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Amtrak Cuts Deals to Expand Freight
Amtrak announced four new business ventures that will take it deeper into the freight business.
January 21, 1999
Seth Clevenger and Mike Senatore dive into the Transport Topics Top 100 list of the largest logistics companies. They address trade challenges, mergers, sector trends and more.
Bill Would Keep STB Going
Wags are calling legislation proposed last week reauthorizing the Surface Transportation Board the "Linda Morgan job protection bill" because of a provision requiring that the STB chairman be confirmed by the Senate.
January 21, 1999Transponder Services to Hold Talks
Two disputing transponder providers have agreed to work on a deal that would allow truckers to use the in-cab devices in both service zones.
January 21, 1999Deaths Linked to Higher Speed Limits
The old adage that speed kills may have some merit.
January 21, 1999Associates Commercial Corp. Buys Transport Clearings
Associates Commercial Corp., one of the nation’s largest truck equipment finance companies, has purchased Transport Clearings.
January 21, 1999Overnite Hits $1 Billion Mark in '98
TT File PhotoOvernite Transportation Co. said its revenue was above $1 billion in 1998 and its profits were the highest since 1994. The company attributed much of this gain to the fourth period, which it said was its best quarter in the last four years. Annual revenue was $1.03 billion compared with $946 million in 1997.
January 21, 1999Truck Group Plans to Slim Down
The National Private Truck Council will add membership categories and drastically cut the size of its board of directors.
January 21, 1999DaimlerChrysler's Financial Arm
The newly created DaimlerChrysler Financial Services is expected to strengthen DaimlerChrysler AG’s position in the global truck market.
January 21, 1999Calif. Issues First Ergonomics Fines
The California Division of Occupational Safety and Health issued fines of $1,500 for the first violations under its ergonomics standard.
January 21, 1999Va. Residents Back Replacing Bridge
A survey conducted by the Alexandria Chamber of Commerce found that a majority of its residents agree that a new bridge is necessary to keep streets free from excessive truck traffic.
January 21, 1999