Performance Transportation Services emerges from Chapter 11

Jan 30, 2007

Performance Transportation Services Inc. announced that it has met all requirements to emerge from Chapter 11 protection, and that it has implemented its court-approved plan of reorganization.

The Detroit-based transporter of automobiles, which filed for Chapter 11 protection more than a year ago on Jan. 25, 2006, said secured creditors will be fully repaid in cash and shares under the plan.

Drayage operator T.G.S. closes its doors

T.G.S. is at least the second carrier to not make it out of the month of July, joining Carrol Fulmer in its industry exit.

Repeal of truck emissions regs 'doesn’t help the trucking industry'

If finalized, this proposal would remove all greenhouse gas standards for light-, medium- and heavy-duty vehicles and heavy-duty engines, starting with EPA’s first greenhouse gas regulations set in 2010 for light-duty vehicles and those set in 2011 for medium-duty vehicles and heavy-duty vehicles and engines – which includes off-cycle credits like the much hated start-stop feature on most new cars.

EPA set to unravel 'disastrous' federal trucking emissions regulations

OneCompass Holdings has entered into a definitive agreement to purchase all the assets of Koleaseco Inc., a respected asset-based transportation provider with over 30 years of operational excellence.

Hyway Transportation parent acquiring Michigan fleet

Hub Group's acquisition of Marten Intermodal more than doubles the intermodal giant's temp-controlled business.

Hub Group acquires Marten's intermodal business

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