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Celadon-Odyssey Merger Terminated

Celadon Group said it is reviewing strategic alternatives after a proposed buyout of the company for $20 a share by a unit of Odyssey Investment Partners was terminated Nov. 30.

December 2, 1998

Truckers Will Pay For Agreement

The European Union's Ministers of Transport Committee has accepted a deal that allows EU registered trucks transit rights through Switzerland, but at a high price.

December 2, 1998

Trucker Awarded $2 Million in Wal-Mart Falling Cargo Accident

A superior court jury in Mecklenburg, Ohio awarded $2 million to a truck driver injured by falling cargo.

December 2, 1998

New Union Pacific Chief Says Railroad Is Rapidly Improving

Three months ago, when Ike Evans took over the top leadership post at the nation's largest railroad, Union Pacific was coming off one of the worst years in its proud history.

December 2, 1998

CSX Sues to Strike Ordinance

CSX Transportation Inc. has asked a federal judge to strike down a new Vincennes ordinance regulating train traffic in the southwestern Indiana city.

December 2, 1998

Exxon, Mobil Merge to Create World's Biggest Oil Company

Exxon Corp. today agreed to a $77.2 billion purchase of Mobil Corp., the richest merger of all time that creates the world's largest oil company.

December 1, 1998

Ensign Formally Requests Recount

U.S. Rep. John Ensign (R-Nev.) formally requested a recount of the closest U.S. Senate race in the nation, in which he lost to incumbent Democrat Harry Reid by 401 votes.

December 1, 1998

Mack Truck Delivers Capitol Tree

This year’s Capitol Christmas tree, a 50-foot Fraser fir, arrived Monday in Washington, D.C., powered by a Mack CH tractor. The 27-year-old tree was cut from the Pisgah National Forest in North Carolina.

December 1, 1998

Nebraska Motor Carriers Launch Ad Campaign to Improve Industry Image

Television and radio channel surfers in Nebraska are catching the first wave of an advertising campaign created by the Nebraska Motor Carriers Assn. to improve the industry’s image.

December 1, 1998