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Roper Industries to Acquire TransCore
Roper Industries Inc. said it signed a definitive agreement to acquire TransCore Holdings Inc. from an investor group led by KRG Capital Partners LLC for about $600 million.
October 7, 2004News Briefs - Oct. 6
Yellow Transportation Wins Chamber of Commerce Recommendation • Covenant Transport Lowers Third Quarter Expectations • Tennessee Cracks Down on Truckers' Seat Belt Use • And more...
October 6, 2004Security & Safety Briefs - Sept. 30 - Oct. 6
Motorola Expands Relationship with SkyBitz • Schneider to Install Qualcomm Trailer-Tracking System • WestStart-CalStart Gets DOD Funding for Heavy-Duty Hybrid Truck • I-10 Bridge Reopens in Florida
October 6, 2004Heavy Demand, Backlogs Add to Longer Wait for New Trailers
ANAHEIM, Calif. — Trailer demand is strong but manufacturers have extended delivery times for orders because of supplier backlogs and insufficient production capacity, they said recently.
October 6, 2004Some Insurers Stop Writing Policies in Wake of Storms
Some insurance brokers stopped writing insurance policies after several hurricanes rampaged across the southern and eastern United States, potentially hitting carriers with higher costs just after the storms caused business losses, fleet and insurance representatives said.
October 6, 2004USDA Releases Voluntary Agricultural Security Guidelines
The U.S. Department of Agriculture released new, voluntary security guidelines Tuesday for haulers of food and agricultural products.
October 6, 2004Crude Oil Closes Above $52 a Barrel
A day after closing above $51 for the first time, crude oil prices topped $52 a barrel at Wednesday's close, news services reported.
October 6, 2004Transportation Services Index Rises 0.4% in July
The Department of Transportation said Wednesday its Transportation Services Index rose 0.4% in July, reaching the highest level in the 14-year period covered by the index.
October 6, 2004UPS to Acquire Menlo Worldwide Forwarding
UPS Inc. and CNF Inc. announced Tuesday that UPS has agreed to acquire Menlo Worldwide Forwarding Inc., a subsidiary of CNF Inc., for $150 million in cash and the assumption of $110 million in debt.
October 5, 2004News Briefs - Oct. 5
ISM Services Sector Drops in September • Crude Oil Tops $51 in Intraday Trading • Volvo Renews Support of America's Road Team for 2005 • Mack Renews Sponsorship of ATA's Share the Road Program
October 5, 2004