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Three Package Carriers Make Major Changes

Three of the nation鈥檚 major package couriers behind United Parcel Service and FedEx Corp. have instituted major changes of ownership, stock exchange listing and corporate organization.

January 31, 2001

STB Issues Final Undercharge Ruling

The Surface Transportation Board issued its final ruling in a series of undercharge cases that had their roots in the economic deregulation of trucking in 1980 and once threatened to transfer $27 billion from the nation鈥檚 shippers into the estates of bankrupt motor carriers.

January 31, 2001

Calif. Ag Haulers Squeezed by Electricity Crisis

California agricultural haulers, farmers and food processors are up to their ears in broccoli these days.

January 31, 2001

Appellate Court Upholds N.Y. Thruway Fuel-Use Tax

New York鈥檚 fuel-use tax does not violate the Commerce Clause of the U.S. Constitution when it is imposed on the New York State Thruway, a state appellate court said, upholding a lower court ruling.

January 31, 2001

OTR Express Predicts Losses for Two Quarters

In a somber news release that echoed four issued previously, OTR Express Inc., a nationwide truckload dry van carrier, predicted net losses for the fourth quarter of 2000 and the first quarter of 2001.

January 31, 2001

Yellow Corp. Orders Layoffs, Cites Economy

A softening economy slathered on top of the traditionally slow winter season prompted less-than-truckload carrier Yellow Corp. to lay off 75 full- ime, salaried personnel Jan. 12, according to a company spokesman.

January 31, 2001

EGL Says Merger Causes Lower Earnings, Layoffs

Eagle Global Logistics, the strongly profitable Houston-based freight forwarder owned by EGL Inc., last week acknowledged difficulties that will cause it to take about $90 million in pre-tax charges against earnings and to lay off 300 employees.

January 31, 2001

Editorial: Looking Forward to Norm Mineta at DOT

Testimony from Norman Y. Mineta during his confirmation hearing last week before a Senate panel on his appointment as President Bush鈥檚 transportation secretary contained much welcome news for trucking.

January 31, 2001

Opinion: In Defense of Towing Company Billing Practices

鈥淚鈥檝e been cheated!,鈥 鈥淎dd it up again!,鈥 鈥淲hat a rip-off!鈥 More complaining from disgruntled Democrats? No, those are remarks frequently attributed to trucking company executives referring to towing and storage bills on accident recoveries.

January 31, 2001

Towing Officials Say Their Bills Often Reflect Exceptional Costs

Some towing operators will tell you that one reason they have to raise their rates is because trucking is getting safer. There are fewer truck crashes, they say, but towing鈥檚 overhead is only going up.

January 31, 2001