WASHINGTON — Fueled by pricier used cars, hotel rooms and auto insurance, inflation in the United States moved slightly higher last month while remaining far below its peak of two years ago.
December 11, 2024Search
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Seth Clevenger and Mike Senatore dive into the Transport Topics Top 100 list of the largest logistics companies. They address trade challenges, mergers, sector trends and more.
Biden Signals Plan to Block US Steel-Nippon Deal
The president plans to formally block the $14.1 billion sale on national security grounds once the deal is referred back to him later this month, people familiar with the matter said.
December 10, 2024GM to Wind Down Robotaxi Operations Championed by CEO Barra
General Motors Co.’s Cruise self-driving car unit will exit the robotaxi business, a retreat from a market that proved costly and full of reputational pitfalls for the automaker.
December 10, 2024Kroger’s $24.6 Billion Albertsons Deal Blocked by Judge
A judge blocked Kroger's $24.6 billion acquisition of Albertsons Cos., finding the takeover would lessen competition for grocery shoppers in a ruling that marks a likely death knell for the deal.
December 10, 2024Luxembourg-Based Faymonville Picks Arkansas for US Factory
The company specializes in oversized-load and special transport equipment, including semi-lowloaders, flatbed trailers, lowbed trailers and drawbar trailers.
December 10, 2024Mondelez’s Takeover of Hershey Would Rank as Top 2024 Deal
Snack-food giant Mondelez International’s potential takeover of chocolate maker Hershey Co. would rank as the year’s top M&A deal.
December 10, 2024US Sees Small Global Oil Deficit in 2025
The U.S. reversed its forecast for a crude glut next year and is now calling for a small oil-market deficit.
December 10, 2024Arizona City Gifts Land for New Cross-Border Trucking Port
The existing port — which is 5 miles away and expanded 27 years ago from the original one built in 1933 — can no longer handle today’s traffic and commercial vehicle inspection demands.
December 10, 2024Volvo’s VNR Electric Reaches 10 Million Customer Miles
Almost 600 of the Volvo Group AB unit’s battery-electric straight trucks and tractors are now operational in the U.S. and Canada, collectively driving more than 200,000 miles every week.
December 10, 2024Lion Electric President Nicolas Brunet Resigns
The president of Canadian electric bus and truck manufacturer Lion Electric Co. resigned as the cash-poor company made a last-ditch attempt to stay afloat.
December 10, 2024