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Activist Investor Elliott Builds $4 Billion Stake in PepsiCo

The position makes Elliott Investment Management one of PepsiCo’s largest investors, the activist said Sept. 2 in a letter to the company board of directors.

September 2, 2025
BusinessLogistics

Kraft Heinz Breakup to Create 2 Distinct Food Giants

Following the breakup, one company will be made up of its Heinz Ketchup and other iconic condiments and boxed meals — a unit that currently generates $15.4 billion in sales.

September 2, 2025
GovernmentBusinessTechnologyEquipmentSafety

Volkswagen Unions Urge Blume to Quit Porsche Role

The company’s top labor official, Daniela Cavallo, on Sept. 2 urged Blume to step aside as head of Porsche AG, where he has remained CEO even after taking the helm at Volkswagen in 2022.

September 2, 2025
GovernmentBusinessTechnologyEquipmentLogistics

Trump Says India Offered Zero Tariffs on US Goods

Trump said in a social media post Sept. 1 that India offered to reduce its tariffs on U.S. goods to zero, without saying when the concession was made.

September 2, 2025
GovernmentBusinessEquipmentLogistics

HTA’s Loya Listens, Learns as Calif. Drayage Community Reels

Robert Loya has seen up close how the dynamic between trade associations and members works, and how different it is from being employed at a carrier.

September 2, 2025
BusinessTechnologyEquipmentSafety

TMCSuperTech Turns 20 as TMC Fall Meeting Heads to Raleigh

Competition, connection and communication will be the theme throughout Technology & Maintenance Council's Fall Meeting and national technician skills competition.

September 2, 2025
GovernmentEquipmentLogistics

Virginia Ends Tolls on Bridge Outside Newport News

"It’s time to stop asking Virginians to pay tolls on this facility, and we are doing so five months early,” Gov. Glenn Youngkin said.

September 1, 2025
GovernmentBusinessEquipment

Tariffs and Trade Woes Weigh on US Agriculture

Tariff tensions are making the North American farm market the most uncertain in the world even as conditions in Europe and Asia start to improve.

August 30, 2025
GovernmentBusinessTechnologyEquipmentLogistics

Trump Tariffs Ruled Illegal but Left in Place for Now

Trillions of dollars of global trade are embroiled in the legal fight. A final ruling tossing Trump’s tariffs would upend his much-ballyhooed trade deals.

August 29, 2025
BusinessEquipmentFuelLogisticsFor-Hire

Pinch Acquires Levinge in Oil Field Freight Merger

Houston-based Pinch is seeking to expand its flatbed less-than-truckload and truckload operations for oil and natural gas exploration and service companies with the deal.

August 29, 2025