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JBS SA, the world’s largest meatpacker, posted earnings that beat expectations as strong demand for chicken and pork helped offset pressure in its U.S. beef business.

FedEx Corp. continued efforts to improve profitability during its fiscal third quarter despite navigating an especially challenging operating environment, the company said.

QXO has agreed to acquire Beacon Roofing Supply in a deal that values the distributor of roofing, waterproofing and exterior products at about $11 billion, including debt.

Transport Topics presented Sustainability Pathfinder awards to IMC Logistics and Werner Enterprises for their exemplary efforts to improve freight efficiency and curb emissions.

American Trucking Associations’ Technology & Maintenance Council honored five professionals with its Silver Spark Plug award during a conference March 10.

Beacon Roofing Supply is in talks to be bought by QXO for about $11 billion including debt after rejecting an earlier takeover approach.

The offer, a roughly 8% premium to Walgreens’ closing price March 6 in New York, will turn one of the oldest, most recognizable U.S. drugstore chains into a private company.

Costco slipped in late trading after the big-box retailer posted profit that missed Wall Street’s expectations. Retailers have taken a more cautious outlook in recent weeks.

Both top U.S. grocery operators are moving on from their respective CEOs only months after a proposed deal to combine their operations was blocked by a federal judge.

The board of directors said it was made aware on Feb. 21 of “certain personal conduct by McMullen and immediately retained outside independent counsel to conduct an investigation.”