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North American to Buy Allied From NFC for $450 Million
In a deal that brings together the second- and third-largest movers in the United States, the owner of North American Van Lines agreed to acquire Allied Van Lines and other moving services from London-based NFC Plc. for $450 million in cash and stock.
September 22, 1999TT's Seth Clevenger, Michael Freeze and Keiron Greenhalgh break down what ACT Expo revealed about trucking's road to sustainability.
Conflicting Testimony Marks Amtrak Hearing
The National Transportation Safety Board last week waded through conflicting testimony about crossing signals and the actions of truck driver John Stokes, who was at the wheel of the steel-laden tractor-trailer struck by an Amtrak passenger train March 15 in Bourbonnais, Ill.
September 22, 1999Nasstrac Criticizes LTL Rate Hikes
Rate increases posted by less-than-truckload carriers in recent weeks are drawing flak from an organization representing LTL and package shippers.
September 22, 1999Horse Drivers of the Open Road
In the show jumping arena, horsepower is the force produced by 1,300-pound thoroughbreds leaping over obstacles the size of pickup trucks at the command of the rider. For Paul Petersen, it’s what’s harnessed under the hood of the Peterbilt 377 he relies on to transport horses on the show circuit.
September 22, 1999Evacuation, Safety Measures for Floyd Force Shutdowns on Eastern Seaboard
Freight movement in the southeastern United States ground to a halt last week as a massive hurricane bobbed and weaved up the Eastern Seaboard, threatening to hammer towns from South Florida to North Carolina.
September 22, 1999Conference Theme: ‘Building’ ATA
Reflecting the American Trucking Associations’ ongoing restructuring, the theme of this year's annual Management Conference & Exhibition will be “ATA: Look What We’re Building.”
September 22, 1999Overnite Withdraws IPO; Strike Threat Continues
Overnite Transportation Corp. withdrew its registration for an initial public offering Sept. 14, citing “current market conditions” as the reason.
September 22, 1999Study: 14-Hour Days, With Rest, Do Not Fatigue Drivers
Truck drivers working a 14-hour day with a lunch break do not get significantly more tired than colleagues who work fewer hours, according to a scientist with the ATA Foundation.
September 22, 1999Roadway Express Earns Excellence Award For Efforts to Reduce Pollution
Instead of dumping damaged containers of paint, wood stain and related products, and thus having the otherwise useful goods end up as hazardous waste in a landfill, employees of Roadway Express donated the items to charity.
September 22, 1999United Shipping Buys Courier
A Minnesota-based company that manufacturers package shipping kiosks and recently started its own courier business has agreed to buy Corporate Express Delivery Systems.
September 22, 1999