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Simon Turns Down Moyes' Stock Offer
Simon Transportation Services’ board of directors has rejected a proposal from Jerry Moyes, chairman of Swift Transportation, to acquire controlling interest in the company.
December 8, 1999Teamsters Eyeing Port Truckers
The Teamsters union, after decades of on-and-off campaigns to organize owner-operators in the nation’s seaports, is preparing for another shot at the brass ring.
December 8, 1999La. DOT Blames NAFTA For Bad Roads
Louisiana transportation officials blame heavy cross-border truck traffic for the state’s No. 2 ranking for having the country’s worst roads in an owner-operator magazine.
December 8, 1999A.M. Executive Briefing - Dec. 8
In the news this morning: Gov. White announces changes in Illinois' CDL procedures; Volvo Trucks to lay off 400 at Va. plant; and Miss. CDL tester pleads guilty to selling exam sheet.
December 8, 1999LTL Group Gets New Negotiator
When unionized less-than-truckload carriers negotiate their next contract with the Teamsters union, they will be represented by a new lead negotiator, Mark W. Rodgers.
December 8, 1999Hours Proposal Sent to White House
With little fanfare, the Department of Transportation sent its hours-of-service reform proposal to the White House, where it awaits review by the Office of Management and Budget.
December 8, 1999P.M. Executive Briefing - Dec. 8
This afternoon's headlines: FDX Corp. makes investment in Trade Compass; GE Capital Fleet Services appoints new VP for e-commerce; and A warning for truckers entering Oregon after hours.
December 8, 1999Truck Insurance Rates to Rise
Trucking companies are bracing themselves for potentially large increases in insurance costs next year, with premiums for general liability and cargo insurance could go up 10% to 20%
December 7, 1999Landstar Works to Undo Rating
A spokeswoman for Landstar System said the company is working “feverishly” to resolve problems that led to a proposed unsatisfactory safety fitness rating for its subsidiary, Landstar Ligon.
December 7, 1999P.M. Executive Briefing - Dec. 7
This afternoon's headlines: Navistar aligns business units under International brand; FedEx picks iXL to deliver new software; and Con-Way Central signs contract with Textron Automotive.
December 7, 1999