News

An indictment in a New Orleans-area scheme to stage crashes with tractor-trailers names two law firms, two individual attorneys and multiple participants in a sweeping conspiracy.

The Biden administration is weighing new, harsher sanctions against Russia’s lucrative oil trade, seeking to tighten the squeeze on the Kremlin’s war machine.

This fireside chat recap is from FreightWaves’ Domestic Supply Chain Summit on Wednesday. FIRESIDE CHAT TOPIC: Evaluating M&A prospects for 2025 DETAILS: The transportation M&A market appears on a track for a rebound…

Offers for $192.5 million of Yellow Corp.’s real estate are before a federal bankruptcy court, according to a Tuesday filing. Privately held less-than-truckload carriers Estes and R+L Carriers are the named suitors. The…

A host of ocean container lines are adding the Port of Jacksonville, Florida, to their services in 2025. The new calls come as Maersk and Mediterranean Shipping Co. (MSC) dissolve their 2M Alliance vessel-sharing agreement as…

Mondelez International’s latest overture to Hershey underscores the challenges posed by high cocoa prices and penny-pinching consumers, which could make the company more open to a deal.

The main owner of chocolate maker Hershey has rejected a preliminary takeover offer from Mondelez International Inc., people familiar with the matter said.

Continental AG Chief Financial Officer Olaf Schick will step down from his post next year to join carmaker Mercedes-Benz Group AG.

Exxon Mobil will raise capital spending next year as its $60 billion purchase of Pioneer Natural Resources increases its oil production plans, threatening to worsen an expected crude glut.