Brookfield Infrastructure Partners is taking Triton International, the world’s largest owner and lessor of shipping containers, private in a $13.3 billion deal. Brookfield Infrastructure (NYSE: BIP) will pay $85 per share for Triton (NYSE: TRTN), representing a 35% premium over Triton's Tuesday closing price. Triton shareholders will receive $68.50 in...
Data from the FMCSA show an increase in crash rates among new entrant carriers.
WASHINGTON (AP) — Preliminary data from the Federal Motor Carrier Safety Administration (FMCSA) indicates a notable rise in large truck crashes involving companies that entered the industry since 2018. This trend was highlighted during the FMCSA's annual Analysis, Research, and Technology Forum by statistician Dan Burrill. The addendum focused on...
The theft of a Malibu trailer serves as a reminder of the vulnerability of carriers’ assets.
The theft of a Malibu trailer serves as a reminder of the vulnerability of carriers' assets. Last December, John, a Malibu homebuilder, faced a major setback when his trailer and $300,000 worth of wood were stolen from his garage. Despite securing the trailer, thieves broke the lock and took the...