•Proficient Auto Logistics signed a definitive agreement to acquire Hansen and Adkins, creating North America's largest finished vehicle logistics platform.
•The company announced the launch of a $75 million convertible bond offering to fund expansion and operations.
•Morgan Stanley announced the launch of the U.S. Innovation Infrastructure Initiative to facilitate $1.5 trillion in capital and financing over 10 years.
•Bloomberg data shows shipping transits through the Strait of Hormuz remain largely disrupted Monday morning despite reports of Iran and Oman nearing a deal.
