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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, 1999

USF 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, 1999

Roadway 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, 1999

Supermarket 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, 1999

Gordon Buys Post Freight Assets

Gordon Trucking Inc. of Pacific, Wash., purchased the general freight assets of Post Trucking in nearby Sumner.

April 13, 1999

Apollo 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, 1999

GeoLogistics 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, 1999

Trimac 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, 1999

Forward 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