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PepsiCo to Close Chicago Plant, Offer 60 Days’ Pay

PepsiCo said the decision was difficult, but it described the 60-year-old building as a facility with “physical limitations.” The company said it would pay workers for the next 60 days

October 28, 2024

Washington State Moves to Block Albertsons-Kroger Deal

Albertsons and Kroger insist a merger would help them lower prices and better compete with big rivals such as Walmart, Costco and Amazon.

September 16, 2024

Kroger Ups Full-Year Sales Forecast on Grocery Spending

Kroger Co. lifted its full-year sales guidance as the grocery-store operator benefits from consumers prioritizing spending on groceries and other essentials.

September 12, 2024

Private Fleets Ship Record 75% of Owners’ Outbound Freight

Prior to the past two years, the in-house market share had remained steady at the 67% level throughout the survey’s history, NPTC said.

September 5, 2024

Walmart Overtakes PepsiCo on Top 100 Private Carriers List

Walmart Inc.’s initiatives to strengthen its in-house trucking operations have elevated it to No. 1 on this year’s updated Transport Topics Top 100 Private Carriers list.

August 16, 2024

Private Carrier Sector Rankings Reflect Fleet Growth

Although freight market conditions have been favorable to shippers for the past two years, many of the largest private carriers in North America operate larger fleets now than in years past.

August 16, 2024

Going Private: Shippers Strengthening In-House Fleets

Even at a time when for-hire truck capacity is readily available at com­petitive rates, many shippers have continued to invest in their own private fleets.

August 16, 2024

Tyson, JBS Set for Earnings Spike From Poultry Rebound

Companies including Tyson Foods and JBS SA, which control a sizable chunk of global meat supplies, are set to report a spike in earnings for the quarter ended in June as a rebound in poultry profits counterbalances a downturn in their U.S. beef operations.

July 31, 2024

Private Fleet Sector Rankings Illustrate Market Shifts

The biggest private motor carriers across a variety of industries experienced ups and downs during the past year as they adapted to changing freight market conditions.

August 25, 2023