Archer-Daniels-Midland Co. plunged after the U.S. agricultural trading giant suspended its CFO and cut its earnings outlook pending an investigation into its accounting practices.
January 22, 2024Search
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Justin Olsen, maintenance director at TCW, breaks down the hidden impact of poor trailer management on operations, compliance and safety.Â
Red Sea Attacks Disrupt Food Trade, Risk Higher Grocery Costs
Chaos in the Red Sea is starting to disrupt shipments of produce from coffee to fruit — and threatening to halt a slowdown in food inflation that brought some relief to strained consumers.
January 19, 2024Walmart Boosts Managers’ Base Pay, Redesigns Bonus System
NEW YORK — Walmart Inc. is raising the starting base pay for store managers, while redesigning its bonus plan that will put more of an emphasis on profits for these leaders.
January 18, 2024Washington State Sues to Block Kroger-Albertsons Merger
SEATTLE — Washington state Attorney General Bob Ferguson on Jan. 15 sued to block the proposed merger of Kroger and Albertsons, two of the nation’s largest grocery chains.
January 16, 2024Walmart Expands Rollout of Generative AI Search on App
Walmart Inc. opened up access to a generative artificial intelligence tool that allows shoppers to search for products by specific use cases rather than look up one item at a time.
January 10, 2024Walmart Announces Dallas Drone Deliveries Covering Millions
Walmart says drone deliveries are no longer a futuristic idea, as it will be able to make drone deliveries with its partners Wing and Zipline to 75% of Dallas-Fort Worth by the end of this year.
January 10, 2024Daimler Partners With Amazon for Fuel Cell Truck Trials
Daimler Truck plans to begin the first on-road customer tests of hydrogen fuel cell-powered Mercedes-Benz GenH2 trucks in global markets in the middle of 2024.
December 20, 2023Retailers Improve Delivery Speeds
Some of America’s biggest retailers are working to increase their shipping speeds to please shoppers expecting faster and faster deliveries.
December 19, 2023CRH Offers to Buy Australian Adbri in $1.4 Billion Deal
Global building materials firm CRH Plc has offered to purchase Australian concrete maker Adbri Ltd. in a joint takeover proposal with Barro Group, valuing the target business at $1.4 billion.
December 18, 2023Reyes Coca-Cola to Deploy 20 eCascadias in California
Reyes Coca-Cola Bottling will deploy 20 Freightliner eCascadia Class 8 tractors, said Daimler Truck North America, the truck manufacturer’s parent company.
November 21, 2023