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CCJ Top 250
Business: Page 387
Business
FedEx finalizes $4.4 billion deal to acquire European carrier TNT Express
The May 25 purchase settlement concludes FedEx’s acquisition of 88.4 percent of TNT’s shares, purchased at 8 Euros each, about $9 a share, for an aggregate value of 3.879 billion Euros, or about $4.4 billion.
May 25, 2016
Business
Truck freight zone at El Paso-area border crossing expanded
The changes come by way of the opening of a new cross-border bridge, prompting the DOT’s Federal Motor Carrier Safety Administration to establish new boundaries for the El Paso border zone. The expansion will allow Mexican carriers an expanded border zone in which to deliver and pickup cross-border loads.
May 25, 2016
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February 19, 2025
Business
Bestpass adds OK to bypass network, reaches national toll road coverage
Bestpass users will now be able to bypass all major U.S. tolls and receive one consolidated bill at the end of each month, the company says.
May 25, 2016
Business
New trailer orders now coming with 2017 delivery dates
Fleet investment plans continue to be relatively stable and current orderboards indicate that orders placed today for dry vans or reefers will likely come with 2017 calendar year delivery dates.
May 25, 2016
Business
Senate bill opposes increase to federal excise tax on trucks
At 12 percent, the Federal Excise Tax on trucks is already highest tax by percentage levied by Congress on any product.
May 25, 2016
Business
Meritor releases updated aftermarket front axle catalogs
The completely revamped catalogs cover the full line of Meritor and Euclid front axle parts and related components.
May 24, 2016
Business
Bendix hits reman brake milestone
Bendix Commercial Vehicle Systems’ remanufactured brake shoe operation has topped the 4-million-unit production milestone since the company opened its 74,000-square-foot Huntington, Ind., plant in the fall of 2012.
May 24, 2016
Business
Indicators: Truck tonnage tumbles again, spot market remains weak
Latest reports: Tonnage dipped again in April, while spot market load availability remains suspect.
May 24, 2016
Business
House set to consider bill to reform hours of service, block Safety Fitness rule, nix state-required trucker breaks
The legislation would permanently bring back 34-hour restart rules in place in 2011, along with barring FMCSA from pursuing its January-proposed Safety Fitness Determination and barring states from enforcing break and pay laws for truckers enacted at a state-level.
May 24, 2016
Business
Up close with Western Star’s ‘badass’ 5700XE
Kelley Platt, Western Star’s president, calls the truck “badass.” She winces as the words come out of her mouth but she’s right. Everything about this truck is unique, Western Star and, yes, badass.
May 24, 2016
Business
Trucking’s Top Rookie contest nominations open until late next month
The award, named in honor of the late Mike O’Connell, recognizes the best professional truck driver who has been on the job for less than a year. Link to make a nominee and more info about the award here …
May 24, 2016
Business
Freightliner Data Code now available for Hadley’s electronic control system on new 6×4 trucks
Installed on the drive axle suspension, the SmartValve allows for convenient raising of the tractor frame to assist in raising a trailer whose landing gear are too low or lowering one too low, taking the stress of the operation off of the driver’s back.
May 24, 2016
Business
Trucker Path analysis shows reality of truck parking shortage
Trucker Path analysis shows 12 percent of truck parking locations are empty during peak hours and 24 percent have empty spots
May 24, 2016
Business
CarriersEdge adds online fuel-efficiency training course
CarriersEdge, providers of online safety and compliance training tools for the North American transportation industry, announced a new Maximizing Fuel Efficiency course.
May 23, 2016
Business
Diesel prices jump 6 cents, hit highest point in 6 months
The jump in prices put the national average for a gallon of on-highway diesel at $2.357, the highest per-gallon rate so far in 2016.
May 23, 2016
Business
New York City to pay $14 million to trucking companies over alleged traffic ticket scheme
New York City has agreed to settle a class action lawsuit with the New York Trucking and Delivery Association alleging a parking ticket scheme with a payout of $14 million to truck drivers.
May 23, 2016
Business
Ryder launches two new leasing options
A first in the transportation industry, the Ryder ChoiceLease is a breakthrough strategic advantage for businesses, helping to save time, control costs, and streamline fleet management.
May 23, 2016
Business
Rule to establish CDL Drug and Alcohol Clearinghouse a step closer to becoming law
A central database would be created under the rule for verified positive controlled substances and alcohol test results for CDL holders, and for refusals by drivers to submit to testing.
May 23, 2016
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Cybersecurity
NMFTA warns of Chinese components in trucking technology
The trucking industry's expanded digitization increases its potential for cybercrime, and China could be a key threat to the U.S. via technology in transportation.
Business
Kandel Transport acquired by Nagle Companies
Business
Marten Transport CEO stepping down, Randy Marten to return
Regulations
U.S. 'pausing' work visas for commercial truck drivers
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