derailments and Are They Happening More Often?
Recent train derailments, including one in a small Ohio town, have prompted officials to examine what is causing the accidents...
Trucking Giant Knight-Swift Transportation to Buy U.S. Xpress
Logistics ReportThe acquisition at four times Monday’s closing stock price for the rival carrier will boost Knight-Swift’s fleet to about...
FedEx Raises Earnings Outlook Despite Shipping Slowdown
BusinessEarningsShares rise as delivery company said cost cuts and higher shipping rates boosted Ground, Freight divisions Source link
Canadian Pacific’s Merger With Kansas City Southern Is Approved
BusinessSurface Transportation Board paves way for $28 billion deal, the biggest rail merger in two decades Source link
Southwest Airlines Outlines Plan to Handle Severe Weather Problems
Moves include buying more deicing trucks, enhancing tools for communicating with flight crews and upgrading phone systems for customers. Source...
United Airlines Shares Fall as Carrier Warns of First-Quarter Loss
The airline sees expenses tied to a potential union contract with pilots shifting into the current quarter. Source link
WSJ News Exclusive | Saudi Sovereign-Wealth Fund Close to Deal for Boeing Jets
WSJ News ExclusiveBusinessA large order for planes is expected to coincide with launch of Saudi airline Source link
NTSB to Probe Norfolk Southern Safety Culture After Derailments, Accidents
BusinessRailroad CEO slated to testify before Senate panel Thursday about Ohio derailment Source link
Justice Department Sues to Block JetBlue From Buying Spirit Airlines
BusinessComplaint alleges the deal would eliminate Spirit as a low-cost competitor to major carriers Source link
