The Federal Trade Commission has removed one of the last hurdles facing the proposed merger of Pilot Corp. and Flying J by ordering the two truck-stop chains to sell certain locations to rival rest stop operator Love’s Travel Stops and Country Stores.
July 1, 2010Business
June Class 8 Truck Sales Rise 11%
Retail sales of heavy-duty trucks in the United States climbed for a sixth straight month, rising 11.1% in June from year-ago levels, and are now up by 13.3% for the year to date, according to WardsAuto.com.
July 19, 2010Business
Pilot, Flying J Ready to Merge After Plan Clears Final Hurdles
Pilot Corp. and Flying J Inc. said they are preparing to integrate their massive network of interstate truck stops after reaching several agreements that should allow their proposed merger to move forward.
July 12, 2010Business
Arrow Says Used Truck Sales Up In 2010, but Shortage Possible
KANSAS CITY, Mo. — Arrow Truck Sales, one of the nation’s largest dealers of used Class 8 trucks, said sales increased about 60% during the first five months of 2010, compared with a year earlier.
July 5, 2010Business
Manufacturers Blast Moves that Could Raise LTL Rates
Shoe and clothing manufacturers are fuming at a decision that preserves less-than-truckload carriers’ freedom to raise shipping rates for shoes by up to 50% and could quadruple prices to ship clothing.
June 21, 2010Business
Class 8 Truck Sales Up 13.5%
U.S. retail sales of Class 8 trucks topped weak year-over-year comparisons for the fifth straight month in May, this time by 13.5%, WardsAuto.com reported.
June 21, 2010Business
Groups Concerned About Ariz.’s Rest Area Commercialization
A coalition of truck stops, restaurant franchises and other businesses have expressed opposition to Arizona’s proposal to stem budgetary shortfalls by commercializing the state’s interstate rest areas.
June 15, 2010Business
Used Truck Registrations Boom as New Class 8 Sales Increase
U.S. registrations of used Class 8 trucks jumped to 69,474 vehicles in the first quarter of the year, nearly 54% more than the same period in 2009, R.L. Polk & Co. said.
May 24, 2010Business
Truck Stops Applaud Measure to Limit Credit Card Fees
Truck-stop operators and other retail outlets praised an amendment to the Senate’s financial reform package that would limit the fees credit- and debit-card companies charge stores.
May 24, 2010Business
Class 8 Truck Sales Rise 29.5% in April
Heavy-duty U.S. truck sales grew by 29.5% last month, the fourth straight month of expansion, compared with the weak results of April 2009, WardsAuto.com reported.
May 17, 2010