Ampace Corp., citing losses in its furniture hauling operations, announced the closing of its Asheboro, N.C., facility, effective Nov. 16.

Meritor Automotive will acquire Lucas-Varity Heavy Vehicle Braking Systems for $390 million in cash.

Former Ampace Corp. executives Bruce W. Jones and Jay N. Taylor established a merchant banking firm to exclusively serve the trucking industry.

USFreightways Corp. completed the merger of Golden Eagle Group into USF Seko Worldwide Nov. 12.

Penske Truck Leasing agreed to acquire the assets of Young NationaLease, a truck rental and leasing company based in Canton, Ohio. Penske is the nation's second largest truck rental and leasing company with 400 locations in the U.S., Canada and Mexico.

Miller Bros., one of Colorado's longest running trucking companies, has been sold to HVH Transportation. Both companies are based in Denver.

An editorial in Traffic World magazine suggesting that American Trucking Associations “has not yet hit its stride” drew a spirited response from Stoney “Mit” Stubbs Jr., chairman of Dallas-based Frozen Food Express Industries.

AmeriTruck Distribution Corp. is getting out of the refrigerated trucking business, but expects to continue its other operations, as it reorganizes under Chapter 11 of the federal bankruptcy code.

Aasche Transportation Services, Shannon, Ill., expanded its waste hauling business with two recent transactions.

There’s a message for trucking in the recent mid-term Congressional elections.