24 May Richie Bros. Receives Go-Ahead to Complete Acquisition of IronPlanet Ritchie Bros. has received the go-ahead from the U.S. Department of Justice to complete its $758.8 million acquisition of online auctioneer IronPlanet. Read more...
24 May Roadrunner Moves Headquarters to Illinois; Terence Rogers Named CFO Roadrunner Transportation Systems Inc. has hired Terence Rogers as chief financial officer, replacing Peter Armbruster, who was terminated March 29 after the carrier was forced to restate earnings reports from 2014 onward because of two accounting errors. Read more...
24 May Central Washington Town Aims to Be Inland Port for Global Shipping Informal talks are under way in Washington to transform the Port of Quincy's mostly idle shipping terminal into an "inland port" for delivering trucked containers by rail to West Coast docks. Read more...
24 May Democrats Rip Trump's Infrastructure Plan as 'Sleight of Hand' President Donald Trump's $1 trillion plan for improving the nation's infrastructure isn't enjoying the immediate bipartisan support he may have hoped for. Read more...
24 May Home Prices Rose 6% in First Quarter as Supply Tightened Home prices in the United States increased 6% in the first quarter from a year earlier as competition heated up for a scarcity of listings. Read more...
24 May ATA Applauds Senators' Call for Hair-Test Drug Screening The top executive at American Trucking Associations praised the chairman of the Senate Commerce Committee and his colleagues for calling on the Department of Health and Human Services to expedite standards for hair-test drug screening. Read more...
24 May James Clark, Fleet Owner, Dies at 88; Longtime Member of Utah Trucking James Clark, trucking company owner and officer of the Utah Motor Transportation Association, died on May 19. He was 88. Read more...
23 May Polaris Transportation Group Acquires Canadian Truckload, Warehousing Firm Polaris Transportation Group announced it has acquired chemical hauler J.G. Drapeau Ltd. and sister firm Commercial Warehousing Ltd. as part of a plan to grow and diversify its business. All of the companies are based in Toronto. Read more...
23 May Daseke to Begin Employee Stock Grants in June Flatbed group Daseke Inc. announced some of the details associated with its grant of publicly traded shares to employees, especially drivers. Read more...
23 May Tonnage Drops in April Despite Optimism Among Trucking Execs Truck tonnage fell 1.8% in April compared with 2016 levels despite fleets generally reporting positive conditions in the month, according to the latest monthly data from American Trucking Associations. Read more...