New Majority owners for KLLM
KLLM Transport Services, Richland, Miss., has been sold to a group of Jackson, Miss., investors, as some of the last assets of ex-WorldCom CEO Bernie Ebbers were sold of
KLLM Transport Services, Richland, Miss., has been sold to a group of Jackson, Miss., investors, as some of the last assets of ex-WorldCom CEO Bernie Ebbers were sold off
as part of a lawsuit settlement stemming from the accounting scandal that sent him to prison for 25 years.
Ebbers had a majority stake in KLLM, according to Mississippi's Clarionledger.com. In March, a group of Jackson investors bought out Ebbers' stake, but the names of the buyers were not revealed.
KLLM President and CEO Joe Richards told the paper they were "glad that's behind us" and emphasized the company is here to stay, predicting that the refrigerated carrier would be able to pick up business as the high fuel prices drive some smaller companies out of business. KLLM did recently drop its dry van business to focus on its core business of climate-controlled trucking, according to the paper.
Ebbers was convicted of fraud and conspiracy in 2005 for his role in the $11 billion WorldCom scandal.
More Drivers
FDA Eases Path for Oral-Fluid Testing
Federal actions could advance oral-fluid drug testing for truck drivers, but lab certification delays and marijuana rescheduling questions remain.
Read More →
Why Hiring Truck Drivers Is Getting Harder
Higher recruiting costs, a shrinking driver pool, and renewed pay competition are raising the stakes for fleets heading into 2027.
Read More →
Roehl Offers Truck Drivers $10,000 Retention Incentive
Payments begin after the first load and continue in mileage-based installments for eligible experienced drivers joining the fleet.
Read More →
Platform Science Adds Dispatch and Safety Tools
Four additions to PS Fleet help fleets monitor loads, manage driver coaching, share truck locations and adjust video system settings.
Read More →
When Language Stops the Truck: The Return of ELP Out-of-Service Orders
English language proficiency rules for commercial drivers aren’t new, but renewed out-of-service enforcement has raised the stakes. Here’s what carriers need to know before a driver reaches a roadside inspection.
Read More →
Samsara Launches Custom AI Agent Builder
Agent Studio lets fleets create AI tools for hours-of-service monitoring, reporting and driver support, including agents that communicate by phone.
Read More →
Trucker Path Expands Reserved Parking Network
Trucker Path has added close to 6,000 more truck parking spaces to its Trucker Path Reserved Parking Network with the addition of Safe Truck Parking.
Read More →
EEOC Sues Texas Trucking Company Over Driver Age Limits
The agency says Trancasa USA rejected applicants over 65 and applied tougher driving-record standards to those over 60.
Read More →
Nussbaum, Roehl Announce Second Driver Pay Increase This Year
This year has seen a swath of major truck driver pay increases as freight capacity has tightened.
Read More →
From One Generation to the Next: How Mentorship Builds Safer Truck Drivers
After three decades in trucking, Harold Perry shares what he's learned about driver safety, mentorship, and helping the next generation build confidence behind the wheel.
Read More →