United Road Services has joined with The Carlyle Group and other investors to acquire Colorado-based Fleet Car Carriers.
December 28, 2018Business
M7 Auto Transport Emerges From Bankrupted Auto Strap Transport
M7 Auto Transport has announced its grand opening. The launch came after the auto hauler acquired the assets of Auto Strap Transport, which filed for bankruptcy in late 2017.
January 10, 2019GovernmentBusinessEquipment
FHWA Seeks Comment on Definition of Automobile Transporter
The Federal Highway Administration is considering revising its definition of automobile transporters to allow more flexibility in the type of trailers used to haul vehicles.
October 12, 2017BusinessEquipment
United Road Services Purchased by Carlyle Group
The Carlyle Group has acquired vehicle hauler United Road Services from Charlesbank Capital Partners, the companies announced Sept. 5.
September 5, 2017Business
Car Hauler Jack Cooper Enterprises Averts Chapter 11 Bankruptcy
Car hauler Jack Cooper Enterprises Inc. and Jack Cooper Holdings Corp. have averted a Chapter 11 bankruptcy on June 29 after nearly 99% of those holding debt approved a plan to send back notes and receive fractions on the dollar.
June 30, 2017BusinessEquipmentLogistics
Jack Cooper Plans to Reorganize Debt; Auto Hauler Hopes to Avoid Chapter 11
Leaders of Jack Cooper Holdings Corp., North America’s largest auto hauler, are approaching completion of intense negotiations to reorganize a major portion of the company’s debt.
June 26, 2017Business
Car Hauler Jack Cooper to Lose $70 Million in Revenue as Nissan Terminates Relationship
Nissan will terminate its agreement to with carhauler Jack Cooper Holdings Corp. effective in July, according to an April 4 notice.
April 13, 2017Business
Car-Haul Contract Talks Still Unresolved, Will Resume Next Week
The protracted car-haul negotiations continue to drag on, with more talks scheduled next week, after two more days of talks last week failed to produce a tentative agreement.
April 18, 2016