QXO agreed to buy Kodiak Building Partners to expand its construction products business into key U.S. markets. The deal will be funded with $2 billion of cash and 13.2 million shares.
February 11, 2026Search
Showing 10 of 161 results
Truck Driver Labor Pool Shows Signs of Q4 Tightening
The pool of available truck drivers showed signs of tightening during the fourth quarter amid a freight market that continues to face headwinds, according to experts.
February 10, 2026Walmart Invests $330M to Update Louisiana Distribution Center
Modernization is slated to start next year at Walmart's Opelousas distribution center near Interstate 49 and U.S. Route 190. The facility is located some 60 miles west of Baton Rouge.
February 6, 2026Amazon Delivers Strong Q4 Sales but Misses on Earnings
Amazon reported fourth-quarter earnings slightly below Wall Street estimates even as sales surged and it reported the fastest growth in its prominent cloud computing business in 13 quarters.
February 5, 2026International to Lay Off 300 Staff Due to Weak Truck Demand
Demand for trucks did not improve as 2025 progressed and what carrier executives have characterized as the longest North American freight market downturn in a half-century continued.
February 4, 2026Walmart Joins $1 Trillion Club as Frugal Shoppers Fuel Gains
Recent investments in artificial intelligence have helped supercharge the stock’s advance. Walmart has been pushing to incorporate AI across its operations.
February 3, 2026Pilot, Tesla to Build Charging Sites for Semi at Truck Stops
Pilot Travel Centers is teaming up with Tesla to build a series of charging stations catering to the Elon Musk-led manufacturer’s Class 8 battery-electric Semi tractor, mostly in Western states.
January 30, 2026Amazon Cuts 16,000 Corporate Jobs in Latest Round of Layoffs
Amazon has said it plans to use generative artificial intelligence to replace corporate workers. It has also been reducing a workforce that swelled during the pandemic.
January 28, 2026Autonomous Trucking Firm Gatik Inks Contracts Worth $600M
Autonomous startup Gatik signed a deal with a major consumer goods company that will double its contracted revenue to $600 million, helping to build out its business in the U.S. and Canada.
January 28, 2026Amazon Is Closing Its Fresh Grocery, Go Convenience Stores
Amazon Fresh and Amazon Go stores will close, the company said in a blog post on Jan. 27, with some locations converted into Whole Foods Market stores.
January 27, 2026