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Beacon Adopts Poison Pill to Defend Against Hostile QXO Bid

Beacon Roofing Supply Inc. has adopted a poison pill defense as the building products company pushes back against a hostile takeover approach from QXO Inc.

January 28, 2025

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

Norfolk Southern, East Palestine Reach $22M Settlement

EAST PALESTINE, Ohio — The Village of East Palestine and Norfolk Southern announced a $22 million settlement resolving the village’s claims arising from a 2023 train derailment.

January 28, 2025

Whole Foods CEO Buechel Named Amazon’s Grocery Chief

Buechel, a former management consultant, joined Whole Foods in 2013, and led efforts to unify the formerly decentralized chain’s technology and record-keeping systems.

January 28, 2025

Diesel Price Drops 5.6¢ to $3.659 a Gallon

The national average diesel price reversed course and dropped 5.6 cents to $3.659, according to U.S. Energy Information Administration data released Jan. 27.

January 27, 2025

Perspective: Join Trucking in Human Trafficking Battle

Driving down a road in Missouri in 2022, a family encountered a woman walking alone, disoriented and not dressed for the conditions.

January 28, 2025

Ice, Mudslides Snarl Traffic Across Southern California

Snow shut down the key Interstate 5 north of Los Angeles for hours on Jan. 27 while weekend downpours doused wildfires across Southern California.

January 27, 2025

Trimac Buys Flatbed Specialist Watt & Stewart

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

January 27, 2025

Arizona Selected for Third CHIPS for America Facility

The U.S. Department of Commerce announced Jan. 6 that Arizona has been selected for the third of three CHIPS for America research and development flagship facilities.

January 27, 2025