Latest News Updates From Daniel P. Bearth

membership

Shippers Protest Rate Hikes

Two shipper groups have asked the Surface Transportation Board to “suspend and investigate” rate increases proposed by four motor carrier rate bureaus.

September 29, 1999
membership

Ploof Truck Lines Up for Sale

The owner of Ploof Truck Lines, a flatbed truckload carrier based in Jacksonville, Fla., is seeking to sell the company after filing for bankruptcy protection on Sept. 10.

September 29, 1999
membership

GeoLogistics Will Close Domestic Forwarding Unit

GeoLogistics Americas said it will phase out its unprofitable domestic freight-forwarding operations as of Oct. 15 and concentrate on international freight forwarding and logistics.

September 29, 1999
membership

Trading of Dynamex Held As Earnings Are Restated

The American Stock Exchange suspended trading of Dynamex Inc. stock after the Dallas-based courier announced Sept. 17 that it will restate earnings for fiscal years 1997, 1998 and the first three quarters of fiscal years 1998 and 1999 because of accounting irregularities.

September 29, 1999

Shippers Protest Rate Hikes

Two shipper groups have asked the Surface Transportation Board to “suspend and investigate” rate increases proposed by four motor carrier rate bureaus.

September 29, 1999

Quick Delivery Sells Air Assets

Forward Air Corp., Greeneville, Tenn., agreed to acquire the air cargo operating assets of Quick Delivery Service of Mobile, Ala.

September 24, 1999

GeoLogistics to Close Forwarding Unit

GeoLogistics Americas said it will phase out its unprofitable domestic freight-forwarding operations as of Oct. 15 and concentrate on international freight forwarding and logistics.

September 24, 1999

Ploof Truck Lines Up for Sale

The owner of Ploof Truck Lines, a flatbed truckload carrier based in Jacksonville, Fla., is seeking to sell the company after filing for bankruptcy protection on Sept. 10.

September 24, 1999

Nasstrac Leaders Stress Cooperation

The official theme of Nasstrac’s fall membership meeting was “Building Bridges to Better Performance.” For many in attendance, however, the unofficial theme was “Let’s Work Together.”

September 23, 1999

ADS Receives Investment From Firm

A Chicago investment firm has purchased an equity stake in Alternative Distribution Systems of ϳԹwood, Ill.

September 23, 1999