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FMCSA's Hours-of-Service regulations take full effect July 1; motorcoach rules unchanged
Any motorcoach company that operates across state lines will be bound by these rules.
New Flyer acquires North American Bus Industries, Inc. for $80 million
New Flyer Industries Inc. today announced the acquisition of North American Bus Industries, Inc. (NABI) from an affiliate of Cerberus Capital Management, L.P. for cash consideration of approximately $80 million, virtually all for the satisfaction of affiliate debt. The acquisition excludes discontinued operations in Hungary and substantially all related assets and liabilities. NABI was founded […]
NJ TRANSIT expands "MyBus Now" campaign
Marking the next step in the Christie Administration’s efforts to provide real-time bus information to NJ TRANSIT customers, NJ TRANSIT Executive Director James Weinstein joined customers and invited guests Monday at Newark Penn Station to announce the latest expansion of MyBus Now, the agency’s first real-time service information system for bus customers, to serve 110 North […]
FMCSA shuts down Virginia-based Advanced Ventures
The U.S. Department of Transportation’s FMCSA has ordered Springfield, VA.-based passenger carrier Advanced Ventures, LLC., to immediately cease all operations.
ABC Companies inks exclusive distribution deal with IBP Industries
ABC Companies has signed an agreement with IBP Industries, Inc. to become the firm’s new distribution partner in North America.
ABC announces Tim Wayland as president, Dane Cornell as board chair
ABC Companies founder Clarence “Clancy” Cornell was also appointed as chairman emeritus and will remain as an advisor on ABC’s Board of Directors.