Tesla to Seek Approval for Another Stock Split
Tesla Inc. gained in early trading March 28 after the carmaker said it plans to seek shareholder approval for a move that would enable its second stock split in roughly two years.
March 28, 2022Biden Pitches $5.8 Trillion Plan With Record Tax Hike
President Joe Biden’s budget release on March 28 is shaping up as a direct appeal to moderate Democrats, emphasizing deficit reduction and flexibility on social spending as the White House hopes to win support for new legislation before November’s midterm elections.
March 28, 2022XPO Ramps Up Trailer Production in Arkansas
XPO Logistics Chairman and CEO Brad Jacobs said recently that the company’s less-than-truckload network covers 99% of all North American ZIP codes. The trailers delivering to those locations come from its own trailer-making and refurbishing plant.
March 25, 2022Two HDA Truck Pride Distributors to Merge
HDA Truck Pride announced March 25 that two of its New York distributors, A&A Brake Service Co. and All Systems Brake, are merging.
March 25, 2022IMC Welcomes Fields as Human Resources VP
IMC Cos. hired Sabrina Fields to fill the role of vice president of people strategies and human resources. Fields previously served in human resource leadership roles at International Flavors & Fragrances, Rich Products Corp. and J.R. Simplot.
March 25, 2022US Considers New Oil Release From Strategic Reserve
The U.S. is considering another release of oil from its emergency reserves as prices continue to surge after Russia’s invasion of Ukraine, people familiar with the matter said March 25.
March 25, 2022Chicago Commuter Rail System Opposes Proposed CP-KCS Merger
One of the largest commuter railroads in the country is objecting to the proposed $31 billion merger between Class I freight rail carriers Canadian Pacific Railway and Kansas City Southern.
March 25, 2022Lytx Recognizes Winners in Driver, Coach Categories
Lytx announced the winners of its driver of the year and coach of the year awards last month.
March 25, 2022Ideal Warehouse Innovations Offers Push-Button Trailer Support System
Ideal Warehouse Innovations announced it developed a hands-free trailer support system, the Ground Mounted Trailer Support.
March 25, 2022XPO Sells Intermodal Unit to STG Logistics for $710 Million
XPO Logistics Inc. announced March 25 it has sold its North American intermodal business to STG Logistics, a Chicago-based provider of import-export and value-added warehouse logistics services, for a cash price of $710 million.
March 25, 2022