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TRUCKING' DIGEST NEWS WORLDWIDE
* Maverick Trucking acquires a division of Schneider National
Little Rock,Ark,USA -AP -June 13, 2006: -- An Arkansas-based trucking company is buying the largest glass carrier, which has a facility in Knoxville... Maverick Trucking USA says it's buying Schneider National's specialized division... It's buying all assets of the division, including 380 tractors, 870 trailers and the employment of more than 425 drivers and independent contractors, as well as the employment of more than 80 office and loan-handling personnel...
* Pacer Sets $60 Million Stock Buyback Program
USA -TTNews -12 June 2006: -- Transportation and third-party logistics firm Pacer International said Monday that its board of directors authorized the purchase of up to $60 million of the company’s common stock... Pacer is ranked No. 16 the Transport Topics 100 list of the largest U.S. and Canadian trucking companies...
* Transport Corp. of America to Boost Owner-Operator Pay
USA -TTNews -12 June 2006: -- Truckload carrier Transport Corp. of America said late last week it is raising its pay for owner-operators beginning in phases on July 1. Starting July 1, the line haul pay rate will rise to 90 cents a mile. On Sept. 1, it will increase to 91 cents, and on Nov. 1 it will rise to 92 cents... “We want our owner-operators to be successful and we recognize they have seen increases in their costs of doing business,” said Chief Executive Officer Mike Paxton...
* Cat Logistics signs new contract in Japan
Tokyo,Japan -Transport Intelligence -14 June 2006: -- Caterpillar Logistics Services, Inc. (Cat Logistics), the wholly owned subsidiary of Caterpillar Inc., has announced an agreement with Mitsubishi Heavy Industries (MHI) and Shin Caterpillar Mitsubishi (SCM) to provide an integrated logistics solution in support of their respective service parts operations in Japan...
posted by Unknown @ 12:22 PM
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