September 19, 2013 - Industry News
Platinum Equity has completed the acquisition of substantially all the assets of Bridge Terminal Transport Inc. from Maersk Inc., a subsidiary of the A.P. Moller-Maersk Group. Financial terms of the transaction were not disclosed. The business will continue to operate under the Bridge Terminal Transport brand going forward.
Tags: Mergers & Acquisitions, Platinum Equity, Bridge Terminal Transport, Maersk, Fleets
Wheels Group, a North American non-asset third party logistics provider, has acquired BBL Worldwide, a non-asset 3PL company providing specialized cross border truck brokerage services.
Tags: Mergers & Acquisitions, BBL Worldwide, Fleets
The asset-light and logistics service provider, Roadrunner Transportation Systems, Cudahy, Wisc., has acquired Yes Trans, a refrigerated truckload service provider based in Salisbury, Mass.
Tags: Fleets, Roadrunner Transportation, Owner-Operators, Mergers & Acquisitions
September 18, 2013 - Industry News
A U.S. Bankruptcy Court judge in Delaware has given vehicle hauler Allied Systems Holdings the go-ahead to sell most of its assets to a rival auto transporter for $135 million.
Tags: Drivers, Bankruptcy, Fleets, Teamsters
Bennett Motor Express, McDonough, Ga has completed the purchase of Ace Doran Hauling & Rigging, a Cincinnati, Ohio-based company since 1913.
Tags: Fleets, Owner-Operators, Mergers & Acquisitions
September 17, 2013 - Industry News
Many trucking groups and industry suppliers this week are asking Americans to reflect and appreciate the 3.1 million professional truck drivers that deliver America’s freight safely and securely, every day, as part of the 25th annual National Truck Driver Appreciation Week.
Tags: Drivers, ATA, National Truck Driver Appreciation Week, Fleets
The U.S. Attorney’s Office for the Southern District of Texas has announced two convictions resulting from a plan to defraud a lender out of millions of dollars.
Tags: GE Capital, Fleets, Fraud
September 16, 2013 - Industry News
At an auction that concluded on Thursday, auto transporter Allied System Holdings selected fellow auto hauler Jack Cooper Transport as the entity with the best and highest bid.
September 12, 2013 - Industry News
Wisconsin-based Roadrunner Transportation Systems, has acquired G.W. Palmer Logistics, a non-asset truckload service provider based in Batesville, Arkansas.
Tags: Wisconsin, Arkansas, Fleets, Roadrunner Transportation, Mergers & Acquisitions
September 11, 2013 - Industry News
A new Government Accountability Office report throws cold water on Congressionally mandated plans to further regulate tanker wetlines, to the delight of the nation’s tanker carriers.
Tags: Government Accountability Office, U.S. DOT, Safety & Compliance, Tankers, Fleets
The Oregon Department of Transportation recently began limiting the number of temporary passes/trip permits a motor carrier can purchase in a 12-month period – a move that one association representative calls “a money grab” that will affect small-business motor carriers located outside the state.
Tags: Drivers, Oregon, Fleets, Safety & Compliance, Owner-Operators
September 10, 2013 - Industry News
Today's Trucking---30,000 brakes will be inspected on trucks across North America this week, and not all will pass. The annual Brake Safety Week held by the Commercial Vehicle Safety Alliance will see inspectors taking a closer look at brake systems on your trucks.
Tags: Drivers, Brakes, Brake Safety Week, Fleets, Safety & Compliance, CVSA, Enforcement
September 9, 2013 - Industry News
Balloting is set to begin soon for Teamsters Union members at UPS to revote on seven supplemental agreements that were turned back when a national master agreement was approved earlier this summer.
Tags: UPS, Fleets, Teamsters
The American Transportation Research Institute has started its second phase of research on the effects of recent changes to the hours-of-service rules, which went into effect on July 1.
Tags: Drivers, Hours of Service, ATRI, Fleets
The chief financial officer of a trucking company has received a sentence of two and half years in prison in relation to a $3.6 million check kiting scheme.
Tags: Ohio, Fleets, Fraud
UPDATED--New Jersey Republican Gov. Chris Christie has rejected legislation regarding the “misclassification” of some truck drivers in the state as independent contractors rather than employees..
Tags: Drivers, New Jersey, Fleets, Port Trucking, Owner-Operators, Ports, Intermodal
September 5, 2013 - Industry News
A new government report shows revenue in the trucking business increased 1.5% in the first six months of the year in the United States compared to the same time in 2012.
Tags: Economy, Fleets
September 4, 2013 - Industry News
Former trucking company executives Sergio Lagos, Aurelio “Jim” Aleman, and Oscar Barbosa were arrested following the return of a six-count federal indictment charging wire fraud and conspiracy to commit wire fraud.
Tags: Fleets, Fraud, GE Capital
The average marginal cost per mile in 2012 was $1.63, a slight decrease from the $1.71 found in 2011, according to the American Transportation Research Institute's latest update to An Analysis of the Operational Costs of Trucking.
Tags: ATRI, Costs per mile, Fleets
September 3, 2013 - Industry News
Trucking company C.R. England says it is responding to “a stagnant economy, increasing federal regulations and a tightening market for drivers” in making a decision to cut 81 non-driving positions from its workforce.
Tags: C.R. England, Fleets
The Illinois Tollway has posting a list of toll scofflaws on its website following Gov. Pat Quinn signing legislation allowing the tollway authority to publish the names of toll violators owing $1,000 or more.
Tags: Tolls, Illinois Tollway, Illinois, Fleets
August 29, 2013 - Industry News
Teamsters Union members at the trucking company ABF have approved five of the seven remaining supplements, while two did not pass.
Tags: Drivers, Fleets, Teamsters, ABF
August 28, 2013 - Industry News
Highly successful companies use distinct practices in building their workforces and offer more benefits to recruit and retain drivers when compared to all other trucking companies, according to new research in the 2013 Texas Trucking Industry Study.
Tags: Drivers, Texas, Recruiting, Fleets, Retention
August 26, 2013 - Industry News
Businesses that dispatch vehicles or owner operators in California must verify that each contracted vehicle is in compliance with the California Truck & Bus regulation or has reported compliance to the California Air Resources Board.
Tags: CARB, California, Fleets, Owner-Operators, Clean Air Retrofit
August 23, 2013 - Industry News
Pennsylvania DOT Secretary Barry Schoch has authorized his department to add or increase weight restrictions to about 1,000 structurally deficient bridges.
Tags: Drivers, Pennsylvania, Highway Funding, Fleets, Road Construction, Bridges
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