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1 in the United States District Court for the Northern
Case: 1:11-cv-01983 Document #: 1 Filed: 03/22/11 Page 1 of 22 PageID #:1 IN THE UNITED STATES DISTRICT COURT FOR THE NORTHERN DISTRICT OF ILLINOIS CHICAGO DIVISION PJC LOGISTICS, LLC, : : Plaintiff : : v. : Civil Case No. 11-cv-1983 : A&R LOGISTICS, INC.; ACE HARDWARE : JURY TRIAL DEMANDED CORPORATION; ALLIED VAN LINES, INC.; : ATLAS VAN LINES, INC.; BEST WAY : EXPRESS, INC.; BULKMATIC TRANSPORT : COMPANY; CARDINAL TRANSPORT, INC.; : CARTER EXPRESS, INC.; CELADON GROUP, : INC.; CENTRAL TRANSPORT NORTH : AMERICA, INC.; CON-WAY FREIGHT, INC.; : CON-WAY, INC.; DAWES TRANSPORT, INC.; : deBOER TRANSPORTATION, INC.; DO IT : BEST CORP.; DOHRN TRANSFER COMPANY; : EARL L. HENDERSON TRUCKING COMPANY; : EQUITY TRANSPORTATION COMPANY, INC.; : G & F TRUCKING LEASING, INC.; GULLY : TRANSPORTATION, INC.; H.O. WOLDING, : INC.; JBS LOGISTICS, INC.; JOHNSON : TRUCKING OF NEENAH, INC.; MARTEN : TRANSPORTS, LLC; THE MASON AND DIXON : LINES, INCORPORATED; NORTH AMERICAN : VAN LINES, INC.; ORMSBY TRUCKING, INC.; : POINT DEDICATED SERVICES, LLC; R&M : TRUCKING CO.; ROADRUNNER : TRANSPORTATION SERVICES, INC.; ROEHL : TRANSPORT, INC.; RUSH TRUCKING : CORPORATION; SCHNEIDER NATIONAL : CARRIERS, INC.; STANDARD FORWARDING, : LLC; SUPER SERVICE, LLC; THOMASON : EXPRESS, LLC; TRANSPORTATION : SERVICES, INC. (TSI); UNIVERSAL : TRUCKLOAD SERVICES, INC.; USF : HOLLAND, INC.; and VENTURE LOGISTICS : SERVICES, INC. : : Defendants. : : 1 Case: 1:11-cv-01983 Document #: 1 Filed: 03/22/11 Page 2 of 22 PageID #:2 COMPLAINT Plaintiff PJC Logistics LLC (“PJC Logistics” or “Plaintiff), by way of Complaint against defendants A&R Logistics, Inc.; Ace Hardware Corporation; Allied Van Lines, Inc.; Atlas Van Lines, Inc.; Best Way Express, Inc.; Bulkmatic Transport Company; Cardinal Transport, Inc.; Carter Express, Inc.; Celadon Group, Inc.; Central Transport North America, Inc.; Con-Way Freight, Inc.; Con-Way, Inc.; Dawes Transport, Inc.; deBoer Transportation, Inc.; Do It Best Corp.; Dohrn Transfer Company; Earl L. -
FREIGHTLINER Ecascadia the FUTURE of COMMERCE
Insider ELECTRIC CAR Buyers Guide Buyers COMMERCIAL VEHICLES ELECTRIC TRUCK COMPLETE REVIEWS Mobile App REBATES GUIDE REBATES FREIGHTLINER eCASCADIA THE FUTURE OF COMMERCE BYD Class 6 PROTERRA Catalyst US: $9.45 CA: $11.45 EV Educational Pillars Displays for Electric Vehicle Exhibitions and Educational Events Get answers to the most common EV questions, including: • How do I charge my truck? • How far can electric trucks drive? • What incentives and rebates are available? • Are electric trucks really cheaper to operate? • How green are electric trucks? Set up throughout an event space: • Provide educational exhibits at intervals along the walking loop. • Create consistent visual appeal throughout the exhibit area. • When displayed together, the ten exhibits provide a complete introductory knowledge to owning and driving electric vehicles. Fully customizable with your logo, local pricing data and other information. Call us for more information and pricing www.electric-car-insider.com/edu-exhibits.html 619-335-7102 Buyers Guide Contents 2020 Q3 TRUCKS & VANS 8 FEATURES Tesla Semi 7 From the Editor Nikola TWO 8 Electric Crossovers Here, Trucks Coming 3 Freightliner eCascadia 9 Volvo VNR Electric 10 XOS ET-One 11 ELECTRIC VEHICLE BUYERS GUIDE Peterbilt 579EV 12 16 Commercial Electric Vehicles Freightliner eM2 13 Profiles and Specifications 6 Peterbilt 220EV 14 XOS Medium Duty 15 Lion 8 16 BYD Class 8 17 Mitsubishi Fuso eCanter 18 SEA Electric Hino 195 EV 19 34 25 BYD Class 6 20 Phoenix Zeus 500 21 Motiv Power Systems Epic 22 Cummins PowerDrive -
Trucking Industry Update – January 2018
January 2018 Bridgepoint Insights Trucking Industry Update Industry Valuation Multiples At Historical Peak Executive Summary Key Takeaways . Trucking company valuation multiples are currently 10.4x, . Trucking company valuations and earnings are highly up 103.9% from the most recent cycle trough of 5.1x in cyclical due to the nature of the industry and general January 2016; current multiples are at their highest level macroeconomic factors as well as specific business in 8 years characteristics; cycle timing is critical to maximize transaction value . Given the public equities markets run, industry valuations remain low historically relative to the S&P 500, trading at . Understanding and appropriately communicating the 77.1% of the broad market, well below the historical Company’s unique business mix is critical to a successful median of 85.1%; however, this is up from the last cycle process and value maximization trough of 47.1% in July 2016 . Industry valuations maintaining upward trends above . The ATA tonnage index dropped 5.7% in December 2017 historical levels for the first time in nearly 3 years and there to 142.9 despite 2017 as a whole up 3.9% compared to are solid industry tailwinds; the near-term cycle window for 2016; the all-time high was 151.0 reached in November sellers is open 2017 . Bridgepoint Merchant Banking advises trucking company . WTI crude rose to $66.16 on January 24, 2018, an owners seeking liquidity that timing is attractive to consider increase from the most recent low of $42.53 reached in exploring monetization, financing and other strategic options June 2017 and well below highs of $100+ in 2014 Trucking Valuation Cycle 12.0x TEV / LTM EBITDA $2.0 Current 10.4x Historical Median 7.7x $1.8 10.0x Peak 10.4x Trough 5.1x $1.6 TEV ($ billions) ($ TEV $1.4 8.0x $1.2 6.0x $1.0 $0.8 TEV / LTM EBITDA 4.0x $0.6 $0.4 2.0x $0.2 0.0x $0.0 TEV TEV / LTM EBITDA Historical Median Note: Composite composed of selected public comparables as listed on page 3. -
Transportation & Logistics
TRANSPORTATION & LOGISTICS INDUSTRY UPDATE │ JUNE 2017 www.harriswilliams.de Harris Williams & Co. Ltd is a private limited company authorised and regulated by the Financial Conduct Authority, incorporated under English law with its registered office at 5th Floor, 6 St. Andrew Street, London EC4A 3AE, UK, registered with the Registrar of Companies for England and Wales under company number 7078852. Directors: Mr. Ned Valentine, Mr. Paul Poggi, Mr. Thierry Monjauze and Mr. Aadil Khan. Harris Williams & Co. Ltd Niederlassung Frankfurt (German branch) is registered in the Commercial Register (Handelsregister) of the Local Court (Amtsgericht) of Frankfurt am Main, Germany, under registration number HRB 96687, having its business address at Bockenheimer Landstrasse 33-35, 60325 Frankfurt am Main, Germany. Permanent Representative (Ständiger Vertreter) of the Branch Niederlassung: Mr. Jeffery H. Perkins. 0 TRANSPORTATION & LOGISTICS INDUSTRY UPDATE │ JUNE 2017 WHAT WE’RE READING CONTENTS LOGISTICS | FORTUNE 500 HIGHLIGHTS E-COMMERCE LOGISTICS IMPACT . M&A TRANSACTIONS This year’s Fortune 500 list of largest US publicly owned companies, released June . PUBLIC MARKETS OVERVIEW 7, underscores a growing rift in the transportation sector: Those companies . STOCK PRICE PERFORMANCE involved in e-commerce, last-mile delivery, and supply-chain solutions continue to . OUR GROUP grow faster than traditional freight-moving competitors. That is a sign of the growing impact of what is been called the “Amazon Effect” on distribution and order fulfillment, and greater specialization in last-mile and dedicated transportation. It also reaffirms those more dependent on traditional freight CONTACTS markets suffered as those markets stagnated in 2016. That shift is likely to touch more of the Fortune 500 transport operators in 2017. -
New Order, New Opportunities on the Rise Page 28
logisticsmgmt.com ERP vs. best-of-breed 44 Expanding into emerging markets 48 Lift Trucks: Financing for July 2013 ® fl exibility 52 2013 STATE OF LOGISTICS New order, new opportunities on the rise Page 28 SPECIAL REPORT: Panama Canal expansion update 68S IT’S 10 O’CLOCK. DO YOU KNOW WHAT YOUR LIFT TRUCK IS DOING? iWAREHOUSE knows. For everything from compliance to warehouse optimization, your operations run smarter with iWAREHOUSE by Raymond®. As the industry’s most comprehensive fleet and warehouse optimization system, iWAREHOUSE automates truck and operator data-capturing. That means you get better productivity, less downtime and increased ROI. And, at the end of the day, a smarter warehouse. Run Better. Manage Smarter. Find out how at raymondcorp.com/iwarehouse. by Raymond Get your daily fix of industry news on logisticsmgmt.com management UPDATE AN EXECUTIVE SUMMARY OF INDUSTRY NEWS USPS remains committed to reducing topped the 1.0 mark since May 2010, when ship- financial burden. In a Webcast last month, ments moved above the 1.0 mark for the first United States Postal Service (USPS) Chief Finan- time since November 2008. And freight expen- cial Officer and Executive Vice President Joseph ditures at 2.383 were down 2.6 percent annually Corbett explained that the service’s financial and up 0.04 percent compared to April. The Cass outlook has “created a crisis of confidence” in Freight Index report observed how these mixed the eyes of the marketplace. He added that the results are an accurate reflection of the ongo- USPS “needs to, as -
Transportation & Logistics Industry Update
TRANSPORTATION & LOGISTICS INDUSTRY UPDATE │ FEBRUARY 2016 www.harriswilliams.com Investment banking services are provided by Harris Williams LLC, a registered broker-dealer and member of FINRA and SIPC, and Harris Williams & Co. Ltd, which is authorised and regulated by the Financial Conduct Authority. Harris Williams & Co. is a trade name under which Harris Williams LLC and Harris Williams & Co. Ltd conduct business. 0 TRANSPORTATION & LOGISTICS INDUSTRY UPDATE │ FEBRUARY 2016 WHAT WE’RE READING CONTENTS LOGISTICS | ADDRESSING FUTURE DEMAND LEVELS NOW . M&A TRANSACTIONS Increased variation in what buyers require at a given time means it is no longer . PUBLIC MARKETS OVERVIEW sufficient to rely on traditional baseline ordering patterns. Meeting demand on a . STOCK PRICE PERFORMANCE more consistent basis therefore requires complex stock management systems, building and maintaining key relationships throughout the supply chain and a . OUR GROUP review of the triggers that influence buying behavior. Recent years have seen a concerted focus on suppliers adopting more products lines – both in terms of volume and variation – in order to react quickly to the demands of buyers, which can often come at a moment’s notice. CONTACTS Supply Chain Digital UNITED STATES TRUCKING | LOGISTICS CHIEF EXPECTS TRUCKERS TO ADAPT TO NEW RULES Frank Mountcastle Logistics provider C.H. Robinson Worldwide Inc. says the trucking industry should Managing Director [email protected] absorb new federal safety regulations with relative ease despite sharp divisions +1 (804) 915-0124 among trucking companies over the rules. The requirement for electronic logging devices and restrictions on driving hours for truck drivers will raise costs for some Jason Bass smaller trucking companies, John Wiehoff, the company’s chief executive, said in Managing Director an earnings conference call with analysts on Wednesday. -
Q3 2015 Transportation & Logistics
TRANSPORTATION & LOGISTICS Q3 2015 CONTACTS STATE OF THE TRANSPORATION M&A MARKET Experts continue to view the Transportation & Logistics industry as a measure of the health of the Len Batsevitsky overall economy and thus far, 2015 has been a strong year for providers of commercial Director transport. The industry has been aided by significantly lower oil prices, increased personal (617) 619-3365 [email protected] consumption, expanded manufacturing and the continued rise of e-commerce as a viable retail channel. As a result, many transportation companies are experiencing improved financial Daniel Schultz performance which, coupled with a robust middle market M&A environment, has led to a Director of Business Development significant increase in deal activity. Furthermore, the industry’s high fragmentation will serve to (617) 619-3368 increase M&A activity as companies look to consolidate, increasing their efficiency through scale. [email protected] Overall, 2015 is shaping up to be a strong M&A year for the Transportation & Logistics industry Matthew Person because thus far through Q4, there have been 104 transactions. If that pace continues Associate (617) 619-3322 throughout the rest of calendar year, we could see nearly 140 M&A transactions during 2015, [email protected] which would near the record breaking high of 144 transactions in 2012. Transportation and Logistics Transactions 160 144 140 113 120 108 108 104 100 80 80 60 40 20 0 BOSTON 2010 2011 2012 2013 2014 YTD CHICAGO 9/30/2015 Sources: Capital IQ and Capstone Partners LLC research LONDON LOS ANGELES In addition, valuations have remained stable over the past several years with recent transaction PHILADELPHIA multiples for asset-light logistics businesses generally north of 8x LTM EBITDA, while traditional SAN DIEGO asset-heavy freight carriers (primarily in the trucking sub-industry) have traded at a range of 5x to 7x. -
Universal Logistics Holdings, Inc
UNIVERSAL LOGISTICS HOLDINGS, INC. NOTICE OF 2020 ANNUAL MEETING OF SHAREHOLDERS PROXY STATEMENT AND 2019 ANNUAL REPORT UNIVERSAL LOGISTICS HOLDINGS, INC. 12755 E. Nine Mile Road Warren, Michigan 48089 (586) 920-0100 www.universallogistics.com NOTICE OF ANNUAL MEETING OF SHAREHOLDERS To Be Held on April 30, 2020 To our Shareholders: The 2020 annual meeting of shareholders of Universal Logistics Holdings, Inc., a Michigan corporation (“ULH” or the “Company”), will be held at 12755 E. Nine Mile Road, Warren, Michigan 48089, on April 30, 2020, at 10:00 a.m. local time. The meeting is being held for the purpose of considering and voting on the following proposals: 1. To elect ten directors to serve until the next annual meeting of shareholders and until their successors have been elected and qualified (the Board of Directors recommends a vote “FOR” the nominees named in the attached proxy statement proposal); 2. To conduct an advisory vote on the compensation of our named executive officers (the Board of Directors recommends a vote “FOR” this advisory proposal); 3. To ratify the appointment of BDO USA LLP as ULH’s independent registered public accounting firm for the next fiscal year (the Board of Directors recommends a vote “FOR” this proposal); 4. To conduct an advisory vote on a shareholder proposal for majority voting in uncontested director elections (the Board of Directors makes no recommendation regarding the vote on this advisory proposal); and 5. Such other business as may properly come before the meeting or any adjournment or postponement of the meeting. All shareholders of record as of the close of business on March 13, 2020, will be entitled to notice of and to vote at the meeting or any adjournment or postponement of the meeting. -
Ferguson LTL Carrier Contacts.Xlsx
Mode Managed Transportation Center 17330 Preston Road 200c Updated 1/10/2019 Dallas TX 75252 www.modetransportation.com Mode Transportation Contacts Mode Transportation Main [email protected] 833-235-6208 Transportation Manager Jane McDaniel [email protected] O: 214-445-5226 C: 214-213-7430 Accounts Payable/Billing Charles Cabral [email protected] O: 214-445-5224 C: 469-439-7088 SCAC Carrier Carrier Website PYLE A DUIE PYLE INC https://www.aduiepyle.com/ AACT AAA COOPER TRANSPORTATION http://www.aaacooper.com/ ABFS ABF FREIGHT SYSTEM INC https://arcb.com/abf-freight BEAV BEAVER EXPRESS www.beaverexpress.com/ CENF CENTRAL FREIGHT LINES INC. http://www.centralfreight.com/ CNWY CONWAY/XPO http://www.con-way.com/ DAFG DAYTON FREIGHT LINES, INC. https://www.daytonfreight.com/ DPHE DEPENDABLE HIGHWAY http://www.godependable.com/ EXLA ESTES EXPRESS LINES https://www.estes-express.com/ FXFE FEDEX FREIGHT https://www.fedexfreight.fedex.com/ JJKQ JACK JONES TRUCKING http://www.jjtinc.com/ LKVL LME https://www.lme4me.com/ NPME NEW PENN https://www.newpenn.com/ NOPK NORTHPARK http://nopk.com/ OAKH OAK HARBOR FREIGHT LINES http://www.oakh.com/ ODFL OLD DOMINION FREIGHT LINES https://www.odfl.com/ PENS PENINSULA http://www.peninsulatruck.com/ PITD PITT OHIO EXPRESS INC. https://works.pittohio.com/ RLCA R & L CARRIERS https://www2.rlcarriers.com/ RETL REDDAWAY http://www.reddawayregional.com/ SAIA SAIA MOTOR FREIGHT LINE INC https://www.saia.com/ SEFL SOUTHEASTERN FREIGHT LINES https://www.sefl.com/ -
Bridge Duel Continues Between State, Moroun
20090202-NEWS--0001-NAT-CCI-CD_-- 1/30/2009 6:04 PM Page 1 ® www.crainsdetroit.com Vol. 25, No. 5 FEBRUARY 2 – 8, 2009 $2 a copy; $59 a year ©Entire contents copyright 2009 by Crain Communications Inc. All rights reserved Inside State’s UI debt could Bridge duel continues mean higher taxes, Page 3 between state, Moroun Government gives nod for Rehab agency on the road both spans to fiscal recovery, NATHAN SKID/CRAIN’S DETROIT BUSINESS BY BILL SHEA Page 3 Christos Moisides (left) and Michael CRAIN’S DETROIT BUSINESS Sinanis of 23rd Street Studios have a studio site at 23rd and Michigan. The high-stakes standoff be- This Just In tween Manuel Moroun and an international coalition of gov- ernments continues as both Comerica economist: make incremental progress to- Recession is widening Motown ward competing billion-dollar Detroit River crossings. Dana Johnson, the chief The situation got fresh impe- economist for Comerica Bank, tus in recent weeks, thanks to a NATHAN SKID/CRAIN’S DETROIT BUSINESS said the current recession is movies pair of U.S. Department of Trans- Matthew Moroun, vice president of the Detroit International Bridge Co., stands in front of construction of the new bridge span, which will run next to the almost certain to become the portation approvals for the si- current bridge. longest since the 16-month multaneous bridge projects — downturns of 1973 and 1981, 2 groups shooting which include Michigan jointly four-lane structure. tion of infrastructure work on a which would make it the funding infrastructure at one Moroun’s Detroit International new highway interchange serving longest since the Great De- while seeking to build the other Bridge Co. -
E-Trucks on Track to Beat Diesels on Cost -- Tuesday, March 16, 2021
3/16/2021 ELECTRIC VEHICLES: E-trucks on track to beat diesels on cost -- Tuesday, March 16, 2021 -- www.eenews.net THE TRANSFORMATION OF THE ENERGY SECTOR ELECTRIC VEHICLES E-trucks on track to beat diesels on cost David Ferris, E&E News reporter • Published: Tuesday, March 16, 2021 Tesla Inc. released a video Sunday of an electric semitruck prototype driving around a company test track in Fremont, Calif. @Tesla/Twitter Electric freight trucks now ramping for the roadway could cost less than today's diesel trucks over the life of the vehicle, according to a new study. By 2030, they could cost half as much if the electric grid keeps up with vehicle technology and policymakers offer loads of help. The study compares an existing heavy-duty diesel truck from Volvo to the Tesla Semi, the electric freight tractor that is two years behind schedule and has a new target date of the end of this year. Tesla Inc. grabbed a fresh round of attention this weekend when it released a video of its truck rounding a test track. To underscore the electric vehicle maker's emphasis on freight, Tesla moved Jerome Guillen, the president of automotive efforts, to a new role as head of heavy trucking. Though Tesla's vehicle gets a lot of buzz, other, traditional truckmakers are also prototyping electric trucks, including Volvo Trucks Corp. and Daimler Trucks North America. The study is a joint effort of researchers at Lawrence Livermore National Laboratory; the University of California, Los Angeles; and the Goldman School of Public Policy at the University of California, Berkeley. -
PG&E EV Fleet Summary of Availabe
PG&E EV Fleet Program Summary of zero emission vehicles and equipment for distribution and delivery fleets Together, Building a Better California e v neet Zero emission vehicles and equipment for Table of Contents distribution and delivery fleets SECTION 1 SECTION 3 SECTION 4 Heavy-Duty Electric Vehicles (Class 7-8) Medium-Duty Electric Vehicles (Class 4-7) Medium-Duty Electric Vehicles (Class 2-3) 1. BYD 8TT (T9/Q3M) 1. BYD 6F and 5F 1. Arrival Van 2. Einride AET 1,2,3,4 2. BYD 6D Step Van 2. Bollinger B2 Chassis Cab 3. Freightliner eCascadia 3. Cenntro City Porter 3. Bollinger Deliver-E 4. Hino Trucks XL8, XL7 4. Chanje V8100 4. BrightDrop EV600 5. Kenworth K370E 5. CityFreighter CF1 5. Envirotech Urban Truck 6. Kenworth T680E 6. Endera Motors L 6. Envirotech Logistics Van & Cutaway 7. Lion Electric Co. eLion8 7. Freightliner eM2 108 & 106 7. Ford E-Transit 8. Lion Electric Co. Lion8 T 8. Freightliner Custom Chassis Corp. MT50e 8. Lightning Systems Ford Transit Cargo Van 9. Lonestar SV S12, S22, T12, T22 9. GreenPower EV Star CarGO Van, Cargo+, CC 9. Maxwell Vehicles ePro Electric Vans 10. Nikola Motor Co. Two, Tre 10. Hino Trucks M5 10. Mercedes-Benz eSprinter 11. Peterbilt 579EV 11. Kenworth K270E 11. SEA Electric Ford Transit EV 12. SEA Electric HD Chassis Cab 12. Lightning Systems 6500XD Cab Forward Truck 12. Workhorse C-Series Vehicles 13. SEA Electric HD Straight Trucks 13. Lightning Systems F-59 Cargo Van 14. Tesla Semi 14. Lightning Systems Ford E-450 Cutaway 15.