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Kroger, Albertsons In Talks to Sell Stores to C&S, SoftBank

Kroger Co. and Albertsons Cos. are selling some of their stores in an effort to win regulatory approval for their $25 billion merger, according to people familiar with the matter.

September 7, 2023
BusinessTechnology

GM Makes Initial Offer to UAW, Union President ‘Insulted’

General Motors’ first wage-and-benefit offer to the United Auto Workers on Sept. 7 falls far short of the union’s initial demands.

September 7, 2023
Government

Senate Could Consider FY24 Transportation Bill Next Week

Legislation to fund the U.S. Department of Transportation through fiscal 2024 will be considered in the Senate as early as the week of Sept. 11.

September 7, 2023
BusinessLogisticsTop 100

Trucking Experts Prepare for Lackluster Peak Season

Trucking industry experts are expecting a modest peak shipping season due to freight demand and inventory trends as consumer preferences have shifted back to services from goods.

September 7, 2023
BusinessEquipment

Class 8 Truck Orders Fall 12% in August

North American Class 8 orders ended a three-month streak of positive year-over-year growth by falling 12% in August, according to ACT Research.

September 7, 2023
GovernmentBusinessTechnologyEquipmentSafetyAutonomous

Trucking Trade Groups Generally Support AEB Proposal

Organizations representing heavy trucks were generally supportive of a joint proposed rule to require automatic emergency braking technologies on heavy trucks — with caveats.

September 7, 2023
BusinessEquipment

July Used Class 8 Sales Decline 9.3% Year-Over-Year

Used Class 8 sales in July decreased 9.3% year-over-year to 19,500 units from 21,500, ACT Research reported.

September 7, 2023
BusinessTechnology

Tesla to Supply Hilton Hotels With 20,000 EV Chargers

Hilton Worldwide Holdings Inc. is partnering with Tesla Inc. to install 20,000 universal electrical vehicle chargers at 2,000 of its hotels in the U.S., Canada and Mexico.

September 7, 2023
BusinessTechnologyLogistics

Flexport Founder Ryan Petersen to Return as CEO

Flexport CEO Dave Clark is abruptly leaving the startup after a year, making way for the return of founder Ryan Petersen and highlighting pressure on startups in the logistics industry.

September 7, 2023
GovernmentEquipmentLogistics

New York’s Port of Oswego Wins $4 Million Federal Grant

Secretary of Commerce Gina Raimondo has announced a $4 million economic development grant to New York’s Port of Oswego to buy new cargo-handling equipment and improve rail infrastructure.

September 7, 2023