NTTC Elects New Officers
Officers of National Tank Truck Carriers (NTTC) recently elected Kevin Jackson as chairman of the board of directors. Jackson is president and chief executive of Liquid Cargo Inc., based in West Palm Beach, Fla. Jackson…
Tagged: MotorCarriers
COVID-19 Requires Haulers to Diversify
The convulsions that COVID-19 has sent through the economy and supply chain have made it imperative for carriers to diversify their customer base, shed weak areas of their business and adapt to changing retailer behavior.
Regional Carrier Refuses To Buckle
For Jon England, president and chief executive of Transport Services of Sullivan, located about halfway between Indianapolis, Ind., and St. Louis, Mo., the coronavirus pandemic is not the first time he has been tested. In…
Transportation Groups Petition Bond Relief
Federal regulators have asked for public comment on a petition for a five-year exemption for small-business truck brokers from a $75,000 security bond requirement. The petition, filed with the FMCSA in September by the SBTC…
Federal Relief Available For Trucking
With many small businesses across the country uncertain of how the COVID-19 outbreak will temporarily, or permanently, affect their bottom lines, the passage of the Coronavirus Aid, Relief, and Economic Security (CARES) Act may offer…
Recession Will Punish Weaker Trucking Companies
What this virus-induced recession will mean long term for the trucking industry is at this point subject more to conjecture than certainty. What is guaranteed, however, is that this second quarter will be brutal for…
Investors Acquire MME Inc
Red Arts Capital has partnered with Prudential Capital Partners and Brightwood Capital Advisors to acquire MME Inc. and its wholly owned subsidiaries Midwest Motor Express Inc. and Midnite Express Inc. Financial terms of the transaction…
Truckers Liability Insurance Pinch
For independent trucking operators, the largest chunk of their insurance costs is liability coverage, which pays for injuries and property damage from a wreck. For over-the-road drivers, the Federal Motor Carrier Safety Administration (FMCSA) requires
Fleetwood Transportation Closes
Fleetwood Transportation, a Texas-based flatbed and oil-field truckload carrier, closed its operations Jan 2. The company cited rising insurance costs as the primary reason for the closure. The carrier had 252 trucks, 673 trailers…
Groendyke Wins Wellness Award
Blue Cross Blue Shield of Oklahoma has named Groendyke Transport a 2019 “Champion of Health.’’ Enid-based Groendyke won the award for its wellness program. The company will receive the award at the 2019 Champions of…
