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GeoLogistics Americas said it will phase out its unprofitable domestic freight-forwarding operations as of Oct. 15 and concentrate on international freight forwarding and logistics.

The American Stock Exchange suspended trading of Dynamex Inc. stock after the Dallas-based courier announced Sept. 17 that it will restate earnings for fiscal years 1997, 1998 and the first three quarters of fiscal years 1998 and 1999 because of accounting irregularities.

Rep. Frank Wolf (R-Va.) last week continued his efforts to move federal oversight of truck safety out of the Federal Highway Administration.

The National Transportation Safety Board has concluded that a fuel truck driver’s failure to follow proper safety procedures was the primary cause of a gasoline fire that killed five people and injured one in August 1998 at a convenience store on U.S. Route 90 in Biloxi, Miss.

Anticipating a plummeting market rate for electronic data interchange, Tom McLeod Software is slashing by 50% the transaction fee for customers who use Kleinschmidt Inc.’s value-added network.

The Teamsters union said it remains on "high alert" for an imminent strike against Overnite Transportation. But so far, the promised picketing of the carrier has not materialized.

Perception can be a powerful selector. In today’s business, where express service and guaranteed overnight delivery mean premium prices and big profits, some less-than-truckload carriers might be losing freight and business simply because of their name.

Two shipper groups have asked the Surface Transportation Board to “suspend and investigate” rate increases proposed by four motor carrier rate bureaus.

For many smaller trucking companies, getting on the information highway is a slow process, but experts say these firms will need to develop a Web presence soon if they hope to survive.

The public overwhelmingly favors an overhaul of federal motor vehicle safety standards and mandatory "black boxes" in trucks, according to a Louis Harris poll released Monday.