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UPS Sets Price Range for IPO
United Parcel Service could raise as much as $4.6 billion in its initial public offering set for next month, according to a document the company filed Wednesday with federal regulators.
October 21, 1999FedEx Shakes Up Senior Management
Federal Express Corp. announced a shakeup of its senior management team, nine days after the company's chief executive officer announced plans to retire.
October 21, 1999P.M. Executive Briefing - Oct. 21
This afternoon's headlines: New interest in Nissan Diesel; GM dumps unionized car-haulers; and India's two million truckers launch indefinite strike over fuel prices.
October 21, 1999ATA to Host Military Freight Meeting
American Trucking Associations will conduct a meeting next week with military transportation officials to discuss changes in motor carrier freight rules and installation operating hours.
October 21, 1999Procter & Gamble Reworks Shipping
When Procter & Gamble Co. and Wal-Mart Stores decided to work together to reduce distribution costs, many truckers naturally wondered what would be in store for them.
October 21, 1999Teamsters Undecided on Gore
When the AFL-CIO voted Oct. 13 to endorse Vice President Al Gore for president, two major players in the labor federation refused to sign on: the United Auto Workers and the Teamsters.
October 21, 1999A.M. Executive Briefing - Oct. 21
In the news this morning: Transport Canada to cut truckers' on-duty time; Springs Industries' fleet named safest in S.C.; and Emons Transportation Group to build bulk transfer terminal.
October 21, 1999No Sign of Slowing in Class 8 Market
After nearly two years of setting records, sales of big trucks have shown no signs of slowing. September Class 8 sales were up 22% from the year before with Freightliner leading the way.
October 20, 1999CLM’s Annual Gathering Will Have Global Flavor
More than 5,000 logistics professionals will gather in Toronto Oct. 17 to 20 for the 1999 meeting of the Council of Logistics Management to focus on strengthening the international logistics network.
October 20, 1999Silver Spark Plugs Honor Excellence in Maintenance
Ken Johnson, chairman of The Maintenance Council, cited the work ethic of three council members — two engine company workers and an employee of a trucking firm — as he bestowed upon them the organization’s highest honor.
October 20, 1999