Hoffa: Senate Committee Right In Reining In Push To Include Trucks In Legislation

International Brotherhood Of Teamsters

In Autonomous Vehicle Debate, Technology Must Serve All Americans Truck Legislation WASHINGTON, Oct. 2017 — The following is a statement from Teamsters General President Jim Hoffa in response to today’s passage of S. 1885, the AV Start Act, out of the Senate Commerce Committee. “The Teamsters continue to follow the development of autonomous driving technology […]

Kalyn Siebert Launches VersaMAXX ™ – Low-Profile Bus/Large Vehicle Transport and Recovery Trailer

Kalyn Siebert

Kalyn Siebert Launches VersaMAXX Gatesville, TX – 2017 – Premium heavy-duty trailer manufacturer Kalyn Siebert has announced production of a new low-profile trailer designed specifically for large vehicle transport and recovery operations in metros and locations that demand the utmost in capacity, versatility, maneuverability and ease of use. The VersaMAXX […]

Amsterdam Court Clears Way for Pan-European Truck Cartel Damages Claim; Scania Fined €880m by European Commission

European Commission

DUBLIN, Ireland, 2017 — The European Commission (EC) announced that it had fined Scania €880 million for its participation in the 1997-2011 truck cartel. This is the second highest fine ever imposed on an individual company by the EC. Last Friday 22 September 2017, the District Court of Amsterdam published a landmark decision endorsing the assignment model […]

Celadon Group Announces Amendment to Revolving Credit Facility, New $22.6 Million Financing, and Other Matters

Celadon Group, Inc HQ

INDIANAPOLIS, Oct. 2017 — Celadon Group, Inc. (“Celadon” or the “Company”) (NYSE: CGI) today announced an amendment to its primary credit facility, a separate equipment financing to afford additional liquidity, and certain corporate updates.   Chief Executive Officer, Paul Svindland, commented: “Over the past two months, Celadon has adopted a new strategic plan and is […]

Ritchie Bros. sells US$52+ million of equipment and trucks in Fort Worth, TX

Ritchie Bros FTW - Loaders

Online buyers purchased approximately 58 percent of the equipment FORT WORTH, TX, Sept. 2017 – Ritchie Bros. Auctioneers held a two-day auction at its site in Fort Worth, TX this week, selling 3,800+ equipment items and trucks for US$52+ million. More than 4,900 people from 55 countries registered to bid in the unreserved public auction […]

Sell-Out Crowd Sees Huge Bandit Wreck at Highland Rim

Sell Out Crowd Sees Huge Bandit Wreck at Highland Rim

BLOOMING PRAIRIE, Minn., Sept. 2017 — Quarter-mile tracks always make things interesting, but Saturday’s Minimizer Bandit Big Rig Series wreck at Highland Rim Speedway left a sold-out crowd speechless. After several tight heat and challenge races, Mike Morgan (#88) and Allen Boles (#3) went all out to try and steal the $10,000 feature race check.  Unfortunately, the two made contact in turn four […]