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Forward Air Probes Sale, Merger, Divestment Options

Forward Air’s board will undertake a review of the asset-light transportation and logistics services provider’s strategic alternatives, including a sale of the company and other options.

January 8, 2025

Northvolt Owners Back Plan to Keep Making Batteries

Northvolt AB shareholders approved the bankrupt electric vehicle supplier’s plan to keep building battery cells while it seeks new funding to restructure under Chapter 11 protection.

January 8, 2025

Goodyear to Sell Dunlop Tire Brand to Japan’s Sumitomo

WASHINGTON — U.S. tire company Goodyear will sell its Dunlop brand to Japan’s Sumitomo Rubber Industries, the company announced Jan. 7.

January 8, 2025

Albertsons Raises Profit Guidance After Dropping Kroger Deal

Albertsons Cos. raised its adjusted earnings outlook for the full year, a positive sign for the grocer seeking to pave a new path after its proposed deal with Kroger Co. fell apart.

January 8, 2025

Biden Unveils Clean Energy Tax Credits Amid Uncertain Future

The Biden administration made new tax credits available for companies that generate clean electricity and argued it would be a mistake for President-elect Donald Trump to try to undo them.

January 7, 2025

NACFE to Hold ‘Messy Middle’ Testing in September

The fourth Run on Less program in NACFE’s Run on Less initiative will involve four different powertrain solutions: diesel, natural gas, battery-electric and hydrogen fuel cells.

January 7, 2025

New N.C. Governor Acts on Hurricane-Damaged Roads, Bridges

In one of his first acts as North Carolina’s new leader, Gov. Josh Stein signed an executive order to complete repairs on 8,000 roads and bridges that sustained damage during Hurricane Helene.

January 7, 2025

Republicans Set Stage for Trump’s Agenda

After Congress’ certification of the presidential election Jan. 6, Republicans expressed confidence in their ability to advance President-elect Donald Trump’s agenda.

January 7, 2025

Hess Confident of Arbitration Win Against Exxon

Exxon’s claim of right-of-first-refusal to Hess’ 30% stake in Guyana’s Stabroek block is “baseless” and “without merit,” CEO John Hess said at a Goldman Sachs Group Inc. conference Jan. 7.

January 7, 2025