🚫Regulatory Order on Nippon Steel's Acquisition of U.S. Steel
The document addresses the proposed acquisition of United States Steel Corporation by Nippon Steel Corporation, emphasizing national security concerns. It details the review process by the Committee on Foreign Investment in the U.S. (CFIUS) and outlines the necessary actions and agreements to mitigate risks associated with the transaction.
Learn More🚍Analysis of Van Pool Transportation Regulatory Approval
On May 16, 2025, Van Pool Transportation LLC (Van Pool) and AG Van Pool Holdings, LP (AG Holdings) (collectively, Applicants), both noncarriers, filed an application to acquire control of an interstate passenger motor carrier, Bill's Taxi Service Inc. d/b/a A&A Metro Transportation (A&A), from its shareholders, Thomas Arrighi, Michael Arrighi, and Gaile Arrighi (collectively, Sellers). In addition to this proposed transaction, Applicants also seek after-the-fact control authority for the following Van Pool subsidiaries: Dell Transportation Corp. (Dell), Hendrickson Bus Corporation (Hendrickson), Huntington Coach Corporation (Huntington Corp.), Huntington Coach, L.L.C. (Huntington LLC), Towne Bus Corp. (Towne Corp.), Towne Bus LLC (Towne LLC), Van Trans LLC (Van Trans), WE Transport (NY) LLC (WE NY), WE Transport LLC (Connecticut) (WE CT), and WE Transport, Inc. (WE Transport) (collectively, the ATF Subsidiaries). The Board is tentatively approving and authorizing the control of A&A as well as the ATF Subsidiaries. If no opposing comments are timely filed, this notice will be the final Board action.
Learn More🛡️DoD Notice on Cyber Incident Reporting Regulations for Businesses
In compliance with the Paperwork Reduction Act of 1995, DoD announces the proposed extension of a public information collection requirement and seeks public comment on the provisions thereof. DoD invites comments on: whether the proposed collection of information is necessary for the proper performance of the functions of DoD, including whether the information will have practical utility; the accuracy of DoD's estimate of the burden of the proposed information collection; ways to enhance the quality, utility, and clarity of the information to be collected; and ways to minimize the burden of the information collection on respondents, including the use of automated collection techniques or other forms of information technology. The Office of Management and Budget (OMB) has approved this information collection for use through October 31, 2025. DoD proposes that OMB approve an extension of the information collection requirement, to expire three years after the approval date.
Learn More🏦Notice on Bank Holding Company Formations and Acquisitions
The Federal Reserve has issued a notice regarding applications for the formation of bank holding companies, acquisitions, and mergers. The public can review these applications and comment on them, with details concerning how to submit feedback. This aligns with the Bank Holding Company Act and regulatory requirements in the financial sector.
Learn More🚌Tentative Approval for ISQ Bus BidCo Acquisition of A&S Transportation
On April 25, 2025, the following entities filed an application to acquire from Mobico Group PLC (the Seller) indirect control of the Seller's North American home-to-school transportation entities, which include regulated interstate passenger motor carriers (the Acquired Regulated Entities): ISQ Bus BidCo, Inc. (BidCo); ISQ Global Infrastructure Fund III (UST) Bus AIV, LP (Fund UST); ISQ Global Infrastructure Fund III (USTE) Bus AIV, LP (Fund USTE); ISQ Global Infrastructure Fund III Bus AIV, LP (Fund AIV); and ISQ Global Infrastructure Fund III (EU) Bus AIV, LP (Fund EU) (collectively, the Applicants). The Board is tentatively approving and authorizing the transaction, and, if no opposing comments are timely filed, this notice will be the final Board action.
Learn More🚂Portland & Western Railroad Acquisition and Operation Exemption
The Surface Transportation Board has approved Portland & Western Railroad, Inc.'s exemption to acquire and operate 1.01 miles of rail line near Banks, Oregon. The transaction involves a purchase agreement with the Port of Tillamook Bay and indicates no current customers or operating employees on the line. Regulatory compliance and labor notice requirements are also addressed.
Learn More🏛️Executive Order 14275
Executive Order 14275 focuses on reforming the Federal Acquisition Regulation (FAR) to improve efficiency in federal procurement. It emphasizes creating a streamlined process by eliminating unnecessary regulations while safeguarding economic and national security interests. The order mandates revisions to the FAR and the alignment of agency supplements, aiming for a more effective procurement system that supports both industry growth and government accountability.
Learn More🚆Norfolk Southern's Proposed Acquisition of Norfolk & Portsmouth Belt Line
Norfolk Southern Corporation and Norfolk Southern Railway Company (collectively, Applicants) are seeking Board approval to acquire control of Norfolk & Portsmouth Belt Line Railroad Company (NPBL). In this decision, the Board is publishing notice of the proposed procedural schedule, inviting public comments on that schedule, and designating 2023 as the year to be used for the impact analysis.
Learn More🏦Guidelines on Bank Control Notices and Share Acquisitions
This document announces applications under the Change in Bank Control Act for acquiring shares of banks or bank holding companies. It outlines the processes for public comment, disclosure requirements, and the review process by the Federal Reserve, providing essential information for stakeholders in the banking industry.
Learn More⚔️Modernizing Defense Acquisitions and Boosting Innovation
Executive Order 14265 is focused on reforming the defense acquisition processes to enhance procurement efficiency and innovation within the U.S. defense industrial base. It emphasizes the need for a comprehensive overhaul to boost military capabilities, streamline compliance, and incentivize risk-taking and innovative solutions within the defense sector. The order mandates a review of acquisition programs and workforce restructuring to align with strategic objectives.
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