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Greenbriar Equity Group raised its offer to buy out parcel courier Dynamex to $24 a share from $21.50 a share after an unidentified investor topped Greenbriar’s original offer and nearly derailed the private equity fund’s takeover effort.

TNT NV, the Netherlands-based package and mail delivery operator, said it would spin off Europe’s second-biggest express delivery service and keep the smaller mail division, Bloomberg reported.

The evidence continues to mount that 2011 will turn out to be a pretty good year for the U.S. economy in general and for trucking in particular.

Swift Holdings Corp., the new corporate name for carrier Swift Transportation, said it plans to raise as much as $1.01 billion this month in an initial public offering of shares that could be the largest ever for a truckload fleet.

American Trucking Associations last week asked the Pipeline and Hazardous Materials Safety Administration to facilitate the use of consolidation bins in transporting small packages of hazmat materials.

WASHINGTON — The Federal Motor Carrier Safety Administration now aims to publish its revisions to the hours-of-service rule and a proposed expansion of its electronic data recorder requirement by the end of the year, the agency’s head said last week.

WASHINGTON — Trucking industry executives, citing projected U.S. population growth and growing freight demand, said that increasing the productivity of trucks by making them larger or heavier was necessary.

A handful of truckload fleets have raised owner-operator pay as the driver market tightens.

In a potentially far-reaching decision, the Internal Revenue Service has determined that a Southern California drayage operator classified a truck driver as an independent contractor rather than an employee.