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Hebe: Trucking Faces ‘Upheaval’ From Used Truck Glut
PORTLAND, Ore. — Freightliner President James L. Hebe warned that trucking faces a major upheaval if the glut of unsold, late-model used vehicles is not addressed — and quickly.
January 27, 2001Matt Silver, CEO of Cargado, discusses how AI, data and smarter platforms are reshaping cross-border shipping.
Advantage to Buy Kenan Transport
Kenan Transport Co. and Advantage Management Group announced Friday that they have entered into an agreement under which Advantage will acquire Kenan, a tank trucker specializing in hauling petroleum products, in a deal worth $84 million.
January 26, 2001Executive Briefing - Jan. 26
In the news: Cummins 4Q loss exceeds expectations; Yellow reports gains for 4Q; Consolidated reports narrower 4Q loss from '99; and more...
January 26, 2001Trucking Technology Report - Jan 26
Adding Pictures is Next Challenge for Cell Phones; Complexity Deepens Among Rail Dot-coms; Ericsson to Outsource Cell Phone Production; FedEx Deploys Simple Text Messaging in Europe; Possible Bandwidth Shortage Lurks as Applications Sprea.
January 26, 2001Trucking Technology Report - Jan 25
Logistics software provider ShipChem nets leading chemical exchanges; SynQuest partners with G-Log; Senators review high-speed Internet tax credit bill; and NextNet testing wireless broadband for the desktop.
January 25, 2001DOT Sets Meeting on Drug, Alcohol Test Rules
The Department of Transportation has set meetings on Feb. 21 and 22 on changes in drug and alcohol testing rules that affect truck drivers.
January 25, 2001Former Teamsters Chief Indicted
Former Teamsters President Ron Carey was indicted Thursday, charged with lying during investigations into fund-raising activities for his 1996 union re-election bid, news agencies reported.
January 25, 2001Executive Briefing - Jan. 25
In the news: Xtra reports lower 1Q; USFreightways’ 4Q earnings slide; Covenant reports weaker 4Q, cautions about 2001; and more.
January 25, 2001U.S. Economy Now Stalled, Greenspan Says
Federal Reserve Chairman Alan Greenspan said U.S. economic growth is near zero, something many trucking companies have already been seeing in freight shipments.
January 25, 2001Chao Declines to Commit to Ergo Rules
Labor Secretary-nominee Elaine Chao, in her confirmation hearing Wednesday before a Senate committee, reportedly declined to commit herself to the broad-ranging and controversial workplace safety or ergonomics standards issued by the outgoing Clinton administration.
January 24, 2001