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Associates Buys Factoring Firm

Associates Commercial Corp., one of the nation’s largest truck equipment finance companies, has purchased Transport Clearings, a leading provider of freight bill factoring services.

January 26, 1999

Diesel Prices Weather Storms

Diesel prices have edged up for two straight weeks but are unlikely to climb much higher in the near future before being pulled back down by oversupply.

January 26, 1999

Technology, Industry Consolidation to Highlight Truck Stop Convention

More than 2,000 truck stop operators and suppliers are set to convene in Phoenix this week to discuss the changing face of their industry.

January 26, 1999

California Steps Up Truck Checks

Attention truckers in Southern California: Be on the lookout for the California Highway Patrol and the California Trucking Association.

January 26, 1999

Amtrak Expands Freight Business

Amtrak announced four new business ventures that will take it deeper into the freight transportation business.

January 26, 1999

Amtrak, Norfolk Southern Discuss Intermodal Shipping in Northwest

Executives of Norfolk Southern Corp. and National Railroad Passenger Corp., which operates Amtrak, say talks are under way to allow Norfolk Southern’s RoadRailer intermodal trains to use Amtrak’s Northeast Corridor between Washington, D.C., and northern New Jersey.

January 26, 1999

Overnite Hits Billion Mark on Strength of Fourth Period

Overnite Transportation Co. said its revenue was above $1 billion in 1998 and its profits were the highest since 1994.

January 26, 1999

Enterprise Buys Assets of Howell Transportation

Enterprise Transportation Co. expanded its petrochemical hauling business by acquiring the trucking assets of Howell Transportation Services in Houston.

January 26, 1999

Editorial: The Federal Trucking Administration

This is a test. What has 86% of the nation’s freight business, annual revenue of about $350 billion, employs almost 9 million people and can’t get the mother of all bureaucracies to give it its own office?

January 26, 1999