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, 2025Search
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Justin Olsen, maintenance director at TCW, breaks down the hidden impact of poor trailer management on operations, compliance and safety.
Continental Sees Tough Climate in Auto Unit’s Spinoff Year
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.
January 28, 2025Senate Confirms Sean Duffy for DOT Secretary
WASHINGTON — Former congressman Sean Duffy was confirmed by a vote of 77-22.
January 28, 2025Atlas 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, 2025Spring-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, 2024GM 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, 2025Trimac Buys Flatbed Specialist Watt & Stewart
Trimac Transportation acquired flatbed and specialized haulage carrier Watt & Stewart for an undisclosed sum.
January 27, 2025Ancora-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, 2025Bay 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, 2025Kia 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