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Preston Property Sold for $68 Million

There was no public auction today for the real estate of bankrupt Preston Trucking in Baltimore, since a $68.4 million bid for all parcels by RLR Investments LLC beat out all other offers.

December 17, 1999

A.M. Executive Briefing - Dec. 17

In the news this morning: DaimlerChrysler reportedly begins talks to buy Nissan Diesel; La. dock board launches major renovation project; and Vt. panel approves lifting of some truck limits.

December 17, 1999

Lower-Sulfur Diesel Proposed for Dallas

The Texas Natural Resource Conservation Commission proposed an air quality plan that would require the use of lower-emission California diesel in the Dallas-Fort Worth area.

December 17, 1999

'The Trucker' Sold to Conglomerate

The Trucker, a biweekly, national newspaper covering the truckload freight sector, was sold to Landmark Communications of Norfolk, Va, for an undisclosed sum.

December 17, 1999

Toll Glitch Overcharges Truckers

A computer glitch in a program allowing truckers to pay California bridge tolls by credit card resulted in 30,000 customers being overcharged.

December 16, 1999

ATA Director Takes Job at LTL Group

William C. Rogers, director of human factors research for American Trucking Associations, will join the Motor Freight Carriers Association as vice president of safety, training and technology.

December 16, 1999

Conference to Form Intermodal Agenda

The Transportation Research Board will hold a national conference in February focusing on global intermodal freight movement into the next century.

December 16, 1999

A.M. Executive Briefing - Dec. 16

In the news this morning: Driver safety training pays off for Schneider National; Quebec driver named 1999 Canadian Truck Hero; and Boston officials unveil "smart" highway technology.

December 16, 1999

P.M. Executive Briefing - Dec. 16

This afternoon's headlines: UPS names Pulito to post overseeing international deals; Canadian report reveals long hours, low pay for truckers; and Fuel takes a bite out of FedEx's profits.

December 16, 1999

Deutsche Post to Buy Logistics Unit

Soon after launching a $1.14 billion bid to acquire U.S.-based freight forwarder Air Express, Deutsche Post AG said its Danzas unit will buy Royal Philips Electronics' Austrian logistics unit, Vindo Logistik.

December 16, 1999