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Arkansas Best Corp. will acquire Panther Expedited Services Inc. from Fenway Partners LLC for approximately $180 million, with all of Panther's outstanding debt being repaid as part of the transaction
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The heavy-duty aftermarket industry has little to no fear, as the number of commercial vehicles in operation is expected to multiply from 6.5 million units in 2010 to 7.6 million units in 2017, according to a new analysis from industry research firm Frost & Sullivan
Read More →Total U.S. business logistics costs in 2011 rose to $1.28 trillion, a 6.6% increase from the previous year and accounting for 8.5% of the U.S. gross domestic product, according to the Council of Supply Chain Management Professionals' 23rd Annual "State of Logistics Report," presented by Penske Logistics
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The U.S. Environmental Protection Agency has established a verification program for retreaded tires used on Class 8 line-haul trucks. Once a retreaded tire receives EPA certification, fleets using those tires will be compliant with CARB regulations for low-rolling-resistance tires
Read More →The Owner-Operator Independent Drivers Association has filed an Order to Show Cause in federal court against the Minnesota State Patrol and the Commercial Vehicle Safety Alliance for the recently amended out-of-service criteria for fatigue
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Michigan has passed a bill to dedicate part of its 4-cent sales tax on motor fuel to road improvements, reports The Detroit News
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Carriers are concerned about CSA 2010 regulations, but they have found some of their shippers to be concerned about CSA scores as well, according to Transport Capital Partners' Second Quarter 2012 Business Expectations Survey.
Read More →The amount of freight carried by the for-hire transportation industry rose 0.2% in April from March, rising after a one-month decline, according to the U.S. Department of Transportation's Bureau of Transportation Statistics' Freight Transportation Services Index
Read More →The Federal Motor Carrier Safety Administration Office of Analysis, Research and Technology will hold its annual webinar providing data on truck and bus crashes twice on Thursday, June 21, at 11 a.m. and 2 p.m. EST.
Read More →The Transport Women Australia LTD annual conference in September in Melbourne, Australia, will include an international perspective from Women In Trucking Association's President and CEO, Ellen Voie
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