Celadon Group Inc. offered new information into its financial situation while confirming it is under a Securities and Exchange Commission investigation into the value of used trucks donated to a joint venture company.
Category: News
Celadon Acknowledges Active SEC Investigation
Celadon Group Inc. offered new information into its financial situation while confirming it is under a Securities and Exchange Commission investigation into the value of used trucks donated to a joint venture company.
Wabco Finalizes Purchase of Meritor’s Share in Joint Venture
Wabco Holdings Inc. has completed its $250 million purchase of Meritor Inc.’s stake in their joint venture, formalizing the end of the 27-year arrangement.
Guardrail Maker Wins Reversal of $663 Million Judgment
Guardrail maker Trinity Industries Inc. won’t have to pay a $663 million judgment that was awarded in a whistle-blower lawsuit alleging the company defrauded the U.S. government with a faulty highway guardrail safety system.
ELDs will put supply chains in a vise. And maybe that’s a good thing.
For as long as I’ve covered both the trucking and logistics industries, they’ve functioned under a freight philosophy called “just-in-time” delivery or “JIT” for short.
Put simply, JIT is an inventory strategy compa…
ELDs will put supply chains in a vise. And maybe that’s a good thing.
For as long as I’ve covered both the trucking and logistics industries, they’ve functioned under a freight philosophy called “just-in-time” delivery or “JIT” for short.
Put simply, JIT is an inventory strategy compa…
Good news on how to improve fuel efficiency
The bad news is there is no magic formula for improving fuel efficiency. The good news is that seven fleets just demonstrated that there are at least seven ways to achieve 10 MPG in real-world operation.
During the recent Run on Less 17-day fuel-eco…
Good news on how to improve fuel efficiency
The bad news is there is no magic formula for improving fuel efficiency. The good news is that seven fleets just demonstrated that there are at least seven ways to achieve 10 MPG in real-world operation.
During the recent Run on Less 17-day fuel-eco…
Berkshire Hathaway Buys 38.6% of Pilot Flying J
Warren Buffett’s Berkshire Hathaway Inc. bought a stake in Pilot Travel Centers LLC, owner of the Pilot Flying J truck stop chain, and detailed plans to become the company’s biggest shareholder in six years.
Berkshire Hathaway Buys 38.6% of Pilot Flying J
Warren Buffett’s Berkshire Hathaway Inc. bought a stake in Pilot Travel Centers LLC, owner of the Pilot Flying J truck stop chain, and detailed plans to become the company’s biggest shareholder in six years.