Business

Boeing is close to finalizing a deal to transfer the lease of its Dreamlifter Operations Center at Paine Field in Everett, Wash., to air cargo carrier FedEx Corp., according to a document reviewed by the Seattle Times that outlines terms of the discussion.

Mullen Group on April 16 signed a definitive share purchase agreement to acquire the Bandstra Group of Cos.

A bidding war is breaking out for Kansas City Southern, with Canadian National Railway making a $33.7 billion cash-and-stock offer for the railway.

Oil rose toward $64 a barrel, a year to the day after futures for the U.S. benchmark collapsed below zero, with the world’s most important commodity extending its rally on bets for better demand.

XPO Logistics announced Mark Manduca will become chief investment officer of its planned spinoff business, GXO Logistics.

Kansas City Southern reported mixed first-quarter earnings.

The U.S. Environmental Protection Agency expects to issue a notice of proposed rulemaking later this year aimed at establishing new emissions standards for oxides of nitrogen (NOx) and other pollutants for highway heavy-duty engines, an EPA official told the S.11 study group of the Technology & Maintenance Council of American Trucking Associations during TMC’s virtual spring meeting.

Volvo Trucks North America on April 19 announced the United Auto Workers has called a strike at its New River Valley truck assembly operations in Dublin, Va.

Republicans on the transportation panel in the U.S. House of Representatives recently introduced a bill designed to streamline aspects of the federal environmental permitting process.

An unlucky fish saw bad go to worse when it was caught by a hungry bird, dropped from the sky and landed on the windshield of a moving truck on Interstate 73 in North Carolina. See the video.