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DAT opens early-bird registration for DATCON25
BEAVERTON, Ore.--(BUSINESS WIRE)--DAT Freight & Analytics has opened registration for DATCON25, the premier transportation and logistics user conference, at dat.com/datcon. This year’s event will take place from Sept. 8-10 at the Loews Chicago O’Hare Hotel. Early-bird registration is available now, with tickets at the lowest price they will be offered. The insights, innovative strategies, and fresh perspectives gained at DATCON25 will help energize broker, shipper, and fleet carrier busines...
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QXO Announces Offering of Senior Secured Notes by Queen MergerCo, Inc.
GREENWICH, Conn.--(BUSINESS WIRE)--QXO, Inc. (NYSE: QXO) (“QXO” or the “Company”) announced today that its wholly owned subsidiary, Queen MergerCo, Inc. (“Merger Sub”), intends to offer $2 billion in Senior Secured Notes due 2032 (the “Notes”), subject to market and other conditions. Merger Sub was formed in connection with QXO’s previously announced acquisition of Beacon Roofing Supply, Inc. (“Beacon”) under the Agreement and Plan of Merger dated March 20, 2025 (the “Merger Agreement”). Merger...
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QXO Extends Tender Offer to Acquire Beacon Roofing Supply
GREENWICH, Conn.--(BUSINESS WIRE)--QXO, Inc. (NYSE: QXO) announced today that it is extending its all-cash tender offer to acquire all outstanding shares of Beacon Roofing Supply, Inc. (Nasdaq: BECN) for $124.35 per share. Beacon’s board of directors unanimously recommends that all shareholders tender their shares into the offer. The tender offer will remain open until 5:00 p.m. (New York City time) on April 28, 2025. The transaction is expected to close at or near the end of April, subject to...
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Trivest Announces Sale of Epika Fleet Services
MIAMI--(BUSINESS WIRE)--Trivest Partners LP (“Trivest” or the “Firm”), a leading private equity firm focused on investing in founder- and family-owned businesses, today announced that Trivest Growth Investment Fund (“TGIF”) has completed the sale of its portfolio company Epika Fleet Services, Inc. (“Epika” or the “Company”) to an Ares Private Equity fund (“Ares”). Trivest originally partnered with Epika through a minority investment in December 2018. Terms of the transaction were not disclosed....
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CORRECTING and REPLACING Gatik’s Safety Case and Functional Safety Approaches Underwent Independent Assessment From TÜV SÜD as Part of an Industry-First Third-Party Review
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Please replace the release dated April 14, 2025, with the following corrected version due to multiple revisions. The updated release reads: GATIK’S SAFETY CASE AND FUNCTIONAL SAFETY APPROACHES UNDERWENT INDEPENDENT ASSESSMENT FROM TÜV SÜD AS PART OF AN INDUSTRY-FIRST THIRD-PARTY REVIEW Autonomous middle-mile logistics leader concludes critical phase of independent safety assessment ahead of deploying Freight-Only (driverless) trucks at scale in 2025 Gatik...
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Generational Group Advises Foster's Truck & Trailer, Inc. in its Sale to The Service Company
DALLAS--(BUSINESS WIRE)--Generational Group, a leading mergers and acquisitions advisory firm for privately held businesses, is pleased to announce the sale of Foster's Truck & Trailer, Inc. to The Service Company. The acquisition closed March 10, 2025. Located in Columbus, Ohio, Foster's Truck & Trailer, Inc. is a reputable business specializing in maintenance and repair services for trucks and trailers. Based in Covington, Ohio, The Service Company is a trusted provider of comprehensi...
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Fears Law Founder Bryan Fears Named to Lawdragon’s 100 Managing Partners You Need to Know
DALLAS--(BUSINESS WIRE)--Bryan Fears, founder of Fears Law, has been named to the prestigious Lawdragon 100 Managing Partners You Need to Know guide, which celebrates standout leaders who are charting the course for successful and thriving firms through innovation, vision, and client-first leadership. Lawdragon describes its honorees as “dedicated to one of the hardest roles a lawyer can take on: professionally herding lawyers and shaping their passions and skills into a successful outcome for...
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Samsara Earns High Praise from Drivers for Safety, Protection, and Ease of Use
SAN FRANCISCO--(BUSINESS WIRE)--Samsara Inc. ("Samsara") (NYSE: IOT), the pioneer of the Connected Operations® Platform, today shared powerful new insights into drivers’ experience with its platform. In a new video, “What Drivers Love About Samsara,” drivers from around the world highlight Samsara's unmatched impact, sharing how it increases their safety, provides coaching and protection against false claims, makes administrative work simple, and is reliable and easy to use. Safety is critical...
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Aurora to Host First Quarter 2025 Business Review Conference Call on May 8, 2025
PITTSBURGH--(BUSINESS WIRE)--Aurora Innovation, Inc. (NASDAQ: AUR) today announced it will release first quarter 2025 results after market close on May 8, 2025 and will host a business review conference call that day at 5:00 p.m. Eastern time. The Company looks forward to providing an update on the details of Commercial Launch. The conference call will be webcast on Aurora’s investor relations website at ir.aurora.tech. A replay of the webcast will be available for 30 days following the call. A...
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Torc Names Steve Kenner as Chief Safety Officer
BLACKSBURG, Va.--(BUSINESS WIRE)--Torc, a pioneer in commercializing self-driving class 8 trucks, today announced the appointment of Steve Kenner as the company’s Chief Safety Officer. Kenner brings nearly four decades of experience in engineering and automotive safety for companies like Aurora, Kodiak, General Motors, Uber and more to Torc as the company drives toward the commercialization of autonomous trucks. In this role, Kenner will report to Torc’s CEO, Peter Vaughan Schmidt, overseeing t...