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TFI Eyes a ‘Brother’ for TForce Freight, Not a Merger

During TFI’s Q4 2024 earnings call with analysts Feb. 20, the company’s top executive said he did not expect any major acquisitions in 2025, after previously promising substantial ones.

February 21, 2025

Bank of Canada Sees Tariffs Wiping Out Growth for Years

While Bank of Canada Governor Tiff Macklem insists there’s a limit to a monetary policy response to a tariff war, he has a clear view of the damage it could have on the Canadian economy.

February 21, 2025

IEA Might Revive Dropped Energy Scenario After US Backlash

The International Energy Agency, the west’s energy watchdog, is considering reviving one of its long-term energy demand scenarios after criticism from U.S. Republican leaders.

February 21, 2025

PepsiCo Eliminates Some Roles in North American Business

PepsiCo Inc. is eliminating some corporate roles as well as jobs in its U.S. foods divisions, the company said.

February 21, 2025

How Brokers, Carriers and Shippers Are Fighting Theft and Fraud

As technology systems helped advance collaborative freight movements among brokers, carriers and shippers, thieves also have targeted the sector as an area ripe for fraud.

February 21, 2025

Japan Group Reportedly Seeks Tesla Investment in Nissan

Nissan shares jumped after the Financial Times reported that a high-level Japanese group has drawn up plans to seek investment from Elon Musk’s Tesla Inc. to aid the struggling carmaker.

February 21, 2025

KKR’s Sale of Logistics Provider Goodpack Attracts Investors

KKR & Co.’s revived attempt to potentially sell container and logistics services provider Goodpack has attracted interest from global investment firms including Apollo Global Management.

February 21, 2025

Trump’s Growing Focus on Tariffs Raises Odds of Trade War

President Donald Trump is focusing on the revenue his tariffs would generate as he seeks to get tax cuts through Congress, pointing to an ominous path for countries trying to avoid a trade war.

February 21, 2025

Stellantis Pauses Jeep Compass, Ontario Plant Operations

The Brampton plant, which employed about 3,000 workers, is currently being retooled to build electric and and gas-powered vehicles for the Jeep brands.

February 20, 2025