González will be replaced April 1 by Jaime Muguiro, who is the current head of Cemex’s U.S. operations, the company said in a statement.
February 10, 2025Search
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Rivian Broadens Sales of Van Once Exclusive to Amazon
Rivian said it will sell its electric delivery van designed for Amazon to other customers, a move to boost revenue from fleet operators as consumer demand for battery-powered cars slows.
February 10, 2025QXO’s Hostile Bid for Beacon Roofing Fuels M&A Optimism
M&A specialists are eyeing a robust list of U.S. takeover candidates, with a buoyant economy, strong buyer appetite and a potentially looser regulatory regime seen driving more deals.
January 29, 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, 2025United Rentals to Buy H&E Equipment Services for $3.4B
United Rentals Inc. agreed to buy H&E Equipment Services Inc. for $3.4 billion in cash, gaining a fleet of equipment to serve construction and industrial markets.
January 14, 2025Nikola Leads Field in Hydrogen Fuel Cell EV Deployment
Hydrogen fuel cell electric vehicles may be envisioned as the future workhorse of a decarbonized longhaul freight sector, but their development has proceeded at a measured pace.
November 7, 2024American Tire Seeks Bankruptcy After Deal With Lenders
American Tire Distributors, which sought bankruptcy protection in 2018 after the defection of two major manufacturers, has filed for Chapter 11 again as it considers a sale process to cut debt.
October 23, 2024Walmart Overtakes PepsiCo on Top 100 Private Carriers List
Walmart Inc.’s initiatives to strengthen its in-house trucking operations have elevated it to No. 1 on this year’s updated Transport Topics Top 100 Private Carriers list.
August 16, 2024Private Carrier Sector Rankings Reflect Fleet Growth
Although freight market conditions have been favorable to shippers for the past two years, many of the largest private carriers in North America operate larger fleets now than in years past.
August 16, 2024Going Private: Shippers Strengthening In-House Fleets
Even at a time when for-hire truck capacity is readily available at comÂpetitive rates, many shippers have continued to invest in their own private fleets.
August 16, 2024