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Kenan Advantage Group Expands Dry Bulk Unit in Alabama

Kenan Advantage Group will buy Mobile, Ala.-based Evergreen Transport for an undisclosed sum, adding to the ongoing expansion of its dry bulk operations.

March 7, 2025

Tesla Erases $700 Billion ‘Trump Bump’

Tesla's shares are on track to erase the $700 billion post-election bump that stemmed from expectations that CEO Elon Musk's relationship with the president would benefit the company.

March 7, 2025

Canadian Crude Wins Reprieve From Trump’s Tariffs

Crude is among the beneficiaries of President Donald Trump’s one-month reprieve on tariffs for some imports from Canada and Mexico, a boost to oil industry leaders.

March 7, 2025

Watch: Auto Haulers Eye Initial Jack Cooper Tailwind in Weak Market

The collapse of auto hauler Jack Cooper Transport is expected to provide an initial tailwind for other carriers in the sector. Macroeconomic trends promise decrease in capacity as sales fall.

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March 7, 2025

Energy Chief Plans to Seek $20 Billion to Refill Oil Reserve

Energy Secretary Chris Wright plans to seek up to $20 billion to accomplish President Donald Trump’s goal of refilling the nation’s depleted oil reserve to its maximum capacity.

March 7, 2025

Employers Add a Solid 151,000 Jobs in February

Employers added 151,000 jobs last month, but the outlook is cloudy as President Donald Trump threatens a trade war, purges the federal workforce and promises to deport millions of immigrants.

March 7, 2025

Walgreens Going Private in $10 Billion Sycamore Deal

The offer, a roughly 8% premium to Walgreens’ closing price March 6 in New York, will turn one of the oldest, most recognizable U.S. drugstore chains into a private company.

March 6, 2025

Costco’s Profit Miss Reflects Broader Retail Concerns

Costco slipped in late trading after the big-box retailer posted profit that missed Wall Street’s expectations.ÌýRetailers have taken a more cautious outlook in recent weeks.

March 6, 2025

CMA CGM Pledges $20 Billion for US Shipping Expansion

An estimated 10,000 new jobs would be created by the effort, President Donald Trump said at an event at the White House alongside CMA CGM CEO Rodolphe Saadé.

March 6, 2025