Nikola Bankruptcy Leaves Truck Buyers Scrambling
Carriers spent considerable amounts of hard-earned cash on the Tre tractors, even as Nikola executives hunted for a financial backer for many months. (Andreas Gebert/Bloomberg) If the manufacturer of the trucks you bought implodes, what do you do? After Nikola Motors filed for Chapter 11 bankruptcy protection on Feb. 19, ...more
Trump’s China Ship Fees Set to Hit Global Shipping Giants
A fully loaded Cosco containership enters the Port of Long Beach in California. (Tim Rue/Bloomberg News) Containerships, the workhorses of ...more
Lowe’s Homes In on Professional Customers in $1.3 Billion Deal
A Lowe's store in the Brooklyn borough of New York. (Yuki Iwamura/Bloomberg News) Lowe’s Cos. has agreed to buy an ...more
Mexico Halts Fuel Imports at Texas Border as Inspections Rise
Tanker trucks wait at a storage and dispatch terminal of Petroleos Mexicanos. (Felix Marquez/Associated Press) Fuel shipments from Texas headed ...more
Mississippi to Hike Motor Fuel Taxes for First Time in 38 Years
A tanker truck driver delivers fuel in Jackson, Miss. The state's motor fuel taxes have not increased since 1987. (Rogelio ...more
DHL to Invest $1.1B in North American Health Care Logistics
The strategy is one leg of a more wide-ranging plan to raise the logistics giant’s revenue by 50% by 2030. ...more
EU Expects US Tariffs to Stay as Talks Make Little Progress
European Union flags at the European Commission in Brussels. (Mlenny/Getty Images) The European Union and U.S. made scant progress bridging ...more