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The old adage that speed kills may have some merit.

TT File PhotoOvernite Transportation Co. said its revenue was above $1 billion in 1998 and its profits were the highest since 1994. The company attributed much of this gain to the fourth period, which it said was its best quarter in the last four years. Annual revenue was $1.03 billion compared with $946 million in 1997.

The National Private Truck Council will add membership categories and drastically cut the size of its board of directors.

The newly created DaimlerChrysler Financial Services is expected to strengthen DaimlerChrysler AG’s position in the global truck market.

The California Division of Occupational Safety and Health issued fines of $1,500 for the first violations under its ergonomics standard.

A survey conducted by the Alexandria Chamber of Commerce found that a majority of its residents agree that a new bridge is necessary to keep streets free from excessive truck traffic.

Transit Group announced Wednesday that it had completed the acquisition of Priority Transportation.

Dynamex said Wenesday that it and Quick International Courier had mutually agreed to terminte the agreement by which Dynamex would acquire Quick.

Skyway Freight Systems will establish two new business units: expidited transportation and "fourth party" supply chain services, the company said last week.