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BusinessLogistics

Dothan Warehouse to Add More Temperature-Controlled Storage

Dothan Warehouse in Alabama is investing $5.2 million to expand its temperature-controlled storage space to meet rising demand after selling its frozen facility to Vertical Cold Storage.

January 8, 2025
GovernmentBusiness

2025: Will The Trump Administration Be a Friend of Trucking?

In June, American Trucking Associations President Chris Spear traveled to Florida to meet with then-presidential candidate Donald Trump to gain insight into what the trucking industry might expect should Trump win a second White House term.   

January 8, 2025
GovernmentBusinessTechnologyAutonomous

Flying Taxis Are on the Horizon

Joby Aviation and other ambitious companies collectively have raised billions of dollars to turn air taxis into reality.

January 8, 2025
BusinessTechnologyLogisticsTop 100

AIT Buys St. Louis-Based Freight Forwarder Krupp Trucking

Krupp specializes in the transportation of high-value goods, with AIT keen to add the company’s technology logistics sector operations to its portfolio, it said.

January 8, 2025
BusinessLogisticsFor-HireTop 100

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
BusinessFuel

Shell Flags Lower Gas Earnings as 2024 Ended on a Weak Note

Shell Plc said its natural gas divisions saw lower sales volumes and trading earnings, the latest sign that 2024 ended on a weak note for major energy companies.

January 8, 2025
GovernmentBusinessTechnology

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
BusinessEquipmentTCA

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
BusinessPrivate

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
GovernmentBusinessTechnologyEquipmentFuel

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