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BusinessPrivateTop 100

Cargill Cutting 1,100 Jobs With Arkansas Plant Closure

Cargill Inc. will shutter a turkey-processing plant in Arkansas, cutting about 1,100 jobs amid a downturn in both turkey and the broader agricultural sector.

January 29, 2025
BusinessEquipmentLogisticsPrivateTop 100

QXO鈥檚 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, 2025
BusinessPrivateTop 100

Beacon Adopts Poison Pill to Defend Against Hostile QXO Bid

Beacon Roofing Supply Inc. has adopted a poison pill defense as the building products company pushes back against a hostile takeover approach from QXO Inc.

January 28, 2025
BusinessTechnologyLogisticsPrivateGlobal FreightTop 100

Whole Foods CEO Buechel Named Amazon鈥檚 Grocery Chief

Buechel, a former management consultant, joined Whole Foods in 2013, and led efforts to unify the formerly decentralized chain鈥檚 technology and record-keeping systems.

January 28, 2025
BusinessEquipmentFor-HireTop 100

Trimac Buys Flatbed Specialist Watt & Stewart

Trimac Transportation acquired flatbed and specialized haulage carrier Watt & Stewart for an undisclosed sum.

January 27, 2025
BusinessTechnologyLogisticsFor-HireTop 100

Covenant Logistics Q4 Profit Slides on Helene, Higher Costs

Covenant reported a profit of $6.7 million or earnings per diluted share of 24 cents in Q4, just over half the $12.8 million or 47 cents per diluted share profit posted in Q4 2023.

January 27, 2025
BusinessEquipmentPrivateTop 100

Beacon 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, 2025
BusinessPrivateTop 100

Walmart Raises Pay for Market Managers

Walmart Inc. is raising compensation for some managers as the big-box retailer seeks to attract and retain staff.

January 24, 2025
BusinessLogisticsFor-HireTop 100

Knight-Swift Closes 2024 Preparing for Upturn

The Phoenix-based truckload motor carrier聽reported a revenue decline of 3.5% in the fourth quarter amid efforts to improve the business ahead of the expected up cycle.

January 23, 2025
BusinessSafetyLogisticsPrivateTop 100

ADM Stops Loading Grain Vessels in Louisiana Amid Snowstorm

One of the world鈥檚 biggest crop traders has halted loading of grain vessels at U.S. Gulf terminals as the region鈥檚 worst snowstorm in 130 years slams the region.

January 22, 2025