Knight Transportation Inc. said in a Securities and Exchange Commission filing that takeover target USA Truck Inc.’s “recent financial results demonstrate only limited improvement and that its recent share price surge is unsupported by either industry or company specific fundamentals.â€
November 4, 2013Search
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Carrier Logistics Enhances Dock System
Carrier Logistics Inc., a freight management software provider, announced that it added new features to its dock management system.
January 1, 2012iTech: Managing a Fistful of Trucks
By Bruce Lilly, Contributing Writer
This story appears in the August/September 2013 issue of iTECH, published in the Oct.
January 1, 2012Jobless Claims Decline by 10,000 as California Clears Backlog
Jobless claims declined by 10,000 for the week ended Oct. 26 as backlogs in California cleared after a switch in computer systems, Bloomberg News reported.
October 31, 2013Trimble’s Profit Increases in 3Q
Trimble Navigation Ltd. reported higher third-quarter profit than a year ago and said earnings nearly doubled at its segment that includes trucking technology providers PeopleNet Communications Corp., TMW Systems Inc. and ALK Technologies Inc.
October 31, 2013Truck Drivers Halt Work at Port of Oakland
Some truck drivers at the Port of Oakland stopped working Oct. 21 to protest what they called unsafe working conditions and unfair labor practices, the San Francisco Chronicle reported.
October 22, 2013Used Sleeper Cab Prices Reach Record as Low-Mileage Units Arrive, ATD Says
Retail prices for used Class 8 sleepers have soared to a record high as models with lower mileage begin reaching the market, according to American Truck Dealers.
October 21, 2013Obama Signs Law on Sleep Apnea Regulation
President Obama signed into law a congressional act allowing the Transportation Department to regulate sleep apnea testing and treatment for commercial motor vehicle drivers as long as the regulation is the product of a formal rulemaking process.
October 16, 2013Congress Sends Apnea Bill to President; Measure Requires FMCSA Rulemaking
Congress has passed and sent to President Obama for his signature legislation to require the Federal Motor Carrier Safety Administration to conduct a full rulemaking process on the testing and treatment of truck drivers for sleep apnea, rather than issuing guidance.
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October 14, 2013Takeover Target USA Truck Sues Knight
USA Truck Inc. has sued Knight Transportation, which is trying to acquire USA Truck, for breach of contract, claiming that Knight breached a confidentiality agreement between the two companies.
October 11, 2013