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Two Sentenced to Prison in Staged Accident Schemes

Two people in separate allegations of participation in staged accidents with tractor-trailers in the New Orleans area have been sentenced to prison and ordered to pay significant restitution.

November 14, 2023

Class 8 Sales Drop for Third Straight Month During October

Class 8 retail sales in October declined from the year-ago period for a third consecutive month, Wards Intelligence data showed.

November 13, 2023

$50 Million Federal Grant Will Help Modernize Delaware Port

Delaware officials announced a $50 million federal grant to help pay for a container terminal expansion project to enable the century-old Port of Wilmington to handle larger vessels.

November 13, 2023

Tesla Facing Strikes in Sweden Over Collective Bargaining

Pressure is growing on Tesla in Sweden, where a trade union is demanding that the Texas-based automaker sign a collective bargaining agreement, which most employees in the country have.

November 13, 2023

Volvo Buys Bankrupt Proterra’s Battery Business

Volvo Group will acquire the battery business of Proterra Inc. and Proterra Operating Co., the businesses said separately.

November 13, 2023

Pepsi on Its Way to Surpassing Coca-Cola’s Value

PepsiCo Inc. is on course to take over as the biggest U.S. beverage company by market value, supplanting rival Coca-Cola Co., according to Wall Street analysts.

November 13, 2023

Georgia Diesel, Gas Tax Suspension Extended Through Nov. 29

Diesel and gasoline prices in Georgia continue to be free of state excise taxes through Nov. 29 after Gov. Brian Kemp re-extended for the second time a state of emergency executive order.

November 13, 2023

Mergers and Acquisitions Market Begins to Accelerate

After a drop in merger and acquisition activity, analysts believe the market has turned a corner. Driven by uncertain economic conditions earlier this year, M&A has now started a rebound.

November 13, 2023

Forward Air Files Counterclaim Against Omni on Merger

Forward Air has filed a counterclaim against Omni Logistics in response to a lawsuit Omni filed alleging that Forward has not followed through on a planned merger between the companies.

November 13, 2023