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TFI International announces deal to acquire Daseke for $8.30 per share

Published Tue, 24 Dec 2024 18:38:11 GMT

MONTREAL — TFI International Inc. says it’s acquiring Daseke Inc. for $8.30 in cash per common share. The Montreal-based transportation and logistics company says the deal is expected to close during the second quarter of 2024. The firm says after the merger, Daseke will continue to operate its brands as part of TFI’s truckload segment. Over the medium term, TFI says it will evaluate the potential benefits of splitting the truckload segment from its other segments into two public companies. TFI says the total enterprise value of the deal is around $1.1 billion. Shares in TFI were up more than six per cent in mid-day trading. This report by The Canadian Press was first published Dec. 22, 2023.Companies in this story: (TSX:TFII)The Canadian Press

Michael Mann still has another gear. At 80, he’s driving ‘Ferrari’

Published Tue, 24 Dec 2024 18:38:11 GMT

NEW YORK (AP) — Michael Mann, who gave Crockett a white Ferrari on “Miami Vice,” pummeled cars with bullets in the shootout in “Heat” and set the thriller “Collateral” in a taxicab, has had an affection for automobiles since growing up in Chicago.“It’s a city in which you drive, you know?” Mann says. “It rains and things get quite beautiful. The streets get black and the cars get reflective. I like motion. I like speed.”Mann has also been a racing hobbyist. Off and on for years, he competed in the Ferrari Challenge — a four-day race, he fondly recalls, during which “the rest of the world just goes away.” So, the driving instructions that Enzo Ferrari (Adam Driver) gives in Mann’s latest film, “Ferrari” — “Break later, hold the line” — are familiar to him.“Let me put it this way,” Mann said, grinning, in a recent interview. “At one point I was practicing on a road in Atlanta and I did 75 laps without stopping.”But what Mann remembers from those laps — or at least the four of five goo...

France grounds flight carrying Indian passengers on suspicion of human trafficking

Published Tue, 24 Dec 2024 18:38:11 GMT

PARIS (AP) — French authorities grounded a flight from the United Arab Emirates to Nicaragua carrying 303 Indian passengers after receiving a tip that it could be carrying victims of human trafficking, prosecutors said Friday.Special investigators are questioning all those aboard and two people are in custody pending further examination, the Paris prosecutor’s office said in a statement.It said an anonymous tip signaled that the flight, operated by Romania-based charter company Legend Airlines, was carrying people who could be victims of human trafficking. It was grounded Thursday after it stopped for refueling in the city of Vatry east of Paris.The passengers initially remained in the A340 plane but were then transferred into the main hall of the small Vatry airport, where cots were set up for them to stay overnight, the administration for the Marne region said.Investigators from a specialized French organized crime unit, border police and aviation gendarmes are working on the case...

DOT puts airline loyalty programs under the microscope after lawmakers raise concerns

Published Tue, 24 Dec 2024 18:38:11 GMT

The Department of Transportation is investigating possible deceptive practices in airline loyalty programs after federal lawmakers raised concerns about how companies are calculating points and rewards. A DOT spokesperson said in a statement that the agency is planning “to carefully review complaints regarding loyalty programs and exercise our authority to investigate airlines for unfair and deceptive practices that hurt travelers as warranted.”The spokesperson said agency officials are actively meeting with U.S. airlines and gathering more information about the issue.Airlines for America, which represents the largest U.S. carriers, declined to comment. The department is stepping up its scrutiny after two U.S. senators asked the agency and the Consumer Financial Protection Bureau about the steps they’re taking to protect consumers from “deceitful marketing tactics” in frequent flyer programs. In a letter sent to Secretary of Transportation Pete Buttigieg and CFPB Director Rohit Chop...

‘Disturbing trend’: Peel police launch dedicated task force to probe series of extortion attempts

Published Tue, 24 Dec 2024 18:38:11 GMT

A number of extortion attempts under the threat of violence have prompted Peel Regional Police to launch a task force dedicated to investigating the incidents.Investigators say the attempted extortions are primarily targeting members of the South Asian business community, calling it a “disturbing trend.”“Victims are contacted through a variety of social media platforms and demands for money are made under threats of violence, which have occurred in some incidents,” a release Friday states.Nine incidents are currently being investigated.So far a 23-year-old man from British Columbia, Tanmanjot Gill, is facing charges after police allege he fired several gunshots at a business near Rutherford Road South and Clark Boulevard in Brampton on December 9.A second suspect in that incident remains at large. He’s described as a South Asian male with a medium build wearing a grey sweatshirt at the time of the incident. Police believe he later changed into a black s...

Chicago officer helps deliver baby girl in Albany Park

Published Tue, 24 Dec 2024 18:38:11 GMT

CHICAGO — A Chicago police officer responding to a shooting ended out helping a family deliver their baby.It happened Thursday morning as officers responded to a person shot in the city's Albany Park neighborhood.While on scene investigating the incident, police said Field Training Officer Christopher was waved down by residents who led her to a woman in labor just a couple houses down.The officer sprang into action to help the woman deliver a healthy baby girl. Music as Medicine: Siblings strike the right chord for patients at Glenbrook Hospital According to police, the woman and her newborn were transported to Swedish Covenant Hospital where they are doing well.

Mayor Johnson announces appointments of 3 city department commissioners; now subject to City Council approval

Published Tue, 24 Dec 2024 18:38:11 GMT

CHICAGO — Mayor Brandon Johnson announced Friday the appointments of three city department commissioners.Tom Carney was appointed as commissioner of the Chicago Department of Transportation (CDOT), Sandra Blakemore was appointed as commissioner of the Department of Human Resources and Alfonzo “Randy” Conner Jr. was appointed as commissioner of the Department of Water Management, the Mayor's Office announced in a news release.The mayor’s selections are now subject to City Council approval.Here is more on the three appointments:Tom CarneyCarney has served as the acting commissioner of CDOT since August 2023, directing the department’s implementation of more than $2 billion in combined city, state and federally funded capital projects. Those include citywide traffic safety and infrastructure improvements.“Tom Carney has served admirably as the acting commissioner of CDOT, working to make the entire city accessible to all Chicagoans,” Mayor Johnson said in the release. “My administratio...

Friday Forecast: Temps in mid 40s with steady rain

Published Tue, 24 Dec 2024 18:38:11 GMT

CHICAGO — Cloudy conditions Friday with spotty showers possible in the morning. Interactive Radar: Track showers and storms here Widespread rain is expected this afternoon as highs in the mid to upper 40s. Widespread rain this evening leads the tapering showers overnight as temperatures fall into the lower 40s. SATURDAY FORECAST: Cloudy with the potential for drizzle or isolated showers on Saturday with highs in the lower 50s.Full forecast details and more at the WGN Weather Center blog

Trail of Lights parking lot to remain closed Friday due to rain

Published Tue, 24 Dec 2024 18:38:11 GMT

AUSTIN (KXAN) — Austin Trail of Lights organizers said the Zilker Tree (Polo Field) parking area would be closed and unavailable for parking Friday evening due to recent rain in the area.The parking area was previously closed Thursday as well due to the recent rains.As of Friday morning, organizers said the trail was still scheduled to open.The final day to attend the trail at Zilker Park is Saturday evening, according to organizers. KXAN First Warning Weather shows there is a 60% chance of rain on Saturday. KXAN First Warning Weather: Wet weekend weather ahead of breezy Christmas Day According to a statement, all Zilker Tree parking would automatically be refunded by Ticketbud within five to seven business days, and purchasers were asked to find an alternate form of arrival.Limited spots can be reserved online for the Austin High School Surface Lot Parking, or shuttle rides are available from Toney Burger Center or Republic Square.Organizers provided a list of alternate, unaffili...

Cities with the most expensive homes in the Austin metro area

Published Tue, 24 Dec 2024 18:38:11 GMT

AUSTIN (Stacker) — Purchasing a home is one of the most important investments there is. More than a place to live, homeownership is an asset with the potential to tremendously rise in value. But with home prices reaching record heights, affordability plays a huge role for buyers.The typical home value in the United States was $347,415 in November, 2.2% higher than the year before. High mortgage rates are also making monthly payments more expensive; as of Dec. 14, the 30-year fixed mortgage rate sits at 6.95%.Although home prices have inflated all across the U.S., there are some cities that command a higher price tag than others. Location, size, age, and condition are all contributing factors to home value.Stacker compiled a list of cities with the most expensive homes in the Austin metro area using data from Zillow. Charts show the monthly typical home value since January 2018. Data was available for 53 cities and towns.Stacker#30. Paige, TX- Typical home value: $424,790- 1-year pri...