Apollo Management Group, which has bid to buy transportation firm EGL Inc., has sued EGL and its board to prevent EGL’s sale to a group of investors led by its chief executive officer, Bloomberg reported.
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Justin Olsen, maintenance director at TCW, breaks down the hidden impact of poor trailer management on operations, compliance and safety.Ìý
Truck Tonnage Index Declines 1.7% from Feb. ’06
American Trucking Associations’ advanced seasonally adjusted truck tonnage index for February fell 1.7% from the same month a year ago, marking the eighth straight year-to-year decline, ATA said late Monday.
Driver Turnover Falls at Large Truckload Carriers
Driver turnover at large truckload carriers dropped 13 percentage points last year — the first decline since 2001 — while it rose by an identical percentage at smaller truckload carriers, according to a survey produced by American Trucking Associations.
Gasoline Price Rose 5.6 Cents in Past Two Weeks, Lundberg Says
Average U.S. retail gasoline prices rose 5.6 cents in the past two weeks to about $2.61 a gallon, according to the latest Lundberg Survey of filling stations released Sunday.
March 26, 2007Paccar to Trim Production at Ohio Kenworth Plant
Paccar Inc., the parent of Kenworth Truck Co., will temporarily shut down production at Kenworth’s Chillicothe, Ohio, plant, the Chillicothe Gazette reported.
March 26, 2007Turnover Falls at Large TL Carriers
Driver turnover at large truckload carriers dropped 13% last year — the first decline since 2001 — while it rose by an identical percentage at smaller truckload carriers, according to American Trucking Associations.
March 23, 2007Trucking Would Consider Higher Taxes, Graves Says
The trucking industry is willing to pay higher fuel taxes as long as the money is spent to improve the highway infrastructure, American Trucking Associations President Bill Graves said.
March 23, 2007Senate Panel Passes Measure Restricting Mexican Truck Access
The Senate Appropriations Committee Thursday approved an amendment that would prevent Mexican trucking companies from gaining unrestricted access to U.S. highways until American truckers are afforded the same access in Mexico.
March 23, 2007Companies Turn to Tracking Technology for Cargo Security
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March 28, 2007Safety & Security Briefs — March 22 - March 28
This briefing can be e-mailed to you every week.
March 28, 2007