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TRUCKING INDUSTRY NEWS * USA
* Johnson trucking company files for bankruptcy liquidation
Louisville,KY,USA-The Business First of Louisville, by Kevin Eigelbach -January 9, 2009: -- Listing nearly 10 times more liabilities than assets, C.W. Johnson XPress LLC, has filed for liquidation under Chapter 7 of the federal bankruptcy code... The Louisville-based trucking company listed $32.8 million in liabilities and only $3.4 million in assets in the filing made last month in U.S. Bankruptcy Court in Louisville... One of the biggest creditors listed is Winston-Salem, N.C.-based Branch Banking and Trust Co., which is listed as having an $8 million claim, $3.5 million of that secured...
* TCI Goes Green With New More Fuel Efficient Trucks
New Orleans,USA -PRNewswire -Jan 9, 2009: -- Transportation Consultants, Inc. (TCI) has entered into a contract with Southland Idealease for 15 new 2009 Kenworth trucks. The new trucks are to be added to TCI's New Orleans truck fleet through February of this year and used for hauling shipping containers to and from ports, railroads, manufacturers and warehouses across the U.S. Gulf South by Transportation Worker Identification Credential (TWIC) certified drivers.. The additional trucks will allow TCI to handle a greater volume of containers and at better fuel efficiencies. In fact, the new model of truck to be used by TCI has been acknowledged by the Environmental Protection Agency as SmartWay-eligible meaning that it produces significantly lower emissions and requires less fuel consumption than other similar truck models... Labels: trucking industry news USA
posted by Unknown @ 3:35 AM
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