Tag: Trucking News

Results of Voting at the Annual Meeting of Mercedes-Benz Group AG on April 29, 2022

New Supervisory Board members: Dame Polly Courtice and Marco Gobbetti Executive Board and Supervisory Board were relieved of responsibility Dividend: shareholders approve €5.00 per share (Previous year: €1.35) Representation: 64.56% of the share capital STUTTGART, Germany–(BUSINESS WIRE)–Mercedes-Benz Group AG: Voting Results       Item 2 Appropriation of distributable profit – accepted     689,804,129 […]

Fourshore Partners Announces Acquisition of Celtic Capital Corporation

MIAMI–(BUSINESS WIRE)–Fourshore Partners (Fourshore) announced today its acquisition of Celtic Capital Corporation (“Celtic” or “Company”), a financial services company specializing in asset-based lending to middle-market companies nationwide. With an appetite for the more complex transactions, Celtic Capital has a history of success in crafting creative, flexible financing solutions with no financial covenants. As an independent […]

IAA Appoints Michael Sieger to Board of Directors

Board Forms Operations Committee WESTCHESTER, Ill.–(BUSINESS WIRE)–IAA, Inc. (NYSE: IAA), a leading global marketplace connecting vehicle buyers and sellers, today announced that it has appointed Michael Sieger to its Board of Directors, effective immediately as of the conclusion of the Company’s 2022 annual meeting of stockholders. As a result of the appointment, IAA’s Board will […]

Annual Meeting: Mercedes-Benz Continues Its Successful Transformation

New Group structure established: First Annual Meeting of Mercedes-Benz Group AG Performance raised: Successful 2021 and strong Q1, 2022 results despite volatile environment EV strategy accelerated: Portfolio to include more than 10 fully electric vehicles in 2022 Milestone achieved: Vision EQXX sets benchmark with >1,000 kilometres range Supervisory Board expertise broadened: Candidates specialised in ESG […]

Horizon Global Announces Date for First Quarter 2022 Results Conference Call

PLYMOUTH, Mich.–(BUSINESS WIRE)–Horizon Global (NYSE: HZN) announced today that it will host a conference call regarding the Company’s first quarter 2022 results on Thursday, May 5, 2022, at 8:30 a.m. Eastern Time. The conference call will be hosted by Horizon Global’s President and Chief Executive Officer Terry Gohl, and Dennis Richardville, Chief Financial Officer. Participants […]

World Fuel Services Corporation Reports First Quarter 2022 Results

MIAMI–(BUSINESS WIRE)–World Fuel Services Corporation (NYSE: INT) First-Quarter 2022 Highlights Total gross profit of $230.9 million, up 21% year-over-year GAAP net income of $26.3 million, or $0.41 per diluted share Adjusted net income of $26.8 million, or $0.42 per diluted share Adjusted EBITDA of $74.9 million “Our financial performance this quarter again demonstrates the value […]