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PepsiCo Lowers Revenue Forecast as Sales Growth Weakens

PepsiCo lowered its organic revenue forecast for the year after U.S. consumers continued to pull back on buying its snacks and drinks.

Dee-Ann Durbin | Associated Press
October 8, 2024
Business, Logistics, For-Hire, Private

Amazon, Target and Other Retailers Ramp Up Holiday Hiring

Retailers are ramping up hiring for the holiday season, but fewer seasonal employees are expected to be taken on this year to help customers in stores and assemble online orders in warehouses.

Haleluya Hadero | Associated Press
October 3, 2024
Business, Logistics, Private, Global Freight

Online Holiday Spending Projected to Rise 8.4%

Steep discounts and easing inflation will compel U.S. shoppers to spend $240.8 billion online in November and December, up 8.4% from last year’s holidays and the biggest increase since 2021.

Spencer Soper | Bloomberg News
September 25, 2024
Business, Technology, Private

PepsiCo Expands EV Fleet to Boost Cost Savings

HANOVER, Germany — Electrification within the PepsiCo fleet is creating cost savings, and the company has plans to scale electric trucks across North America. 

Mindy Long | Special to Transport Topics
September 20, 2024
Business, Safety, For-Hire, Private, Top 100

ATA Honors Professional Drivers During Weeklong Celebration

Top commercial drivers highlighted the trucking workforce’s role in promoting transportation safety and economic prosperity nationwide at an event near the U.S. Capitol.

Eugene Mulero | Senior Reporter
September 20, 2024
Business, Technology, Logistics, Private, Global Freight

Amazon Launches AI Assistant to Help Online Merchants

Amazon.com Inc. is launching an artificially intelligent assistant designed to help online merchants manage their businesses.

Matt Day | Bloomberg News
September 19, 2024
Business, Logistics, Private, Global Freight

Amazon Boosts Warehouse Worker Pay by at Least $1.50 an Hour

Amazon.com Inc. is raising the pay of its hourly warehouse workers by at least $1.50 an hour and tacking on Prime memberships to their benefits package.

Matt Day | Bloomberg News
September 18, 2024
Business, Technology, Logistics, Private, Global Freight

Intel to Make Custom AI Chip for Amazon, Delay German Plant

Intel and Amazon’s AWS will co-invest in a custom semiconductor for artificial intelligence computing — what’s known as a fabric chip — in a “multiyear, multibillion-dollar framework.” 

Ian King | Bloomberg News
September 17, 2024
Business, Technology, Fuel, Logistics, Private, Global Freight

PepsiCo, Maersk, Others Team Up on Electric Truck Pilot

A high-powered coalition is spearheading efforts to electrify the Interstate 10 trucking corridor.

Keiron Greenhalgh | Staff Reporter
September 17, 2024
Government, Business, Private, Top 100

Washington State Moves to Block Albertsons-Kroger Deal

Albertsons and Kroger insist a merger would help them lower prices and better compete with big rivals such as Walmart, Costco and Amazon.

Dee-Ann Durbin | Associated Press
September 16, 2024