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TL Execs Support Safety High Road
Almost half of truckload carrier executives surveyed by Transport Topics during the TCA's annual meeting in Las Vegas think federal and state truck safety laws need significant improvement.
April 13, 1999TT's Seth Clevenger, Michael Freeze and Keiron Greenhalgh break down what ACT Expo revealed about trucking's road to sustainability.Â
Lift Group Lauds Training Rules
TT File PhotoWhen the Industrial Truck Association meets this week in Washington, D.C., its members will be basking in a victory. The trade group, which represents makers of lift trucks and components, spent the last 10 years trying to get more stringent training standards for forklift operators.
April 13, 1999USF Red Star Acquires CBL Trucking
USF Red Star Express, a regional less-than-truckload carrier based in Newark, N.J., has acquired assets of CBL Trucking of Delanco, N.J.
April 13, 1999Roadway Posts Higher Profits
Roadway Express, Akron, Ohio, said profits rose 20% in the first quarter of 1999 although revenue and tonnage were both down compared to the same period a year ago.
April 13, 1999Supermarket Merger May Cost Jobs
About 500 Fry's Food Stores truck drivers and warehouse workers will lose their jobs if parent Kroger Co. and Fred Meyer Inc. merge.
April 13, 1999Gordon Buys Post Freight Assets
Gordon Trucking Inc. of Pacific, Wash., purchased the general freight assets of Post Trucking in nearby Sumner.
April 13, 1999Apollo Buys Stacktrain Business
Apollo Management, a New York investment firm that recently purchased a stake in Pacer International, an intermodal service provider based in Lafayette, Calif., has agreed to pay more than $300 million for the North American stacktrain business of Neptune Orient Lines.
April 13, 1999GeoLogistics Realigns Freight Forwarding
GeoLogistics Corp. of Denver will restructure its GeoLogistics Americas freight forwarding business into domestic and international operating units, and realign its service offerings in the wake of operating losses in 1998.
April 13, 1999Trimac Expands Logistics Unit With Purchase
Trimac Corp. of Calgary, Alberta, has acquired a transportation consulting firm in Florida and will merge it with its current logistics unit.
April 13, 1999Forward Air to Sell 3 Million Shares
Forward Air Corp., Greeneville, Tenn., announced plans to offer 3 million shares of common stock to the public.
April 13, 1999