Transport Topics
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BMO Financial Group announced that it has completed the acquisition of General Electric Capital Corp.'s transportation finance business, which will be managed by its Chicago-based subsidiary BMO Harris Bank N.A.
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Werner Enterprises Inc. is increasing pay for about 1,400 drivers by an average of $5,000, effective Jan. 1.
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Under a five-year highway bill unveiled Dec. 1, federal trucking regulators would be required to remove certain safety performance scores for motor carriers from public view until regulators reform the scoring program.
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Truckload carrier Transport America purchased a majority stake in Optimal Freight, a Chicago-based brokerage, the carrier said Dec. 1.
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