Swift Transportation Co. founder Jerry Moyes said Thursday he has completed his $2.5 billion takeover of the truckload carrier.
May 11, 2007Transportation Compliance News
Transport Topics government and regulatory coverage keeps managers of a highly-regulated industry aware of the policy decisions that can shape their businesses. Covering both the legislative and regulatory aspects of policy-making, at both the state and national levels, the news in this category includes looks at infrastructure, hours of service, emissions rules, funding measures, leadership appointments, and more. Readers can follow whats happening in Congress, at the Department of Transportation and the Federal Motor Carrier Administration, and in state and local governments.
Innovative Computing Adds Features
Innovative Computing Corp. added several features to its main transportation package, called Innovative Enterprise Software, the company said.
May 14, 2007Fla. Reopens Roads Following Fire
Florida officials reopened parts of two interstates near the Georgia border that were closed over the weekend, but said intermittent closures could continue as wildfire smoke poses a safety hazard, the Associated Press reported.
May 14, 2007Court OKs Allieds Plan
Auto carrier Allied Holdings said Saturday that a bankruptcy court has approved its reorganization plan.
May 14, 2007Trimacs Earnings Dip in 1Q
Canada-based transportation firm Trimac Income Fund said its first-quarter net earnings fell to C$1.5 million or 5 cents per unit, from C$3.7 million or 7 cents a year earlier.
May 14, 2007Fleets Grow as Freight Falls
NEW YORK The decline in freight volume this year and the number of heavy-duty trucks purchased last year during the pre-buy were both markedly bigger than analysts thought, leading to too many trucks chasing too little business.
May 14, 2007STB Ends Antitrust Immunity for Trucking Rate Bureaus
The Surface Transportation Board has revoked the authority of motor carriers to engage in collective ratemaking and freight classification.
May 14, 2007Firms Seek to Replace Pension Funds
NEW YORK The top executive at Arkansas Best Corp. said he expects to offer his fleets unionized employees a less-costly pension benefit plan and withdraw from the current Teamsters multi-employer funds.
May 14, 2007Business Inventories Fall; Sales Rise
U.S. business inventories fell in March but sales rose, the Commerce Department said Friday.
May 11, 2007April Retail Sales Fall 0.2%
Retail sales fell 0.2% in April, the Commerce Department said Friday.
May 11, 2007Trending
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