Articles by Andrew G. Simpson

GM Seeks OK for Self-Driving Commercial Vehicle Without Steering Wheel for 2019

General Motors Co. is seeking U.S. government approval for a fully autonomous car – one without a steering wheel, brake pedal or accelerator pedal – to enter the automaker’s first commercial ride-sharing fleet in 2019, executives said. For passengers who …

Ford Denies Truck Owners’ Claims of Diesel Cheating

Ford Motor Co. installed software that enabled its F-250 and F-350 Super Duty trucks to cheat at passing federal emissions tests, according to a lawsuit by truck owners filed on Wednesday, a claim the No. 2 U.S. automaker described as …

Rethinking Freight Flood Risk Management After Hurricane Harvey

A week before Hurricane Harvey walloped Houston, workers for Union Pacific Corp. began moving rail cars out of the railroad’s Englewood switching yard near downtown and brought in enough generators to fill 70 tractor trailers to keep signal systems running. …

Tackling Houston’s Flood-Damaged Cars Takes an Army of Tow Trucks

How do you remove hundreds of thousands of damaged cars from a massive city still mired in water and muck? Tow-truck driver Alex Toll will tell you: one vehicle at a time. Toll is part of an army of more …

Small Trucking Firms Fear Being Driven Out of Business by Electronic Log Rule

A new regulation that will force U.S. trucking companies to electronically log employee hours is designed to limit accidents by keeping tired drivers off the road. It may also drive smaller trucking firms out of business. A trucking industry survey …

Japan Disaster Shows up Flaws in ‘Just-in-time’ Production

Just over a week after the massive earthquake hit the sprawling Texas Instruments chip plant here, a gardener is reworking the Japanese garden in an inner courtyard of the office tower attached to the plant. The garden is a symbol …

Special Reuters Report: America’s Route to Recovery

When Bob Hagan was a boy in Youngstown, Ohio, people equated the coke dust they swept off their doorsteps each day with opportunity, for it came from the steel mills that built this city. After graduating from high school more …

U.S. Action Against Somali Pirates May Raise Marine Insurance Demand and Rates

The dramatic rescue of an American sailor from Somali pirates by the U.S. Navy this weekend will likely make marine insurance more expensive, not least because the killing of three pirates could lead to an escalation of violence against unarmed …

Credit Seen Drying Up for Main Street Small Businesses

As losses mount at American banks and the pain of the credit crisis spreads from housing and finance to the broader economy, many small companies complain it is increasingly difficult to obtain loans. Tighter credit could not only help to …

Lawsuits Against Lenders Accelerate Amid U.S. Housing Crisis

The U.S. housing crisis has caused huge loan losses at big lenders but also spawned a slew of class-action lawsuits against them, many alleging noncompliance with consumer disclosure rules. “The compliance issue is a ticking time bomb for some lenders,” …