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UPS to Buy Fritz Cos. for $450M
Global parcel giant United Parcel Service is buying freight forwarder Fritz Cos. for $450 million in stock, the companies announced Wednesday morning.
January 10, 2001
Matt Silver, CEO of Cargado, discusses how AI, data and smarter platforms are reshaping cross-border shipping.
Eating Habits Shorten Driver Lives
New statistics from a Toronto researcher reveal that the life expectancy for male truck drivers is 15 years less than for the rest of the male population of the United States, and a poor diet is to blame.
January 10, 2001A.M. Executive Briefing - Jan. 10
In the news this morning: Cummins laying off 140 at Ind. plant; UPS said to eye Manila hub; Crude prices up slightly on gasoline stockpile ideas; and more.
January 10, 2001FedEx Unveils $7B Deal With USPS
FedEx Corp. on Wednesday announced that its FedEx Express subsidiary and the U.S. Postal Service have approved two service contracts - one for domestic air transportation of postal express shipments, the other for placement of FedEx drop boxes at U.S. post offices.
January 10, 2001Airborne Warns of 4Q Loss, Plans Rate Hike
Airborne Inc. – the parent of Airborne Express – said Wednesday that it expects to report a loss ranging from 23 cents to 33 cents a share in the fourth quarter and plans to implement a rate increase.
January 10, 2001Trucking Technology Report - Jan. 10
Today's technology headlines: Outtask to offer wireless portal; Internet technology enhances vehicle-tracking capabilities; small fleet reaps benefits of integrated networking system; and more.
January 10, 2001P.M. Executive Briefing - Jan. 10
This afternoon's headlines: Westport delivers natural gas-powered heavy trucks to private fleet; NTE reports solid growth during 2000; Volvo, Mitsubishi and Renault to jointly build midsize trucks; and more.
January 10, 2001Bush Taps Democrat Mineta As Transportation Secretary
President-elect George W. Bush named Norman Y. Mineta, a former chairman of the House Public Works and Transportation Committee, to head the Department of Transportation.
January 10, 2001Consolidated Rejoins ATA; All Top 10 Carriers Aboard
Consolidated Freightways Corp., the largest trucking company that wasn’t a member of American Trucking Associations, rejoined the national trade organization last week.
January 10, 2001Flatbed Hauler Intrenet Inc. Closes Trucking Operations
Intrenet Inc. — one of the nation’s largest flatbed operators and No. 52 on the Transport Topics 100 list — is closing up shop and shutting down its four trucking carriers..
January 10, 2001