Transport TopicsAmpace Corp., citing losses in its furniture hauling operations, announced the closing of its Asheboro, N.C., facility, effective Nov. 16.
November 23, 1998Meritor Automotive will acquire Lucas-Varity Heavy Vehicle Braking Systems for $390 million in cash.
November 23, 1998Former Ampace Corp. executives Bruce W. Jones and Jay N. Taylor established a merchant banking firm to exclusively serve the trucking industry.
November 19, 1998USFreightways Corp. completed the merger of Golden Eagle Group into USF Seko Worldwide Nov. 12.
November 18, 1998Penske Truck Leasing agreed to acquire the assets of Young NationaLease, a truck rental and leasing company based in Canton, Ohio. Penske is the nation's second largest truck rental and leasing company with 400 locations in the U.S., Canada and Mexico.
November 17, 1998Miller Bros., one of Colorado's longest running trucking companies, has been sold to HVH Transportation. Both companies are based in Denver.
November 17, 1998An editorial in Traffic World magazine suggesting that American Trucking Associations 鈥渉as not yet hit its stride鈥 drew a spirited response from Stoney 鈥淢it鈥 Stubbs Jr., chairman of Dallas-based Frozen Food Express Industries.
November 16, 1998AmeriTruck Distribution Corp. is getting out of the refrigerated trucking business, but expects to continue its other operations, as it reorganizes under Chapter 11 of the federal bankruptcy code.
November 16, 1998Aasche Transportation Services, Shannon, Ill., expanded its waste hauling business with two recent transactions.
November 16, 1998There鈥檚 a message for trucking in the recent mid-term Congressional elections.
November 16, 1998