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Ohio Company To Buy Kenan For $84 Million
Advantage Management Group, an Ohio-based holding company with trucking and logistics assets, will buy tank truck carrier Kenan Transport Co. for about $84 million in cash, creating one of the nation’s largest bulk haulers of petroleum products, operating in 35 states.
February 8, 2001Justin Olsen, maintenance director at TCW, breaks down the hidden impact of poor trailer management on operations, compliance and safety.
Truck Makers Offer Features Designed to Reduce Drivers’ Pains
Oh, my achin’ back!” Practically anybody who has a hands-on relationship with trucks has had occasion to say that.
February 8, 2001Private Truck Group Selects Mover Executive As Its New President
The National Private Truck Council named former National Moving and Storage Association chief executive Gary Frank Petty as its new president.
February 8, 2001Utah Researchers Find Gene
Cirillo Leads FMCSA asMineta Eyes Candidates
Secretary of Transportation Norman Y. Mineta has a list of candidates to fill the Federal Motor Carrier Safety Administration’s top spot, but has not yet pinpointed anyone for the job. In the interim, Julie A. Cirillo continues to lead the agency.
February 8, 2001Survey Links Fatigue to Scheduling
The Federal Motor Carrier Safety Administration unveiled results from a four-year survey on how carrier scheduling affects driver fatigue, drawing a clear line between management practices and drivers’ perceptions of fatigue.
February 8, 2001Diesel Price Drop Predicted Despite Recent Increases
Market observers are still predicting a drop in the price of diesel fuel despite two consecutive weeks of rising prices.
February 8, 2001Dunn Resubmits Bill To Repeal Estate Tax
WASHINGTON — Hoping for a better reception at the Bush White House than she got from the Clinton administration, Rep. Jennifer Dunn (R-Wash.) last week reintroduced her bill to repeal the estate tax.
February 8, 2001CN Terms $1.2 Billion Purchase Of Railroad ‘Minor Transaction’
Canadian National Railway Co. says its plan to purchase the Wisconsin Central Transportation Corp. at a cost of $1.2 billion should be seen by the Surface Transportation Board as a “minor transaction..
February 8, 2001Freightliner, International To Make Production Cuts
More than 12,000 jobs have now been eliminated in the slumping truck-manufacturing industry since October 1999 as two more manufacturers announced new production cuts.
February 8, 2001