September 30, 2013 - Industry News
Phoenix-based truckload carrier Knight Transportation, has responded to USA Truck’s recent rejection of its purchase offer, saying it's disappointed and announcing it's upped its ownership share of the company.
Tags: Fleets, USA Truck, Mergers & Acquisitions, Knight Transportation
September 26, 2013 - Industry News
Con-way Freight announced a major expansion for central Texas and surrounding communities with plans to build a new, 48-door, 18,870-square-foot freight service center in the city of Robinson.
Tags: Con-way Freight, LTL, Fleets, Con-way Truckload, Texas
UPDATED -- Knight Transportation wants to buy USA Truck, but so far USA Truck hasn't been interested, so Phoenix-based Knight Thursday went public with its proposal to acquire all of the outstanding share of USA Truck.
September 24, 2013 - Industry News
The Federal Motor Carrier Safety Administration has ordered Laredo, Texas-based Redco Transport to immediately cease its trucking operations, declaring the company to be an imminent hazard to public safety.
Tags: FMCSA, CSA, Fleets, Safety & Compliance
September 23, 2013 - Industry News
Canadian-based Vitran Corporation has announced it has entered into an agreement to sell its U.S. less-than-truckload business.
Tags: Cross-Border Trucking, Fleets, Mergers & Acquisitions
The parent of several trucking operations, YRC Worldwide, has announced CEO James Welch has assumed the responsibilities as president of the company’s national less-than-truckload service provider YRC Freight. He succeeds Jeff Rogers, who left the company for undisclosed reasons.
Tags: YRC Worldwide, YRC Freight, Leadership, Fleets
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
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