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BusinessPrivate

Cargill Revenue Down as Trader Struggles With Profit Targets

Cargill Inc. took a revenue hit of almost 10% in its most recent fiscal year, a decline that comes amid signs of profit struggles at the world’s biggest crop trader.

August 13, 2024
GovernmentBusinessTechnologyLogistics

Norfolk Southern Investing $200M to Boost Alabama Capacity

Norfolk Southern will invest $200 million to grow capacity on a key Alabama rail line in a freight corridor for agriculture, automotive, chemicals, forestry and steel goods.

August 13, 2024
GovernmentBusinessTechnologyEquipment

Peterbilt Showcases Electric Vehicles

SONOMA, Calif. — Peterbilt is working with its dealers and customers to deploy end-to-end solutions for electric vehicle applications and meet regulatory requirements.

August 13, 2024
GovernmentBusinessPrivate

Kroger and Albertsons Spend More Than $800M on Merger Fees

Kroger Co. and Albertsons Cos. have spent more than $800 million on fees paid to lawyers, bankers and advisers for their proposed merger.

August 13, 2024
GovernmentBusinessLogistics

New Texas-Mexico Border Lanes Speed Up Commercial Traffic

U.S. CBP officers can now inspect more inbound trucks from Mexico at a border crossing into Texas since construction is complete on an $8 million project donated by the City of Pharr.

August 13, 2024
BusinessTechnology

News: Bestpass & Drivewyze Join Forces in Major Acquisition

Bestpass-Fleetworthy Solutions has acquired connected truck and weigh station network operator Drivewyze, the companies announced Aug. 7. 

August 13, 2024
BusinessEquipmentBreaking News

Class 8 Truck Sales End Nearly a Year of Declines

U.S. Class 8 retail sales ended 11 consecutive months of year-over-year declines with a small uptick in July, according to data from Wards Intelligence.

August 13, 2024
BusinessEquipment

REPLAY: Coordinate - Learning Sessions for Equipment and Maintenance Executives

Parts supply chain management requires the precise coordination of a number of ingredients - sourcing the right parts, keeping your inventory up-to-date, maintaining your distribution network and more. Understanding the anatomy of the parts supply chain is key to meeting your current challenges and finding opportunities for optimization. What can you do to improve how you source parts? How proactive do you need to be in managing your inventory? And, does greater visibility into the links of the supply chain mean greater efficiency? 

August 13, 2024
GovernmentBusinessLogistics

Canadian Labor Board Leaves Door Open for Rail Strike

The ruling found that a work stoppage between the Teamsters and rail companies would not pose an immediate threat to public health and safety, meaning a strike could occur as soon as Aug. 22.

August 13, 2024
GovernmentBusinessTechnologyEquipmentSafety

Ford, Mazda Warn Owners About Takata Air Bag Inflators

DETROIT — Ford and Mazda are warning the owners of more than 475,000 older vehicles not to drive them because they have dangerous Takata air bag inflators that have not been replaced.

August 13, 2024