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Kroger Doubles Price Cut to $1 Billion Post-Albertsons Merger

Thu, 08/15/2024 - 16:38
Kroger Co. has pledged to cut grocery prices by $1 billion, doubling its initial promise, as it seeks to win regulatory approval for its $25 billion merger with Albertsons Cos.

New Overweight Hauling Law Helps Wisconsin Cheese Makers

Thu, 08/15/2024 - 13:08
Wisconsin cheese makers and the state’s trucking association are applauding the passage of a new law that boosts hauling capacity for dairy farmers.

Top Traffic Inspectors Compete in Indy

Thu, 08/15/2024 - 12:40
Law enforcement traffic specialists will tackle a series of challenges for the chance to define themselves as the nation’s premier safety inspectors at NAIC 2024 in Indianapolis.

Toll Rates Climb on Three Indiana-Kentucky Bridges

Thu, 08/15/2024 - 12:06
Tolling rates rose recently on three bridges connecting Louisville, Ky., and southern Indiana as part of an annual adjustment.

Pennsylvania Transportation Plan Includes $88 Billion

Thu, 08/15/2024 - 09:37
The Pennsylvania State Transportation Commission on Aug. 14 adopted the 2025 12-Year Transportation Program.

In a Surprise, Deere Keeps Outlook Despite Weak Market

Thu, 08/15/2024 - 09:08
Deere & Co. unexpectedly maintained its annual profit outlook as the world’s top tractor maker sought to cut costs in a slumping farm economy.

Walmart Boosts Outlook for 2024

Thu, 08/15/2024 - 08:47
NEW YORK — Walmart had another quarter of strong sales that topped almost all expectations with its comparatively low prices proving a powerful draw for millions.

XPO Explores Sale of European Transportation Business

Thu, 08/15/2024 - 08:18
XPO has revived a sale of its European transportation business, according to people familiar with the matter, almost two years since it last scrapped the attempt to divest the operation.

Uber Freight Launches Major Shipping Platform Update

Thu, 08/15/2024 - 06:00
Building on its 2018 debut, Uber Freight Shipping has expanded beyond streamlined freight quoting, booking and tracking.

Missouri Awarding Grants to Lift Biodiesel, Ethanol Output

Wed, 08/14/2024 - 15:50
The Biofuel Infrastructure Incentive Program, administered by MASBDA, will award grants to biofuel retailers, distributors, terminal companies or fleet operations.

Medium-Duty Truck Sales Rebound After Two-Month Decline

Wed, 08/14/2024 - 12:42
U.S. retail sales of medium-duty trucks in July experienced overall year-over-year gains despite mixed results across vehicle segments, according to data from Wards Intelligence.

California Drivers Face Nation’s Steepest Fuel Tax Mountain

Wed, 08/14/2024 - 10:18
A new fuel analysis names California, Illinois and Pennsylvania as the states with this year’s highest diesel and gas taxes, while Alaska, Mississippi and Hawaii have the lowest.

Westport Posts Slight Revenue Decline Amid Restructuring

Wed, 08/14/2024 - 09:56
The Vancouver, British Columbia-based fuel system component manufacturer posted net income of $5.8 million, or 33 cents per diluted share, for the three months ending June 30.

Polestar Starts US Production to Sidestep Steep EV Tariffs

Wed, 08/14/2024 - 09:03
Polestar Automotive Holding UK Plc has started production of its Polestar 3 sport utility vehicle in the U.S. to sidestep the nation’s tariffs on Chinese-made electric vehicles.

Rheinmetall Expands in US With $950 Million Defense Deal

Wed, 08/14/2024 - 08:40
Rheinmetall AG is set to buy a U.S. military vehicle specialist for $950 million as the German company seeks to expand its position in the world’s largest defense market.

CPI Inflation Slowed Again in July

Wed, 08/14/2024 - 08:13
WASHINGTON — Year-over-year inflation reached its lowest level in more than three years in July, the latest sign that the worst price spike in four decades is fading and setting up the Federal Reserve for an interest rate cut in September.

FedEx Freight’s Light Conquers Pennsylvania

Tue, 08/13/2024 - 20:29
This summer, the one time Mike Light focused all his energy on demonstrating the full prowess of his precision-driving skills, he took home Pennsylvania’s grand champion trophy.

Darling Ingredients Surges on California Proposal

Tue, 08/13/2024 - 16:18
Darling Ingredients soared the most in eight years after California signaled it may limit the use of seed oils in green diesel, which would be a boon to companies that use rival feedstocks.

Cargill Revenue Down as Trader Struggles With Profit Targets

Tue, 08/13/2024 - 15:47
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.

Norfolk Southern Investing $200M to Boost Alabama Capacity

Tue, 08/13/2024 - 13:53
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.

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