A corporation is a company or group of people authorized to act as a single entity (legally a person) and recognized as such in law. Early incorporated entities were established by charter (i.e. by an ad hoc act granted by a monarch or passed by a parliament or legislature). Most jurisdictions now allow the creation of new corporations through registration.
Corporations come in many different types but are usually divided by the law of the jurisdiction where they are chartered into two kinds: by whether or not they can issue stock, or by whether or not they are for profit.
Where local law distinguishes corporations by ability to issue stock, corporations allowed to do so are referred to as "stock corporations", ownership of the corporation is through stock, and owners of stock are referred to as "stockholders." Corporations not allowed to issue stock are referred to as "non-stock" corporations, those who are considered the owners of the corporation are those who have obtained membership in the corporation, and are referred to as a "member" of the corporation.
The mainline of the CORP is 389 miles (626km). Traffic is estimated at 17,000 cars per year, consisting mainly of logs, lumber products, and plywood. CORP is a subsidiary of Genesee & Wyoming, which acquired the railroad as part of its acquisition with RailAmerica in late 2012. Until 2007, CORP also operated the 136-mile (219km) Coos Bay branch, another line once owned by the SP.
On May 17, 2007, CORP was awarded a Silver E. H. Harriman Award in Group C for the railroad's safety record in 2006. This award marked the first time a RailAmerica-owned railroad has earned a Harriman award.
WorkhorseGroup (NASDAQ. WKHS) expects a "prolonged process" to alter the U.S.Postal Service's decision to award next-generation mail truck business to defense contractor Oshkosh Truck Corp. (NYSE... Oshkosh makes military vehicles, fire trucks and ambulances ... New Truck Talk on Friday ... Workhorse may fight mail truck order awarded to Oshkosh.
PamelaGoldberg was waiting in her truck outside a Mt ... Goldberg says their truck’s back door can only open when the front doors are open, so she was stuck ... She said when they reached the parking lot exit, a young woman opened the truck’s passenger door ... Her and her husband’s truck is still missing.
Read more ... Read more. Subsequent letters reveal that the contracts being investigated underpinned Greensill clients including fintech Fair Financial Corp, French trucking group CMA CGM, Swiss-Italian shipping company Mediterranean Shipping Company, finance group General Atlantic, ecommerce group Tradeshift and equipment rental group EquipmentShare ... .
"GM continues to leverage every available semiconductor to build and ship our most popular and in-demand products, including full-size trucks and SUVs," GM spokesman DavidBarnas said ... It had previously cut production of its top-selling F-150 pickup truck.
The last of 14,000 or so structural steel beams is lowered into place in February at the $2.3 billion Ultium CellsLLC facility in Lordstown... It turned around and sold it in November of that year to upstart electric truck company Lordstown Motors Corp., to which GM extended a $40 million line of credit to acquire the plant ... WALK IT BACK ... .
LORDSTOWN, Ohio, March 02, 2021 (GLOBE NEWSWIRE) -- Lordstown Motors Corp ...Together, Holman Enterprises and Lordstown Motors will help organizations easily integrate the Lordstown Endurance, the first all-electric commercial pickup truck, into their vocational fleet operations ... About Lordstown Motors Corp. Lordstown Motors Corp.
So, Workhorse will continue to take it slow, striving to build three of its composite-body battery-electric trucks a day in March with a plan to reach 10 trucks a day by the end of June ... A new Truck Talk in your mailbox every Friday ... Mostly due to a $320 million valuation of its 10% stake in startup electric pickup truck maker Lordstown Motors Corp.
Ram is celebrating America's five land, sea and air-based armed forces with Built to Serve editions of its popular Ram 1500 half-ton pickup truck lineup ... In addition to activating the Ram Nation volunteer corps across the U.S., Ram is extending the invitation to all individuals, regardless of whether or not they are a Ram truck owner.