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Kroger Plans Minimum 7-Tranche Bond Sale for Albertsons Deal

Kroger is poised to sell investment-grade bonds in at least seven parts to help fund its proposed acquisition of Albertsons as antitrust scrutiny continues to hang over the plan.

August 19, 2024

Walmart Boosts Outlook for 2024

NEW YORK — Walmart had another quarter of strong sales that topped almost all expectations with its comparatively low prices proving a powerful draw for millions.

August 15, 2024

Walmart Overtakes PepsiCo on Top 100 Private Carriers List

Walmart Inc.’s initiatives to strengthen its in-house trucking operations have elevated it to No. 1 on this year’s updated Transport Topics Top 100 Private Carriers list.

August 16, 2024

Private Carrier Sector Rankings Reflect Fleet Growth

Although freight market conditions have been favorable to shippers for the past two years, many of the largest private carriers in North America operate larger fleets now than in years past.

August 16, 2024

Darling Ingredients Surges on California Proposal

Darling Ingredients soared the most in eight years after California signaled it may limit the use of seed oils in green diesel, which would be a boon to companies that use rival feedstocks.

August 13, 2024

Cargill Revenue Down as Trader Struggles With Profit Targets

Cargill Inc. took a revenue hit of almost 10% in its most recent fiscal year, a decline that comes amid signs of profit struggles at the world’s biggest crop trader.

August 13, 2024

Kroger and Albertsons Spend More Than $800M on Merger Fees

Kroger Co. and Albertsons Cos. have spent more than $800 million on fees paid to lawyers, bankers and advisers for their proposed merger.

August 13, 2024

Going Private: Shippers Strengthening In-House Fleets

Even at a time when for-hire truck capacity is readily available at com­petitive rates, many shippers have continued to invest in their own private fleets.

August 16, 2024

ºÚÁϳԹÏÍø Depot Trims Outlook for 2024

ºÚÁϳԹÏÍø Depot’s Q2 sales rose slightly as the retailer benefited from an $18 billion acquisition this spring, but customers continued to rein in spending.

August 13, 2024