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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Senate Confirms Sean Duffy for DOT Secretary
WASHINGTON 鈥 Former congressman Sean Duffy was confirmed by a vote of 77-22.
January 28, 2025Ancora-Backed CEO Candidate Proposes US Steel Overhaul
鈥淚 want to have a stake in something that I鈥檓 going to be involved in,鈥 Alan Kestenbaum said Jan. 27 in an interview. 鈥淚f I get the chance to run the show, I鈥檒l invest in myself.鈥
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鈥檚 air bag deployment.
January 27, 2025Trump Freeze Pauses Automatic Braking Rule
The Trump administration will review a rule adopted under President Joe Biden that would require carmakers to install automatic emergency braking systems on new vehicles.
January 24, 2025FMCSA to Study Disabled, Parked Truck Roadside Warnings
The FMCSA research aims to determine if modern warning devices for parked or disabled commercial motor vehicles can reduce crashes. It will collect data from 256 truck drivers.
January 24, 2025Ford Recalls More Than 270,000 Broncos and Mavericks
BANGKOK 鈥 Ford Motor Co. is recalling 272,827 Broncos and Mavericks due to a power problem that can cause vehicles to stop unexpectedly or fail to start.
January 24, 2025State Trucking Groups Tout CARB Retreat, Continue Fight
While California abandoned its pursuit of regulatory approval for the Advanced Clean Fleets rule, its Advanced Clean Trucks regulation is still being enforced in 10 states.
January 22, 2025ATA Chairman Dellinger Presses Truck Excise Tax Repeal
WASHINGTON 鈥 American Trucking Associations Chairman Dennis Dellinger on Jan. 22 called on a House panel to repeal a World War I-era excise tax on new trucks.
January 22, 2025FMCSA Approves ATA Plan to Boost Ranks of CMV Inspectors
The Federal Motor Carrier Safety Administration has granted a five-year exemption to American Trucking Associations that could help mitigate the technician聽 shortage.聽
January 22, 2025