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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, 1998Seth Clevenger and Mike Senatore dive into the Transport Topics Top 100 list of the largest logistics companies. They address trade challenges, mergers, sector trends and more.
Former FHWA Official Jailed
A former official at the Federal Highway Administration was sentenced to more than three years in prison for his role in a bribery scandal.
December 2, 1998Truckers 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, 1998Trucker 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, 1998New 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, 1998CSX 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, 1998Exxon, 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, 1998Ensign 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, 1998Mack 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, 1998Nebraska 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