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Senate Bill Includes Meals, Estate Tax Gains for Trucking
The Senate debated a Republican-sponsored $792 billion tax cut bill last week that would speed up restoration of the 80% tax deduction for meals eaten by truckers on the road and reduce the estate tax.
August 4, 1999Matt Silver, CEO of Cargado, discusses how AI, data and smarter platforms are reshaping cross-border shipping.
Trucking Is Tough; So Are These Computers
Truckers need computers, but they can be downright brutal with them. Just like the military, trucking companies are looking for units that can withstand the hostile environment of their industry.
August 4, 1999Reorganization of ATA is Main Topic for State Association Executives
The leaders of state trucking associations are meeting this week to discuss several industry-related topics, including their comfort level with the restructuring of American Trucking Associations.
August 4, 1999Cost of Conrail Breakup Reflected in New Owners' Balance Sheets
Norfolk Southern and CSX Transportation ended their second month as owners of a split-up Conrail with reports of weaker earnings. Many shippers say despite some service improvements normal operations have not yet been achieved.
August 4, 1999Freight: Amtrak's Profit Center
A budding express freight delivery service that competes with truckload carriers holds promise of becoming a profit center for Amtrak and helping to supplement the cost of running its passenger rail services, according to a federal report.
August 4, 1999Teamsters to Clean House
The Teamsters union is stepping up the campaign to liberate itself from federal oversight imposed in a 1989 consent decree.
August 4, 1999Black Boxes Lead DOT Safety Bill
The Department of Transportation is preparing to unveil a sweeping surface transportation safety bill that would require carriers to install and use on-board recorders or global position satellite devices to monitor driver compliance with hours of service.
August 4, 1999Guard Changes In North Carolina
Eb Peters is stepping down as president of the North Carolina Trucking Association after nearly 19 years of representing the states motor carriers.
August 4, 1999Whether to 'Lock in' Diesel Prices
Analysts were divided on whether fleet managers should lock in at current prices as the national average cost of diesel fuel rose to $1.137 a gallon last week.
August 4, 1999British Group to Buy Out Logistics Provider Mark VII
Mark VII Inc., an intermodal transportation and logistics company based in Memphis, Tenn., has agreed to a buyout by MSAS Global Logistics, a unit of Ocean Group PLC, for $23 a share in cash. ased on 9.4 million shares outstanding, the offer is worth $217.3 million.
August 4, 1999