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How Nike Sneakers Get Stolen at Every Turn
Business

How Nike Sneakers Get Stolen at Every Turn

The company’s warehouses, trucks and stores are regularly targeted by organized crime groups looking to steal and resell Air Jordans. Source link

The Teamsters Boss Calls Himself S.O.B., and He Wants Everyone to Know It
Business

The Teamsters Boss Calls Himself S.O.B., and He Wants Everyone to Know It

Listen to article (2 minutes) At a rally in Atlanta last month, Teamsters President Sean O’Brien addressed hundreds of union members with the combative attitude

Yellow in Talks to Sell Its Logistics Business
Business

Yellow in Talks to Sell Its Logistics Business

The troubled trucking company is seeking to raise cash and stave off a potential bankruptcy filing. Source link

Volkswagen Lowers Delivery Targets as Supply-Chain Issues Persist
Business

Volkswagen Lowers Delivery Targets as Supply-Chain Issues Persist

The German car giant said logistics bottlenecks are shifting from semiconductor shortages to transportation delays. Source link

Union Pacific Picks New CEO
Business

Union Pacific Picks New CEO

The railroad company named veteran rail executive Jim Vena chief executive, after a major shareholder called for the current CEO’s removal. Source link

Fire on Car-Carrier Ship Off Dutch Coast Kills One
Business

Fire on Car-Carrier Ship Off Dutch Coast Kills One

The coast guard is investigating whether the blaze started in one of the electric vehicles onboard. Source link

UPS, Teamsters Reach Agreement on New Contract
Business

UPS, Teamsters Reach Agreement on New Contract

The five-year labor deal would prevent strike by roughly 330,000 package delivery drivers and package sorters. Source link

Iranian Oil Is Stuck off Coast of Texas, but U.S. Firms Won't Touch It
Business

Iranian Oil Is Stuck off Coast of Texas, but U.S. Firms Won't Touch It

Companies that manage unloading tankers say they are too worried about Iranian reprisal to handle the captured oil on the Suez Rajan. Source link