Unhappy Atlas Air shareholders take legal action over directors' 'push' to sell
The board of Atlas Air has been accused in court of misleading shareholders by pushing ...
WTC: RIDE THE WAVEFDX: TOP EXEC OUTPEP: TOP PERFORMER KO: STEADY YIELD AND KEY APPOINTMENTAAPL: SUPPLIER IPOCHRW: SLIGHTLY DOWNBEAT BUT UPSIDE REMAINSDHL: TOP PRIORITIESDHL: SPECULATIVE OCEAN TRADEDHL: CFO REMARKSPLD: BEATING ESTIMATESPLD: TRADING UPDATEBA: TRUMP TRADE
WTC: RIDE THE WAVEFDX: TOP EXEC OUTPEP: TOP PERFORMER KO: STEADY YIELD AND KEY APPOINTMENTAAPL: SUPPLIER IPOCHRW: SLIGHTLY DOWNBEAT BUT UPSIDE REMAINSDHL: TOP PRIORITIESDHL: SPECULATIVE OCEAN TRADEDHL: CFO REMARKSPLD: BEATING ESTIMATESPLD: TRADING UPDATEBA: TRUMP TRADE
In a deal bigger than XPO’s acquisition of Con-way, Knight Transportation is set to merge with Swift Transportation, creating the industry’s largest full truckload company, with annual revenues of more than $5bn. Set to be called Knight-Swift Transportation after the merger, the all-stock deal will need regulatory approval. Swift’s CEO and CFO have said they would leave following the closure of the transaction.
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