The Ford Mustang Mach-E on display at the 2022 North American International Auto Show in Detroit. (Erin Kirkland/Bloomberg News) Ford Motor Co. is joining with South Korean battery-component makers SK On Co. and EcoPro BM Co. to build a cathode active material plant in Quebec worth more than C$1.2 billion ($887 million). The Canadian and ...more
Ron Round said the test was "tough." (John Sommers II for Transport Topics) COLUMBUS, Ohio — Difficult. Overwhelming. Tough. Hard. These were commonly heard descriptions from drivers about the written exam at this year’s “Super Bowl of Safety.” The exam, based on guidelines outlined in American Trucking Associations’ “Facts for Drivers,” tests drivers on industry ...more
Signage outside a Tyson Foods plant in Union City, Tenn. (Luke Sharrett/Bloomberg) Tyson Foods Inc., the biggest U.S. meat company, is exploring options including a potential sale of its China business, according to people with knowledge of the matter. The process is at an early stage and some private equity firms have expressed initial interest ...more
More than 50% of Walmart's annual sales come from the non-discretionary category of food. (Walmart Inc.) NEW YORK — Walmart reported strong second-quarter sales results as the retailer’s low-price model continues to attract budget-conscious consumers in a tough economic environment. The nation’s largest retailer boosted its annual outlook again, sending shares up as much as ...more
Elmo Guillot (dignitymemorial.com) Elmo Guillot, former owner of New Orleans-based Southeastern Motor Freight Inc. and Triple G Express Inc., died on Aug. 12 surrounded by his family. He was 88. Earlier this summer, Guillot, a resident of Metairie, La., was diagnosed with multiple myeloma, a blood cancer that affects bones, said his son Randy Guillot. “He ...more
A wasteland of burned out homes and obliterated communities is left on Aug. 10, 2023 in Lahaina, Hawaii, following a stubborn blaze. (Rick Bowmer/AP) Hawaii has temporarily waived Kahului Harbor wharfage fees for inbound cargo to help relief efforts after the devastating Lahaina fire in Maui on Aug. 8 as one local transport company halted ...more
Jeffrey Langenhahn, competing in the twins class, hopes to recapture the magic of 2014 when he earned grand champion honors. (John Sommers II for Transport Topics) COLUMBUS, Ohio — To understand the evolution of the country’s premier precision-driving tournament, look at the grand champion award. Unveiled five decades after the start of the National Truck ...more
Yellow trucks at a California terminal. (David Paul Morris/Bloomberg News) Estes Express Lines is set to be at the front of any queue to buy the 169 terminals of bankrupt less-than-truckload rival Yellow Corp. after agreeing to submit a $1.3 billion stalking horse bid, a court heard Aug. 17. Richmond-Va.-based Estes will not, however, provide ...more
A Cruise vehicle in San Francisco. (David Paul Morris/Bloomberg News) San Francisco asked California regulators Aug. 16 to halt its approval of Cruise’s and Waymo’s unrestricted commercial expansion in the city, arguing the city “will suffer serious harm” as the companies extend driverless taxi service to daytime hours. The administrative motions City Attorney David Chiu ...more
Every month this year has experienced a year-over-year decline since closing out 2022 at the second-highest level on record. (Utillty Trailer Manufacturing Co.) U.S. trailer orders continued the trend of year-over-year declines in July despite experiencing a significant sequential turnaround, according to ACT Research. Preliminary data shows orders decreased 41.1% year-over-year to 10,000 from 16,997, ...more
