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UPS Reports Surge In 1st Quarter Profits
Increased domestic and international freight volume and a shift to higher-priced express delivery services lifted United Parcel Service’s profits by 42% in the first quarter of 1999.
May 4, 1999Editorial: Closer to Trucking Safety Administration?
The long drive toward the creation of a separate, dedicated trucking safety agency in the federal government picked up steam last week when the Department of Transportation’s inspector general announced his support for such an office.
May 4, 1999Opinion: Freeze-Dried Y2K
Nearly 60 years ago, a small radio group led by Orson Welles broadcast “War of the Worlds.” The broadcast was done in a radio news format and spectacularly laid out an invasion of earth by Martians. As a result, nearly 1 million people made a solid push on the panic button. The next morning, everyone awoke to discover the invasion existed only in the imagination of the broadcasters and their listeners.
May 4, 1999Economist Gives TTMA Good News
SAN ANTONIO — Trailer makers can expect the vital economy to keep their businesses strong, but they will have to find creative ways to increase profits, an economist told participants at the annual meeting of the Truck Trailer Manufacturers Association.
May 4, 1999Fleet Outsourcing Fills Hole in Krispy Kreme's Growth
Joe Pennell is not your typical private fleet manager. For one thing, he’s a former U.S. Army pilot who flew a Cobra helicopter gunship in the Persian Gulf War. For another, he doesn’t manage any trucks.
May 4, 1999Hoffa: 'New Era' for Teamsters
TT PhotoWith a crowd of approximately 3,500 cheering him on with a chant of "Hoffa, Hoffa, Hoffa," new Teamsters President James P. Hoffa declared "a new era" for the union at Teamsters’ headquarters in Washington, D.C. "The Teamsters are back," he declared after taking a ceremonial oath of office.
May 3, 1999TCA Gets Robert Hansen Trucking
Transport Corp. of America, Minneapolis, acquired Robert Hansen Trucking of Delavan, Wis., company officials announced May 3.
May 3, 1999IG Backs Calls for Safety Agency
Calls for a separate modal administration to handle truck safety gained momentum with support from Department of Transportation Inspector General Kenneth Mead.
May 3, 1999OSHA Notifies 'Worst' Offenders
The Occupational Safety and Health Administration is telling 12,500 businesses in 18 industries on its “Most Wanted” list to shape up.
May 3, 1999Investor AB Ups Its Stake in Scania
Investor AB, the investment arm of Sweden's Wallenberg family, has increased its stake in Swedish truck- and bus-maker Scania to 49%.
May 3, 1999