Three years after receiving a pandemic relief loan, the trucking company Yellow has repaid little of the money and is warning that it could soon run out of cash.
Category: Freight (Cargo)
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Why Amazon’s Delivery Network Is Vulnerable to Labor Strife
For years, the e-commerce giant could shield its vast archipelago of warehouses against disruptions from workers. Then it got even bigger.
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Norfolk Southern’s Push for Profits Compromised Safety, Workers Say
The New York Times – Business:Federal officials are investigating the railroad’s safety practices and culture after the derailment in East Palestine, Ohio, and worker deaths.
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A Big Rover Aims to Be Like ‘U.P.S. for the Moon’
The New York Times – Business:A small company, Astrolab, announced a deal with SpaceX to send a robotic version of its transport vehicle to the lunar surface and help deploy other company’s payloads.
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U.S. Approves a Merger Between Two Big North American Railroads
The New York Times – Business:Canadian Pacific’s acquisition of Kansas City Southern will create a railroad that links Canada, the United States and Mexico.
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Rail Heat Sensors, Under Scrutiny in Ohio Crash, Face Few Regulations
The New York Times – Business:Safety experts said the East Palestine derailment might not have happened had Norfolk Southern placed sensors closer together. The federal government doesn’t require or regulate their use.
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Norfolk Southern Train Derails in Ohio, With 20 Cars Leaving Tracks
The New York Times – Business:Officials said no hazardous materials were being transported. The crash in Springfield on Saturday happened just over a month after the East Palestine derailment.
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Rail Safety Upgrade in Greece Is Hobbled by Delays and Neglect
The New York Times – Business:The technology would have automatically stopped trains before they collided. Years of delays and neglect have left Greece with a hobbled system.
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After Ohio Train Derailment, Senators Propose Rail Safety Bill
The New York Times – Business:Weeks after a train carrying hazardous materials derailed outside East Palestine, Ohio, a bipartisan group of lawmakers has proposed that the Transportation Department impose stricter rules.
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Norfolk Southern’s Profits and Accident Rates Rose Before Ohio Derailment
The New York Times – Business:Safety experts say a focus on financial returns may be partly to blame for derailments and accidents like the one in Ohio.