News

During TFI’s Q4 2024 earnings call with analysts Feb. 20, the company’s top executive said he did not expect any major acquisitions in 2025, after previously promising substantial ones.

Uber Technologies Inc. CEO Dara Khosrowshahi said Elon Musk was not open to making Tesla Inc.’s planned robotaxis available on the ride-sharing platform, making Uber a future competitor.

While Bank of Canada Governor Tiff Macklem insists there’s a limit to a monetary policy response to a tariff war, he has a clear view of the damage it could have on the Canadian economy.

Standard Forwarding Freight bought the assets of Midwest less-than-truckload carrier Standard Forwarding from DHL Freight for an undisclosed sum.

The International Energy Agency, the west’s energy watchdog, is considering reviving one of its long-term energy demand scenarios after criticism from U.S. Republican leaders.

As technology systems helped advanced collaborative freight movements among brokers, carriers and shippers, thieves also have targeted the sector as an area ripe for fraud.

PepsiCo Inc. is eliminating some corporate roles as well as jobs in its U.S. foods divisions, the company said.

Brokers make a distinction between co-brokering, done legitimately as a necessity in a fast-paced business environment, and double-brokering, often done by fraudsters.

Nissan shares jumped after the Financial Times reported that a high-level Japanese group has drawn up plans to seek investment from Elon Musk’s Tesla Inc. to aid the struggling carmaker.

KKR & Co.’s revived attempt to potentially sell container and logistics services provider Goodpack has attracted interest from global investment firms including Apollo Global Management.