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States 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, 1999

Arkansas 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, 1999

Volvo 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, 1999

Deutsche 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, 1999

Transit 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, 1999

Bo 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, 1999

Arkansas Best to Sell Export Unit

Arkansas Best Corp., the parent of ABF Freight System, will sell Clipper International, the international freight forwarding division of its Clipper Group.

March 22, 1999

States Face New Terms for Funds

The federal program that provides a majority of the funding for roadside truck and driver inspections may be getting a tune up to hold states more accountable for results.

March 22, 1999

FedEx Scores Hockey Deal

Federal Express Corp. of Memphis, Tenn., has entered a multiyear sponsorship agreement with the National Hockey League, the National Hockey Players’ Assocation and USA Hockey.

March 22, 1999