TRUCKING INDUSTRY NEWS * USA - Port Demands Repayment of $1.8 Million From Fleets
Los Angeles,CAL,USA -Transport Topics, by Eric Miller -Aug. 30, 2010: -- The Port of Los Angeles has told 15 motor carriers that received subsidies to buy new cleaner-running trucks that they must return more than $1.8 million for trucks that did not make enough visits to the port last year... Officials said a preliminary analysis showed that 498 of the 2,087 new, cleaner-burning tractors the carriers bought with the aid of incentive funding last year failed to meet the required 150 drayage trips annually... The port said 428 of the 591 new 2007 federal emissions-compliant trucks that Swift purchased with incentive funds did not make the required number of trips to satisfy a contractual agreement... Truckload carrier Swift Transportation Co. Inc., Phoenix, owed more than $1.6 million, the port’s analysis found... David Berry, vice president of Swift, told Transport Topics on Aug. 23 that the company is reviewing the analysis and believes it may owe less money... (Photo from t0.gstatic: Trucks waiting to enter the Port of Los Angeles)
* Wisconsin - Schneider to Sell Forwarding Business
Green Bay,WIS,USA -Transport Topics -1 Sept 2010: -- Schneider Logistics said it will sell its freight forwarding and customs house brokerage business in the United States and China to France-based Norbert Dentressangle... The sale includes seven Schneider locations in the U.S. and two in China... All affected employees will become employees of Norbert Dentressangle, and the sale will not affect other Schneider business... Norbert Dentressangle, based in Lyon, France, is a logistics and freight forwarding business. It has 6,900 trucks and 8,600 trailers, and reported revenues of $3.5 billion in 2009, Schneider said...
* Arkansas - J.B. Hunt to install Rair solution
Lowell,AR,USA -Fleet Owner -Aug 27, 2010: -- Truckload carrier J.B. Hunt has chosen a solution from Rair to help with compliance of CSA 2010 regulations... Rair is a provider of risk management services. Its solution allows carriers to not only monitor its CSA 2010 scores, but also to analyze that data to develop safety training plans... The ability to customize the solution was a key factor in J.B. Hunt’s decision to go with Rair... (Photo from encyclopediaofarkansas: JBHunt corporate headquarters, aerial view)
* Arkansas - Celadon Group Plans Share Repurchase
Little Rock,ARK,USA -AP/Transport Topics -27 Aug 2010: -- Celadon Group said it plans to buy back as many as 2 million shares by Aug. 31 of next year... Celadon has about 22 million shares outstanding... Separately, a federal judge in Arkansas ruled that a suit against Celadon by former employees of Continental Express could proceed with class-action status... Celadon bought Continental in 2008, and its workers claim that Celadon did not give enough notice before closing down the Little Rock, Ark., carrier... Celadon argued it did not have to notify workers because it didn’t buy the company, just equipment such as tractors...
* Virginia - Lawrence Transportation to Buy Va. Carrier
Roanoke,VA,USA -Transport Topics -1 Sept 2010: -- Moving company Lawrence Transportation said it will buy Virginia carrier William Edwards Inc. Terms were not disclosed... Founded in 1971, Verona, Va.-based William Edwards primarily serves the East Coast. It has about 70 trucks and 175 trailers, according to American Trucking Associations’ fleet data... Lawrence, which has been in business since 1932, also has logistics, storage services and truck leasing operations. It has about 200 trucks and 450 trailers, according to ATA data... (Photo from Lawrence Transportation)
Labels: trucking industry news USA
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