Knight Transportation Inc. said in a Securities and Exchange Commission filing that takeover target USA Truck Inc.ās ārecent financial results demonstrate only limited improvement and that its recent share price surge is unsupported by either industry or company specific fundamentals.ā
November 4, 2013Search
Showing 10 of 8832 results
= Premium Content
Jobless Claims Decline by 10,000 as California Clears Backlog
Jobless claims declined by 10,000 for the week ended Oct. 26 as backlogs in California cleared after a switch in computer systems, Bloomberg News reported.
October 31, 2013Trimbleās Profit Increases in 3Q
Trimble Navigation Ltd. reported higher third-quarter profit than a year ago and said earnings nearly doubled at its segment that includes trucking technology providers PeopleNet Communications Corp., TMW Systems Inc. and ALK Technologies Inc.
October 31, 2013Truck Drivers Halt Work at Port of Oakland
Some truck drivers at the Port of Oakland stopped working Oct. 21 to protest what they called unsafe working conditions and unfair labor practices, the San Francisco Chronicle reported.
October 22, 2013Used Sleeper Cab Prices Reach Record as Low-Mileage Units Arrive, ATD Says
Retail prices for used Class 8 sleepers have soared to a record high as models with lower mileage begin reaching the market, according to American Truck Dealers.
October 21, 2013Congress Sends Apnea Bill to President; Measure Requires FMCSA Rulemaking
Congress has passed and sent to President Obama for his signature legislation to require the Federal Motor Carrier Safety Administration to conduct a full rulemaking process on the testing and treatment of truck drivers for sleep apnea, rather than issuing guidance.
Ģż
Ģż
October 14, 2013Takeover Target USA Truck Sues Knight
USA Truck Inc. has sued Knight Transportation, which is trying to acquire USA Truck, for breach of contract, claiming that Knight breached a confidentiality agreement between the two companies.
October 11, 2013Bill Seeks Evaluation of TWIC Program
Rep. Sheila Jackson Lee (R-Texas), has introduced legislation to require the secretary of the Department of °®¶¹“«Ć½land Security to complete a ācomprehensive security assessmentā of the Transportation Worker Identification Credential program.
October 10, 2013Federal Officers May Open In-Transit Packages Under PHMSA Rule
The Pipeline and Hazardous Materials Safety Administration has issued a rule reaffirming that agency inspectors have the right to open in-transit packages that they suspect do not comply with hazmat regulations or present a potential safety hazard.
October 8, 2013Editorial: Not Much Harm ā Yet
The opening days of the sad soap opera being played out on Capitol Hill apparently did little damage to the nationās freight distribution system, according to what industry executives told our reporters last week.
October 7, 2013