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MGM Transport Bought by Private-Equity Firm

MGM Transport Corp. has been acquired by private-equity firm CF Holding Co. for an undisclosed sum, the Business Journal of the Greater Triad Area, in North Carolina, reported last week.

July 9, 2007

EPA Proposes Tightening Ozone Standard

The Environmental Protection Agency proposed reducing the amount of ozone in the air, which trucking industry and manufacturing officials said could lead to retrofits of older trucks.

July 9, 2007

Port of Oakland to Launch GPS Tracking System

Trucking companies, owner-operators and shippers at the Port of Oakland, Calif., and Oakland’s World Trade Center will be able to track freight using Global Positioning System technology starting in about six months.

July 9, 2007

Editorial: Endings and New Beginnings

This week’s issue of Transport Topics is the last one that will be produced at 2200 Mill Road in Alexandria, Va., the headquarters of American Trucking Associations, our owner, for almost 24 years.

July 9, 2007

May Factory Orders Dip 0.5%

U.S. factory orders fell 0.5% in May, the Commerce Department said Tuesday.

July 3, 2007

Clarification: Werner Gains C-TPAT Validation

Truckload carrier Werner Enterprises said late Monday it has become a validated member in the Customs-Trade Partnership Against Terrorism, or C-TPAT, federal cross-border trade program.

July 2, 2007

Freightliner Machinists Strike Oregon Plant

Machinists for Freightliner Trucks in Portland, Ore., went on strike Tuesday morning over insurance and overtime provisions in a proposed labor contract, the Oregonian newspaper reported.

July 3, 2007

Trucking Shares Rise

Shares of several major trucking companies rose this week, boosted by a report suggesting continued demand for raw materials and the need to transport those goods, the Associated Press reported.

July 3, 2007

Ontario to Introduce Legislation on Speed Limiters

The Ontario government will introduce legislation this fall to adopt a proposal put forward by the Ontario Trucking Association almost two years ago to make 65-mph speed limiters on trucks mandatory, OTA said last week.

July 9, 2007

European Regulators OK Chrysler Sale

European Union regulators have approved private-equity firm Cerberus Capital Management’s plan to buy DaimlerChrysler’s Chrysler division for $7.5 billion, Bloomberg reported Tuesday.

July 3, 2007