(Eduardo Munoz Alvarez/Associated Press) Bill Ackman’s Pershing Square Capital Management built a new stake in Amazon.com Inc., calling it a “fantastic franchise” and noting that the investor acquired shares at an “extremely attractive” price. Pershing Square bought the stock after it tumbled more than 30% earlier this year, the result of concerns over the generative ...more
The president threatened a 525% tariff on Apple products unless iPhones are made in America. (Juliana Yamada/AP/File) WASHINGTON — President Donald Trump on May 23 threatened a 50% tax on all imports from the European Union as well a 25% tariff on Apple products unless iPhones are made in America. The threats, delivered over social ...more
A fifth-generation Freightliner Cascadia. DTNA is forecast to sell 155,000 to 175,000 trucks in 2025 across all classes. (Daimler Truck North America) Multiple adverse factors contributed to a much rougher three months for truck manufacturers in the first quarter of 2025 than was expected at the turn of the calendar year, according to earnings reports, ...more
JBS has touted the plan as key to accessing a broader pool of investors and building confidence in its corporate governance standards. (Michael Ciaglo/Bloomberg) JBS SA cleared the way for a long-awaited listing of its shares in New York, overcoming fierce opposition from environmental groups and concentrating more power in the hands of the billionaire ...more
A man has been charged for the 2011 murder of a truck driver that got him only the loose change in the driver’s pocket. The murder happened on February 17th, 2011 in East St. Louis. Charges were filed against 34-year-old Alan Davis on May 22nd, 2025. According to ABC 20, 40-year-old trucker Truman Lee Smith was ...more
This week, Oklahoma lawmakers passed a bill that tightens requirements for non-domiciled commercial drivers operating in the state. SB20, or the Oklahoma Secure Roads and Safe Trucking Act of 2025, was passed by the Oklahoma House of Representatives by a vote of 71-13 this week, officials say.SB 20 is headed to the desk of Governor ...more
A former Jack Cooper driver has dealt with his recent job loss by starting a car-hauling business of his very own. 46-year-old McKinley Archie lost his six figure job of 20 years very early in 2025 when Ford Motor Co. and General Motors both announced they were cutting their long-time ties with trucking company Jack ...more
Michigan lawmakers are considering a bill that would restrict truck traffic from using the far left lane of the roadway. On May 22, 2025, House Bill 4522 was introduced by State Rep. William Bruck.The bill seeks to prohibit trucks from using the left lane on any roadway with three or more lanes. If construction closes one ...more
A truck driver is accused of speeding under the influence following a California Highway Patrol (CHP) traffic enforcement operation in Sacramento. According to CHP’s South Sacramento division, a speed enforcement detail took place on May 22 on northbound SR-99 at Elk Grove Boulevard.A CHP trooper parked on the right shoulder of the roadway spotted a ...more
A road through a Nevada National Park was closed overnight this week after a wayward semi truck got stuck under unclear circumstances. The incident happened on May 20th on Snake Creek Road in Great Basin National Park in Nevada. The tractor trailer got stuck on the narrow, winding dirt road one mile from the dead end ...more
