Category: News

Beacon Roofing Supply has started soliciting interest from potential buyers as it looks to fend off an $11 billion takeover bid from rival QXO Inc., people familiar with the matter said.

NASHVILLE, Tenn. — Tire manufacturer Bridgestone Americas is closing its LaVergne, Tenn., truck and bus radial tire plant and laying off 700 workers there, the company said in a release.

Wisconsin Gov. Tony Evers granted $10.8 million on Jan. 15 for five harbor infrastructure projects to improve the movement of freight and the state’s supply chain.

Canada’s industry minister said Amazon’s decision to shut down all warehouses in Quebec and cut close to 2,000 jobs would prompt the government to examine its current deals with the company.

Some steelmakers in Canada and Mexico are telling customers that they are refusing new orders to the U.S. on concerns that President Donald Trump soon will reimpose duties.

The Trump administration will review a rule adopted under President Joe Biden that would require carmakers to install automatic emergency braking systems on new vehicles.

In addition to installing video-based safety systems in the cabs of their trucks, some fleet operators also are deploying cameras on the side of the truck and even rear cameras on the trailer.

TORONTO — The leader of Ontario said Jan. 24 he will be calling an election next week because he needs a mandate to fight U.S. President Donald Trump’s threatened tariffs.

DETROIT — There is optimism about the EV industry’s future in Michigan, a state retooling from America’s most recognizable auto hub to its No. 1 destination for electric vehicle investment.

U.S. President Donald Trump has raised the stakes for a meeting of an OPEC+ ministerial panel next month, with his call for the group to lower oil prices.