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Government, Business, Logistics, Private

Kroger, Albertsons CEOs Face Senate Questions Over Merger

Senators pressed the CEOs of Kroger Co. and Albertsons Cos. on Nov. 29 about whether their proposed $24.6 billion deal to create a supermarket giant will benefit consumers in an era of rising inflation.

Leah Nylen and Brendan Case | Bloomberg News
November 30, 2022
Business, Logistics, Private

Walmart’s Grocery Gains Power Sales Beat and Stock Jump

Walmart Inc. jumped Nov. 15 after the retail giant reported strong quarterly results and boosted its annual forecast, putting its shares on pace to erase this year’s losses.

Janet Freund | Bloomberg News
November 15, 2022
Business, Logistics, Private

Amazon to Take Hawaiian Airlines Stake in Cargo-Hauling Deal Inc. is poised to take a stake in the parent of Hawaiian Airlines as part of a deal to expand the e-commerce giant’s cargo-hauling operations.

Mary Schlangenstein | Bloomberg News
October 21, 2022
Business, Logistics, Private, TCA

Amazon Boosts Fort Worth Alliance to One of Nation’s Busiest Cargo Airports

Fort Worth Alliance airport now ranks among the 20 largest cargo airports in the country by landed weight, according to Federal Aviation Administration data, in large part due to Prime Air's distribution hub.

Kyle Arnold | The Dallas Morning News
October 19, 2022
Technology, Private, TCA

Amazon’s Hurricane Disaster Program Provides Relief in Tampa Bay

Amazon had donated more than 1.5 million items for victims of the Category 4 storm that hit Florida in early October to charities like the Red Cross and South Florida disaster nonprofit Global Empowerment Mission.

Bernadette Berdychowski | Tampa Bay Times
October 14, 2022
Business, Private

Kroger Eyes Merger With Albertsons

Kroger Co. is in talks about a tie-up with rival Albertsons Cos. in a deal that would create a U.S. grocery giant, people familiar with the matter said.

October 13, 2022
Business, Private

PepsiCo Lifts Outlook as Drink, Snack Sales Buck Inflation

PepsiCo Inc. said its playbook for battling inflation is still working, with price hikes fueling double-digit gains in sales despite lower volumes of snack purchases.

Brett Pulley | Bloomberg News
October 12, 2022
Business, Technology, Equipment, Fuel, Private

Volvo, Mack, Tesla Show Gains With BEVs

Truck makers both large and small recently announced deals and timetables for more of their battery-electric trucks reaching customers.

Roger Gilroy | Senior Reporter
October 7, 2022
Government, Business, Safety, Logistics, For-Hire, Private

Broad Relief Efforts Converge After Hurricane Ian

Trucking companies, government entities and nonprofit groups responded to the devastation wrought along Florida’s Gulf Coast by Hurricane Ian last month with relief efforts for the many areas affected by the storm, and are working to overcome challenges in getting aid to those in need.

Dan Ronan | Senior Reporter
October 6, 2022
Business, Equipment, Logistics, Private

Amazon Plans to Hire 150,000 Workers for Holiday Season Inc. plans to hire 150,000 seasonal workers, about the same as last year despite slowing sales and predictions of a lackluster holiday shopping season.

October 6, 2022