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Category: Management

Ridgemont Equity to Invest in Dickinson Fleet Services

Ridgemont Equity to Invest in Dickinson Fleet Services

| April 4, 2017

Ridgemont Equity Partners, a middle market private equity investor, has announced a new investment in Dickinson Fleet Services (“DFS, a leader in technology-driven vehicle fleet maintenance. Here’s the scoop: Dickinson Fleet Services provides repair and maintenance services for vehicle fleet owners and operators across the United States. The Company operates a network of mobile technicians, […]

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Truck Lobby Pleased that TWIC Reforms Are Part of New Security Legislation

Truck Lobby Pleased that TWIC Reforms Are Part of New Security Legislation

| April 3, 2017

Truck lobby leader, the American Trucking Associations (ATA) has saluted leaders of the Senate Commerce, Science and Transportation Committee for introducing legislation to improve the efficiency and security of the trucking industry by moving the Transportation Worker Identification Credential program closer to a “one-stop shop” for clearances. “As it stands now, professional truck drivers are […]

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Truckload Turnover Rate Down Sharply in Fourth Quarter

Truckload Turnover Rate Down Sharply in Fourth Quarter

| March 30, 2017

Driver turnover at large truckload fleets sunk 10 percentage points to an annualized rate of 71%, the lowest point in six years. The rate at smaller fleets tumbled 16 points to its lowest level in five years. “Continued declines in turnover rate reflects the overall choppiness of the freight market,” said ATA Chief Economist Bob […]

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Velociti Acquires Driver Wellness Company, Rolling Strong

Velociti Acquires Driver Wellness Company, Rolling Strong

| March 24, 2017

Velociti, a leading provider of technology  services, has announced it has acquired Rolling Strong, the provider of driver wellness programs for transportation companies and their drivers. According to Deryk Powell, President of Velociti, “It’s well known that as a professional driver, the demands of the job can create difficulty when it comes to making good […]

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Independent Trucker Group Pushes for Repeal of ELDs and Speed Limiters

Independent Trucker Group Pushes for Repeal of ELDs and Speed Limiters

| March 24, 2017

The Owner-Operator Independent Drivers Association, which represents professional and small-business truckers, has launched a campaign t to encourage its members to push back against what it terms “excessive trucking regulations.” It’s called “Knock Out Bad Regs” and encourages OOIDA members “to hold the Administration and Congress to their pledge to reduce regulations.” “We are concerned […]

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Top Truck Lobby Group Calls on HHS to Set Standards for Hair Testing

Top Truck Lobby Group Calls on HHS to Set Standards for Hair Testing

| March 22, 2017

Top truck lobby group, American Trucking Associations (ATA), has called on Health and Human Services Secretary Tom Price and the federal government to quickly release guidelines and standards for the use of hair samples in mandatory drug testing of truck drivers. ATA spearheaded efforts to allow carriers to use hair testing as an alternate test […]

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