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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

Fuel Prices Near Surcharge Level

TT File PhotoDiesel prices continued to rise last week, making a leap of about 3 cents a gallon, and are closing in on thresholds that may trigger fuel surcharges in freight contracts. Though most companies have shied away from invoking the fee, that may not be the case for long.

April 11, 1999

Truckers Again Jam Major British Cities in Protest Against Taxes

Hundreds of trucks jammed London's Park Lane and centers of seven other major cities Monday in a traffic-snarling protest against higher taxes on diesel fuel and heavy vehicle licenses.

April 11, 1999

Nasstrac Backs the Drive to Raise Limits on Truck Size and Weight

The National Small Shipments Traffic Conference is stepping into the truck size and weight fray and trying to build a cooperative, rather than antagonistic, relationship with trucking.

April 11, 1999

Drivers Have High Profile at NTSB

For the Chinese, 1999 is the year of the rabbit. For the National Transportation Safety Board, this is the year of heavy vehicle safety.

April 11, 1999

Freightliner Workers to Get Bonuses

Non-union employees of Freightliner Corp. will each receive a $1,000 bonus as well as a raise, the company announced April 1.

April 11, 1999