鈥淣o one is safe.鈥 So wrote an Amazon.com Inc. employee on an internal chat room as the company began the largest round of layoffs in its history.
November 16, 2022Search
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Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
Wholesale Inflation Eased in October for Fourth Straight Slowdown
Prices at the wholesale level rose 8% in October from a year ago, the fourth straight decline and the latest sign that inflation pressures in the United States are easing from painfully high levels.
November 15, 2022Walmart鈥檚 Grocery Gains Power Sales Beat and Stock Jump
Walmart Inc. jumped Nov. 15 after the retail giant reported strong quarterly results and boosted its annual forecast, putting its shares on pace to erase this year鈥檚 losses.
November 15, 2022The Battery Supply Chain Is Finally Coming to America
Redwood Materials Inc., the battery recycling company created by Tesla co-founder J.B. Straubel, said it has reached a deal to supply Panasonic with billions of dollars in critical battery components that will be produced in the U.S. for the first time.
November 15, 2022Daseke Founder Sells Shares Amid Board Retirement
Daseke Inc. founder Don Daseke will sell his holdings in the company and step down from its board of directors, the company announced Nov. 14.
November 15, 2022Airbus CEO Sees Energy Crisis Weighing on Production Next Spring
Airbus SE said production concerns have shifted from a shortage of jet engines to smaller suppliers struggling to cope with spiraling energy costs, with the squeeze expected to become most acute next spring.
November 14, 2022Study Says Charging Network Isn鈥檛 on Pace With Electric Truck Development
In December, Tesla Inc. plans to deliver the first of its electric Semi trucks 鈥 prompting those responsible for delivering the power to ask: Are we ready for this?
November 14, 2022FedEx Freight Unit Furloughs Workers as Cargo Demand Slows
FedEx Corp.鈥檚 freight unit is putting workers on furlough in some U.S. markets, adding to mounting evidence of a cargo slowdown as the company joins other large employers trimming their ranks.
November 14, 2022J.B. Hunt Plans Carbon Emission Intensity Reduction of 32% by 2034
J.B. Hunt Transport Services Inc. set a new goal to reduce its carbon emission intensity 32% by 2034, the company announced Nov. 14.
November 14, 2022GXO Reports Higher Revenue, Lower Earnings for Q3
GXO Logistics Inc. reported revenue growth and a decline in earnings in its third-quarter report released Nov. 8.
November 10, 2022