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P.M. Executive Briefing - Sept. 30
This afternoon's headlines: Cummins CEO Henderson to retire, and Solso is successor; USA Truck to acquire CCC Express; and U.S. Xpress sees lower Q3 earnings, revenues.
September 30, 1999A.M. Executive Briefing - Sept. 30
In the news this morning: Ceridian to let competitors use card system; Penn. State Police plan crackdown on I-78; and Roadway Express profits jump 123% in third quarter.
September 30, 1999Fuel Costs Hurt Truck Profits
Truckers are watching their profits erode as diesel prices continue to climb, with FDX Corp. and J.B. Hunt Transport Services telling investors that high fuel costs have cut into their earnings.
September 29, 1999Floyd's Legacy Lingers
A week after Hurricane Floyd marched up the East Coast’s I-95 corridor, some towns and highways in North Carolina remained under water, disrupting freight service.
September 29, 1999Hunt to Divide Intermodal, Van Units
Nearly 10 years after signing its first contract to move truckload shipments by rail, J.B. Hunt Transport Services has decided to separate its intermodal operations from its truckload van business.
September 29, 1999Freightliner Embraces 'Black Box'
Freightliner Corp. believes on-board recorders will become required safety equipment in the near future, and is placing “black boxes” as standard equipment on its newest products.
September 29, 1999Information Technology Passes Small Fleets By
Many small trucking companies are in a bind when it comes to information technology: They like it, and they think it can help them do their jobs, but it’s often out of their price range.
September 29, 1999No 'Silver Bullet' for Truck Safety
The members of the Commercial Vehicle Safety Alliance all agree that motor carrier safety is their top priority, but they disagree on the best approach to reduce accidents and fatalities.
September 29, 1999Former OMC Directors Differ Over Future of U.S. Safety Office
The first two men to run the Federal Highway Administration’s Office of Motor Carriers, who are now pursuing other careers, have differing views of what changes should be made in the way the Washington regulates truck and bus safety.
September 29, 1999Shippers Protest Rate Hikes
Two shipper groups have asked the Surface Transportation Board to “suspend and investigate” rate increases proposed by four motor carrier rate bureaus.
September 29, 1999