Five Auto Haulers to Merge as Backer Files for IPO
Five auto carriers look set to merge, with the combined entity likely to then add to its assets by buying up competitors, if an initial public offering pans out as planned.
DHL Supply Chain Helps to Bolster Operations at Manheim Logistics
DHL Supply Chain detailed Oct. 13 how it plans to use its technology and resources to help bolster operations at Manheim Logistics.
Volvo Redesigns VAH Model for Auto Haulers
Volvo Trucks North America announced the rollout of the Volvo Auto Hauler, a specialized solution for the auto transport industry that completes the design overhaul of the VTNA product portfolio.
June 26, 2020FMCSA Grants Exemption From Flag Rule for Stinger-Steered Auto Haulers
The Federal Motor Carrier Safety Administration has granted a limited five-year exemption to relieve motor carriers operating stinger-steered automobile transporter equipment from a requirement to place warning flags on projecting loads of new motor vehicles.
M7 Auto Transport Emerges From Bankrupted Auto Strap Transport
M7 Auto Transport has announced its grand opening. The launch came after the auto hauler acquired the assets of Auto Strap Transport, which filed for bankruptcy in late 2017.
January 10, 2019FHWA Seeks Comment on Definition of Automobile Transporter
The Federal Highway Administration is considering revising its definition of automobile transporters to allow more flexibility in the type of trailers used to haul vehicles.
October 12, 2017United Road Services Purchased by Carlyle Group
The Carlyle Group has acquired vehicle hauler United Road Services from Charlesbank Capital Partners, the companies announced Sept. 5.
Car Hauler Jack Cooper Enterprises Averts Chapter 11 Bankruptcy
Car hauler Jack Cooper Enterprises Inc. and Jack Cooper Holdings Corp. have averted a Chapter 11 bankruptcy on June 29 after nearly 99% of those holding debt approved a plan to send back notes and receive fractions on the dollar.
Jack Cooper Plans to Reorganize Debt; Auto Hauler Hopes to Avoid Chapter 11
Leaders of Jack Cooper Holdings Corp., North America’s largest auto hauler, are approaching completion of intense negotiations to reorganize a major portion of the company’s debt.
Car Hauler Jack Cooper to Lose $70 Million in Revenue as Nissan Terminates Relationship
Nissan will terminate its agreement to with carhauler Jack Cooper Holdings Corp. effective in July, according to an April 4 notice.
April 13, 2017