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Business, Technology, Equipment, Fuel, Logistics, For-Hire, Private, Global Freight

Nikola Leads Field in Hydrogen Fuel Cell EV Deployment

Hydrogen fuel cell electric vehicles may be envisioned as the future workhorse of a decarbonized longhaul freight sector, but their development has proceeded at a measured pace.

Keiron Greenhalgh | Staff Reporter
November 7, 2024
Business, Logistics, For-Hire, Private, Global Freight

Retailers Offer ‘Returnless Refunds’ to Reduce Shipping Fees

Returnless refunds are a tool that more retailers are using to keep online shoppers happy and to reduce shipping fees, processing time and other ballooning costs from returned products.

Haleluya Hadero | Associated Press
November 4, 2024
Business, Private, Top 100

PepsiCo to Close Four US Bottling Plants, Cut 400 Jobs

The news follows PepsiCo's confirmation of the Chicago plant's full closure earlier in the week. Sales, delivery and warehouse functions will continue at the other three locations.

Dee-Ann Durbin | Associated Press
October 30, 2024
Business, Private, Top 100

PepsiCo to Close Chicago Plant, Offer 60 Days’ Pay

PepsiCo said the decision was difficult, but it described the 60-year-old building as a facility with “physical limitations.” The company said it would pay workers for the next 60 days

Dee-Ann Durbin | Associated Press
October 28, 2024
Government, Business, Equipment, Private

American Tire Seeks Bankruptcy After Deal With Lenders

American Tire Distributors, which sought bankruptcy protection in 2018 after the defection of two major manufacturers, has filed for Chapter 11 again as it considers a sale process to cut debt.

October 23, 2024
Business, Logistics, For-Hire, Private, Global Freight

Walmart Challenges Amazon With Prescription Delivery

Walmart Inc. will start delivering prescriptions to U.S. homes in as little as 30 minutes, a move that’s intended to grab a bigger slice of online spending and compete against Amazon.com Inc.

Jaewon Kang | Bloomberg News
October 22, 2024
Business, Technology, Logistics, For-Hire, Private, Global Freight

Consumers Switch to Slower Shipping, Squeezing UPS, FedEx

More people are switching to slower delivery options to save money, and profits at FedEx Corp. and UPS Inc. are getting squeezed.

Cailley LaPara | Bloomberg News
October 17, 2024
Business, Technology, Logistics, Private, Global Freight

Amazon, Google Make Dueling Nuclear Investments

Amazon on Oct. 16 said it was investing in small nuclear reactors, coming just two days after a similar announcement by Google, as both tech giants seek new sources of carbon-free electricity.

October 16, 2024
Business, Logistics, Private

Walgreens to Close 1,200 US Stores

Walgreens will close about 1,200 locations over the next three years as the drugstore chain seeks to turn around a struggling U.S. business that contributed to a $3 billion quarterly loss.

Tom Murphy | Associated Press
October 15, 2024
Business, Technology, Logistics, Private, Global Freight

Amazon Unveils AI Tool to Help Drivers Find Packages Faster

Amazon.com Inc. unveiled a new artificial intelligence tool designed to help drivers locate packages in cluttered vans.

Spencer Soper | Bloomberg News
October 9, 2024