Thomas Built Buses has announced the expansion of BusWest into Nevada. BusWest, a division of the Velocity Vehicle Group, will now serve customers with Thomas Built products in California, Hawaii, and Nevada. “We value each and every one of our school bus customers across the United States. BusWest is uniquely equipped to serve our customers […]
Fuel prices continue to trickle down, according to the American Automobile Association’s Daily Fuel Gage Report. The average price of regular fuel was $3.422 vs. $3.491 one week ago and $3.795 last year at this time — representing a drop of 9.8 percent. At the same time, diesel currently stands at $3.911 per gallon vs. […]
Four of the five transportation modes carried more U.S.-NAFTA trade in July 2013 than in July 2012 as the value of overall U.S. trade with its NAFTA partners rose 6.3 percent from year to year, according to data released by the Bureau of Transportation Statistics (BTS) of the U.S. Department of Transportation. BTS, a part […]
Knight Transportation, Inc. (NYSE:KNX)(“Knight”), one of North America’s largest and most diversified truckload transportation companies, announced on September 26 that it has proposed to acquire all of the outstanding shares of USA Truck, Inc. (NASDAQ:USAK) for $9.00 per share in cash, valuing the equity of USA Truck at approximately $95 million. The total value of […]
GE Capital’s Transportation Finance business announced that it has increased its credit facility for Rush Enterprises, Inc. (Nasdaq:RUSHA) (Nasdaq:RUSHB) to $750 million from $600 million. Rush, which operates the largest network of commercial vehicle dealerships in North America, will use the funds to purchase new and used truck inventory. GE Capital Markets served as the […]
The Owner-Operator Independent Drivers Association and Lucas Oil will play hosts to legendary American progressive rock band Kansas as part of a series of free concerts and music scheduled during the Heart of America Trucking Show. OOIDA, a national association for professional truckers, will be celebrating its 40th anniversary Oct. 18-19, 2013. The weekend’s events […]
