Category: News

American Tire Distributors Inc., 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.

Danish transport company DSV will start a large bond sale as soon as this year to help pay for its $15.4 billion takeover of DB Schenker ahead of an expected completion in 2025.

Danish transport company DSV will start a large bond sale as soon as this year to help pay for its $15.4 billion takeover of DB Schenker ahead of an expected completion in 2025.

Federal regulators gave a strong push to electric-powered air taxis Oct. 22 by issuing a final rule for operating the aircraft and how pilots will be trained to fly them.

Federal regulators gave a strong push to electric-powered air taxis Oct. 22 by issuing a final rule for operating the aircraft and how pilots will be trained to fly them.

When it comes to cargo theft, thieves can — and do — steal anything.  As more cargo goes missing, insurance premiums for policies to cover the losses start edging higher.

“Tax deadlines should be the last thing that families impacted by these natural disasters are worried about,” Colorado Gov. Jared Polis said.

Paccar Inc.’s profit in the third quarter fell as the truck market continues to normalize, but still beat analyst expectations.

The goal is for the state to use technology to lower weather-related vehicle crashes in West Virginia by warning drivers with real-time alerts about dangerous roadway conditions.

FHWA issued a $10 million emergency relief grant to Virginia on Oct. 18 to immediately pay for road repairs, especially a key freight corridor, damaged by Hurricane Helene.