The ATA is opposed to the possible approval of new emissions rules for heavy-duty trucks in California by the EPA.
The ATA claims that it has worked with the EPA on realistic emissions reductions goals, and that this decision is politically motivated and harmful to the trucking industry and the country. The EPA has updated emission standards for heavy-duty commercial vehicles for 2027, which are also opposed by some senators who want to reverse them.
DOT will fine having a faulty ABS I don’t know if the DOT will fine me for having a faulty ABS on my tractor. I know that ABS is required for trailers that are newer than a specific year. Does that apply to tractors too or both of them?
Did Knight buy all the small trucking companies that Swift owned when it acquired Swift, or did it only buy Swift?
I need help guys. I’m scheduled for an interview with them soon and I’ve seen mixed opinions online about working for them. Can anyone share their thoughts or experience with that company?
Knight-Swift Transportation Holdings and U.S. Xpress Enterprises plan to merge in a deal worth approximately $808 million, including debt and equity.
Knight-Swift Transportation Holdings and U.S. Xpress Enterprises plan to merge in a deal worth approximately $808 million, including debt and equity. The deal would add one of the largest and most well-known brands in the industry and increase the revenue base by nearly 30% for Knight-Swift.
The deal also requires the approval of U.S. Xpress shareholders, who own about 58% of the company. The CEO and President of Knight-Swift, Eric Fuller, and the CEO and President of U.S. Xpress, Eric Peterson, will transition out of their roles along with other family members. The deal is expected to close in late Q2 or early Q3.
Knight-Swift Transportation Holdings and U.S. Xpress Enterprises have announced a major mutually beneficial transaction with a total value of as much as $ 808 million. This solution will combine their capital, as well as all existing debt obligations of the companies. Why would such a solution be needed?
Combining the two companies will help them increase revenue by 30-35% in total, as well as raise the payback of Knight-Swift and make one more recognizable brand. Adherents of both companies can form a more massive purchasing capital.
So far, the decision has not been made definitively, and a decision is expected from the American shareholders of Xpress. It is also reported that CEO Eric Fuller (Knight-Shift) and CEO Eric Peterson (U.S.Xpress) will no longer hold their positions. The confirmation of the transaction itself and the signing of all final documents are expected in the 2nd or 3rd quarter of this year.
The main points after the signing of the deal can be noted: the growth of Knight-Swift's revenue base, the adjustment of the operating coefficient by 2026, as well as the adjustment of the return on investment. Also, with the help of additional rewards for Xpress shareholders and by reducing Knight-Swift's cash flows, it will be possible to achieve a competent asset allocation by the time the deal is signed.
The main points after the signing of the deal can be noted: the growth of Knight-Swift's revenue base, the adjustment of the operating coefficient by 2026, as well as the adjustment of the return on investment. Also, with the help of additional rewards for Xpress shareholders and by reducing Knight-Swift's cash flows, it will be possible to achieve a competent asset allocation by the time the deal is signed.
I have always been curious about this. When you work for a fleet that has different types of trucks, do you get to pick the one you like? Or do you have to take whatever they give you?
Is your employer flexible about letting you take time off? What are the usual steps for you to do that?
Most Americans support more truck parking, but not near their homes. Many Americans are unaware of the truck parking shortage and its impacts on safety and productivity. Americans value truck drivers and their service, but underestimate how many hours they can drive in a day. The survey calls for more public awareness and government funding to address the truck parking issue.
Your thoughts ladies and Gentlemen
I saw a lays driver back a step deck into a dock. How do they load and unload it? He used jacks between the tandems to raise the trailer. Do any flatbeds have that?
I need to get some rugs for my truck’s floor. I drive a Freightliner Cascadia. The company didn’t give me any rugs and I can’t find them at truck stops. I don’t want to order them online. Any suggestions?
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