Category: Trucking News

Buffett’s Berkshire on verge of becoming BofA’s top shareholder

Warren Buffett's Berkshire Hathaway Inc may be on the verge of becoming Bank of America Corp's largest shareholder, after the bank raised its dividend in the wake of a positive assessment of its ability to handle market stresses. Bank of America on Wednesday boosted its annual dividend 60 percent to 48 cents per share from 30 cents, beginning in the third quarter. Buffett has said a boost of that size would likely prompt him to swap Berkshire's preferred shares in the second-largest bank into common shares now worth about $16.7 billion.


...Read the rest of this story

Cross-border team helps food carriers comply

HALIFAX, N.S.—The Nova Scotia-based food-hauling experts at Iron Apple have partnered with Birmingham, AL-based TransComply, manager of the Uniform Food Safety Transportation Protocol (UFSTP) program, to help carriers comply with the U.S. Food and Drug Administration (FDA) Sanitary Transportation of Human and Animal Food (STF) rule and promote that compliance to the shipping community. ...Read the rest of this story