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Textainer in Talks to Buy Container Leasing Firm Seaco

Stonepeak-owned Textainer is in talks to acquire container leasing firm Seaco from an arm of failed Chinese conglomerate HNA Group, according to people with knowledge of the matter.

June 10, 2024

Volvo Recalls All EX30 Cars on Software Glitch

Volvo Car AB is recalling all of the almost 72,000 units it has made of its new flagship model — the fully electric EX30 — due to a software issue.

June 10, 2024

Noble to Buy Rival Driller Diamond Offshore

Noble Corp., the world’s biggest offshore oil rig contractor by market value, agreed to buy its smaller rival Diamond Offshore Drilling Inc. in a deal valued at $1.6 billion.

June 10, 2024

Large Chunk of Wyoming’s Teton Pass Road Collapses

JACKSON, Wyo. — A chunk of the Teton Pass collapsed in Wyoming, leaving a chasm in the highway and severing a well-traveled link between towns in Idaho and the tourist destination of Jackson.

June 10, 2024

TCA Names 2024 Professional Drivers of the Year

INDIANAPOLIS — It’s not by chance that four award-winning truck drivers get home safely every night after spending a demanding day on the road. It’s by design, they said during a panel discussion.

June 7, 2024

Kia Recalls Nearly 463,000 Telluride SUVs Due to Fire Risk

NEW YORK — Kia America is recalling nearly 463,000 Telluride SUVs — and urging owners to park their cars outside and away from other structures until an issue posing a fire hazard is fixed.

June 7, 2024

Shale Drilling Slides to Lowest Level of Activity Since 2022

Drilling in the U.S. shale patch dropped to the lowest level in almost 2½ years as operators vow to make good on promises to investors for subdued production growth this year.

June 7, 2024

Walmart Expects E-Commerce Profits Within Two Years

Walmart Inc. said it expects to generate profits in its U.S. e-commerce business within the next two years.

June 7, 2024

Real-World Mileage Standard for New Vehicles Rising

WASHINGTON — New vehicles sold in the U.S. will have to average about 38 miles per gallon of gasoline in 2031 in real-world driving, up from about 29 mpg this year, under new federal rules.

June 7, 2024

Virginia Won’t Enforce New California Emissions Rules

Virginia is giving the boot next year to California’s electric vehicle mandates and will no longer be legally obligated to follow its emissions regulations.

June 7, 2024