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CCJ Top 250
Business: Page 48
Mergers & Acquisitions
Knight-Swift spends more than $1B to buy AAA Cooper, enter LTL space
The billion-plus dollar deal creates a company that collectively will feature leased or owned assets that number 20,000 tractors, nearly 75,000 trailers, and a driver force of more than 22,000.
July 6, 2021
Regulations
Five sentenced, including fleet employees, for tampering with emissions systems
The sentencing follows guilty pleas for conspiring to defraud the U.S. and violations of the Clean Air Act related to disabling emissions control devices. Also: FMCSA proposes updates to hazmat regs; CSX finalizes Quality Carriers acquisition; more.
July 5, 2021
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July 7, 2025
Mergers & Acquisitions
Werner acquires 80% stake in 500-truck regional fleet
The acquisition of ECM Transport Group will expand Werner's footprint in the Mid-Atlantic, Ohio and Northeast regions while expanding its fleet size by more than 6%.
July 2, 2021
Business
Two sentenced, two more plead guilty in Louisiana staged-accident fraud scheme
The U.S. Attorney for the Eastern District of Louisiana announced two people were sentenced to four years in prison for their role in the ongoing staged-accident scheme in New Orleans, while two others pleaded guilty. Also: NTSB Chairman steps away; more.
July 2, 2021
Companies
Regulators give final ok to Navistar, Traton merger
Long-awaited Navistar buyout clears its final hurdle. Also: FMCSA finalizes delay of driver training rule until Feb. 2022; Penske Customer kicks off eCascadia test; One of Canada's largest logistics providers eyes expansion into the U.S. via acquisition.
July 1, 2021
Business
ATA, OOIDA decry Connecticut's new vehicle miles traveled truck tax
The truck-only miles tax was signed into law by Connecticut Gov. Ned Lamont last week and will take effect in 2023. Also: Cummins acquires part of Rush's nat-gas business in new joint venture; increased cargo theft activity expected this weekend; more.
June 30, 2021
Business
Misleading legal ads contribute to nuclear verdicts
A lack of policy and enforcement of existing regulations is allowing some attorneys to manipulate advertising in ways that usurps and trivializes the justice system.
June 29, 2021
Business
Spot volume holds steady, rates mostly up
A group of more than 60 trucking groups penned a letter to the House asking for an amendment to remove a liability insurance hike for motor carriers from the highway bill. Also: Spot rates steady and Transition Trucking award nominations sought.
June 29, 2021
Business
Biden, senators reach $579 billion infrastructure deal
The Bipartisan Infrastructure Framework would allocate $109 billion for roads and bridges. Overall, the Bipartisan Infrastructure Framework would provide $312 billion for transportation projects.
June 27, 2021
Business
Elevated spot rates remain high ahead of July 4
Spot truckload freight volumes fell 1.4% during the week ending June 20, but average spot truckload rates showed little movement up or down. Also: New consulting firm aims to help carriers with safety, DOT programs; Fidelis Freight rebrands; more.
June 25, 2021
Autonomous
AB 5 injunction remains in effect as case heads to Supreme Court
Ninth Circuit Court of Appeals has granted a motion to temporarily keep the preliminary injunction. Also: Autonomous trucking software firm Embark will merge into Northern Genesis Acquisition Corp. II; Shippers Conditions still poor but improving
June 24, 2021
Mergers & Acquisitions
CCJ Top 250 carrier makes acquisition
The Dubuque, Iowa-based temperature-controlled carrier has a current driver/operator base of 2,200 and that is expected to exceed 2,400 after completing integration with Lessors.
June 23, 2021
Workforce
How do safety execs combat 'Reptile' litigation?
Executives from Payne Trucking, Boyle Transportation and Smith Transport share the approaches they use to combat legal risks in trucking.
June 23, 2021
Business
Attorney's guilty plea is 23rd in widespread staged-accident fraud scheme
A former New Orleans personal injury attorney was the 23rd individual to plead guilty in a staged-accident fraud scheme targeting motor carriers. Also: FMCSA delays implementation of electronic med cert rule; I-40 bridge closure update.
June 22, 2021
Regulations
In another AB 5 setback for trucking, court denies request for rehearing
The Ninth Circuit Court of Appeals on Monday denied a petition from the California Trucking Association to rehear its case on the application of the AB 5 law and its ABC test to trucking. The law effectively bans the leased owner-operator model in Calif.
June 21, 2021
Business
Top 250 fleet to haul U.S. Capitol Christmas Tree this fall
Spokane, Washington-based System Transport will haul the tree from California to Washington, D.C. Also: Peterbilt delivers first Model 220EV; Autocar partners with Big Truck Rentals to rent terminal tractors; Guilty plea in fraudulent CDL scheme.
June 21, 2021
Business
More guilty pleas announced in New Orleans staged-accident fraud scheme
Two more guilty pleas in staged-accident fraud scheme that netted $707,500. Also: ACT Research report on soaring freight rate expansion; FMCSA boss visits transportation leaders in NY/NJ; more.
June 18, 2021
Business
What’s in it for me?
Doing something that is good for the industry some times has to be enough.
June 16, 2021
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