11 unchanged sentences
is a holding company incorporated under the laws of the State of Delaware in June 1986.
−Removed: We conduct operations principally through the following wholly owned subsidiaries:
−Removed: Transport, Inc., T.T.X., LLC, P.A.M.
+Added: We conduct operations and hold assets principally through the following wholly owned subsidiaries:
+Added: Transport, Inc., Met Express, Inc., Costar Real Estate Holding, Inc., Costar Equipment, Inc., Unmoored Realty, LLC, T.T.X., LLC, P.A.M.
Cartage Carriers, LLC, Overdrive Leasing, LLC, Choctaw Express, LLC, Choctaw Brokerage, Inc., Transcend Logistics, Inc., Decker Transport Co., LLC, East Coast Transport and Logistics, LLC, S & L Logistics, Inc., P.A.M.
22 unchanged sentences
We will continue to adapt our operations as required to ensure safety while continuing to provide a high level of service to our customers.
−Removed: While we and most of our customers have returned to normal operations and economic activity continued to increase during 2021, we continue to monitor ongoing developments with the COVID-19 pandemic.
+Added: While we and most of our customers have returned to normal operations and economic activity continued to increase during 2021 and 2022, we continue to monitor ongoing developments with the COVID-19 pandemic.
Any future waves or outbreaks of alternative strains of the virus, including the current spread of the Delta and Omicron variants, could adversely impact our future operations and financial results.
2 unchanged sentences
We will continue to monitor new regulations for any potential impacts to our operations.
−Removed: The ultimate extent of the pandemic’s impact on the Company’s financial and operating results, which could be material, will be determined by the length of time the pandemic continues, its continued severity, further government regulations imposed in response to the pandemic and the pandemic’s continued effect on the economy and transportation demand.
+Added: The ultimate extent of the impact of any future outbreaks or adverse developments with the pandemic on the Company’s financial and operating results, which could be material, will be determined by the length of time such outbreak continues, its severity, further government regulations imposed in response to the pandemic and the effect of any such outbreak on the economy and transportation demand.
The Company believes we will be able to continue to finance our near-term needs for working capital over the next twelve months, as well as any planned capital expenditures during such period, with cash balances, cash flows from operations, and borrowings believed to be available from financing sources.
3 unchanged sentences
Our objective is to provide our customers with a comprehensive solution to their truckload transportation needs.
−Removed: Our array of asset-based service offerings consist of dedicated, expedited, automotive, local, regional, and long-haul truckload services.
+Added: Our array of asset-based service offerings consists of dedicated, expedited, automotive, local, regional, and long-haul truckload services.
Our brokerage and logistics solutions offer similar services but utilize third-party equipment to expand available capacity.
42 unchanged sentences
Our marketing efforts are diversified and designed to gain access to dedicated, expedited, regional, automotive, and long-haul opportunities (including those in Mexico and Canada) and to expand brokerage and logistics offerings.
−Removed: Our sales efforts are conducted by a staff of nine employees who are located in our major markets and supervised from our headquarters.
+Added: Our sales efforts are conducted by a staff of eleven employees who are located in our major markets and supervised from our headquarters.
These individuals work to improve profitability by maintaining an even flow of freight traffic (taking into account the balance between originations and destinations in a given geographical area), high utilization, and minimizing movement of empty equipment.
59 unchanged sentences
We place a high priority on the recruitment and retention of an adequate supply of qualified drivers.
−Removed: Our fleet averages 1.8 years old, keeping our drivers safe, comfortable, and on the road.
+Added: Our truck fleet averages 2.1 years old, keeping our drivers safe, comfortable, and on the road.
With many dedicated and over-the-road assignments, we allow our drivers to select routes that fit their lifestyles.
−Removed: We also have programs specifically designed to recruit and retain drivers who are military veterans, including our civilian career transition program called Honor Road, which provides military members and veterans on-the-job training allowing them to build a new career and earn compensation from the Company while receiving benefits from G.I.
−Removed: We are also proud to offer our Patriot Ride Fleet, in association with The Larson Group/Peterbilt and Bravo3Zero apparel, as a way to honor our uniformed service members past and present.
−Removed: Each unit is designed to pay tribute to a specific branch, and the professional men and women at their helms are veterans of the respective branch.
−Removed: We refer to these drivers as Ambassadors, as they continue to serve their country by safely delivering the goods needed to keep America moving.
Available Information
34 unchanged sentences
The standard adopted for heavy duty trucks was intended to achieve a reduction in CO 2 and fuel consumption ranging from 7% to 20% by model year 2017.
−Removed: In August 2016, the EPA and NHTSA finalized the second phase of these standards which will further reduce GHG emissions and fuel consumption for heavy duty trucks through model year 2027.
+Added: In August 2016, the EPA and NHTSA finalized the second phase of these standards which will further reduce greenhouse gas emissions and fuel consumption for heavy duty trucks through model year 2027.
+Added: In December of 2022, the EPA finalized an additional phase of standards which is intended to reduce nitrous oxide (NOx) emissions to 0.035 grams per horsepower-hour during normal operation, 0.05 grams at low load and 10.0 grams at idle for vehicles with model years 2027 and above.
Compliance with these federal and state requirements has increased the cost of our equipment and may further increase the cost of replacement equipment in the future.
7 unchanged sentences
We anticipate enforcement of the Clearinghouse will remove certain drivers from the pool of drivers available to the industry and increase competition and related costs to attract and retain the remaining qualified drivers.
−Removed: Our motor carrier operations are also subject to environmental laws and regulations, including laws and regulations dealing with the transportation of hazardous materials and other environmental matters, and our operations involve certain inherent environmental risks.
+Added: Our motor carrier operations are subject to additional.
+Added: environmental laws and regulations, including laws and regulations dealing with the transportation of hazardous materials and other environmental matters, and our operations involve certain inherent environmental risks.
These laws and regulations have the effect of increasing the costs, risks and liabilities associated with our applicable operations.
12 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.