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Shareholders Sue Quality Over IPO Prospectus
Less than three months after tank-truck carrier Quality Distribution initially offered its stock to the public, lawyers representing people who bought some of the shares have sued the company, alleging that its prospectus was false and misleading because it overstated financial results.
March 4, 2004TT's Seth Clevenger and Mike Senatore unpack the trends, surprises and shake-ups that define this year's Top 100 for-hire carriers..
News Briefs - March 4
Productivity Rises at 2.6% Clip in 4Q Smithway Founder Smith Dies OPEC May Raise Oil Output if Prices Stay High Dynamex's Fiscal 2Q Earnings Rise And more...
March 4, 2004News Briefs - March 3
ISM Services Index Dips but Shows Expansion February Job-Cut Announcements Fall 34% AmeriQuest Corp. Starts New Division Navistar Corp. Promotes Allen and Cochran And more...
March 3, 2004Police, Industry Brace for End of HOS Soft Enforcement
As the end of a soft enforcement period for new federal rules governing truck driver hours approached, law enforcement and industry officials said they were ready for fines for violations.
March 3, 2004Opinion: How to Profit Under the New Hours of Service
Click here to write a Letter to the Editor. ince Jan. 4, trucking has been adjusting to the new federal hours-of-service regulations that are driving major changes in the industry.
March 3, 2004Factory Activity Increasing, Federal Reserve Says
Factory activity increased throughout most of the country, as the U.S. economy "continued to expand" in January and February with moderate employment growth, the Federal Reserve said Wednesday in its Beige Book survey of regional economies.
March 3, 2004Security Briefs - Feb. 26 - March 3
Highway Shooter Sought in California Post Office Asks Congress for Security Funding Mexico Says It Will Cooperate With U.S. in Anti-Terror Fight U.S. Wants Customs Agents at Foreign Airports
March 3, 2004News Briefs - March 2
Ryder Completes Acquisition of Ruan Journal: Manufacturers Starting to Hire Again Morrow Named President of Motor Cargo Industries Notes at Truck Stop Could Offer Clues in Murders And more...
March 2, 2004Average Diesel Price Rises Another 2.4 Cents to $1.619
The average retail price of diesel fuel in the United States rose 2.4 cents per gallon to $1.619, the Department of Energy said Monday.
March 2, 2004Letter to the Editor: Hours-of-Service Rule
Click here to write a Letter to the Editor. think the changes in the federal hours-of-service rules for drivers are long overdue. For once, the safety of the driver, his health, his home life, not to mention the safety of the people that he or she shares the road with, have been taken into consideration over dollars and cents.
March 2, 2004