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The sale would be the second multibillion-euro industrial carveout in Germany this year, as bankers are assembling debt packages to back an acquisition of Continental’s ContiTech unit.

UniFirst is engaging with Cintas after its larger rival resubmitted a $275-a-share takeover offer in December, Bloomberg reports. Cintas has been pursuing UniFirst for years.

A Supreme Court decision on the legality of the levies is pending. Chinese company BYD's American units said they brought their suit as they’re not assured of a refund.

The bridge project was negotiated by former Michigan Gov. Rick Snyder and paid for by the Canadian government to help ease congestion over the Ambassador Bridge and Detroit-Windsor tunnel. 

Improving store experiences is among new CEO Michael Fiddelke's key priorities as he seeks to reverse the retailer’s extended streak of weak sales.

Truckload Carriers Association selected trucking policy expert Jim Mullen as its next president Feb. 9. Mullen, who steps into the role April 6, possesses a deep trucking background.

“The agreement will provide U.S. and Bangladeshi exporters unprecedented access to each other’s respective markets,” the White House said in a statement.

Paladin is the latest in a growing list of larger carriers to either shutter operations or declare bankruptcy amid the ongoing freight rate recession, including R&R Family of Cos.

Performance Food Group is on the hunt for further acquisitions after a quarter that saw profit and its war chest for deals swell even as a proposed merger with US Foods collapsed.

CEO Mario Harik cites reduced damages and improved service quality that set company records in 2025 as a reflection of a commitment to enhanced customer experience.