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The chairman, vice-chairman and president of TransFinancial Holdings have proposed a buyout of all of the outstanding stock in the company for $5.25 a share, or about $17 million.

Prospects for reforming driver hours by general consensus withered when the Transportation Department released a report June 10 that recommended against trying to bring interested parties around the table to work out a new regulation.

ARLINGTON, Va. — American Trucking Associations doesn’t plan to actively lobby for passage of legislation allowing states to increase maximum truck weights to 97,000 pounds.

ARLINGTON, Va. — Political clout and policy discussions were the main attractions at American Trucking Associations’ Summer Leadership Meeting that featured appearances from top lawmakers, reporters and regulators.

ARLINGTON, Va. — Trucking is getting some help from academia in fighting a proposed federal legislation on repetitive stress injuries.

Transit Group, Atlanta, agreed to buy Fox Midwest Transit and its affiliate, Shippers Distribution Services, both based in Green Bay, Wis., for $5 million in cash and 515,000 shares of Transit Group stock.

The national average price of diesel fuel bounced to $1.068 per gallon, rising nine-tenths of a cent from the previous week’s average of $1.059 and reversing a four-week slide. The increase was driven in large measure by a 5-cents-a-gallon increase in California.

A truck-driving California congressman suggested that if officials at the Department of Transportation can’t pull the trigger on new hours-of-service regulations, Congress should do it for them.

ARLINGTON, Va. -- A congressman who also is a trucking executive is pressing for passage of legislation that would speed up restoration of the 80% tax deduction for meal while truckers are on the road.

Three weeks into the division of Conrail between Norfolk Southern and CSX railroads, incompatible computer systems have caused so many problems that United Parcel Service, their biggest intermodal customer, has pulled 50% of its traffic off both railroads and put it back on the highways.