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Citadel Acquires Yellow Debt Owned by Apollo, Other Lenders

An affiliate of Ken Griffin’s Citadel has acquired roughly $485 million in Yellow Corp. debt previously owned by Apollo Global Management and other lenders to the bankrupt trucking firm.

August 16, 2023

EV Maker VinFast Soars in Nasdaq Debut

VinFast Auto Ltd. soared in its debut as a public company, vaulting its market capitalization beyond that of General Motors Co. as traders flipped shares of the electric vehicle maker.

August 15, 2023

Medium-Duty Truck Sales Jump 10.9% in July

U.S. retail sales for medium-duty trucks grew 10.9% in July compared with the year-ago period, according to data from Wards Intelligence.

August 15, 2023

David Fountain Finds Connections, Camaraderie at NTDC

For FedEx Express’ David Fountain, the grand champion from South Carolina, connecting with fellow drivers is the true essence of American Trucking Associations' annual safety showcase. 

August 15, 2023

2023 NTDC Photo Gallery

Images from the 2023 National Truck Driving & Step Van Driving Championships in Columbus, Ohio, Aug. 16-19, 2023, at the Greater Columbus Convention Center.

August 15, 2023

Lordstown Settles Karma Lawsuit for $40 Million

Lordstown Motors Corp. has agreed to pay $40 million to settle a Karma Automotive lawsuit alleging that the company lifted designs and technology to develop its flagship Endurance truck.

August 15, 2023

NTDC Spotlight: Roland Bolduc, Part 4

Roland Bolduc of FedEx Express will set his sights on his third NTDC title this week. He'll be packing inspiration — and some dogged determination — when he takes the course.

August 15, 2023

East and West Coast Ports Spar Over Who's No. 1

It came as a surprise at the ports of Los Angeles and Long Beach  when the ports of New York-New Jersey said their complex was the busiest cargo container handler in America.

August 15, 2023

Tesla Rolls Out New Base Model S and X for $10,000 Less

Tesla Inc. added new lower-range iterations of the Model S sedan and Model X sport utility vehicle to its lineup that cost $10,000 less than their previous base prices.

August 15, 2023

°®¶¹´«Ã½ Depot Tops Expectations Again

ATLANTA — °®¶¹´«Ã½ Depot topped profit and sales expectations in its most recent quarter, but sales continued to decline.

August 15, 2023