News
Losses in China Lead to $5 Billion Charge for GM
DETROIT — The poor performance of General Motors’ Chinese joint ventures is forcing the company to write down assets and take a restructuring charge totaling more than $5 billion in Q4.
Volatility Retreats in Crude Oil Market
With OPEC+ set to make a pivotal decision on production policy, oil prices remain resolutely rangebound, even with a second Donald Trump presidency imminent.
FreightVana to acquire Loadsmith, grows drop trailer network
Phoenix-based logistics provider FreightVana announced on Wednesday it plans to acquire freight brokerage Loadsmith, further solidifying its position in the power-only logistics market. The acquisition, set to be finalized by…
Behold! Our Favorite Sherry Vinegar
Lille Allen/Jordan Moss On day three of the Eater Advent Calendar, unwrap a dainty bottle of really rich, really savory, really great sherry vinegar with a big chef endorsement Roll over balsamic — sherry vinegar is my acid…
The Oyster Men
How my father taught me how to be a dad, one roasted Lowcountry oyster at a time “Boy, take your time and pay attention to what you’re doing!” I started shucking oysters when I was young — age 5 to be exact. Even still, my…
Unlocking Opportunities in Retail Media: How CPG Brands Are Bridging the Data Gap to Drive Growth and Engagement
By Kevin Dunn, VP of Retail & CPG Sales, LiveRamp Key Takeaways: CPG brands can use retail media networks to access first-party data and overcome historical marketing limitations. Brands are moving beyond traditional…
Descartes reports record results in fiscal Q3
Supply chain software provider Descartes said concerns over potential changes in trade policy are driving increased demand for its global trade intelligence offering. “Every customer that moves multiple products to multiple…
Union, employers resume war of words in East Coast port contract dispute
The war of words resumed this week between port employers represented by the United States Maritime Alliance (USMX), and the International Longshoremen’s Association union and their 45,000 workers at East and Gulf Coast…
FMCSA denies requests to alter accident reporting procedures
WASHINGTON — The Federal Motor Carrier Safety Administration is moving ahead with changes proposed last year to its Crash Preventability Determination Program (CPDP) but has declined to make changes that motor carriers assert…
GXO Logistics CEO Malcom Wilson to retire
GXO Logistics CEO Malcolm Wilson will retire next year after leading the company since 2021, GXO announced Tuesday. Wilson informed GXO’s board of directors that he plans to retire in 2025 but will continue to lead the…
