Daimler Truck Sets $2.34 Billion Share Buyback
A Mercedes-Benz eActros electric truck. (Krisztian Bocsi/Bloomberg) Daimler Truck Holding AG will buy back $2.34 billion of its own shares, continuing a policy of returning cash to shareholders while managing the transition to low-emission vehicles. The repurchase program will start during the second half of 2025 and is set to ...more
TFI Q1 Profit Falls on Freight Weakness, TL Tariff Pain
TFI made leadership changes at the U.S. LTL business — TForce Freight — midway through the quarter after a difficult ...more
Walmart Amps Up Discounts to Lure Cost-Conscious Customers
(Dustin Chambers/Bloomberg News) Walmart Inc. is doubling down on discounts, a move to drum up demand and grow market share ...more
United Rentals May Benefit From Tariff Chaos
(United Rentals) United Rentals Inc. could benefit from the unpredictability over tariffs as customers become weary of ownership. “Anytime there’s ...more
FMCSA Approves Two More Intellistop Five-Year Exemptions
Intellistop has faced challenges in securing federal regulatory approval for its flashing brake light system for nearly five years. (Intellistop ...more
Uber, Volkswagen Partner to Deploy Autonomous ID Buzz Vans
Road testing begins later this year. (Uber/Business Wire) Uber Technologies Inc. and Volkswagen AG have partnered to deploy thousands of ...more
UPS Bolsters Health Unit With $1.6 Billion Deal for Andlauer
(Scotty Perry/Bloomberg) UPS Inc. agreed to acquire Canada’s Andlauer Healthcare Group Inc. for $1.6 billion, building out the package handler’s ...more