Dan Pixler, U.S. Trucking president and ceo, said the acquisitions would expand the company's revenue base in non-asset, fee-based businesses which represent approximately 70% of total current revenues. The company would benefit from greater economies of scale, operating efficiencies and improved margins and profits. The acquisition was expected to increase revenues to more than $65 million within the first year.
On March 18, the U.S. Supreme Court declined to hear an appeal in a case involving the alleged misclassification of California owner-operator drivers as independent contractors rather than employees – but it's far from the end of the battle over employee misclassification in the state.