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Target Raises Outlook as New CEO Pushes Revamp

Tue Mar 03, 2026
Jaewon Kang
Target's new CEO is setting big expectations for Wall Street and pledging a return to growth powered by trendy new food products, in-store beauty services and other changes.  . . .

ParkPro Adds Truck Parking at NHL’s Florida Panthers Arena

Tue Mar 03, 2026
Transport Topics
An effort to ease truck parking shortages is taking a step forward in South Florida, where ParkPro will open hundreds of parking spaces at Amerant Bank Arena in Sunrise, Fla., this summer. . . .

Kenworth Unveils C580 Heavy-Haul Tractor to Replace C500

Tue Mar 03, 2026
Keiron Greenhalgh
Kenworth introduced the C580 heavy-haul truck to replace the C500, pairing a proven severe-duty chassis with a new cab. The Paccar unit has set production to begin in January 2027. . . .

Trump Says US Will Escort, Insure Tankers for Hormuz Routes

Tue Mar 03, 2026
Bloomberg News
President Donald Trump said the U.S. would provide insurance guarantees and naval escorts to ensure safe passage for oil tankers and other vessels through the Strait of Hormuz. . . .

Senate Confirms McCormack for Top DOT Policy Post

Tue Mar 03, 2026
Eugene Mulero
The Senate recently confirmed Ryan McCormack to serve as under secretary of transportation for policy, filling one of the department’s top strategic roles. . . .

WWEX Sale Gives Thoma Bravo Path to New Logistics Platform

Tue Mar 03, 2026
Ryan Gould
Thoma Bravo agreed a deal to acquire third-party logistics provider WWEX Group — a TT Top 100 logistics company — and merge it with an existing portfolio company. . . .

Trump Warns Spain of Trade Halt After Base Access Dispute

Tue Mar 03, 2026
Tyler Kendall and Daniel Basteiro
“Spain has absolutely nothing that we need other than great people,” President Trump said. “They have great people, but they don’t have great leadership.” . . .