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CCJ Top 250
Business: Page 41
Business
Investment groups buy majority stake in Freymiller
Two investment groups targeted Freymiller for its temp-controlled trucking, logistics brokerage and intermodal transportation services.
June 22, 2022
Business
Challenger Motor Freight acquired by Fastfrate
In Challenger Motor Freight, Fastfrate adds cross-border trucking capabilities to its business.
June 16, 2022
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January 13, 2026
Business
PAM Transportation makes first acquisition in nearly 20 years
PAM Transportation spent $77.4 million to acquire New York City-based Metropolitan Trucking – now "the Northeast regional face for PAM."
June 15, 2022
Workforce
Carriers should consider self-defense training for women drivers
In the industry's efforts to improve the driver shortage, women are good recruits, but many have safety concerns about being on the road. Providing self-defense training could help carriers improve their chances at landing more women drivers in seats.
June 15, 2022
Business
More than 100k trucks, multiple OEMs impacted in recall
Bendix subsidiary R.H. Sheppard recalling steering gear used by 29 manufacturers. Also: Indiana Toll Road rates increasing; U.S. Xpress drivers recognized; Chevron now one of the leading renewable fuels companies in the United States.
June 14, 2022
Workforce
Hiring and retaining Next Gen drivers with technology, training and empathy
A majority of the truck driver population is growing older and nearing retirement age, but it’s difficult to attract new talent because it's physically and mentally demanding.
June 11, 2022
Mergers & Acquisitions
SAF-Holland makes offer to acquire Haldex
SAF-Holland Wednesday announced a public cash offer to acquire Haldex for 3.2 billion Swedish Krona ($325 million). The offer price, which SAF-Holland states is "best and final" and will not be increased, was unanimously recommended by the Haldex board.
June 8, 2022
Business
Schneider acquires Wisconsin regional carrier
Schneider gets deBoer Transportation's approximately 160 tractors and 660 trailers in the deal.
June 7, 2022
Business
Saia expands operations in Midwest
The CCJ Top 250 carrier has opened its second terminal west of Chicago in 2022. Also: Get your truck drivers to weigh in on Midwest truck parking survey; new electric APU available from Dynasys.
June 7, 2022
Business
Ryder rejects takeover bid
Ryder's Investor Day made clear that if Ryder was for sale, it would be significantly more costly than the $4.4 billion on the table.
June 6, 2022
Workforce development
Industry stakeholders work to attract new truck drivers before they enter the workforce
The trucking industry is behind the curve when it comes to training individuals for driving careers at the high school level, which is hurting the industry's prospective driver count, but industry experts are working to change that.
June 6, 2022
Business
ATA calls on Biden administration to take action to lower diesel prices
Among recommendations from ATA was expediting lease sales and permits for offshore and onshore energy production and expediting permitting for pipelines and more. Also: New York suspends fuel tax; Landstar CFO resigns; Volvo adds dual PTO; more.
June 3, 2022
Business
What are the 'Five Sleepiest States' for truck drivers?
Using ELD data, freight-matching platform FleetOps determined where truck drivers most often take their 10-hour break, and used that information to help shippers and brokers meet carriers with freight where their trucks are.
June 3, 2022
Business
Trucking market offers supply chain some stability
All-in-all the industry – as fragmented as it is – consistently answers the bell by keeping equipment capacity high.
June 1, 2022
Business
Heartland Express acquires CCJ Top 250 company Smith Transport
The deal was made for $170 million in existing cash from Heartland. In a separate $14 million deal, Heartland also acquired Smith Transport's headquarters in Roaring Spring, Pennsylvania.
June 1, 2022
Business
Meritor shareholders okay Cummins acquisition
The two companies in February entered into a definitive agreement under which Cummins would pay $36.50 in cash per Meritor share.
May 27, 2022
Business
TriStar Carriers and its parent company acquired by ShipX
With the acquisition, ShipX expands its focus beyond final mile parcel delivery and will be able to offer a more complete suite of e-commerce transportation services.
May 26, 2022
Business
Cargo theft activity expected to pick up over Memorial Day weekend
CargoNet warns of increased theft activity over the holiday weekend. Also: Diesel prices drop slightly; Bendix is hosting a ride-and-drive event at Talladega Superspeedway in Alabama; Landstar lands on Fortune 500 list.
May 25, 2022
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Technology
Court halts NYSTA surcharge on commercial trucking toll management service providers
The court's rulings pause the implementation of the surcharge and allow Bestpass by Fleetworthy and PrePass to continue their participation in NYSTA’s existing Standard Commercial Charge Account program while the court reviews legal and procedural issues related to the authority's newly established program.
Business
Abilene Motor Express folding into Swift Transportation
Business
Quantix partnering with liquid bulk haulers MC Tank Lines, Leahy Transport
Mergers & Acquisitions
Koch doubles its nationwide square footage with SOS acquisition
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