Latest News Updates From Daniel P. Bearth
Preston Trucking Ceases Operations
Preston Trucking Co. said it has ceased operations effective July 26. The less-than-truckload carrier will make no further pickups, but says will deliver all freight currently in the system.
July 26, 1999Central Freight to Buy LTL Carrier
Central Freight Lines agreed to purchase the assets of Vecta Transportation Systems, a California-based less-than-truckload carrier.
July 23, 1999Rush to Buy Two Peterbilt Dealers
Rush Enterprises will extend its heavy-duty truck sales network in the West with the planned purchase of assets from Southwest Peterbilt and Norm Pressley’s Truck Center.
July 23, 1999UPS to Sell Shares to Public
United Parcel Service, the world’s largest package delivery company, will offer stock to the public for the first time. The firm plans to sell 10% of its common stock by the end of the year.
July 21, 1999Leading Reefer Carrier Boosts Driver Pay 30%
C.R. England Inc. will boost its driver pay scale as much as 30% effective Aug. 1, a move the carrier said is part of an effort to retain drivers who are “committed to customers’ needs.â€
July 21, 1999Iowa Tanklines Purchases Wheeler Transport Service
Iowa Tanklines expanded its fuel hauling business and added a new service to its transportation portfolio with the purchase of assets from Wheeler Transport Service of Omaha, Neb.
July 21, 1999No Quick Fix for Splash and Spray
Aerodynamic improvements have reduced splash and spray from trucks, but the American Trucking Associations says no current or future technology is likely to eliminate the problem.
July 21, 1999Landair's Brown Resigns as President
Eddie Brown, president of Landair Corp., resigned July 19 after the Tennessee-based truckload carrier announced that it would incur a substantial loss in the second quarter.
July 20, 1999Trism Agrees to Restructure Debt
Trism Inc., Kennesaw, Ga., reached an agreement in principle with its bondholders to restructure its long-term subordinated debt.
July 20, 1999Simon Lays Off 140 Workers
Simon Transportation Services, Salt Lake City, laid off 140 workers July 16 to reduce its nondriver workforce by about 25%.
July 19, 1999Follow Us
Trending
Newsletter Signup
Subscribe to Transport Topics