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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, 1999TT's Seth Clevenger, Michael Freeze and Keiron Greenhalgh break down what ACT Expo revealed about trucking's road to sustainability.
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, 1999Conference on Spending Faces OMC Funding Issue
Rep. Frank Wolf (R-Va.) last week continued his efforts to move federal oversight of truck safety out of the Federal Highway Administration.
September 29, 1999Driver, Procedural Faults Cited in Gas Station Blast
The National Transportation Safety Board has concluded that a fuel truck driver’s failure to follow proper safety procedures was the primary cause of a gasoline fire that killed five people and injured one in August 1998 at a convenience store on U.S. Route 90 in Biloxi, Miss.
September 29, 1999Still No Strike at Overnite
The Teamsters union said it remains on "high alert" for an imminent strike against Overnite Transportation. But so far, the promised picketing of the carrier has not materialized.
September 29, 1999McLeod Cuts Charges for EDI Service
Anticipating a plummeting market rate for electronic data interchange, Tom McLeod Software is slashing by 50% the transaction fee for customers who use Kleinschmidt Inc.’s value-added network.
September 29, 1999LTL Identity Is Being Eclipsed By Parcel Carriers, Analyst Says
Perception can be a powerful selector. In today’s business, where express service and guaranteed overnight delivery mean premium prices and big profits, some less-than-truckload carriers might be losing freight and business simply because of their name.
September 29, 1999Shippers 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, 1999Experts: Small Carriers Need The Web
For many smaller trucking companies, getting on the information highway is a slow process, but experts say these firms will need to develop a Web presence soon if they hope to survive.
September 29, 1999Freightliner Embraces 'Black Box'
Freightliner Corp.Freightliner Corp. believes on-board recorders will become required safety equipment in the near future, and is placing “black boxes” as standard equipment on its newest products.
September 28, 1999