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, 2025Top 100
Beacon Roofing Solicits Bids to Fend Off Brad Jacobs' QXO
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, 2025Knight-Swift Closes 2024 Preparing for Upturn
The Phoenix-based truckload motor carrier 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, 2025ADM Stops Loading Grain Vessels in Louisiana Amid Snowstorm
One of the world’s biggest crop traders has halted loading of grain vessels at U.S. Gulf terminals as the region’s worst snowstorm in 130 years slams the region.
January 22, 2025J.B. Hunt Ends 2024 With Slight Revenue Decline
The Lowell, Ark.-based carrier ended the year slightly behind where it was during the prior fourth quarter amid efforts to reinvest and improve operations, the company reported Jan. 16.
January 17, 2025Walgreens Shares Soar 28% After Sales Beat Forecasts
Revenue came to $39 billion for the fiscal quarter ended in November, driven by higher prices for branded drugs and prescription volumes at the company’s U.S. retail pharmacy division.
January 10, 2025AIT Buys St. Louis-Based Freight Forwarder Krupp Trucking
Krupp specializes in the transportation of high-value goods, with AIT keen to add the company’s technology logistics sector operations to its portfolio, it said.
January 8, 2025Forward Air Probes Sale, Merger, Divestment Options
Forward Air’s board will undertake a review of the asset-light transportation and logistics services provider’s strategic alternatives, including a sale of the company and other options.
January 8, 2025Atlas Acquires Canadian Customs Specialist Orbit Brokers
Atlas Canada acquired Mississauga, Ontario-based customs brokerage Orbit Brokers for an undisclosed sum, the Atlas World Group unit said.
January 7, 2025Pitt Ohio Buys LTL Carrier Sutton Transport
Pittsburgh-based Pitt Ohio plans to merge Midwest-focused Sutton with its existing Dohrn Transfer LTL unit after an initial period of operating the two separately.
January 7, 2025Follow Us
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