Home Depot Challenges Brad Jacobs-Led QXO for Supplier Deal
(Wilfredo Lee/AP/File) Home Depot Inc. has made an offer for GMS Inc., potentially setting off a bidding war with QXO Inc. which this week made a $5 billion offer for the building products distributor, the Wall Street Journal reported June 19. The offer from Home Depot, the world’s largest home-improvement ...more
July Class 8 Sales Up 2.5% Year-Over-Year
Navistar's headquarters in Lisle, Ill. The company's International Trucks brand sold 3,039 units in July, a 36.3% increase year-over-year. (Christopher ...more
FMCSA Will Accept Challenges to Meal-Rest Break Pre-emption Ruling
FMCSA's pre-emption decision was upheld in January 2021 by the 9th U.S. Circuit Court of Appeals, supporting the 2018 determination ...more
Yellow Looks to Finalize Bankruptcy Loan by Aug. 15
Yellow Corp. trucks parked at a facility in Hayward, Calif., Aug. 2. (David Paul Morris/Bloomberg News) Negotiations between Yellow Corp. ...more
FY24 Funding Bills to Top Agenda After Recess, Schumer Says
The federal government’s current funding authority is set to expire Oct. 1. (Bloomberg News) Ensuring federal agencies are funded through ...more
Trucking Industry Reports Predictably Weak Q2
One analyst noted that while conditions are still bad, they don’t seem to be getting much worse. (Aziz Shamuratov/Getty Images) ...more
Truck Stop Coming to Rural North Carolina Highway
Trucks are parked at a Love's Travel Stop in Oklahoma. The company is expected to open a location near Spindale, ...more