To retread… or not to retread?
by Peter Corbett
Private equity investors driving industry consolidation
Mergers and acquisitions are expected to be strong through 2020 as private equity firms see the motorcoach industry as a good investment, especially with concerns…
Feds preempt California meal & rest break rule for passenger-carrying CMV drivers
Washington, DC – The Federal Motor Carrier Safety Administration FMCSA) released their determination regarding California’s Meal and Rest Break (MRB) as it pertains to passenger…
He built two bus companies. Now Jeff Polzien wants to continue building the industry as UMA chairman
Jeff Polzien was a certified public accountant confronted with an opportunity to purchase three old buses from a defunct tour operator. Suddenly he was in…
CBD can jeopardize your CDL
Even products labeled as THC-free may cause positive drug tests
The market for products containing cannabidiol (CBD) has exploded since the federal government legalized products…
FMCSA postpones Drug & Alcohol Clearinghouse queries after rocky start
Washington, DC – As reported in yesterday’s Member Newsletter , many motor carriers continue to incur challenges querying the Drug & Alcohol Clearinghouse…
Gladys Gillis: The right leader at the right time
When the United Motorcoach Association board of directors gathered this past June for strategic discussions about the organization’s future, they didn’t just talk theoretically about…
New models lead MCI from 2019 into 2020
by Hal Mattern
Motor Coach Industries (MCI) has wrapped up an eventful 2019 that included the delivery of two popular new coach models, and the…
Greyhound write-down, insurance reserve pull down FirstGroup financials
Discussions with potential buyers underway
A $160-million write-down on Greyhound’s valuation and a $76.5-million infusion to its North American self-insurance reserve pushed Scottish owner FirstGroup…
