To be a fleet of fewer than 100 trucks in America today is to be a long-tailed cat in a room full of rocking chairs: every move fraught with risk, perils at every turn. Large fleets can outpace, outperform, outbuy, outhire and outlobby the smaller fleets.
The orange and white barrels are being rolled out big time in one part of Texas due a major Interstate expansion project.
According to the latest edition of American Trucking Associations’ Trucking Activity Report, the annualized turnover rate at large truckload fleets rose two percentage points to 99% in the second quarter of 2013.
Apollo Tyres Ltd.'s friendly takeover of Cooper Tire & Rubber Co. is not so friendly anymore. On Friday, Oct. 4, 2013, Cooper filed a complaint in Delaware Chancery Court asking that subsidiaries of Apollo "be required to expeditiously close the pending merger between the two tire companies in accordance with the terms of the definitive merger agreement."
Syracuse University’s Whitman School of Management awarded Earl Congdon Jr., executive chairman of the board of Old Dominion Freight Line Inc., with the Harry E. Salzberg Medallion.