The decision between leasing or buying new trucks often comes down to dollars and cents, and can have far-reaching effects on a company’s long-term finances, industry experts said.
November 20, 2017GovernmentBusiness
Iowa Court Cuts CRST Van Expedited Attorney Fees
A federal judge in Iowa has sliced to $1.9 million an award for attorney’s fees to CRST Van Expedited, the latest turn in a 10-year battle over a class-action sexual harassment lawsuit that a judge dismissed after ruling that the Equal Employment Opportunity Commission brought a frivolous complaint against the carrier.
October 4, 2017Business
CRST Buys Gardner Trucking in its Largest Acquisition
CRST International Inc. announced it has acquired California-based Gardner Trucking Inc., the buyer’s largest acquisition, to take a step closer toward its goal of becoming a $2 billion annual revenue company within two years.
September 12, 2016GovernmentBusiness
Supreme Court Unanimously Rules in Favor of CRST
The U.S. Supreme Court ruled unanimously on May 19 in favor of CRST Van Expedited in a lawsuit originally brought by the Equal Employment Opportunity Commission in 2007.
May 24, 2016Business
Souza Named Chief Financial Officer at CRST
CRST International Inc. has selected former CEVA Logistics executive David Souza as the company’s new chief financial officer as veteran executive Wes Brackey prepares for retirement.
December 23, 2015GovernmentBusiness
Supreme Court to Hear CRST Appeal in Sexual Harassment Suit
The U.S. Supreme Court on Dec. 4 agreed to hear an appeal by CRST Van Expedited Inc. that claimed the Iowa-based motor carrier was entitled to a $4.7 million award in a sexual harassment lawsuit brought by the Equal Employment Opportunity Commission.
December 9, 2015GovernmentBusiness
CRST Petitions for HOS Exemption Allowing Drivers to Use Split Sleeper Berth Time
CRST Expedited Inc. has asked federal regulators to grant some of the company’s drivers an hours-of-service exemption that would allow them to use split sleeper berth time to satisfy federally required off-duty periods.
August 24, 2015Business
CRST Founder Herald Smith Dies at 91; Iowa-Based Fleet Is One of Largest in US
Herald Smith, the founder of CRST International, died July 27 at his summer home in Wisconsin at age 91 after a brief illness.
August 3, 2015Business
CRST Founder Smith Dies at 91
Herald Smith, the founder of CRST International, died July 27 at his summer home in Wisconsin at age 91.
July 28, 2015Business
CRST Buys Pegasus Transportation
CRST International Inc. announced the acquisition of Pegasus Transportation Inc. to continue the expansion of the buyer’s service offerings.
March 3, 2015