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ADM to Cut CEO’s Bonus After Accounting Scandal Hit Shares

ADM plans to slash CEO Juan Luciano’s annual cash bonus and laid out a new policy to claw back long-term awards in a bid to “ensure accountability” more than a year after an accounting scandal.

March 26, 2025

US Ports See February Cargo Surge Across Coasts

The Port of Los Angeles processed 801,398 20-foot equivalent units, a 2.5% increase from the 781,434 containers in 2024. This marked the second-busiest February on record for the port.

March 26, 2025

Fleets Use Tech, AI to Drive Efficiency, Stay Competitive

Fleets and industry vendors attending the Truckload Carriers Association’s Truckload 2025 conference said technology is helping increase efficiency and improve decision-making.

March 26, 2025

Trump Hits Auto Imports With 25% Tariff in Trade Fight

President Donald Trump signed an order to implement a 25% tariff on auto imports, expanding a trade war designed to bring more manufacturing jobs to the U.S.

March 26, 2025

Baltimore Marks One Year After Tragic Bridge Collapse

A year after the catastrophic collapse of Baltimore’s Francis Scott Key Bridge, Maryland leaders honored the six construction workers who were killed that night.

March 26, 2025

Union Says Ancora Aims to Sell Mills for US Steel Revival

The United Steelworkers said investor Ancora wants to sell U.S. Steel Corp.’s state-of-the-art mills to fund sweeping upgrades of union-run facilities.

March 26, 2025

Trump Weighs Imposing Copper Import Tariffs in Weeks

U.S. tariffs on copper imports could be coming within several weeks, months earlier than the deadline for a decision, according to people familiar with the matter.

March 26, 2025

Rivian Spins Out ‘Micromobility’ EV Startup Called Also

Rivian Automotive Inc. is spinning out a business that will develop small electric vehicles designed for short trips.

March 26, 2025

Dollar Tree Sells Family Dollar for $1 Billion

Dollar Tree is selling Family Dollar to a pair of private equity firms for $1 billion after a decade of trying to make its acquisition of the bargain chain fit.

March 26, 2025