Kroger Plans to Close 60 US Stores to Improve Profit
(Luke Sharrett/Bloomberg News) Kroger plans to close around 60 U.S. grocery stores over the next 18 months to improve efficiency. The Cincinnati-based company announced the plan during a corporate earnings call June 20. The company hasn’t said which stores it plans to shutter, but said the closures will happen around ...more
July Used Class 8 Sales Decline 9.3% Year-Over-Year
The used truck market is changing every day, says James Rys of House of Trucks. (House of Trucks via Facebook) ...more
Tesla to Supply Hilton Hotels With 20,000 EV Chargers
The installations are expected to be completed by 2025. (Hilton) Hilton Worldwide Holdings Inc. is partnering with Tesla Inc. to ...more
New York’s Port of Oswego Wins $4 Million Federal Grant
The port project is expected to create 19 jobs and generate $50,000 in private investment. (Port of Oswego Authority) Secretary ...more
Former Ford, VW Executives Start Stack AV
An autonomous truck in Stack AV’s test fleet. (Stack via Bloomberg) The founders of the former self-driving unit of Ford ...more
Biden Will Nominate Michael Whitaker as Next FAA Chief
Former FAA Deputy Administrator Michael Whitaker on Capitol Hill in 2015. (Andrew Harnik/Associated Press) President Joe Biden will nominate a ...more