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BusinessPrivate

Bob鈥檚 Furniture Goes Public With $2.2 Billion Valuation

Bob鈥檚 Discount Furniture, a home furnishings retailer backed by Bain Capital, rose 0.1% in its trading debut after the company raised $331 million in a U.S. initial public offering.

February 5, 2026
GovernmentBusinessFuel

ConocoPhillips Presses for Billions Owed by Venezuela

ConocoPhillips CEO Ryan Lance鈥檚 priority in Venezuela is recouping billions his company is owed almost two decades after its oil projects were nationalized, rather than drilling new wells.聽

February 5, 2026
GovernmentBusinessTechnologySafetyLogistics

GenLogs Receives $60 Million to Grow Trucking Intelligence

GenLogs, a startup using roadside sensors and artificial intelligence to combat cargo theft and fraud in the trucking industry, secured $60 million in Series B funding, the company said.

February 5, 2026
BusinessEquipment

December Used Class 8 Truck Sales Gain Year Over Year

Used Class 8 truck sales in December regained positive momentum compared with the prior year after a slight dip ended five consecutive months of year-over-year gains.

February 5, 2026
BusinessEquipment

Tractor Maker Agco Sees Farm Rebound Beginning This Year

While the sale of new machines is set to remain sluggish, growers need to update soon and are increasingly retrofitting existing equipment with AI-packed components.

February 5, 2026
GovernmentBusinessTechnologyEquipment

Canada to Revamp Tariffs to Help Automakers

Prime Minister Mark Carney鈥檚 government plans to change its tariff system to create a stronger financial incentive for automakers to invest in Canada.

February 5, 2026
BusinessTechnologyEquipmentFuel

NACFE Sees Technology Improvements in Messy Middle

Three gas-fueled tractors took part in the Messy Middle, the first such powertrains to contribute to a NACFE program since 2019鈥檚 Run on Less Regional Haul demonstration.

February 5, 2026
BusinessFuel

Phillips 66 to Cut Nearly 300 Jobs as L.A. Refinery Closes

The fuel-making plant has been slated to close since 2024 and the facility, once capable of processing 139,000 barrels of oil a day, refined its final barrel of crude in late 2025.

February 5, 2026
GovernmentBusinessTechnologySafety

FMCSA Warns Carriers of Aggressive Phishing Scheme

FMCSA said motor carriers are being targeted by an aggressive new phishing operation 鈥渢o steal sensitive information or demand illegal payments鈥 while pretending to represent officials.

February 5, 2026
BusinessEquipmentLogisticsFor-Hire

R&R Becomes Latest Trucking Company to Fall

In January, Pittsburgh-based R&R Family of Cos. shut down, according to a source. According to the source and court documents, R&R lost the backing of its largest lender.

February 5, 2026

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