The Federal Trade Commission, eight states and Washington, D.C., sued to block Kroger Co.’s $24.6 billion acquisition of Albertsons Cos. on Feb. 26.
February 26, 2024Trucking Business News
Transport Topics business coverage focuses on the financial, economic, and commercial aspects of the modern freight business. Looking at both the microeconomic and macroeconomic forces shaping bottom lines, the news in this category includes labor news, jobs reports, tonnage and sales indicators, operations analysis, money and banking, mergers, acquisitions, e-commerce, bankruptcy, insurance issues, and more.
Ford Pauses F-150 Lightning Shipments
Ford Motor Co. has paused shipments of the 2024 F-150 Lightning pickup truck as part of a longer-than-expected quality check process.
February 26, 2024Port of Baltimore Hit Cargo Record Last Year
The Port of Baltimore hit records for handling cargo last year, state officials said, showing a rebound from global supply chain difficulties and disruptions during the pandemic.
February 26, 2024Investors Flee Tumbling EV Upstarts
Investors have all but thrown in the towel on shares of EV startups Rivian Automotive and Lucid Group.Â
February 26, 2024Shortage of Oil Tankers at Hand
Warnings from the oil tanker industry that too few of the ships are being built are haunting the market after Houthi attacks on shipping caused widespread diversions in petroleum trades.
February 26, 2024Wisconsin, Indiana Pass Bills Targeting Lawsuit Abuse
Wisconsin and Indiana have passed reform legislation that targets lawsuit abuse against the trucking industry.
February 23, 2024Flexport Resurrects Convoy Services With New Tech Platform
Flexport launched a new technology platform that offers global shippers access to a trucking capacity marketplace of small carriers and owner-operators, the company announced Feb. 22.
February 23, 2024Southwest Airlines Ground Workers Reach Deal for Pay Bump
Southwest Airlines has reached a contract with its ramp, operations, provisioning and freight agents that’ll give workers an average pay increase of over 18%.
February 23, 2024California’s Inland Empire Warehousing Industry Declining
Southern California's Inland Empire is facing a steep downturn in employment and growth in its once-booming warehousing and logistics industry, brought on by unstable market conditions.
February 23, 2024Wireless Charging for EVs Is Inching Closer to Reality
Multiple startups have spent years working toward a world in which wireless EV charging goes mainstream, and as adoption picks up, momentum is building to make that dream a reality.
February 23, 2024Trending
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