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Covenant Transport Adds Assets of N.C. Carrier
Covenant Transport, Chattanooga, Tenn., purchased the assets of ATW Inc., a long-haul truckload carrier based in Greensboro, N.C., in a move that furthers Covenant’s expansion efforts and is expected to improve its earnings.
October 13, 1999TT's Seth Clevenger, Michael Freeze and Keiron Greenhalgh break down what ACT Expo revealed about trucking's road to sustainability.
Diesel Price Resumes Climb
After a one-week respite, the price of diesel fuel resumed its rise last week, reaching $1.234 a gallon, prompting investment analysts to lower their earnings estimates for freight carriers.
October 13, 1999Editorial: Pulling the Safety Trigger
The legislative trigger attached to the Department of Transportation’s spending bill for the new fiscal year is about to be pulled, and the target is the Office of Motor Carrier and Highway Safety.
October 13, 1999AF's Third-Quarter Earnings Soar
American Freightways Corp. says its third-quarter earnings rose 75.6% over last year because of growth in two new markets.
October 13, 1999Opinion: ‘Roadability’ Is an Economic Issue
I write these comments in an attempt to put some reason back into the issue of safety as it relates to intermodal equipment roadability. You cannot correct an economic issue by simply writing new rules and claiming to assign responsibility, and thus liability.
October 13, 1999TMC Heads to Tampa
Though the Maintenance Council's fall meeting theme is "Fleet Maintenance Fundamentals,” the organization’s role within American Trucking Associations will also be a hot topic.
October 13, 1999Booming Trade, Changing Conditions Challenge Ports
The good news for maritime ports is that business is booming; the bad news is that business is booming, which leaves many officials somewhat overwhelmed by the challenges before them.
October 13, 1999United Shipping Finishes Deal For Courier Business
United Shipping & Technology, a manufacturer of shipping kiosks that recently set up a courier division, has completed the purchase of Corporate Express Delivery Systems for $60 million, plus the assumption of debt.
October 13, 1999Yellow Hires Ad Agency To Develop Campaign
Yellow Freight System selected Campbell-Ewald Advertising as its advertising and marketing communications partner.
October 13, 1999Teamsters Budget Back in Black
The International Brotherhood of Teamsters reported a balanced budget in 1998 for the first time in four years, according to audited financial statements released by the union.
October 13, 1999