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BusinessTechnology

Toll Management Proves Helpful to Curb Mounting Fees

NASHVILLE, Tenn. 鈥 Tolls are a reality for many carriers, and handling the mounting fees associated with traveling through several regions of the country has become a cumbersome challenge.

October 15, 2024
GovernmentBusinessFuel

Biodiesel Projects Win $1.85 Million in Iowa Grants

Iowa is incentivizing biodiesel production with $1.85 million in new biofuel grants announced by state Agriculture Secretary Mike Naig to support rural jobs.

October 15, 2024
GovernmentBusiness

EU Plans Tariff Strategy if Trump Returns to White House

The EU鈥檚 favored approach would be to seek an agreement with Trump on some areas of common interest such as China, said one of the people, who spoke on the condition of anonymity.

October 15, 2024
GovernmentBusinessLogistics

DeSantis Grants SeaPort Manatee $9.5M After Hurricane Milton

Florida Gov. Ron DeSantis awarded SeaPort Manatee a $9.5 million grant to help repair berths and infrastructure after the port sustained $225 million in damages from Hurricane Milton.

October 15, 2024
BusinessLogistics

Americans Plan to Cut Holiday Gift Buying in Hit to Retail

U.S. shoppers say they鈥檙e going to spend less on holiday gifts this year, which would deliver another blow to retailers that have struggled with waning demand.

October 15, 2024
GovernmentBusinessTechnology

EV Chipmaker Wolfspeed Wins $1.5 Billion Financing

Wolfspeed, a manufacturer of chips used primarily in EVs, is in line to win $750 million in U.S. government grants as well as $750 million in financing led by Apollo Global Management.

October 15, 2024
GovernmentBusinessTechnologyEquipment

BMW CEO: EU Combustion Engine Ban Is 鈥楴o Longer Realistic鈥

Europe鈥檚 plan to effectively ban the sale of combustion engine cars from 2035 will lead to a 鈥渕assive shrinking鈥 of its automotive industry, according to BMW AG CEO Oliver Zipse.

October 15, 2024
BusinessLogisticsPrivate

Walgreens to Close 1,200 US Stores

Walgreens will close about 1,200 locations over the next three years as the drugstore chain seeks to turn around a struggling U.S. business that contributed to a $3 billion quarterly loss.

October 15, 2024
Business

Def Leppard Rocks Out at Daimler Truck Event

NASHVILLE, Tenn. 鈥 British rockers Def Leppard performed a surprise show for trucking industry leaders and their guests Oct. 14 at the 2024 Daimler Truck Customer Appreciation Event.

October 15, 2024
GovernmentBusinessLogistics

FedEx鈥檚 鈥楶anda Express鈥 Lands in Washington

A pair of 3-year old giant pandas have left a research facility in Dujiangyan, China, and were flown via FedEx's Panda Express to Washington.

October 15, 2024