General News
US Lowers Reciprocal Tariff on Bangladeshi Goods
“The agreement will provide U.S. and Bangladeshi exporters unprecedented access to each other’s respective markets,” the White House said in a statement.
Quickway Owner Seeks Buyer for Carrier After Chapter 11 Filing
Paladin is the latest in a growing list of larger carriers to either shutter operations or declare bankruptcy amid the ongoing freight rate recession, including R&R Family of Cos.
Crossword Puzzle Solution for February 9, 2026
Here's the solution to the crossword puzzle found in the February 9, 2026 print edition.
PFG Eyes Acquisitions, Builds War Chest After Merger Fails
Performance Food Group is on the hunt for further acquisitions after a quarter that saw profit and its war chest for deals swell even as a proposed merger with US Foods collapsed.
XPO Focuses on Improvements After Mixed Q4 Results
CEO Mario Harik cites reduced damages and improved service quality that set company records in 2025 as a reflection of a commitment to enhanced customer experience.
US Tells American Ships to Keep Away From Iran Amid Tensions
The warning comes just days after U.S. and Iranian officials held diplomatic talks in Oman on Feb. 6, following President Donald Trump’s repeated threats on Tehran with airstrikes.
FedEx Leads Investors for $9.3 Billion InPost Buyout
Investors led by buyout firm Advent International and FedEx are seeking to buy Polish parcel-locker company InPost in a deal that values the business at $9.3 billion.
Ocado May Cut Up to 1,000 Jobs in Cost-Cutting Drive
Ocado in December said it would receive a one-time cash payment of $350 million from Kroger after the U.S. grocer decided to close three automated warehouses and scaled back plans for a wider rollout.
Kroger Names Former Walmart Executive Foran as Its New CEO
Greg Foran led Walmart's U.S. division for six years before departing in 2019. While there, he introduced online ordering and pickup, and accelerated Walmart's digital capabilities.
Walmart Invests $330M to Update Louisiana Distribution Center
Modernization is slated to start next year at Walmart's Opelousas distribution center near Interstate 49 and U.S. Route 190. The facility is located some 60 miles west of Baton Rouge.
Cruz Advocates for National Autonomous Framework
Congress’ upcoming highway policy measure would be an ideal fit for federal guidance specific to autonomous vehicles, says the chairman of the Commerce Committee on freight policy.
Love’s to Add 1,500 Parking Spaces, 20 Locations in 2026
The additions will raise Love’s truck parking space total to 52,000 spots nationwide by the end of 2026, the company said. Love’s currently operates 669 locations in 42 states.
Werner Shifts Away From One-Way During Tough Q4
“We see signs of encouragement for the industry and Werner as we move into 2026,” Werner CEO Derek Leathers said during a call with investors.
Tight Truckload Capacity Among Factors in RXO's Q4 Net Loss
Asset-light transportation provider RXO reported significant sales momentum in Q4 2025, despite the current freight environment, as truckload capacity continued to tighten.
Cummins Weighs Stronger Prospects for EPA 2027 Pre-Buy
A rosier picture is certainly welcome after what Cummins Chief Financial Officer Mark Smith called “a long dry spell” for the heavy-duty truck sector in North America.
Waymo Says Genie 3 Simulations Can Boost Robotaxi Rollout
Alphabet’s Waymo said it is using DeepMind’s Genie 3 AI model to create realistic, digital worlds for its autonomous driving technology to train on edge-case scenarios.
Exxon, Chevron Want In as Trump Remakes Global Oil Market
The U.S. is backing Exxon and Chevron as they negotiate in Venezuela, Iraq, Libya, Algeria, Azerbaijan and Kazakhstan, according to public announcements and people familiar with the talks.
BYD’s $60B Wipeout Points to Deeper Turmoil for China EVs
BYD’s Hong Kong-listed shares are down this week after disappointing sales data, extending a selloff that has shaved off more than $60 billion in market value since May.
Stellantis Takes $26 Billion in Charges Tied to EV Retreat
Stellantis CEO Antonio Filosa blamed predecessor Carlos Tavares for going all-in on electric vehicles and failing to respond to shifts in the marketplace.
Toyota Names Kenta Kon as Next CEO in Surprise Announcement
Kenta Kon, 57, on Feb. 6 was unexpectedly announced as the next CEO of Toyota, to replace Koji Sato, who will become vice chairman in April after three years in the role.