Category: News

An affiliate of Ken Griffin’s Citadel has acquired roughly $485 million in Yellow Corp. debt previously owned by Apollo Global Management and other lenders to the bankrupt trucking firm.

VinFast Auto Ltd. soared in its debut as a public company, vaulting its market capitalization beyond that of General Motors Co. as traders flipped shares of the electric vehicle maker.

U.S. retail sales for medium-duty trucks grew 10.9% in July compared with the year-ago period, according to data from Wards Intelligence.

For FedEx Express’ David Fountain, the grand champion from South Carolina, connecting with fellow drivers is the true essence of American Trucking Associations’ annual safety showcase. 

Lordstown Motors Corp. has agreed to pay $40 million to settle a Karma Automotive lawsuit alleging that the company lifted designs and technology to develop its flagship Endurance truck.

Roland Bolduc of FedEx Express will set his sights on this third NTDC title this week. He’ll be packing inspiration — and some dogged determination — when he takes the course.

It came as a surprise at the ports of Los Angeles and Long Beach  when the ports of New York-New Jersey said their complex was the busiest cargo container handler in America.

Tesla Inc. added new lower-range iterations of the Model S sedan and Model X sport utility vehicle to its lineup that cost $10,000 less than their previous base prices.

ATLANTA — Home Depot topped profit and sales expectations in its most recent quarter, but sales continued to decline.

Diesel prices climbed another 13.9 cents a gallon for the fourth straight week of a dime-or-more national average surge, according to data from the Energy Information Administration.