Trucking news and briefs for Monday, Oct. 4, 2021:
Shareholders okay spinoff of Daimler Trucks
Shareholders of Daimler AG, the parent-company of Daimler Trucks North America, Mercedes-Benz and others, approved by an overwhelming margin Friday realignment of the company, which will include spinning off the company’s truck and bus business.
A vote in favor of the measure was 99.90%, clearing the way for Daimler Truck Holding AG to become an independent company on the Frankfurt Stock Exchange. Two current members of the Daimler Supervisory Board, Marie Wieck and Joe Kaeser, will step down from their positions and join the Supervisory Board of Daimler Truck Holding AG.
Shareholders approved, also with an overwhelming majority of 99.89% of the votes cast, renaming Daimler AG to Mercedes-Benz Group AG effective Feb. 1, 2022. The new name, the comapny said, emphasizes the future focus on cars and vans of the brands Mercedes-Benz, Mercedes-AMG, Mercedes-Maybach and Mercedes-EQ.
The two measures must now be entered in the Commercial Register.
Former fleet owner faces 100 years in prison
The owner of several Southern California-based trucking companies has pleaded guilty to five felony charges, admitting he engaged in an array of criminal conduct, according to the U.S. Attorney’s Office for the Central District of California.
Carl Bradley Johansson, 63, of Newport Beach, California, pleaded guilty Sept. 29 to two felony counts in relation to a tanker explosion –…