Caterpillar Falls as Shrinking Backlog Raises Demand Worry
Caterpillar Inc. shares tumbled in premarket trading after the company said its order backlog shrank in the third quarter, in a sign of slowing demand for its iconic yellow machine
Court Approves Yellow Administrators’ Auction Plans
A court on Oct. 27 approved plans by the administrators of bankrupt less-than-truckload carrier Yellow Corp. to use auctioneers to sell the company’s rolling stock, documents sho
Diesel Price Drops 9.1¢ to $4.454 a Gallon
The national average diesel price fell by nearly the same amount it increased a week ago, falling 9.1 cents to $4.454 a gallon, according to Energy Information Administration data
XPO Reports Revenue Increase Despite Tough Conditions
XPO posted an increase in revenue but a dip in profit during the third quarter amid a challenging freight environment, the company said Oct 30.
New Speaker Johnson Faces Array of Pressing Issues
Capitol Agenda: New Speaker of the House has myriad pressing issues in front of him. “I will ensure the House delivers results and inspires change for the American people,
Crossword Puzzle Solution for October 30, 2023
Here’s the solution to the crossword puzzle found in the October 30, 2023 print edition.
ADM Strikes Supply Deal for US Plant-Based Chemical Factory
Archer Daniels Midland Co. has agreed to supply biochemical maker Solugen Inc. with raw materials needed to make plant-based acids at a plant to be built in southwest Minnesota.
‘Autonomy Is the Future,’ Says California Gov. Newsom
In 30 years, California Gov. Gavin Newsom thinks we’ll wonder why we ever let human drivers on the road, he told reporters Oct. 29 after touring a Tesla car factory in Shanghai.
Mack, UAW End Latest Labor Talks With No Deal
Negotiations between Mack Trucks and the United Auto Workers union over a labor agreement ended Oct. 26 with no new master contract in place, the Volvo Group subsidiary said.