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TRUCKING INDUSTRY NEWS * USA
* Michigan - New owner of bankrupt trucking firm Gainey Corp. could be announced Nov. 17
Grand Rapids, MI USA -The Grand Rapids Press, by Chris Knape -October 14, 2009: -- The future of bankrupt trucking firm Gainey Corp. should be decided at a Nov. 17 hearing now that a judge has approved bidding procedures for the company... At a hearing Wednesday afternoon -- one year to the day since Gainey filed for Chapter 11 protection -- Judge James Gregg expressed optimism that a resolution in the case was near that has the potential to save jobs and allow the company to emerge from bankruptcy... Bids are due Nov. 2 and an auction for the company will be held Nov. 16. Gregg set to rule on the outcome of the auction the next day... Company founder Harvey Gainey said there are several investors interested in bidding on the company -- all with plans to continue operations and employ the existing work force. The Wyoming-based long-haul trucking firm has more than 1,700 employees...* Texas - FFE Transportation Services, Inc. Recipient of An American Trucking Association's Safety Improvement Award
Dallas,TX,USA -Globe Newswire -Oct. 14, 2009: -- Frozen Food Express Industries, Inc. today announced it has won an improvement award in the Truck and Industrial Safety Contests from the American Trucking Associations. This esteemed award is given each year to companies that exemplify an extraordinary commitment to safety and can be considered some of the safest in the industry... "The competition was fierce this year," noted Susan Chandler, Executive Director of the ATA Safety Management Council, "and with tightening budgets and lower freight volumes your continued dedication to the mission of fleet and industrial safety is an example for all in the trucking industry to follow"...Labels: trucking industry news USA
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