American Trucker began in 1977, as a Newsprint, loose page fold-over, called Mother Trucker News. The publishers were two friends, Steve Kreger and Bud Feldkamp who met while students at Loma Linda University in San Bernardino, California. As of December 2017, the magazine is mailed to 150,000 qualified subscribers each month.[1]
Overview
editIn the mid 1980s, American Trucker Magazine (ATM) had a circulation of well over 100,000.[citation needed] The magazine was sold in more than 150 truck stops across the United States.[2] Many of the truck stops that sold ATM were concentrated in the West, Midwest, on across Interstate 80 through Pennsylvania and New York. The biggest concentration of participating truck stops were across the southern states from California east through Arizona, New Mexico, through Texas; Louisiana; Mississippi; Alabama; Tennessee; Georgia and Florida.
Sell out
editIn May 1998, American Trucker Magazine (ATM) was sold by Southam (see also Hollinger International Inc.) in a bundled transaction including a daily circulation Western Canada newspaper for $93,672,000.[3] The purchase and sale agreement provided for the payment by the purchaser of a $2.0 million non-competition fee to the Company. The Company failed to disclose that on February 1, 1999, approximately eight months after the sale closed, the Company transferred funds equivalent to the non-competition fee to Hollinger Inc.[4] This transaction played a part in the trial of Hollinger Chairman, Conrad Black and three executives.[5]
See also
editReferences
edit- ^ "American Trucker". Trucking Group Marketing. Retrieved 2018-01-05.
- ^ "Heavy Duty Truck Scanner for Efficient Diagnostics". 10 April 2023. Retrieved 2023-04-15.
- ^ "10-K Annual Report - 12/31/1999". getfilings.com. Retrieved 2018-01-05.
- ^ "HOLLINGER INTERNATIONAL INC". www.sec.gov. Retrieved 2018-01-05.
- ^ "Black On Trial". tribunedigital-chicagotribune. Retrieved 2018-01-05.