Transportation News
Transport Topics business coverage focuses on the financial, economic, and commercial aspects of the modern freight business. Looking at both the microeconomic and macroeconomic forces shaping bottom lines, the news in this category includes labor news, jobs reports, tonnage and sales indicators, operations analysis, money and banking, mergers, acquisitions, e-commerce, bankruptcy, insurance issues, and more.
Knight Buys Action Delivery and Affiliate
Knight Transportation bought Action Delivery Service of Corsicana, Texas, and its affiliated company, Action Warehouse Services.
March 23, 1999Skynet Purchases Nevada Courier
Skynet Holdings of Los Angeles agreed to buy Nevada Fleet Management, a Las Vegas-based courier that provides air and ground delivery services to Nevada, Washington and Oregon under the name Fleet Delivery Service.
March 23, 1999Crash Puts Focus On Rail Crossings
The Amtrak accident at Bourbonnais, Ill., that killed at least 11 people and injured scores of others last week has refocused the attention of both the trucking and railroad industries on one of their most difficult common safety problems: grade crossings.
March 22, 1999States Take Aim at Speeding Trucks
A minority of reckless truck drivers is giving the rest of the industry a bad name. To fight back, the groups are lending support to legislation to crack down on unsafe truckers.
March 22, 1999British Business Unites Against Tax
British industry has united in opposition to the government's 11% hike in diesel fuel taxes, which it claims will cost tens of thousands of jobs.
March 22, 1999Arkansas Highway Bill Hits Bump
A Senate plan to tax truckers more than the motoring public for highway improvements failed to gain the required three-fourths majority Friday in the House.
March 22, 1999Volvo to Purchase Stake in Petro
Volvo Trucks North America has agreed to buy a stake in Petro Stopping Centers. Details of the alliance between the truck manufacturer and the travel plaza chain were not announced.
March 22, 1999Deutsche Post Adds Acquisition
Deutsche Post and its Swiss logistics subsidiary, Danzas, announced a plan to pay about $584.6 million to take over Royal Nedlloyd’s European Transport and Distribution division.
March 22, 1999Transit Group Acquires KAT Inc.
Transit Group has acquired KAT Inc. of Chesterton, Ind., for $725,000 in cash and 812,000 shares of Transit Group common stock.
March 22, 1999Bo Wevil Express Strengthens Its Position With Acquisition
Bo Wevil Express has acquired the dry van division of A.J. Metler Hauling & Rigging of Morristown, Tenn.
March 22, 1999Trending
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