PHILADELPHIA 鈥 Rite Aid said Oct. 16 that it has filed for bankruptcy and obtained $3.45 billion in fresh financing as it carries out a restructuring plan.
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TT's Seth Clevenger, Michael Freeze and Keiron Greenhalgh break down what ACT Expo revealed about trucking's road to sustainability.聽
California Eyes Lawsuit to Block Kroger-Albertsons Deal
California is preparing a lawsuit to block Kroger Co.鈥檚 $24.6 billion acquisition of Albertsons Cos. on concerns the deal could hurt consumers and workers, Attorney General Rob Bonta said.
October 12, 2023Mercedes Challenges Tesla's Battery-Powered Semi
Mercedes-Benz Trucks revealed a heavy-duty #electric #truck to take on Tesla鈥檚 battery-powered Semi, the latest move in the intensifying race to decarbonize road logistics.聽
October 12, 2023PepsiCo Boosts Forecast as Sales Withstand Ozempic Threat
PepsiCo Inc. says appetite-suppressing drugs haven鈥檛 affected sales of its snacks and sodas, though the company is focused on package size as it aims to reach its raised annual forecast.
October 10, 2023Mercedes Unveils Longhaul Electric Truck
Mercedes-Benz Trucks revealed a heavy-duty electric truck to take on Tesla Inc.鈥檚 battery-powered Semi, the latest move in the intensifying race to decarbonize road logistics.
October 10, 2023Love鈥檚 Buys Legal Aid Specialist TVC Pro-Driver
Love鈥檚 Travel Stops bought driver legal aid specialist TVC Pro-Driver for an undisclosed sum on Oct. 4, the truck stop owner said.
October 6, 2023Amazon to Open Pair of Facilities in Virginia Beach
Virginia Gov. Glenn Youngkin has announced Amazon will build a multistory robotics fulfillment center and 鈥渓ast mile鈥 delivery station in Virginia Beach.
September 29, 2023Amazon Violated Worker Rights Settlement, NLRB Says
Amazon.com Inc. was accused by U.S. officials of violating a labor board settlement, paving the way for the government to consider claims that the company tried to suppress union organizing.
September 29, 2023UPS to Hire 30,000 Extra Drivers for Peak Season
UPS Inc. is set to hire more than 30,000 additional drivers for peak season, a mix of package car drivers, commercial driver license drivers and seasonal support drivers.
September 27, 2023FTC Sues Amazon in Landmark Antitrust Case Over Marketplace
The Federal Trade Commission sued Amazon.com Inc. in a long-anticipated antitrust case, accusing the e-commerce giant of monopolizing online marketplace services.
September 26, 2023