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BusinessTechnologyEquipmentFuel

Quebec Investors to Acquire Bankrupt Lion Electric

An investor group involving Montreal real estate tycoon Vincent Chiara is set to take control of bankrupt Lion Electric, offering new capital to keep the electric bus and truck maker alive.

May 16, 2025
BusinessPrivateTop 100

CVS Bids for Rite Aid Stores in Pacific Northwest

CVS Health is trying to buy stores and patient data from Rite Aid, the beleaguered pharmacy chain that is going out of business after filing for bankruptcy a second time earlier this month.

May 15, 2025
BusinessEquipment

Deere Swells to Record on Optimism for Farm Economy

Deere & Co. jumped to a record after earnings beat the highest of analyst estimates, even as the world鈥檚 largest farm machinery maker trimmed its profit outlook for the year.

May 15, 2025
GovernmentBusinessLogistics

Fed鈥檚 Barr Says Supply Chain Chaos Could Boost Inflation

Federal Reserve Governor Michael Barr said the economy is on solid ground, but warned tariff-related supply chain disruptions could lead to lower growth and higher inflation.

May 15, 2025
BusinessTechnologyEquipment

Smart Trailer Tech in Action: How Wayfair is Driving Operational Excellence

Program Aired: May 15, 2 p.m. ET聽Alec Matson, Sr. Manager of Transportation for Wayfair, and Mark Wallin, General Manager & SVP of Product for Phillips Connect, join TT's Michael Freeze to discuss why Wayfair choose to invest in smart trailer technology, how their day-to-day operations changed, and what steps you need to take to modernize your fleet's trailer management.聽

May 15, 2025
GovernmentSafety

FHWA Nominee McMaster Promotes Permitting Reform, Safety

Sean McMaster, nominee to lead the Federal Highway Administration, appeared before the Senate Environment and Public Works Committee on May 14, the first step of his confirmation process.

May 15, 2025
GovernmentBusinessSafety

Ford Recalls 274,000 Navigator, Expedition SUVs

Ford is recalling nearly 274,000 of its Expedition and Lincoln-branded Navigator SUVs due to an issue that may cause a loss of brake function while driving, increasing crash risks.

May 15, 2025
GovernmentSafetyLogistics

House Panel Weighs Input on Highway Funding Priorities

The transportation panel in the U.S. House of Representatives recently reviewed proposals from its colleagues as a way to inform an upcoming multiyear highway policy measure.

May 15, 2025
BusinessFuel

Global Oil Demand Growth to Slow For Rest of 2025, IEA Says

Global oil demand growth will slow during the remainder of 2025 after a robust first quarter due to 鈥渆conomic headwinds,鈥 the International Energy Agency said.

May 15, 2025
GovernmentBusinessLogisticsPrivateGlobal Freight

Walmart Says It Will Raise Prices Due to Tariff Costs

Walmart鈥檚 first-quarter profit slipped and it said it must raise prices due to higher costs from tariffs implemented by President Donald Trump.

May 15, 2025

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