Oak Hill Capital Agrees To Buy Safe Fleet Holdings
Ownership of Safe Fleet Holdings has changed hands, with Oak Hill Capital Partners agreeing to buy the business from The Sterling Group.
January 16, 2018Truckers, Cargo Owners Ask FMC to Set Guidelines on Detention, Demurrage
WASHINGTON — Cargo owners and trucking companies urged the Federal Maritime Commission to issue guidelines on charging detention and demurrage fees during events such as weather emergencies, labor slowdowns or supply chain meltdowns.
January 16, 2018Medium-Duty Segment Ends Year With Steady Growth
U.S. retail sales of medium-duty trucks climbed 5.4% in December, with only Class 6 volumes dipping from a year earlier, WardsAuto.com reported.
January 16, 2018Stay Metrics Hires Jerry Scott as Chief Operating Officer
Stay Metrics, a provider of driver engagement, training and retention solutions for the transportation industry, hired Jerry Scott as chief operating officer.
January 16, 2018Federal Agency in Design Phase of Long-Term Research on Truck Driver Health
WASHINGTON — A federal research agency that focuses on the study of worker safety and health is in the design stages of a major longitudinal study to track changes in longhaul truck drivers’ health status and the factors associated with those changes.
January 16, 2018With Gas Taxes in Peril, More States Study Alternatives
After more than a decade of watching Oregon and a handful of other states test alternatives to traditional gasoline taxes, more states, with the help of federal money, are now joining the quest.
January 16, 2018Peoples Services Buys B&M Storage
Peoples Services expanded its warehouse footprint in the Southeast with the purchase of the assets of Winston-Salem, N.C.-based B&M Storage & Distribution.
January 16, 2018Meritor Launches North American Rebuilder Program for Axle Carriers
Component supplier Meritor Inc. launched its authorized rebuilder program in North America for drive axle carriers, including the company’s 145, 14X and 160 products.
January 16, 2018Consumers See Higher Wage Growth, Inflation in Fed Survey
U.S. consumer expectations for wage growth rose in December to the highest level in three years, according to a Federal Reserve Bank of New York survey.
January 16, 2018US Chamber of Commerce to Push for Gas Tax Hike for Road and Bridge Upgrades
The U.S. Chamber of Commerce will call for increasing the federal gas tax by 25 cents a gallon over the next five years to help pay for rebuilding U.S. roads and bridges as part of its push for a federal infrastructure initiative this year.
January 16, 2018