Transportation News

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International Profits, FedEx Woes Help UPS to Strong '98 Showing

Buoyed by the first-ever profit on its international operations, United Parcel Service turned in a stellar performance in 1998.

March 3, 1999
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Editorial: On the Road to Safer Highways

The first big step toward making the nation’s highways safer is getting the principal parties at the same forum, talking about the problems caused by the rapidly and continually growing volumes of traffic moving over a much more slowly growing network of roads. After that comes the search for solutions.

March 3, 1999
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Opinion: Why We Need Tolls

Some critics of toll financing have predicted grave consequences if state and local governments rely on tolls to any greater degree to provide road capacity — the critical highways that commercial trucking companies and passenger car drivers need to remain mobile.

March 3, 1999
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Small Fleet Operators Find Different Roads to Survive

Most small fleet owners face an agonizing decision: go it alone or sell out. Some are forced to consider a third option: get out of the business.

March 3, 1999
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Danzas Gives Stamp of Approval to $1.1 Billion Takeover

Danzas shareholders approved the $1.1 billion sale of their company to the German post office, Deutsche Post, creating one of the world’s largest freight transportation groups.

March 3, 1999
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Volvo Breaks Off Talks With Rival Scania

PARIS — Volvo AB has broken off negotiations to acquire its Swedish rival, Scania.

March 3, 1999
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EU Ban of 727 Jetliners Rankles Carriers, Congress

A vote by the European Union to reduce aircraft noise by banning the use of some Boeing 727 aircraft has international air freight carriers and the U.S. Congress up in arms.

March 3, 1999
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Court Rejects Challenge to Safety Rating System

A federal appeals court has upheld the federal motor carrier safety ratings system, rejecting trucking’s claims that the process is “arbitrary and capricious” and based on unsound methodology.

March 3, 1999
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Group Calls for Hearings on Railroad Safety

A new group comprised of municipal officials from across the country has taken aim at railroad safety.

March 3, 1999

URS Expands Auto Hauling Network

United Road Services, Albany, N.Y., has purchased three auto haulers and a towing company, and agreed to buy two other businesses, adding to its expanding network of towing, recovery and transport companies.

March 3, 1999