Quality Distribution News Today

Paris, 17 February 2023 - The private equity market slowed significantly in 2022, buffeted by a sharp correction in equity markets, high inflation and rising interest rates. Multiples have declined

Several groups petitioned FMCSA for an exemption to allow a 16-hour on-duty period with 15 hours of drive time. Also: Plans underway for new trucker-focused healthcare network; overnight I-17 closures planned; Bestpass acquires HVUT e-filing firm.

I give my reasons as to why you should investors hold some portion of their portfolio in foreign stocks and use BNDX ETF as an example. Click here to read more.

The Business Research Company’s Bulk Liquid Global Market Report 2022: Market Size, Trends, And Forecast To 2026

Investegate announcements from Apax Global Alpha Ld, 2021 Interim Report and Accounts

The addition of AAA Cooper to Knight-Swift’s portfolio will make LTL the company’s second-largest segment. The trucking industry saw a handful of mergers and buyouts in the first six months of the year.  Among the more notable moves was when  CCJ Top 250 No. 1 carrier UPS announced in January the sale of its UPS Freight business to TFI International (No. 8) for $800 million. In May, CSX Corp. acquired Quality Carriers from Quality Distribution (No. 34), and Hirschbach Motor Lines (No...

Five sentenced for disabling emissions control devices The U.S. District Court for the Middle District of Pennsylvania sentenced John Joseph, Gavin Rexer, Joseph Powell, Dennis Paulhamus and Timothy Sweitzer each to one year of probation and a $100 assessment for conspiring to defraud the United States and violating the Clean Air Act. Joseph, Rexer and Powell were also sentenced to 50 hours of community service, Paulhamus received a $15,000 fine, and Sweitzer was fined $10,000. Rexer, Powe...

CSX signs agreement with Quality Carriers Terms of the transaction were not disclosed. A leader in bulk chemicals transportation since 1913, Quality Carriers operates the most extensive bulk tank trucking fleet in North America, with around 2,500 drivers. Through a network of over 100 company-owned and affiliate terminals and facilities in key locations throughout the U.S., Canada and Mexico, Quality Carriers provides transportation services to many of the leading chemical producers and sh...

CSX Corp announced Wednesday it has signed a definitive agreement to acquire Quality Carriers from Quality Distribution ( CCJ Top 250, No. 34). Terms of the transaction were not disclosed. Quality Carriers, which operates the largest liquid bulk chemical trucking network in North America, will become a standalone entity within CSX and remain headquartered in Tampa, Florida. Quality Carriers operates an extensive bulk tank trucking fleet with around 2,500 drivers and more than 100 company-owned...

Quality Carriers sold to rail giant CSX CSX Corp announced Wednesday it has signed a definitive agreement to acquire Quality Carriers from Quality Distribution. Terms of the transaction were not disclosed. Quality Carriers, which operates the largest liquid bulk chemical trucking network in North America, will become a standalone entity within CSX and remain headquartered in Tampa, Florida. Quality Carriers operates an extensive bulk tank trucking fleet with around 2,500 drivers and more t...