The owner of the 300-truck refrigerated carrier also resigned recently as an American Trucking Associations vice chairman. O’Neal had served as the 2007-2008 Truckload Carriers Association chairman, a position Robert Low, president of Prime, assumed last March.
The Chapter 11 petition lists equity security holders as O’Neal, with 142,000 shares, and the 31-year-old company’s employee stock ownership trust, which has 79,403 shares. It estimated its liabilities at $10 million to $50 million and assets to be less than $50,000.
The affiliation the two companies want approved would allow O&S to retain 80 percent of its revenue, but use Prime’s buying power for fuel and trucks and trailers. It would grant O&S access to Prime’s rolling stock and additional freight business.
If approved, the agreement would provide O’Neal a 3 percent commission for O&S revenue generated the first year, 2 percent in the second year and 1 percent in the third year.
The court has scheduled a July 18 meeting for O&S creditors.
— Jill Dunn
Cross-border pilot program could fail
The U.S.-Mexico cross-border trucking pilot program may fail unless more Mexican carriers elect to join, a Federal Motor Carrier Safety Administration official said in May. To date, Mexican trucks have entered the United States only 33 times under the program, said William Quade, FMCSA’s associate administrator for enforcement and program delivery.
“The agency is extremely concerned about not having sufficient data,” Quade told the agency’s Motor Carrier Safety Advisory Committee at its meeting in Alexandria, Va. Without more participation, FMCSA cannot collect adequate data to evaluate Mexican carriers’ safety, resulting in the program’s failure, Quade said.
The pilot program’s rebirth sprung from talks between President Obama and Mexican President Felipe Calderon that yielded a July 2011 deal. Mexico had imposed billions in tariffs on American imports, citing violations of the North American Free Trade Agreement, after the United States ended the initial pilot program in 2009 under political pressure and protests from the Teamsters and other interests.
Quade told MCSAC that, to date, only three Mexican trucking companies have sent a total of three drivers and three trucks across the border, accounting for all of the trips. The largest Mexican trucking firms haven’t applied due to uncertainty over the program and insurance issues, he said.
— Staff reports
THE AMOUNT of freight carried by the for-hire transportation industry rose 0.2 percent in April from March, up 2 percent from the same time last year and 16.7 percent from the April 2009 low.
Shell names calendar trucks
Driver John O’Keefe of Portland, Conn., won Best of Show at the 2012 Shell Rotella SuperRigs competition, May 17-19 at the Joplin Speedco in Joplin, Mo., with his 2007 Peterbilt 379 Legacy. The truck, called Low Life, also captured first place in the Best Interior, Best Theme, Best Chrome, Best Lights and Best Engine categories.
Paul Rissler of California, Mo., won Best of Show, first runner-up and $4,000 with his 1996 Peterbilt 379. Shell awarded the truck’s owner, Todd Roccapriore, with $10,000, which he donated immediately to All Roads Lead to Joplin, a group developed to help raise funds to benefit the YMCA of Joplin’s community disaster recovery efforts following a devastating tornado in May 2011.
The event helped raise $100,000 for the relief fund.
In addition to O’Keefe, 11 other trucks were selected for the 2013 Shell Rotella SuperRigs calendar:
• Larry Pruitt; St. Clair, Mo.; 2007 Mack CHN-613
• Ron Saris; Leamington, Ontario; 2000 Kenworth W900
• Chad Blackwell; Greenville, Va.; 2007 Peterbilt 379
• Dan Look; Appleton, Wis.; 2004 Peterbilt 379
• Josh Ihlenfeld; Owatonna, Minn.; 2005 Kenworth W900
• Jeremiah Wolfe; Roanoke, Va.; 1998 Kenworth W900L
• Don Wood; Denmark, Wis.; 2003 Peterbilt 379
• Caleb Eilers; Odessa, Texas; 2000 Peterbilt 379
• Larry Bontrager; Kolona, Iowa; 2007 Peterbilt 379
• Albert Tocci; Inola, Okla.; 1955 Mack LTL
• Travis Buhr; Adams, Neb.; 2001 Peterbilt
— Staff reports
Rule reduces paperwork on intermodal equipment
Truckers operating intermodal equipment no longer are required to submit inspection reports if they have not found nor been made aware of defects in the IME.