������ý

The Bellevue, Wash.-based truck maker posted a profit of $872 million or $1.66 per diluted share in the fourth quarter of 2024, down 38.5% compared with $1.42 billion, $2.70, in 2023.

A truck leasing task force that studied the prevalence of predatory practices in truck lease-purchase agreements determined that truck drivers often fall prey to unscrupulous actors.

Pentwater, the third-largest investor in U.S. Steel, said it opposes moves by activist investor Ancora Holdings Group to shake up the board of the American steelmaker.

Continental AG said its automotive unit will struggle to increase sales this year as the German supplier pushes ahead with plans to spin off the ailing division despite the car industry downturn.

WASHINGTON — Former congressman Sean Duffy was confirmed by a vote of 77-22.

Bulk carrier Atlas Energy Solutions began shipments of proppant on two driverless trucks equipped with self-driving technology from Kodiak Robotics recently, the companies said.

General Motors swung to a loss in the fourth quarter on huge charges related to China, but still topped profit and revenue expectations on Wall Street.

Trimac Transportation acquired flatbed and specialized haulage carrier Watt & Stewart for an undisclosed sum.

“I want to have a stake in something that I’m going to be involved in,” Alan Kestenbaum said Jan. 27 in an interview. “If I get the chance to run the show, I’ll invest in myself.”

Minnesota carrier aims to meet the growing needs of existing shippers, particularly in industries requiring transportation of construction materials, machinery and equipment.