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Fuel Tanks Must Be Up to Specs

Did Dec. 22 come and go with a splash? It was the deadline for compliance with federal laws on underground fuel storage tanks.

December 28, 1998

Teamsters Say ANR May Close

Striking ANR Advance Transportation employees put down their picket signs last week as hope faded for one of the nation’s most enduring trucking companies.

December 28, 1998

Truck, Rail Panels Could Merge

Trucking lobbyists last week endorsed a proposal by House Transportation Committee Chairman Bud Shuster (R-Pa.) to merge jurisdiction over railroads and trucking into a single subcommittee. The unexpected announcement came as House members focused on the vote to impeach President Clinton.

December 28, 1998

Temporary Relief for Rail Shippers

The Surface Transportation Board issued new rules to make it easier for captive rail shippers to obtain temporary alternative rail service to alleviate service “inadequacies,” but it refused requests from shippers in the Houston-Gulf Coast area for permanent access to other carriers to guard against future service problems.

December 28, 1998

Nafta Anniversary Sparks Appeal

American Trucking Associations commemorated the third anniversary of the suspension of a key North American Free Trade Agreement trucking provision by urging President Clinton to completely open four southwestern states to Mexican trucks.

December 28, 1998

FedEx Parent’s Stock Rises

Powered by an expanding domestic economy and lower fuel prices, FDX Corp., the parent of Federal Express Corp. and RPS Inc., posted better-than-expected profits in its second fiscal quarter.

December 28, 1998

TNT Post Group Buys Jet Services

Holland’s TNT Post Group paid $360 million to acquire the French express delivery company Jet Services, giving the Dutch giant a greater presence in France.

December 28, 1998

Axle Deal With Meritor Alter's Volvo's Approach

In a move that represents a significant loosening of its vertically integrated structure, Volvo Truck Corp. has decided to outsource its heavy-duty rear axles to U.S.-based Meritor Inc.

December 28, 1998

Oil Market Unruffled

Fears apparently were unwarranted that U.S.-led air strikes against Iraq would raise world crude oil costs and disrupt the record low diesel prices trucking has been enjoying.

December 28, 1998