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Sysco Breaks Ground on Distribution Facility in Arizona

Arizona state and local officials gathered for a groundbreaking ceremony at the site of Sysco Corp.s future $102 million distribution center in Mesa.

October 20, 2023
GovernmentBusinessTechnologyAutonomousPrivate

Amazon to Test Prescription Delivery by Drone

Amazon will soon make prescription drugs fall from the sky when the e-commerce giant becomes the latest company to test drone deliveries for medications.

October 18, 2023
BusinessPrivate

Sysco to Buy Food Service Distributor Edward Don & Co.

Sysco Corp. is to buy Chicago-based food service equipment and supplies distributor Edward Don & Co. for an undisclosed sum, the S&P 500 member said.

October 16, 2023
GovernmentBusinessPrivate

Rite Aid Files for Bankruptcy

PHILADELPHIA Rite Aid said Oct. 16 that it has filed for bankruptcy and obtained $3.45 billion in fresh financing as it carries out a restructuring plan.

October 16, 2023
GovernmentBusinessPrivate

California Eyes Lawsuit to Block Kroger-Albertsons Deal

California is preparing a lawsuit to block Kroger Co.s $24.6 billion acquisition of Albertsons Cos. on concerns the deal could hurt consumers and workers, Attorney General Rob Bonta said.

October 12, 2023
BusinessTechnologyEquipmentFor-HirePrivate

Mercedes Challenges Tesla's Battery-Powered Semi

Mercedes-Benz Trucks revealed a heavy-duty #electric #truck to take on Teslas battery-powered Semi, the latest move in the intensifying race to decarbonize road logistics.

October 12, 2023
BusinessPrivate

PepsiCo Boosts Forecast as Sales Withstand Ozempic Threat

PepsiCo Inc. says appetite-suppressing drugs havent affected sales of its snacks and sodas, though the company is focused on package size as it aims to reach its raised annual forecast.

October 10, 2023
BusinessTechnologyEquipmentFor-HirePrivate

Mercedes Unveils Longhaul Electric Truck

Mercedes-Benz Trucks revealed a heavy-duty electric truck to take on Tesla Inc.s battery-powered Semi, the latest move in the intensifying race to decarbonize road logistics.

October 10, 2023
BusinessPrivate

Loves Buys Legal Aid Specialist TVC Pro-Driver

Loves Travel Stops bought driver legal aid specialist TVC Pro-Driver for an undisclosed sum on Oct. 4, the truck stop owner said.

October 6, 2023
GovernmentBusinessTechnologyLogisticsAutonomousPrivate

Amazon to Open Pair of Facilities in Virginia Beach

Virginia Gov. Glenn Youngkin has announced Amazon will build a multistory robotics fulfillment center and last mile delivery station in Virginia Beach.

September 29, 2023