Diversified Energy agreed to acquire Texas-based energy producer Maverick Natural Resources to expand its scale as U.S. President Donald Trump makes higher oil production a key priority.
January 27, 2025Search
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Seth Clevenger and Mike Senatore dive into the Transport Topics Top 100 list of the largest logistics companies. They address trade challenges, mergers, sector trends and more.
Investor Seeks to Quash US Steel-Nippon Deal
An asset manager is seeking to quash Nippon Steel’s takeover of U.S. Steel and oust the leadership of the U.S. steelmaker after taking a stake in the company.
January 27, 2025Beacon Roofing Solicits Bids to Fend Off Brad Jacobs' QXO
Beacon Roofing Supply has started soliciting interest from potential buyers as it looks to fend off an $11 billion takeover bid from rival QXO Inc., people familiar with the matter said.
January 24, 2025Bridgestone to Close Tire Plant in Tennessee, Lay Off 700
NASHVILLE, Tenn. — Tire manufacturer Bridgestone Americas is closing its LaVergne, Tenn., truck and bus radial tire plant and laying off 700 workers there, the company said in a release.
January 24, 2025Wisconsin Invests $10.8M in 5 Harbor Infrastructure Projects
Wisconsin Gov. Tony Evers granted $10.8 million on Jan. 15 for five harbor infrastructure projects to improve the movement of freight and the state’s supply chain.
January 24, 2025Amazon Layoffs Prompt Canada to Review Government Deals
Canada’s industry minister said Amazon’s decision to shut down all warehouses in Quebec and cut close to 2,000 jobs would prompt the government to examine its current deals with the company.
January 24, 2025Canada, Mexico Steelmakers Refuse New US Orders
Some steelmakers in Canada and Mexico are telling customers that they are refusing new orders to the U.S. on concerns that President Donald Trump soon will reimpose duties.
January 24, 2025How Shippers Navigate Risk in a Fragmented Freight Market
With delivery expectations climbing and freight fraud concerns lingering, shippers and logistics providers have had to step up efforts to vet and verify carriers.
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, 2025Side, Rear Cameras Extend Visibility Around Tractor-Trailers
In addition to installing video-based safety systems in the cabs of their trucks, some fleet operators also are deploying cameras on the side of the truck and even rear cameras on the trailer.
January 24, 2025