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Ryder System Sells Bus Unit To British Firm for $940 Million
Ryder System agreed to sell its public transportation service unit to FirstGroup PLC, the United Kingdoms largest bus operator, for $940 million in cash.
July 28, 1999Matt Silver, CEO of Cargado, discusses how AI, data and smarter platforms are reshaping cross-border shipping.
Editorial: Savor the Good Times
The moneys simply overflowing a lot of trucking suppliers coffers these days. Major players like Detroit Diesel, Cummins Engines, Eaton, Dana and Meritor are basking in record second-quarter sales and in many cases record profits as well. But what does this tell us in trucking?
July 28, 1999Opinion: Don't Forget Freight
Although the current freight system has performed very well over the years, enabling our countrys businesses to import and export their goods relatively inexpensively, the honeymoon could be over if we dont begin to seriously plan for the future.
July 28, 1999Turning the Spotlight on Intelligent Transportation Standards
The Department of Transportation is under a congressional mandate to come up with a list of protocols for building such a network by 2001. These 17 standards are considered essential in ensuring that the computer-based systems and the equipment that uses them are interoperable that can be interconnected no matter where they are or who runs them.
July 28, 1999Trailer Numbers Head Toward 'Normal'
Shipments of trailers and chassis continued to slide through May, dropping 14.4% below their levels for the same five months during the record-breaking year of 1998.
July 28, 1999CSX Changes Top Rail Executives
Ronald J. Conway has been named president of CSX Transportation in the first of a series of executive changes at both the corporate and subsidiary levels of CSX.
July 28, 1999N.J. Bans Interstate Trucks From Secondary Roads
An untold number of interstate truckers is about to lose their shortcuts through New Jersey after Gov. Christie Whitman last week banned tractor-trailers from two-lane, undivided highways.
July 21, 1999LTLs Impose Fuel Surcharges as Diesel Prices Climb
For the first time since January 1998, some of the biggest U.S. trucking companies are hitting shippers with rate surcharges, triggered by rising fuel prices.
July 21, 1999Trucking Interests Lag In U.S. Tax Cut Jockeying
Its tax-cutting season on Capitol Hill, and so far, trucking interests are getting the short end of the stick as Congress debates how much of a break citizens and companies should receive.
July 21, 1999Traditional Lines Fall as Brokers Go Into Business Hauling Freight
More core intermediary companies like brokerages are adding trucks to their lineups a sign that the traditional lines between brokerage and trucking are blurring.
July 21, 1999