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Walmart Stock Soars 82% in 2024, Leading Retail Industry

Analysts are betting that further market-share gains and increased profit contributions from Walmart’s higher-margin ancillary businesses will extend the stock’s rally.

December 18, 2024

Fleets’ Fuel Efficiency Rose in 2023, 2022: NACFE Study

Based on data from some of the North American freight industry’s largest carriers, fleet-wide fuel efficiency averaged 7.77 mpg in 2023, compared with 7.62 mpg in 2022.

December 18, 2024

Biden to Announce Chinese Semiconductor Probe in Coming Days

President Joe Biden’s administration is set to initiate a trade investigation into Chinese semiconductors in the coming days, as part of a push to reduce reliance on a technology that U.S. officials believe pose national security risks.

December 17, 2024

Trump to Take Reins as Biden Rushes Infrastructure Projects

WASHINGTON — While Republicans capped 2024 with a presidential victory, the Biden administration has been rushing to advance as many infrastructure and microchip projects as it can.

December 17, 2024

DAT Buys Trucker Tools to Boost Digital Freight Features

The deal, which closed Dec. 17, brings Trucker Tools’ platform suite for freight visibility, digital load booking and carrier engagement under the umbrella of DAT’s operations.

December 17, 2024

Lion Electric Wins Court Protection From Creditors

After winning breathing room with its bankers to look for additional funding earlier in December, Lion said it failed to raise any cash and was now in default on debt repayments.

December 17, 2024

US to Require Vehicles to Sound Alarms for Rear Seat Belts

DETROIT — Starting in September 2027, all new passenger vehicles in the U.S. will have to sound a warning if rear-seat passengers don’t buckle up.

December 16, 2024

Amazon Rejects Senate Report on Workplace Safety Standards

Amazon has long been a target of worker’s rights advocates and labor unions, who say the company pushes its employees too hard in the name of getting packages to customers quickly.

December 16, 2024

SoftBank to Invest $100 Billion in US After Trump Win

The plan includes a pledge to create 100,000 jobs focused on artificial intelligence and related infrastructure, including investments in data centers, semiconductors and energy.

December 16, 2024