Quality Distribution to Sell for About $800 Million
The trucking company Quality Distribution Inc. has reached an agreement to be acquired by the private investment fund Apax Partners.
The trucking company Quality Distribution Inc. has reached an agreement to be acquired by the private investment fund Apax Partners.
There are still a few misconceptions about autonomous commercial vehicles. They are not driverless trucks, but trucks that help make drivers' lives a little easier and roadways safer through the use of advanced technology. Jim Park takes a ride in Daimler's Inspiration Truck.
Paccar Leasing Company (PacLease) will begin offering a medium-duty leasing program called the PacLease Value Spec, the truck maker has announced.
According to the Florida-based company this was the result of an “intangible asset impairment charge” of just over $2 million, with an with an after tax impact to net income of $1.265 million, relating to its November 2013 purchase of Pipeline Transportation.
As it showcased its Freightliner Inspiration Truck automated truck, Daimler Trucks North America talked about sources for its inspiration -- primarily customers, but also other factors, including regulations.
The Department of Transportation’s Office of Inspector General has announced it will audit the Federal Motor Carrier Safety Administration’s investigative practices for high-risk motor carriers.
The number of available loads on the spot truckload market decreased 2.9% and capacity fell 1.8%, according to DAT Solutions, which operates the DAT network of load boards.
Private sector, non-farm employment increased by less than 200,000 jobs in April for the second straight month, according to a new report released Wednesday.
The economy is in a “particularly volatile state,” with some saying it is going up while others think it is going down, according to Noel Perry, founder of Transport Economics, speaking at the ALK Transportation Technology Summit.
Total intermodal shipments in the U.S. and Canada rose 2% over last year’s first quarter volumes despite port congestion issues that impacted international container traffic, according to new figures from the Intermodal Association of North America.
The truckload and logistics services provider, Transport Corp. of America Inc., announced this week Scott Arves will be stepping down as president on June 1.
New bipartisan legislation introduced in the Senate could help bridge the highway funding gap by expanding the use of tax-exempt bonds and implementing a new tax credit to help state and local governments pay for infrastructure projects.
Economic activity in the nation’s service sector increased in April, according to two reports released on Tuesday.
The U.S. Supreme Court has denied motions seeking to overturn a ruling that upheld a California statute requiring a paid 10-minute rest break every four hours and a paid 30-minute meal period every five hours for truck drivers.
USA Truck turned its finances around in the first three months of the year, reporting a profitable first quarter for the first time since 2007.
The secure and easy all-access connection to your content.
Bookmarked content can then be accessed anytime on all of your logged in devices!
Already a member? Log In