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Cahners acquires trucking pubs

Published on .

Newton, Mass.--Cahners Business Information announced last week it has acquired rpm, a trucking recruitment publication, and Truck Owner from Classic III, Cummings, Ga. Terms of the deal were not disclosed. The acquisition of rpm is intended to increase Cahners' market share of trucking recruitment advertising, said Rusty Piersons, group VP-Cahners' auto/trucking and supply chain/original-equipment manufacturing groups. Key trucking publications in Cahners auto/trucking group include Commercial Carrier Journal and Owner Operator. ``Driver recruitment is a major issue in the trucking industry,'' said Greg Sheremet, publisher of Commercial Carrier Journal and Owner Operator, who will also oversee rpm. Cahners plans to fold Truck Owner into Owner Operator.
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