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The company said the decision would create greater synergies, enhance customer service, improve operational efficiency and accelerate innovation across the specialty vehicle segment.

U.S. Steel approved a $300 million investment to upgrade some of its facilities, advancing part of an $11 billion commitment by Nippon Steel after its takeover of the steelmaker earlier this year.

The proposed merger, which would create a massive single railroad company controlling shipments across the continental U.S., is being weighed by the Surface Transportation Board.

The bill marks a sharp shift from years of regulatory scrutiny by the state’s lawmakers toward its oil and gas industry and decades of declining in-state crude production.

Following the breakup, one company will be made up of its Heinz Ketchup and other iconic condiments and boxed meals — a unit that currently generates $15.4 billion in sales.

Houston-based Pinch is seeking to expand its flatbed less-than-truckload and truckload operations for oil and natural gas exploration and service companies with the deal.

“Our ask of PFG is to simply work together to further understand the merits and opportunities of a potential combination,” US Foods CEO Dave Flitman said.

CSX is working with Goldman Sachs Group, people familiar with the matter said, as the company explores options to participate in rail consolidation after two major rivals announced a merger.

Union Pacific agreed to acquire Norfolk Southern, forming a transcontinental rail behemoth in what stands to be the industry’s largest deal ever.

Albertsons demanded that Kroger provide details on the personal conduct that led the company to replace its CEO, Rodney McMullen, who shepherded the grocers' failed merger.