Monday, May 29, 2017
Business
Knight, Swift merge in ‘all-stock’ transaction

Knight, Swift merge in ‘all-stock’ transaction

PHOENIX — Knight Transportation and Swift Transportation Co. Monday said their boards of directors have unanimously approved a merger of Knight and Swift in an all-stock transaction that will create the industry's largest full truckload company.

U.S. adds just 98,000 jobs; trucking adds 4,700 to payrolls

U.S. adds just 98,000 jobs; trucking adds 4,700 to payrolls

WASHINGTON — U.S. employers added just 98,000 jobs last month, the fewest in a year, though the unemployment rate fell to a nearly seven-year low of 4.5 percent.

Heather Maher named VP of claims, risk management for Swift Transportation

Heather Maher named VP of claims, risk management for Swift Transportation

PHOENIX —– Swift Transportation Co., a leader in transportation solutions, has appointed Heather Maher as Vice President of Claims and Risk Management. With nearly 20 years of experience, Maher brings to the role advanced procedural knowledge and legal expertise, focusing on claims and litigation management, legal risk identification and control, insurance procurement and strategic planning and execution.

ACT Research: Preliminary March heavy truck orders increase 42 percent from 2016

ACT Research: Preliminary March heavy truck orders increase 42 percent from 2016

COLUMBUS, Ind. –March preliminary Class 8 net orders fell slightly from February to 23,100 units, ACT Research reported today, but jumped 42 percent over the same period in 2016. Seasonally adjusted orders increased 2 percent from the previous month.

USA Truck raises driver pay, rates for down time and short haul

USA Truck raises driver pay, rates for down time and short haul

VAN BUREN, Ark. — USA Truck Inc. is increasing the pay scale for its drivers effective immediately, the company reported today.

Veteran mover Graebel Van Lines ceases operations in wake of lawsuit, closings

Veteran mover Graebel Van Lines ceases operations in wake of lawsuit, closings

DALLAS — Graebel Van Lines, a 65-year-old carrier of household goods based in Dallas, has ceased operations, according to multiple reports. The company, which had 875 drivers in 2015, is in liquidation, Graebel stated in a letter sent to its creditors March 22.

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