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Business, Private, Global Freight

Walmart Delivers Strong First Quarter

NEW YORK — Walmart Inc. reported another quarter of strong results May 16 as its low prices pull in shoppers scouring for discounts with inflation stubbornly high.

Anne D’Innocenzio | Associated Press
May 16, 2024
Business, Logistics, Private, Global Freight

Amazon Workers Say They Struggle to Afford Food, Rent

Five years after Inc. raised wages to $15 an hour, half of warehouse workers surveyed by researchers say they struggle to afford enough food or a place to live.

Matt Day | Bloomberg News
May 15, 2024
Business, Technology, Equipment, Fuel, Logistics, Private, Global Freight

Amazon Chooses Volvo VNR Electric as First Class 8 BET in US

E-commerce giant Inc. plans to deploy 47 Volvo VNR Electric tractors across its Southern California operations, its first Class 8 battery-electric trucks.

Keiron Greenhalgh | Staff Reporter
May 14, 2024
Government, Business, Technology, Private, TCA

Performance Food Group Takes Electric Plunge

Performance Food Group has seven electric trucks, supported by an array of charging stations, an upcoming installation of solar panels and a fleet of all-electric refrigerated trailers.

Luis Melecio-Zambrano | The Mercury News
May 1, 2024
Business, Technology, Logistics, Private, Global Freight

Amazon Sees Strong Q1 Results Driven by Cloud-Computing Unit

NEW YORK — Amazon reported strong results for the first quarter, driven by growth in its cloud-computing unit and a new surge of advertising dollars from its Prime Video streaming service.

Haleluya Hadero | Associated Press
April 30, 2024
Business, Private

ADM Shares Fall as CEO Cites Transition From Boom Years

Archer-Daniels-Midland Co.’s shares slumped as the agribusiness giant warned of pressured margins for the remainder of the year, even as quarterly earnings beat estimates.

Gerson Freitas Jr. | Bloomberg News
April 30, 2024
Business, Technology, Fuel, Private

Air Products Plans Alberta Hydrogen Truck Refueling Network

Air Products plans to build a network of hydrogen refueling stations between Edmonton and Calgary in Alberta for trucks, the industrial gas giant said.

Keiron Greenhalgh | Staff Reporter
April 30, 2024
Business, Private

PepsiCo Beats Q1 Revenue Forecasts

PepsiCo reported better-than-expected revenue in the first quarter on strong international demand for its snacks and beverages.

Dee-Ann Durbin | Associated Press
April 23, 2024
Government, Business, Private

Kroger, Albertsons Agree to Divest More Stores

Kroger Co. and Albertsons Cos. agreed to divest more stores to C&S Wholesale Grocers, seeking to make their planned $24.6 billion merger more appealing to antitrust authorities.

John J. Edwards III | Bloomberg News
April 22, 2024
Business, Logistics, Private, Global Freight

Amazon Prime Memberships in US Gain 8% to New High Inc.’s Prime subscription service hit a new high of 180 million U.S. shoppers in March, up 8% from a year earlier, according to Consumer Intelligence Research Partners.

Spencer Soper | Bloomberg News
April 16, 2024