Tank carrier Quality Distribution Inc. has agreed to be acquired for approximately $800 million by private equity firm Apax Partners, the companies announced.
May 7, 2015Business, Government, Safety
Quality Distribution Agrees to $800 Million Sale to Private Equity Firm
Business, Safety
Jobless Claims in US Hover Near Lowest Levels in 15 Years
Fewer Americans than forecast filed applications for unemployment benefits last week, dropping the average over the past month to the lowest in 15 years, indicating companies are holding on to workers.
May 7, 2015Business, Safety
Weekly Intermodal Rail Traffic Rises 5.7%
U.S. rail intermodal traffic rose 5.7% in the week ended May 2 compared with the same week last year as carload traffic declined 4.8%, the Association of American Railroads reported.
May 7, 2015Business, Safety, Government, Logistics, Fuel
BNSF Oil-Train Derailment Sets Tank Cars on Fire in North Dakota
A BNSF Railway train carrying crude oil derailed in North Dakota, setting several tank cars on fire and prompting the evacuation of nearby residents, U.S. and local authorities said.
May 6, 2015Business, Safety, Autonomous
Truck/Rail Freight Rises 2% in 1Q, IANA Report Says
The Intermodal Association of North America pegged first-quarter truck/rail shipment growth at 2%, which was achieved despite a drop in international cargo due to West Coast port delays.
May 5, 2015Government, Safety
FMCSA Mulling Over Whether Exemption Process Is Necessary for Diabetic Drivers
The Federal Motor Carriers Administration has issued a notice of proposed rulemaking under which truck drivers with controlled diabetes would no longer have to apply for medical exemptions.
May 5, 2015Business, Safety, Technology, Government, Autonomous
TT Archives: Substance Abuse Testing
In 1994, after several years of preparation alcohol testing was announced for truck and bus drivers in both interstate and intrastate commerce. These regulations build on the transportations industrys track record with drug testing over the past three years, said Transportation Secretary Federico Pena.
May 4, 2015Government, Business, Safety
Bill Maintains Restart Suspension, OKs Twin 33s
WASHINGTON A House appropriations bill unveiled last week could keep the suspended 34-hour restart rule from being reinstated by Sept. 30, and would permit use of twin 33-foot trailers.
May 4, 2015Business, Safety
Indiana Warns Truckers of HIV Outbreak on I-65 Corridor in Southern Part of State
Truck drivers traveling the Interstate 65 corridor between Louisville, Kentucky, and Indianapolis are being alerted to an HIV outbreak traced to a rural community in southern Indiana.
May 4, 2015Government, Business, Safety
ATA Requests HOS Rest Break Exemption for Some Hazmat Drivers
American Trucking Associations has applied for an exemption on behalf of a group of hazardous materials drivers to the hours-of-service rule on 30-minute breaks.
May 1, 2015