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La. Governor Signs Roadability Law

Louisiana forbids the owner of a vehicle to offer a chassis or container in intermodal exchange that does not meet federal safety regulations, under a law signed July 16 by Gov. Mike Foster.

July 23, 1999

Central Freight to Buy LTL Carrier

Central Freight Lines agreed to purchase the assets of Vecta Transportation Systems, a California-based less-than-truckload carrier.

July 23, 1999

Rush to Buy Two Peterbilt Dealers

Rush Enterprises will extend its heavy-duty truck sales network in the West with the planned purchase of assets from Southwest Peterbilt and Norm Pressley’s Truck Center.

July 23, 1999

Truckload Firms Turn to Surcharges

Some truckload carriers joined their counterparts in the less-than-truckload sector in imposing rate surcharges after the average cost of diesel took another jump to $1.133 per gallon.

July 23, 1999

P.M. Executive Briefing - July 23

This afternoon's headlines: Ohio Turnpike traffic increases despite trucker protests of higher tolls; New rail service to rival trucking; and E-retailers eye overseas dollars.

July 23, 1999

A.M. Executive Briefing - July 22

In the news this morning: Ryder plans to sell bus unit; amid many sea changes, IKEA seeks consistency from carriers; and last of 'Big Dig' wage cases settled as law is under study.

July 22, 1999

CSX to Sell Sea-Land to Moller-Maersk

CSX Corp. says it will sell Sea-Land Service, Inc.'s international liner business to A.P. Moller-Maersk Line for $800 million. The deal includes 70 ships and several container terminals.

July 22, 1999

Family Indicted in I-95 Hijacking Ring

A federal grand jury in Richmond, Va., charged a mother and two of her three sons with running a violent hijacking ring along the Interstate 95 corridor that preyed on independent truckers.

July 22, 1999

DOD Going Slow on Mover Choices

According to two General Accounting Office studies, the Defense Department isn't likely to choose a new way of shipping the household goods of service members any time soon.

July 22, 1999