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Truck, Rail Panels Could Merge
Trucking lobbyists last week endorsed a proposal by House Transportation Committee Chairman Bud Shuster (R-Pa.) to merge jurisdiction over railroads and trucking into a single subcommittee. The unexpected announcement came as House members focused on the vote to impeach President Clinton.
December 28, 1998Seth Clevenger and Mike Senatore dive into the Transport Topics Top 100 list of the largest logistics companies. They address trade challenges, mergers, sector trends and more.
Temporary Relief for Rail Shippers
The Surface Transportation Board issued new rules to make it easier for captive rail shippers to obtain temporary alternative rail service to alleviate service “inadequacies,” but it refused requests from shippers in the Houston-Gulf Coast area for permanent access to other carriers to guard against future service problems.
December 28, 1998Nafta Anniversary Sparks Appeal
American Trucking Associations commemorated the third anniversary of the suspension of a key North American Free Trade Agreement trucking provision by urging President Clinton to completely open four southwestern states to Mexican trucks.
December 28, 1998FedEx Parent’s Stock Rises
Powered by an expanding domestic economy and lower fuel prices, FDX Corp., the parent of Federal Express Corp. and RPS Inc., posted better-than-expected profits in its second fiscal quarter.
December 28, 1998TNT Post Group Buys Jet Services
Holland’s TNT Post Group paid $360 million to acquire the French express delivery company Jet Services, giving the Dutch giant a greater presence in France.
December 28, 1998Axle Deal With Meritor Alter's Volvo's Approach
In a move that represents a significant loosening of its vertically integrated structure, Volvo Truck Corp. has decided to outsource its heavy-duty rear axles to U.S.-based Meritor Inc.
December 28, 1998Oil Market Unruffled
Fears apparently were unwarranted that U.S.-led air strikes against Iraq would raise world crude oil costs and disrupt the record low diesel prices trucking has been enjoying.
December 28, 1998Editorial: Mea Culpa
Our government is broken and, honesty forces me to admit, I have done precious little to help fix it, beyond voting for the right people on occasion.
December 28, 1998Opinion: Time for a Motor Carrier Administration
Throughout 1997 and the first half of 1998, motor carrier safety enforcement and industry alike faced a critical period in the reauthorization of the Motor Carrier Safety Assistance Program in the highway bill. It was a remarkable time.
December 28, 1998Truck Stops Join the Battle for Driver Retention
Folks used to say if you wanted to find a good place to eat on the road, you looked for a place with trucks parked in front of it.
December 28, 1998