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US Steel Investor Pentwater Opposes Ancora’s Proxy Proposal

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.

January 28, 2025

Senate Confirms Sean Duffy for DOT Secretary

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

January 28, 2025

Atlas Energy Begins Driverless Truck Deliveries to Wells

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.

January 28, 2025

Spring-Ride vs. Air-Ride: Cost-Effective Trailer Solutions

Discover the advantages of spring-ride suspensions over air-ride. This whitepaper explores cost savings, maintenance, and performance insights, offering practical advice for selecting the best trailer solution to maximize uptime and efficiency across various applications.

October 1, 2024

GM Reports Q4 Loss on Charges Related to China

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.

January 28, 2025

Trimac Buys Flatbed Specialist Watt & Stewart

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

January 27, 2025

Ancora-Backed CEO Candidate Proposes US Steel Overhaul

“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.”

January 27, 2025

Bay and Bay Expands Flatbed Operations

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

January 27, 2025

Kia Recalls 80,000 Vehicles Over Air Bag Issue

Kia America Inc. has announced a recall of more than 80,000 Kia vehicles due to improper floor wiring that may impact the vehicle’s air bag deployment.

January 27, 2025