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Trade

Briefing

Business groups urge USTR to scrap China-linked ship fees

Hundreds of trade groups support a proposed extension of the suspension through Jan 9, while some lawmakers want the fees reinstated to support US shipbuilding.

Technology

Briefing

Amazon will spend $100M on another robot factory in Indiana

The 585,000-square-foot plant will add 300 jobs paying close to $100,000 a year.

Procurement

Briefing

PepsiCo to raise prices on Doritos and Ruffles

The increases will be in the low-to-mid single digits, after earlier price cuts failed to lift sales.

Technology

Briefing

Aurora plans 30,000 driverless trucks by 2030, up from 200 this year

Aurora targets more than $5 billion in annual revenue by 2030.

Freight

Briefing

Tesla opens its high-volume Semi factory in Nevada

The Sparks plant is built to make up to 50,000 electric trucks a year.

Briefing

Risk

Trump rejects Iran's offer to reopen the Strait of Hormuz

Iran’s plan would have reopened the Strait within seven days.

Briefing

Logistics

Six carriers sue CHR, TQL over ‘chameleon carriers’

The carriers brought the case under RICO, the federal racketeering law.

Technology

Briefing

Kodiak autonomous trucks haul produce in California

A safety driver stays behind the wheel on the 225-mile Fresno to Los Angeles run.

Trade

Briefing

Costco puts part of its $184M in tariff refunds into lower prices

The refunds added $0.15 a share to fourth-quarter earnings after the price cuts.

Fulfillment

Briefing

Starbucks to close 250 North American stores

The closures carry about $300 million in charges, $200 million of it cash.

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