Range Rover recalled in U.S. 2 due to suspension failure
var adpushup = window.adpushup = window.adpushup || {que:()}; adpushup.que.push(function() { if (adpushup.config.platform !== "DESKTOP") { adpushup.triggerAd("4d84e4c9 -9937-4f84-82c0-c94544ee6f2a"); } else{ adpushup.triggerAd(" 6a782b01-facb-45f3-a88f-ddf1b1f97657"); } }); Cracks can form in the front suspension steering knuckle, potentially leading to catastrophic failure. Jaguar Land Rover first became aware of the issue in late 2019/early 2020 and traced the fault to the supplier. At the end of 2022, it decided to recall vehicles in the UK and Canada, but the US recall had just been announced. A problem with the front suspension joints of 2014-2016 Range Rover models has forced Jaguar Land Rover to recall 16,759 vehicles in the United States. It has been revealed that affected Range Rovers may develop cracks in the upper knuckles of the front suspension, causing the entire arm to separate. This impairs vehicle controllability and increases the risk of a crash. Read: Range Rover SV Ranthambore Edition is a tiger-inspired special edition for India var adpushup = window.adpushup = window.adpushup…
Biden administration pledges $580 million to strengthen U.S. power
The U.S. Department of Transportation's Maritime Administration (MARAD) announced an investment of nearly $580 million to enhance port infrastructure across the United States. Funded by the bipartisan Infrastructure Act, the initiative will support 31 improvement projects across 15 states and one U.S. territory aimed at increasing the efficiency and capabilities of the nation’s maritime transportation system. Transportation Secretary Pete Buttigieg emphasized the importance of this investment, saying, "America's ports are critical to our supply chain. These projects from Long Beach to Monroe will expand capacity, increase efficiency, and provide Help reduce household costs.” The funding is allocated through MARAD’s Port Infrastructure Development Program (PIDP), a $2.25 billion program launched under the bipartisan Infrastructure Act. PIDP provides comprehensive support for planning, capital investment and project management to modernize urban and rural ports. Maritime Administrator Ann Phillips highlighted the impact of these upgrades, noting that U.S. waterways handle 2.3 billion short tons of cargo annually. She described the benefits of port improvements…
Porsche to sell ICE Macan in U.S.
Porsche plans to continue offering the ICE Macan in North America based on demand. The current Macan platform is more than ten years old and has gone through two facelifts. By 2030, more than 80% of Porsche vehicles will be electrified, depending on global demand. "The times are a-changin'," sang Bob Dylan. But sometimes, the more things change, the more they stay the same. Like many automakers, Porsche is recalibrating its strategy in response to changing political and consumer winds. Once it solidified its commitment to an electric future, the sports car maker is changing its course — at least temporarily. At the heart of the shakeup is the Macan, one of Porsche's best-selling models, which may take a different path than originally planned. var adpushup = window.adpushup = window.adpushup || {que:()}; adpushup.que.push(function() { if (adpushup.config.platform !== "DESKTOP") { adpushup.triggerAd("4d84e4c9 -9937-4f84-82c0-c94544ee6f2a"); } else{ adpushup.triggerAd(" 6a782b01-facb-45f3-a88f-ddf1b1f97657"); } }); We understand that Porsche is currently exploring how to integrate more internal combustion…
U.S. ports receive $580 million in infrastructure grants
To mark the third anniversary of the passage of the bipartisan infrastructure law, the U.S. Department of Transportation’s Maritime Administration (MARAD) announced nearly $580 million in Port Infrastructure Development Program (PIDP) grants. The grants will fund 31 projects in 15 states and one territory, promoting critical infrastructure upgrades at ports across the country. Cary Davis, president and CEO of the American Association of Port Authorities (AAPA), expressed gratitude for the support from congressional leaders on both sides of the aisle and the U.S. Department of Transportation. “The hard work begins now. AAPA Ports is committed to working with our federal government partners to quickly deploy funds, break ground and complete upgrades to strengthen our nation’s supply chains,” said Davis. Maritime Administrator Ann Phillips highlighted the broader impact of these upgrades, stating: “Modernizing America’s ports is critical to enhancing the intermodal networks that support our supply chains. 2.3 billion short tons of cargo are transported through U.S. waterways each year, This…
China-driven surge in U.S. imports puts pressure on major ports
According to the latest global shipping report from Descartes Systems Group, U.S. container imports surged in October 2024, reaching 2,494,635 TEU (20-foot equivalent units). This marked the fourth consecutive month that throughput exceeded 2.4 million TEU - a threshold that has historically put pressure on U.S. port logistics. The data for October increased by 8.1% year-on-year, a sharp increase of 20.5% from 2019 before the epidemic. Year to date, imports are up 13.1% from 2023 and 16.9% from 2019. These increased volumes highlight the strong performance of U.S. imports in 2024, especially compared with the modest 3.4% growth in 2019 observed in early 2023. However, the surge in imports has created logistical challenges. Transit delays increased at seven of the top 10 U.S. ports in October as facilities on the Eastern and Gulf Coast faced a three-day strike by the International Longshoremen's Association (ILA). "Import volumes have been high for four months and port operations are showing pressure as transit…
U.S. 2025 VW Tiguan expected to debut in Los Angeles
Redesigned Tiguan promises huge improvements with sporty styling and modern technology Volkswagen of America will launch the redesigned Tiguan on November 20, followed by its debut at the Los Angeles Auto Show. The company released a teaser image that shows the taillights are almost identical to those on the Talon. The two models have a lot in common, but VW has previously said the Tiguan will have unique styling and powertrains. The Los Angeles Auto Show kicks off next week, and Volkswagen has announced plans to launch the 2025 Tiguan on November 20 at 5 PM PT (8 PM ET) to get ahead of the holiday season. In addition to revealing the time and date, the automaker also released a teaser image of the crossover's taillights. If this light looks familiar, it should, as it's almost identical to the one on the European Talon. Both have similar graphics, although the Tiguan's taillights have an extra splash of red on either…
Kia previews 2026 Sportage in the U.S., confirms 5 new car debuts
Surprising debut models may include the EV9 GT, K4 Hatchback, production version of the EV4, and possibly a new concept car November 14, 2024 18:22 Kia will use the Los Angeles Auto Show to launch five new vehicles. The company isn't revealing much yet, but has dropped an apparent teaser image of the US-spec Sportage. We can also expect to see a facelifted EV6 along with a surprise or two. Kia plans to debut at the Los Angeles Auto Show with five different models. The company is hesitant on specifics, but says we can expect models with combustion engines, hybrid and plug-in hybrid powertrains, and electric power. In addition to giving us a rough outline, Kia also released teaser images of the US-spec Sportage. While there isn't much to see, the crossover follows in the footsteps of the international version launched earlier this month. More: 2026 Kia Sportage gets sharper looks, swaps DCT for 8-speed automatic As a quick refresher,…
World ECR | U.S. Treasury revises Myanmar sanctions rules
Home > information > U.S. Treasury Department Revises Myanmar Sanctions Regulations and Expands Guidance The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) issued a final rule amending the Myanmar Sanctions Regulations to expand guidance and incorporate recent directives. OFAC announced in a Nov. 13 notice that the revised regulations replace the abbreviated version issued in June 2021 and provide additional interpretive guidance, definitions and general permissions. It noted that “the sanctions in Executive Order 14014 do not generally prohibit trade or the provision of banking or other financial services to the State of Myanmar.” Rather, they “apply to the extent that the relevant transactions or services involve being blocked or otherwise prohibited under these sanctions.” Property or property interests otherwise expressly prohibited.” Major updates include: ● Incorporated into “Directive No. 1” issued on October 31, 2023, prohibiting the provision of financial services to Myanmar Oil and Gas Enterprise (“MOGE”) ● New general license for humanitarian activities…
Economic News: U.S. inflation rises slightly in October
CHICAGO - The U.S. Bureau of Labor Statistics' Consumer Price Index (CPI) report showed that year-over-year inflation rose to 2.6% in October, compared with 2.4% in September. Previously, the Federal Reserve sharply cut interest rates by 0.5 percentage points in September and cut interest rates again by 0.25 percentage points in early November. For 41% of Americans who say the number one economic issue in the recent presidential election is inflation, this CPI report confirms that the Fed's task of reducing inflation to 2% is not yet complete. Here's a breakdown of the different indexes, along with their gains and losses in October (seasonally adjusted last month's change). related. Macroeconomic factors that may affect trade shows Energy Index: 0.0% Energy commodities: -1.0% Gasoline (all types): -0.9% Fuel: -4.6% Energy services: 1.0% Electricity: 1.2% Utility (pipeline) gas services: 0.3% Food index: 0.2% Food at home: 0.1% Eating out: 0.2% All items minus food and energy: 0.3% Goods: 0.0% New cars: 0.0%…
China’s CATL may build battery factory in U.S. if Trump allows it
The battery giant's chairman says he is open to investing in U.S. factories, and Trump has previously said he would welcome Chinese-backed projects go through Chris Chilton 16 hours ago Chinese battery maker CATL said it would consider building a factory in the United States if Donald Trump clears the way. Chairman Robin Tseng said the U.S. government had previously blocked investment, but he was willing to restart the plan. President-elect Trump wants to block Chinese car imports but says he will allow those automakers to build vehicles in the United States. Electric vehicles equipped with batteries from China's Contemporary Amperex Technology Co., Ltd. are currently not eligible for tax credits due to restrictions under the Inflation Reduction Act, but that could change with help from Donald Trump. CATL said it would consider building a battery factory in the United States if Trump approves the project. CATL Chairman Robin Zeng said previous contacts with U.S. lawmakers had been rebuffed, but…
Volkswagen starts ID. U.S. delivery boom kept secret from dealers
Comedian and Volkswagen collector Gabriel “Fluffy” Iglesias received the first ID. caused a sensation in the United States Volkswagen has delivered the first US-spec ID. Shout out to Gabriel “Fluffy” Iglesias. The comedian is a famous Volkswagen collector and owns a variety of classic vans. While deliveries have just begun, most dealers appear to be avoiding markups. Buses are back as Volkswagen starts offering IDs. caused a sensation in the United States. The car has been years in the making, with the first model being handed over to comedian Gabriel "Fluffy" Ige by Pablo Di Si, President and CEO of Volkswagen Group of America Gabriel “Fluffy” Iglesias. The handover took place in California after a visit to Iglesias' garage, which was filled with Volkswagens and memorabilia. Iglesias has shown off his collection several times, which he calls his "fluffy Volkswagen Museum" because of the dizzying array of classic vans inside. Volkswagen ID.Buzz review: The coolest minivan on the block, but…
U.S. 2025 Volkswagen Golf GTI misses out on 262-horsepower European engine
The 2025 GTI makes 242 hp instead of last year's 241 hp, but the R gains 13 hp; both are available only with a DSG transmission go through Chris Chilton November 12, 2024 13:41 Volkswagen has announced power and interior details for the 2025 Golf GTI and R Series. Both cars come only with DSG; the GTI adds 1 hp to 242 hp, and the R adds 13 hp to 328 hp. A new 12.9-inch touchscreen is standard, and a black version joins the 25-year-old R series. Volkswagen has revealed details of its popular 2025 Golf range in the United States, and there's good news and bad news, depending on whether you're looking at the GTI or the R. The bad news for Golf GTI fans is that the world's most famous GTI is coming to the United States, and the power upgrades that European buyers enjoyed in 2025 will be cancelled. There, the GTI's power is boosted from 242…
U.S. survey of 1.4 million Honda and Acura models with V6 engines
The government is studying the 3.5-liter V6 engine that powers the Acura MDX and TLX as well as the Honda Pilot, Ridgeline and Odyssey The National Highway Traffic Safety Administration has launched an investigation into engine failures in Acura and Honda vehicles. Prior to this, the government received 173 reports of connecting rod bearing failures in vehicles with 3.5-liter V6 engines. A previous recall addressed an engine manufacturing defect, so the investigation will examine whether some vehicles are affected by the defect. The National Highway Traffic Safety Administration has launched an investigation into the 3.5-liter V6 engine that powers various Acura and Honda vehicles. Prior to this, the government received 173 reports of connecting rod bearing failures. The report covers the 2016-2020 Acura MDX and 2018-2020 TLX. At Honda, there are reports covering the 2016-2020 Pilot, 2017-2019 Ridgeline, and 2018-2019 Odyssey. More: Nearly 250,000 Hondas, Acuras recalled over seizure engine fears The incidents resulted in at least one crash or…
Strike fears drive import surge at U.S. ports
U.S. container imports are expected to increase through the end of the year as retailers prepare for possible East Coast and Gulf Coast port strikes and higher tariffs under President-elect Donald Trump. Uncertainty over labor negotiations and proposed tariffs is prompting retailers to speed up shipments and reroute cargo to West Coast ports to avoid disruptions, according to the National Retail Federation's latest Global Port Tracker report. In October, the International Longshoremen's Association (ILA) held a brief strike, eventually reaching a tentative agreement to extend the contract until January 15 and consider increasing wages. Jonathan Gold, NRF's vice president of supply chain and customs policy, warned that if negotiations reach an impasse, a prolonged strike could occur, triggering contingency measures by shippers. Ben Hackett, founder of Hackett Associates, added that the recent surge in imports was driven primarily by these preemptive actions rather than organic demand. Against this backdrop, President-elect Trump has proposed imposing tariffs of up to 20% on…
General Motors sells more than 300,000 electric vehicles in U.S.
General Motors is one of the major proponents of electric vehicles, and the automaker has sold more than 300,000 electric vehicles in the United States since 2016. In the third quarter, they ranked second in the electric vehicle sales race, driven by strong demand for the Cadillac Lyriq, as well as the Chevrolet Blazer EV and Equinox EV. General Motors is about to launch a variety of electric vehicles, including the new Chevrolet Bolt and various Cadillac vehicles. The electric revolution is moving slower than many automakers expected, but it's still gaining momentum. This is evident when General Motors announced that they have sold more than 300,000 electric vehicles in the United States since launching the Chevrolet Bolt in late 2016. var adpushup = window.adpushup = window.adpushup || {que:()}; adpushup.que.push(function() { if (adpushup.config.platform !== "DESKTOP") { adpushup.triggerAd("4d84e4c9 -9937-4f84-82c0-c94544ee6f2a"); } else{ adpushup.triggerAd(" 6a782b01-facb-45f3-a88f-ddf1b1f97657"); } }); While that specific model no longer exists, GM's electric vehicle lineup has exploded in the past…
Stellantis finally takes control of U.S. inventory
U.S. auto market inventories surged 4.7% in September, with inventory levels hitting a record high. Ram, Jeep and Dodge have managed to reduce inventories even as inventory levels continue to climb across the industry. Electric vehicle inventories fell 2.6% in September, reversing a recent trend of rising inventory levels. While inventory levels increased across the industry last month, Stellantis has made some progress in reducing its bloated inventories across the United States. The auto giant has spent much of 2024 dealing with surging inventory across the country. At one stage, the Jeep and Ram brands had more than double the industry average in stock, while other Stellantis brands - including Alfa Romeo, Chrysler and Dodge - were also well above average. var adpushup = window.adpushup = window.adpushup || {que:()}; adpushup.que.push(function() { if (adpushup.config.platform !== "DESKTOP") { adpushup.triggerAd("4d84e4c9 -9937-4f84-82c0-c94544ee6f2a"); } else{ adpushup.triggerAd(" 6a782b01-facb-45f3-a88f-ddf1b1f97657"); } }); Read: New car inventory surges, Stellantis drowned in unsold cars However, the latest data released S&P…
The U.S. State Department’s new armored Chevrolet Suburban Shield is
The Chevrolet Suburban Shield is the latest armored SUV built by General Motors Defense for the safety of U.S. diplomats. Designed from the ground up, this SUV offers integrated armor and upgraded suspension for increased durability. All examples come standard with a powerful 6.2-liter V8 engine or an optional 3.0-liter diesel engine. The Diplomatic Security Service (DSS) will soon travel in specially equipped Chevrolet Suburbans with help from General Motors Defense. These enhanced full-size SUVs are built for DSS's Heavy Armored Sports Utility Vehicle program and will be used by the U.S. Department of State's law enforcement and security divisions. var adpushup = window.adpushup = window.adpushup || {que:()}; adpushup.que.push(function() { if (adpushup.config.platform !== "DESKTOP") { adpushup.triggerAd("4d84e4c9 -9937-4f84-82c0-c94544ee6f2a"); } else{ adpushup.triggerAd(" 6a782b01-facb-45f3-a88f-ddf1b1f97657"); } }); In other words, these aren't your typical suburbs lingering in shopping mall parking lots—they're purpose-built for the world's most volatile hotspots. This particular Chevrolet is called the Suburban Shield, and from the outside, it looks like any…
2025 U.S. Subsea Pipeline and Maritime Expo Guide (Time, Location + How to Buy Tickets?)
American Submarine Pipeline Tieback and Maritime Exhibition Exhibition scale: Exhibition area 16,000 square meters, number of visitors 9,500, 228 exhibitors Exhibition duration: 2025.03.04-03.06 Accommodation address: Accommodation location: San Antonio International Convention and Exhibition Center, United States Sponsor: Shell International E&P, Inc. Ticket booking guide: 1. Visit the official website of the American Submarine Pipeline Tieback and Maritime Exhibition or the exhibition page of Juzhan.com. 2. Click the “Ticket Booking” or “Apply Now” button to enter the booking page. 3. Fill in personal information according to the prompts, including name, contact number, ID number, etc. 4. Submit the appointment request after confirming that the information is correct. 5. After receiving the successful booking notification, keep the confirmation information in the text message, WeChat or email. Extension ticket 2025.03.04-03.06 1800.00 yuan Presentation of the exhibition: The Subsea Tieback Forum & Exhibition is one of the largest and most renowned maritime exhibitions in the United States. As our industry evolves, sharing collective knowledge…
Mazda sets U.S. sales record in 2024, though no
Arrival of multiple new hybrid models helps Mazda break sales record go through Brad Anderson October 30, 2024 18:28 As of the first nine months of 2024, Mazda has sold 313,452 vehicles, a 15% increase from last year. Although the company had previously expected sales to reach 500,000 vehicles in 2025, it has now lowered its expectations. Mazda remains on track to surpass the 400,000-unit sales milestone in the U.S. this year, a first for the brand, and is optimistic that this upward trend will continue into 2025. Still, the company lowered its forecast, acknowledging that sales may not grow. Climbing to the heights it was once expected to be. Last year, Mazda's U.S. sales surged 23% to 363,354 vehicles. As of September this year, the company has delivered 313,452 vehicles, a 15% increase from the first nine months of 2023. Sales growth was boosted by the launch of the related CX-70 and CX-90 SUVs. Mazda has also increased production…
EPA allocates $3 billion to clean, decarbonize U.S. ports
The U.S. Environmental Protection Agency (EPA) has awarded $3 billion in grants to 55 projects in 27 states and territories as part of its Clean Ports Initiative, marking a major push to decarbonize U.S. ports. Transforming ports with zero-emission technology The funds will support the purchase of more than 1,500 pieces of cargo handling equipment, 1,000 haul trucks, 10 locomotives and 20 vessels. In addition, the port will benefit from the development of shore power systems, battery-powered and hydrogen charging infrastructure, and solar power generation. Cary S. Davis, President and CEO of the American Association of Port Authorities (AAPA), celebrated the grants and said, “These awards will bring significant benefits to our ports and our nation’s transportation system. We thank Congress and the Biden-Harris Administration for their commitment to a cleaner, more resilient future." A cleaner future for ports and communities EPA Administrator Michael S. Regan emphasized the importance of this investment, saying, "Our nation's ports play a vital role…
U.S. hotel results for the week ended October 12
The U.S. hotel industry reported positive year-over-year comparisons, helped by the Columbus Day holiday, according to CoStar's latest data as of Oct. 12. CoStar is the leading provider of online real estate markets, information and analysis for the real estate market. October 6-12, 2024 (percent change compared to the same period in 2023): Occupancy rate: 70.3% (+2.4%) Average Daily Rate (ADR): $166.88 (+1.4%) RevPAR: $117.28 (+3.8%) Among the top 25 markets, New Orleans had the largest performance improvement in each of three key performance indicators: occupancy (+20.1% to 75.6%), ADR (+13.1% to $194.70) and RevPAR (+13.1% to $194.70) +35.9% to $147.18) ). Market performance is driven by the Water Environment Federation's technical exhibitions and conferences. Atlanta had the second-highest increases in occupancy (+15.6% to 77.5%) and RevPAR (+20.6% to $102.59) due to Hurricane Milton's displacement needs. The largest declines in RevPAR were in Oahu (-10.3% to $218.20) and Tampa (-9.8% to $88.67), the latter due to the impact of Hurricane…
U.S. hotel industry sees positive results over weekend
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U.S. Transportation Department imposes landmark $50 million fine on American Airlines
Today, the U.S. Department of Transportation (DOT) announced a $50 million fine against American Airlines for multiple and serious violations of laws protecting aviation passengers with disabilities between 2019 and 2023. A U.S. Department of Transportation investigation into American Airlines found instances of unsafe physical assistance that sometimes resulted in injuries and degrading treatment for wheelchair users, as well as repeated failures to provide timely wheelchair assistance. American also mishandled thousands of wheelchairs, damaging them or delaying their return, leaving passengers without the equipment they needed to move. “The era of tolerating airlines’ poor treatment of passengers with disabilities is over,” U.S. Transportation Secretary Pete Buttigieg said in a media announcement. “With this penalty, we are establishing a new law for airlines that violate the civil rights of passengers with disabilities.” "By setting a level of penalties that exceeds airline operating costs, we aim to change the way the industry behaves and prevent this type of abuse from happening in…
Nome deepwater port frustrates U.S. Arctic strategy
U.S. efforts to expand Arctic capabilities are facing a blow after the U.S. Army Corps of Engineers canceled a bid for the Nome deepwater port project due to soaring costs. The project was originally scheduled to begin construction in 2025, but the future is currently unclear. A notice from the Army Corps confirmed that the tender had been canceled because it exceeded available funds and statutory procurement limits. The project has been hailed as an important step toward strengthening the U.S. presence in the Arctic, countering the increasing activities of Russia and China, and enabling military operations closer to the region. The proposed $662 million port expansion has been discussed for more than a decade and secured federal and state funding earlier this year. Under a cooperative agreement between the city of Nome and the Army Corps, the federal agency will cover 90 percent of the cost, with Nome providing the remaining 10 percent. The urgency behind the project heightened…
U.S. regulators investigating Tesla fully self-driving crash
The National Highway Traffic Safety Administration (NHTSA) has launched a "preliminary evaluation" of Tesla's Full Self-Driving (FSD) after receiving reports of four crashes, one of which resulted in a fatality. The survey involved a total of 2,410,002 vehicles in the Model 3, Model Y, Model S, Model X and Cybertruck series. NHTSA's Office of Defects Investigation (ODI) has uncovered four reports in which a Tesla using FSD-Beta or FSD-Supervised crashed after entering an area of reduced road visibility, whether due to sunlight, airborne dust or fog glare caused. In one of the accidents, the Tesla struck and killed a pedestrian. Hundreds of new car deals available via car expert Now. Get the experts on your side and get big rewards. Browse now. This is not the only case where an FSD was allegedly operating at the time of an accident, in April 2024 a motorcyclist was killed by a Tesla. It was reported that an FSD was being used at…
Electric vehicle discounts drive U.S. sales boom to record third quarter, but can it do it?
The average incentive rate for new electric vehicles in the U.S. last quarter was 12% of the average transaction price go through Brad Anderson October 19, 2024 16:00 In the third quarter, electric vehicle sales increased by 11% year-on-year, with 346,309 units sold, accounting for 8.9% of the total US market. Kelley Blue Book data shows that EV incentives averaged 12% in the third quarter, driving sales growth across the segment. Tesla maintained the top spot with more than 86,000 Model Y sales, followed by General Motors, which saw electric vehicle sales increase nearly 60% in the third quarter. U.S. electric vehicle sales rebounded strongly in the third quarter, soaring 11% year-on-year, accounting for 8.9% of the total new car market, a record high. This strong rebound suggests that while overall EV growth momentum has faltered for much of 2024, interest in the sector is far from waning. While global and even U.S. electric vehicle sales have been slowing for…
U.S. hotel results for the week ended October 12
The U.S. hotel industry reported positive year-over-year comparisons, helped by the Columbus Day holiday, according to CoStar's latest data as of Oct. 12. CoStar is the leading provider of online real estate markets, information and analysis for the real estate market. October 6-12, 2024 (percent change compared to the same period in 2023): Occupancy rate: 70.3% (+2.4%) Average Daily Rate (ADR): $166.88 (+1.4%) RevPAR: $117.28 (+3.8%) Among the top 25 markets, New Orleans had the largest performance improvement in each of three key performance indicators: occupancy (+20.1% to 75.6%), ADR (+13.1% to $194.70) and RevPAR (+20.1% to $194.70) +35.9% to $147.18) ). Market performance is driven by the Water Environment Federation's technical exhibitions and conferences. Atlanta had the second-highest increases in occupancy (+15.6% to 77.5%) and RevPAR (+20.6% to $102.59) due to Hurricane Milton's displacement needs. The largest declines in RevPAR were in Oahu (-10.3% to $218.20) and Tampa (-9.8% to $88.67), the latter due to the impact of Hurricane…
U.S. ports generate $2.9 trillion in economic impact
The American Association of Port Authorities (AAPA) has released its 2024 Port and Maritime Industry Economic Contribution Report, emphasizing the important role that U.S. ports play in the national economy. The study highlights that the maritime sector supports nearly $2.9 trillion in GDP and 21.8 million U.S. jobs, solidifying ports as important pillars of the economy. “With one in every eight U.S. jobs and a GDP of nearly $2.9 trillion, we can’t imagine a world without U.S. ports,” said Cary S. Davis, AAPA president and CEO. Davis) said. "Despite significant challenges such as the pandemic, macroeconomic shifts and protectionist trends, the port industry remains critical to U.S. supply chains and economic growth. Policymakers must continue to invest in our ports to ensure long-term prosperity." Key findings of the report 1. 21.8 million jobs are supported by the maritime industry, including consumer spending, suppliers and port users, equivalent to one in every eight jobs in the U.S. workforce. 2. In 90%…
U.S. government investigates Tesla’s fully autonomous driving after 4 o’clock
NHTSA is aware of four accidents involving Tesla vehicles using FSD in poor visibility conditions The National Highway Traffic Safety Administration (NHTSA) has launched an investigation into the performance of Tesla's Full Self-Driving technology in conditions of reduced visibility. The government is aware of at least four separate crashes, one of which resulted in the death of a pedestrian. Investigators will study the system's ability to "detect and respond appropriately to conditions of reduced road visibility." Since Sunday, Tesla has been under investigation in six ways, and at this point, Tesla may also be an alien abductee. Today is no exception, as the National Highway Traffic Safety Administration (NHTSA) launches another investigation, this time involving crashes involving Tesla's Full Self-Driving (FSD) system "under conditions of reduced road visibility." . According to government reports, officials have flagged four separate incidents in which a Tesla crashed after entering an area of low visibility on the road during FSD intervention. Specific conditions vary,…
World ECR | Oil industry targeted by expanded U.S. sanctions
Home > information > US expands sanctions on Iran to target oil industry After Tehran attacked Israel on October 1, the United States announced expanded sanctions targeting Iran's oil and petrochemical industries. "This action intensifies financial pressure on Iran and limits the regime's ability to earn critical energy revenue, thereby destabilizing the region and attacking U.S. partners and allies," it explained. The U.S. Treasury Department said in a statement on October 11: “The Secretary of the Treasury, in consultation with the Secretary of State, is determining the petroleum and petrochemical sectors of the Iranian economy that are permitted under Section 1(a)(i) of Executive Order (EO) 13902. Treasury targeted broader activities related to trade in Iranian oil and petrochemicals. 'EO 13902 authorizes the identification and imposition of sanctions against key sectors of Iran's economy to prevent the Iranian government from providing financial resources that could be used to fund and support its nuclear program, missile development, terrorism and terrorist proxy networks,…
Honda recalls nearly 720,000 defective vehicles in U.S.
Honda has voluntarily recalled about 720,000 vehicles in the United States, including Accords and Civics (produced from 2023 to 2025) due to a faulty high-pressure fuel pump. According to the manufacturer, the fuel pump may develop internal cracks due to a faulty high-pressure fuel pump core. These cracks can propagate while the vehicle is in operation, increasing the risk of fire, collision, or injury, as well as the potential for fuel leaks and odors while driving or idling. It's worth noting that as of the recall announcement, the company has not received any verified crash or injury complaints related to this issue. Honda said it will contact all registered owners of affected cars by email in December and ask them to bring their vehicles to an authorized dealer for a free inspection. If damage is found, dealers will replace the high-pressure fuel pump free of charge. Also read: Honda Elevate, Amaze and City receive 7-year unlimited kilometers extended warranty package…
U.S. inflation nears Fed’s 2% target
CHICAGO - The Consumer Price Index (CPI) for September 2024 showed inflation at 2.4% for the month, slowing to close to the Federal Reserve's 2% target. This is the lowest level since February 2021, according to the U.S. Bureau of Labor Statistics. Although the CPI report showed inflation cooling, the slowdown was less than expected. After seasonal adjustment, urban residents' CPI increased by 0.2%, of which the food index increased by 0.4% and the housing index increased by 0.2%. These two indices accounted for more than 75% of the monthly increase in all items. This was higher than the 0.01% forecast. "Unfortunately, the preferred trend indicator has risen to 1.98% in September after increasing 1.87% in August, so it's moving in the wrong direction compared to the monthly and year-over-year indicators," said Dr. Peter Rupert, University of California, Santa Clara. Professor of Economics at the University of Barbara. "However, it should be noted that our measure is slightly below the…
Hurricane Milton impacts southeastern U.S. ports reopening
After Hurricane Milton devastated Florida, Georgia and South Carolina, the U.S. Coast Guard reopened several major ports in the region. Also Read: As strike concerns ease, freight forwarders turn attention to hurricane aftermath Milton initially made landfall on Florida's Gulf Coast as a Category 3 hurricane, causing widespread damage, before moving across the state and regaining strength over the Atlantic Ocean. As recovery efforts ramp up, federal, state and local agencies continue to assess the storm's impact. Due to advance planning and coordination by NOAA, the U.S. Army Corps of Engineers, the Florida Department of Emergency Management and other agencies, multiple ports resumed operations on October 10. Reopened ports include: 1. Florida: Key West, Port Everglades, PortMiami and Miami River2. Georgia: Brunswick and Savannah3. South Carolina: Charleston and Georgetown Additionally, the Coast Guard Sector St. Petersburg Port Captain announced the reopening of the Port of Tampa and Manatee Seaport, albeit with operating restrictions in place. Federal pilotage activities - such…
GM thinks U.S. can replace China as EV battery king
The automaker will begin producing lithium iron phosphate batteries in North America. General Motors Co.'s Kurt Kelty believes the United States can do what Asia has done over the past 20 years. The head of General Motors' battery unit believes the United States can lead the world in electric vehicle batteries thanks to a strong local customer base and government policies that encourage local development and manufacturing of batteries. var adpushup = window.adpushup = window.adpushup || {que:()}; adpushup.que.push(function() { if (adpushup.config.platform !== "DESKTOP"){ adpushup.triggerAd("4d84e4c9 -9937-4f84-82c0-c94544ee6f2a"); } else{ adpushup.triggerAd(" 6a782b01-facb-45f3-a88f-ddf1b1f97657"); } }); China has firmly established itself as a leader in electric vehicle batteries, in part because of generous government subsidies that have supported the industry's growth over the past 15 years. Chinese manufacturers also lead the way in lithium iron phosphate batteries and control much of the core materials needed to make them. In fact, it is home to most of the world's materials refining capacity, including cobalt, nickel sulfate,…
Hundreds of Volkswagen Atlas models in the U.S. need brake repairs
This isn’t the first time the Volkswagen Atlas has been recalled due to braking issues go through Brad Anderson 16 hours ago Volkswagen's recent recalls are blamed on supplier errors. Owners of affected models may notice a soft, spongy brake pedal. Owners will receive recall notices on or before November 24. Volkswagen discovered that a piston spring retainer used by another OEM in its brake master cylinder was inadvertently installed on 2024 Atlas and Atlas Cross Sport models, leading to a recall of 1,467 vehicles in the United States. It was revealed that the wrong secondary piston spring retainer may have been installed in the brake master cylinder due to a manufacturing error by the supplier. The part is shorter than the correct part and may prevent the piston from returning to the correct rest position. This can clog the brake fluid ports, and drivers may notice a soft, spongy brake pedal, brake odor, or reduced braking performance, increasing the…
Volkswagen Tayron SUV debuts in Europe, previews U.S. market
The Talon is larger than the European Tiguan, resulting in a roomier cabin with room for three rows of seats Volkswagen has taken the wraps off the global version of the Talon, giving us a preview of the upcoming US-spec Tiguan. The new model is positioned in the European mid-size SUV segment and replaces the discontinued Tiguan Allspace. Compared to the EU-spec Tiguan, it has a longer and redesigned body, offers a larger boot and a seven-seat layout. At 4,770 mm (187.8 inches) long, the new Tayron is 231 mm (9.1 inches) longer than the EU-spec Tiguan and 108 mm (4.3 inches) shorter than the Touareg. The wheelbase has been extended by 110 mm (4.3 in) to 2,791 mm (109.9 in), while the rear overhang is significantly longer. Review: Europe's new Volkswagen Tiguan thinks it's Wolfsburg's BMW X1 The SUV features unique sheet metal and incorporates familiar styling cues from the Volkswagen design handbook. The R Line trim features sporty…
Brief strikes at U.S. ports won’t derail import surge
U.S. container imports are expected to remain strong despite brief three-day strikes at Eastern and Gulf Coast ports, supporting the upcoming holiday shopping season. The strike was initiated by the International Longshoremen's Association on October 1 after its main contract with the American Maritime Union expired, but it ended quickly and temporarily extended the contract until mid-January. READ ALSO: Protracted port strike narrowly avoided for now Retailers and consumers alike are relieved by the swift resolution. Jonathan Gold, vice president of supply chain and customs policy at the National Retail Federation (NRF), stressed that while it will take several weeks for ports to recover, holiday shipments are not expected to be significantly affected. In fact, U.S. ports have been handling strong cargo volumes. August increased 19.3% year-on-year to 2.34 million twenty-foot equivalent units (TEU), the highest level since May 2022. September's figure is expected to rise 12.9%, and October's growth is expected to be 3.1%. % Increase. Overall trends indicate…
Strikes begin at U.S. Eastern and Gulf Coast ports
At 12:01 noon on October 1, local time, approximately 45,000 dock workers launched a strike at ports along the eastern United States and the Gulf Coast. The workers are represented by the International Longshoremen's Association (ILA), while the 36 major ports affected by the strike are represented by the United States Maritime Union (USMX). Ports from Maine to Texas are affected by coordinated strike action, including New York-New Jersey, Savannah, Charleston, Houston and Mobile, among others. While negotiations for a new collective bargaining agreement began earlier this year, talks between ILA and USMX soured this summer over differing views on the future use of automation in port operations and wage increases for workers. Also read: US East Coast dockworkers strike – key insights from container traders and leasing companies The ILA is asking for new contractual agreements to explicitly protect the future of dockworkers’ jobs by continuing to limit the use of automation. The issue has been contentious throughout negotiations,…
General Motors lays off hundreds of part-time temporary workers at two U.S. plants
Unions don't want part-time employees stranded without promotion to more secure positions go through Brad Anderson September 30, 2024 09:10 Union officials are asking GM to convert part-time temporary workers into full-time positions to prevent layoffs. About 95 of Fort Wayne's 250 part-time temporary workers have been on the job for 18 months. UAW leaders claim GM is delaying promotions for part-time temporary workers to avoid hiring them. Hundreds of part-time temporary workers at two General Motors plants in the United States will lose their jobs in the coming days if the United Auto Workers union refuses to retain them as part-time temporary workers and attempts to make them full-time temporary or permanent employees. The vast majority are based at the Fort Wayne, Indiana, assembly plant where the Chevrolet Silverado and GMC Sierra are built. The plant has about 4,000 employees working three shifts, about 250 of whom are part-time and temporary workers. The remaining unemployed temporary workers are at…
Strikes at U.S. East Coast ports to disrupt major supply chain
The knock-on effects of industrial action at U.S. eastern and Gulf Coast ports will cause significant supply chain disruptions in 2025, with analysts warning that government intervention may be needed to avoid significant economic fallout. Also read: CH Robinson: How shippers can prepare for potential ILA strikes amid growing disruption in North American shipping landscape A total of 36 ports are preparing for a complete shutdown if a new deal cannot be reached by the September 30 deadline with the International Longshoremen's Association (ILA), which represents 85,000 port workers. "Currently, there are ships at sea carrying billions of dollars of cargo heading to ports along the U.S. Eastern and Gulf Coasts," said Peter Sand, principal analyst at Xeneta. "These ships can't turn around or really reroute to the U.S. West Coast. . Some may be moved to ports in Canada or even on the east coast of Mexico, but the vast majority will just wait outside the affected ports until…
Aluvision Inc. welcomes four new Imagineers to its U.S. team »
Submitted by Jillian Fafard, Aluvision Summer can sometimes be a lull for companies in the events industry, but that's not the case for Atlanta-based Aluvision Inc. The leading supplier of sustainable modular systems for exhibitions and events welcomes four new members to its US team: Ann Goossens, Office Manager, Nicole Shaffer (Production Planner), Ron Lee (Technical Designer) and Danielle Jackson (Logistics Coordinator). Originally from Belgium, Ann Goossens brings 16 years of customer service and interpersonal skills to her position as Aluvision Office Manager. She entered the logistics field four years ago, and in her new role at Aluvision's U.S. headquarters, she will leverage her management and communications expertise in cross-functional collaborations. Nicole Shaffer brings more than 10 years of production support experience in various industries to Aluvision. For over five years, she has specialized in production planning, and her organizational and analytical skills have become core strengths that our team and customers can rely on to ensure timely order fulfillment.…
More than 5,000 U.S. dealers urge officials to ease EV and
Dealers' third letter to lawmakers in a year says regulations are out of touch with EV charging infrastructure and consumer demand go through Chris Chilton September 27, 2024 08:45 Thousands of dealers have banded together to ask state and federal regulators to relax rules on emissions and electric vehicle sales. More than 5,000 retailers signed the open letter in response to falling demand for electric vehicles, saying ecological regulations are out of touch with reality. The letter is the third from dealers since the initial request to President Joe Biden in 2023. More than 5,000 auto dealers struggling with sluggish electric vehicle sales are calling on state and federal regulators to relax rules on emissions levels and electric vehicle mandates. The group signed an open letter - the third in less than a year - urging both parties to reconsider their clean car strategies and implement changes after this November's election to decide the next US president. RELATED: Nearly 5,000…
U.S. port shutdowns possible
Figure 1: Table of potential strike action scenarios (Source: Everstream Analytics). Also read: CH Robinson: How shippers can prepare for potential ILA strikes amid growing disruption in North American shipping landscape Impact of strike could extend to U.S. West Coast ports via diversions "If a strike occurs, U.S. West Coast ports will almost certainly experience increased congestion due to increased diversion of cargo flows. U.S. East Coast and Gulf Coast ports combined account for about 50% of imported cargo, and West Coast capacity will soon be overwhelmed by the increased volume. This could lead to disruptions such as extended ship waiting times, congestion at container yards and delays in rail operations to and from affected ports. Additionally, the threat of a United States West Coast shutdown cannot be ruled out. The International Longshore and Warehouse Union (ILWU) is committed to supporting the Eastern and Gulf Coast Alliance. While the ILWU has not yet outlined any specific support actions it plans…
Tariffs and bans won’t protect U.S. from Chinese automakers
The Biden administration's crackdown on Chinese electric vehicles may provide a respite for local companies, but it may not last long go through Brad Anderson September 25, 2024 09:11 Local auto brands need to use the existing buffer space to quickly upgrade their technology. A ban on Chinese software and hardware could be implemented starting with the 2027 model year. Analysts warn automakers not to become complacent. Industry experts believe that the recent tariffs imposed by the United States on Chinese-made electric vehicles and vehicles with Chinese software and hardware will not indefinitely block these vehicles from entering the domestic market. Earlier this year, the Biden administration imposed 100% tariffs on Chinese-produced electric vehicles, making it highly uneconomical for brands to sell them in the U.S. The U.S. Commerce Department has since proposed new rules that would ban the sale or import of connected cars with certain parts from countries of concern, such as Russia and China. Read: Biden administration…
U.S. ban on Chinese auto software and hardware could
Automakers say they need time to find new suppliers go through Brad Anderson September 22, 2024 23:02 A ban on Chinese software could be implemented starting with the 2027 model year, while a ban on Chinese hardware could be implemented starting with the 2030 model year. The Biden administration has expressed concern that Chinese technology poses a threat to national security. The public will have 30 days to comment on the proposed crackdown. It’s not just Chinese-made electric vehicles that are of concern to the Biden administration, with the U.S. Commerce Department expected to propose a ban on the use of Chinese software and hardware in connected and self-driving cars on the U.S. market While many key details of the plan remain under wraps, sources say the regulation would ban the import and sale of Chinese cars equipped with certain communications and self-driving system software/hardware. Regulators are concerned that Chinese companies will collect data on American drivers. Read: Biden administration…
Stolen U.S. cars are being used to fund terrorism, authorities warn
U.S. Customs and Border Protection faces a difficult task in stopping stolen cars from being shipped overseas. High-end cars are stolen and sold to fund terrorist organizations. Last year, 72 stolen vehicles were reportedly recovered at the Port of Savannah. You don’t hear much about the war on terror these days, but the war is still going on. However, the war has taken an unexpected turn as stolen cars are reportedly funding terrorist organizations. var adpushup = window.adpushup = window.adpushup || {que:()}; adpushup.que.push(function() { if (adpushup.config.platform !== "DESKTOP"){ adpushup.triggerAd("4d84e4c9 -9937-4f84-82c0-c94544ee6f2a"); } else{ adpushup.triggerAd("6a782b01-facb-45f3-a88f-ddf1b1f97657"); } }); Atlanta First News cited U.S. Customs and Border Protection (CBP) officials as saying that "millions of dollars worth of stolen cars" are being shipped out of the Port of Savannah to fund terrorists. Some of these models were reportedly stolen from Hartsfield-Jackson Atlanta International Airport, one of the busiest airports in the world. MORE: You thought sanctions kept luxury cars out of Russia? Think again…
What are the most stolen cars in the U.S.? Latest statistics
Have you ever parked your car only to worry if it's still there when you get back? With car thefts on the rise in the U.S., many drivers have this worry. Knowing which cars are most likely to be targeted can help you make an informed decision to protect your vehicle. At American Auto Insurance, we are committed to helping you keep your car safe and provide the best insurance options in Illinois. For over 30 years, our proven expertise has enabled us to provide affordable insurance, instant SR-22 filings, and comprehensive coverage to effectively protect your vehicle. In this article, we'll explore the most commonly stolen vehicles in the United States in 2023 and provide some tips for protecting your car from theft. The most stolen cars in the U.S. There has been a noticeable increase in car thefts in the U.S. lately. Here are the 10 most stolen cars of 2023, according to the National Insurance Crime Bureau.…
Volkswagen exits U.S. financing market, partners with Wells Fargo
The Volkswagen Group is in the process of transforming itself and moving away from offering its own private financing arm to customers. Now, it will partner with Wells Fargo to offer the service to customers at its dealerships. The shift in Volkswagen's financing strategy comes as its financial performance has declined. Volkswagen announced on Monday that its U.S. financial services arm (VWFS) will partner with Wells Fargo to offer financing to customers. While VWFS will continue to serve existing customers, Wells Fargo will become the primary financing option starting in April 2025. Essentially, Volkswagen is giving up its dominance in the U.S. financing space. var adpushup = window.adpushup = window.adpushup || {que:()}; adpushup.que.push(function() { if (adpushup.config.platform !== "DESKTOP"){ adpushup.triggerAd("4d84e4c9 -9937-4f84-82c0-c94544ee6f2a"); } else{ adpushup.triggerAd("6a782b01-facb-45f3-a88f-ddf1b1f97657"); } }); Until now, American customers who wanted to take out a loan for a Volkswagen, Audi or Ducati car could apply directly through Volkswagen. Volkswagen itself would guarantee the loan. Now, in what seems to be…
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