Knight Transportation Inc. said in a Securities and Exchange Commission filing that takeover target USA Truck Inc.鈥檚 鈥渞ecent financial results demonstrate only limited improvement and that its recent share price surge is unsupported by either industry or company specific fundamentals.鈥
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iTech: Managing a Fistful of Trucks
By Bruce Lilly, Contributing Writer
This story appears in the August/September 2013 issue of iTECH, published in the Oct.
January 1, 2012Truck Drivers Halt Work at Port of Oakland
Some truck drivers at the Port of Oakland stopped working Oct. 21 to protest what they called unsafe working conditions and unfair labor practices, the San Francisco Chronicle reported.
October 22, 2013OOIDA Challenges New York Decal Fee
New York state鈥檚 registration and decal fee for out-of-state trucks are 鈥渦nconstitutional highway taxes,鈥 the Owner-Operator Independent Drivers Association alleged in a class-action lawsuit filed with the state鈥檚 supreme court last week.
October 15, 2013Takeover Target USA Truck Sues Knight
USA Truck Inc. has sued Knight Transportation, which is trying to acquire USA Truck, for breach of contract, claiming that Knight breached a confidentiality agreement between the two companies.
October 11, 2013FMCSA Commits to Rulemaking on Sleep Apnea, Will Not Issue Guidance
The Federal Motor Carrier Safety Administration said it will not issue regulatory guidance to recommend that certain truck drivers be screened and treated for sleep apnea, and instead go through the formal rulemaking process.
September 19, 2013Wheels Group Buys Broker BBL Worldwide
Canadian logistics company Wheels Group Inc. said it has acquired BBL Worldwide, another Canadian company that specializes in cross-border truck brokerage.
September 19, 2013Feds Scrap 2007 Truck Driver Training Proposal
The Federal Motor Carrier聽Safety聽Administration scrapped its proposed rule on entry-level truck driver training standards Sept. 18, saying it would start over on the mandate.
September 18, 2013Calif. Lawmakers Approve Low-Emission, Alt-Fuel Truck Incentive Bills
California legislators have approved a pair of bills that would provide funding to help fleets purchase low-emission trucks and encourage the development and use of alternative-fuel trucks.
September 17, 2013House Committee to Consider Sleep Apnea Bill
The House Transportation and Infrastructure Committee will consider a bill Sept. 19 that would prevent the federal government from issuing regulatory guidance recommending that truck drivers be screened and treated for sleep apnea.
September 16, 2013