Latest News Updates From Daniel P. Bearth
LTD Purchase Reflects Forward Air’s New Plan
Forward Air Corp. has agreed to acquire the air cargo operations of LTD Express of Nashville, Tenn.
October 27, 1999UPS Net Income Increases 28.5%
United Parcel Service said a growing U.S. economy and booming international trade helped to generate a 28.5% increase in profits for the third quarter of 1999.
October 27, 1999Slater Seeks End to Antitrust Immunity
Transportation Secretary Rodney E. Slater is seeking to eliminate antitrust immunity for rail and motor carrier rate agreements, pooling arrangements and mergers.
October 27, 1999Teamsters Picket Overnite Terminals
Overnite Transportationsaid it will continue to operate normally despite the appearance of Teamster picket lines at a number of its terminals across the country.
October 25, 1999Directors to Buy TransFinancial
TransFinancial Holdings, the parent of regional LTL carrier Crouse Cartage Co., will become a privately owned company under terms of a buyout by three of the company’s directors.
October 22, 1999ATA to Host Military Freight Meeting
American Trucking Associations will conduct a meeting next week with military transportation officials to discuss changes in motor carrier freight rules and installation operating hours.
October 21, 1999Procter & Gamble Reworks Shipping
When Procter & Gamble Co. and Wal-Mart Stores decided to work together to reduce distribution costs, many truckers naturally wondered what would be in store for them.
October 21, 1999Port Truckers Threaten to Strike
Owner-operator truck drivers who haul containers at the Northwest ports of Seattle and Tacoma are planning to resume a selective strike against shipping companies on Thursday Oct. 21.
October 20, 1999Procter & Gamble Redefines Shipper-Carrier Relationship
When Procter & Gamble Co., one of the nation’s largest consumer products manufacturers, and Wal-Mart Stores, the world’s biggest retail chain, decided to share sales information and work together to reduce distribution costs, many truckers who hauled goods for the two companies naturally wondered what would be in store for them.
October 20, 1999URS Names New Chief Executive
After a three-month search, United Road Services named Gerald R. Riordan, the former head of Ryder System’s consumer truck rental business, to be its new chief executive officer.
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