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PepsiCo Eliminates Some Roles in North American Business

PepsiCo Inc. is eliminating some corporate roles as well as jobs in its U.S. foods divisions, the company said.

February 21, 2025

Japan Group Reportedly Seeks Tesla Investment in Nissan

Nissan shares jumped after the Financial Times reported that a high-level Japanese group has drawn up plans to seek investment from Elon Musk’s Tesla Inc. to aid the struggling carmaker.

February 21, 2025

KKR’s Sale of Logistics Provider Goodpack Attracts Investors

KKR & Co.’s revived attempt to potentially sell container and logistics services provider Goodpack has attracted interest from global investment firms including Apollo Global Management.

February 21, 2025

Trump’s Growing Focus on Tariffs Raises Odds of Trade War

President Donald Trump is focusing on the revenue his tariffs would generate as he seeks to get tax cuts through Congress, pointing to an ominous path for countries trying to avoid a trade war.

February 21, 2025

Stellantis Pauses Jeep Compass, Ontario Plant Operations

The Brampton plant, which employed about 3,000 workers, is currently being retooled to build electric and and gas-powered vehicles for the Jeep brands.

February 20, 2025

Standard Forwarding Freight Buys Midwest LTL Carrier From DHL

Standard Forwarding Freight bought the assets of Midwest less-than-truckload carrier Standard Forwarding from DHL Freight for an undisclosed sum.

February 21, 2025

Rivian Reports Profit but Cuts 2025 EV Sales Forecast

Rivian Automotive said its electric-vehicle deliveries this year will fall short of Wall Street estimates as potential policy shifts in Washington threaten to further dampen EV demand.

February 20, 2025

TFI’s Decision to Relocate to US Sparks Controversy

Canadian trucking and logistics company TFI International Inc. said it will move its headquarters to the U.S., earning criticism from one of its largest shareholders.

February 20, 2025

TFI Q4 Profit Slumps 33% on Higher Costs, Tonnage Decrease

The Montreal-based carrier saw its truckload unit revenue jump 64% to $693.2 million, but revenue at the LTL and Logistics divisions fell by 13% and 14%, respectively.

February 20, 2025