Haley Cawthon

6 days ago | truckingdive.com | Haley Cawthon

This audio is auto-generated. Please let us know if you have feedback. Universal Logistics Holdings is asking its shareholders to approve a proposal to convert the company to a Nevada corporation, according to a . The company’s board of directors believes Nevada has a more favorable statutory framework that could potentially better protect both themselves as well as officers from “unmeritorious” lawsuits. Universal has been incorporated in Michigan since 2001.

1 week ago | truckingdive.com | Haley Cawthon

This audio is auto-generated. Please let us know if you have feedback. Love’s Travel Stops is expanding its Ohio network with the opening of a location in Belmont, at Exit 208 off Interstate 70, according to an April 3 press release. The new, 17,600-square-foot travel stop is the company’s fourth new store of 2025.

1 week ago | truckingdive.com | Haley Cawthon

This audio is auto-generated. Please let us know if you have feedback. Kodiak Robotics intends to go public via a merger with Ares Acquisition Corp. II, a special purpose acquisition company, at a $2.5 billion pre-money valuation, according to a Monday press release.

1 week ago | truckingdive.com | Haley Cawthon

This audio is auto-generated. Please let us know if you have feedback. Paccar is once again pushing back against a proposal that would require it to seek shareholder approval for any new or renewed pay package that provides for “excessive” severance payments for its executives, according to a . Corporate governance activist John Chevedden filed the proposal, which targets termination payments that would exceed 2.99 times the eliminated officer’s base pay and short-term bonus.

1 week ago | truckingdive.com | Haley Cawthon

This audio is auto-generated. Please let us know if you have feedback. Four Star Freightliner opened its eighth U.S. dealership on April 1 in Georgiana, Alabama, according to a company press release. The facility, located off Interstate 65 at 200 Industrial Park Drive, is the company’s fourth location in Alabama and first expansion since December 2019.