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Component Suppliers Ride High Atop Crest of Truck Sales Wave
As trucking companies continue to buy new Class 8 tractors at a record pace in order to meet the heavy demand for freight transportation, companies that sell components to truck makers have seen their sales and earnings lifted to new heights.
July 28, 1999Louisiana Governor Signs Intermodal Roadability Law
Louisiana forbids the owner of a vehicle to offer a chassis or container in intermodal exchange that does not meet federal safety regulations, under a new state law. Truckers would have the right to inspect the equipment and demand that repairs be made if necessary.
July 28, 1999Mother, 2 Sons Indicted In Violent Hijackings
A federal grand jury in Richmond, Va., indicted a mother and two of her sons on charges of running a violent hijacking ring that appeared to target older, independent big rig drivers at truck and rest stops along Interstate 95 in Virginia.
July 28, 1999Oregon Legislature Splits Over Ton-Mile Tax Repeal
The Oregon Senate approved the elimination of the states weight-distance tax, but the drive to abolish the oldest such tax in the country faces a tough sell before the House and the governor.
July 28, 1999Comdata Expects to Speed Up Card Transactions
Truckers using fuel or credit cards will be able to whiz through check-out lines at truck stops, according to marketers of a satellite point-of-sale technology.
July 28, 1999Ryder System Sells Bus Unit To British Firm for $940 Million
Ryder System agreed to sell its public transportation service unit to FirstGroup PLC, the United Kingdoms largest bus operator, for $940 million in cash.
July 28, 1999Editorial: Savor the Good Times
The moneys simply overflowing a lot of trucking suppliers coffers these days. Major players like Detroit Diesel, Cummins Engines, Eaton, Dana and Meritor are basking in record second-quarter sales and in many cases record profits as well. But what does this tell us in trucking?
July 28, 1999Opinion: Don't Forget Freight
Although the current freight system has performed very well over the years, enabling our countrys businesses to import and export their goods relatively inexpensively, the honeymoon could be over if we dont begin to seriously plan for the future.
July 28, 1999Turning the Spotlight on Intelligent Transportation Standards
The Department of Transportation is under a congressional mandate to come up with a list of protocols for building such a network by 2001. These 17 standards are considered essential in ensuring that the computer-based systems and the equipment that uses them are interoperable that can be interconnected no matter where they are or who runs them.
July 28, 1999Trailer Numbers Head Toward 'Normal'
Shipments of trailers and chassis continued to slide through May, dropping 14.4% below their levels for the same five months during the record-breaking year of 1998.
July 28, 1999