Uber Technologies named longtime executive Andrew Macdonald its first chief operating officer since 2019, part of an executive shake-up that includes the departure of the company’s top delivery leader.
June 2, 2025Search
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US-China Trade Tensions Flare Again as Talks Stall
The Chinese Ministry of Commerce issued a statement June 2 rebuking the U.S. president’s claim that Beijing breached the consensus reached in Geneva in May.
June 2, 2025Carney Fights Trump Tariffs With Domestic Trade Push
Prime Minister Mark Carney is pushing to offset the economic pain caused by U.S. President Donald Trump’s tariffs by compelling Canadian provinces to liberalize trade with one another.
June 2, 2025Leasing Models Offer Fleets Cost-Control Options
Fleet operators weigh full-service versus unbundled truck leasing as costs, maintenance risks and life cycle management shape decisions.
May 27, 2025Three More Years of Clean Truck Fees Approved at Port of L.A.
The Port of Los Angeles will continue to collect a $10 clean truck fund fee for the next three years. But at least two harbor commissioners indicated it warrants a closer look going forward.
May 27, 2025Software Logistics Giant WiseTech Buys E2open for $2.1B
Australian shipping software company WiseTech Global made its biggest ever acquisition, agreeing to buy E2open Parent Holdings in a deal that values the U.S. firm at $2.1 billion.
May 27, 2025Trump Team Resists Nvidia, Upholds AI Export Curbs to China
“When it comes to inside China … there is still bipartisan and broad concern about what can happen to these GPUs once they’re physically inside” the country, a White House adviser said.
May 21, 2025EU Moves to Revive Fractured Trade Talks With Trump
The EU has shared a revised proposal with the U.S., as it aims to inject momentum in talks with President Donald Trump’s administration amid lingering skepticism that a deal can be reached.
May 21, 2025Amazon Issues Backdated Refunds in Policy Review
Amazon customers are suddenly getting refunds for products they purchased and returned as far back as 2018, along with apologies from the retailer after it discovered “unresolved” issues.
May 21, 2025Uber Raises $1.2 Billion With Aurora-Linked Bond Deal
The rare structure — bonds that turn into equity in another company if the underlying stock exceeds a set price after a period — offered investors a compelling combination of attributes.
May 20, 2025