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Directors to Buy TransFinancial
TransFinancial Holdings, the parent of regional LTL carrier Crouse Cartage Co., will become a privately owned company under terms of a buyout by three of the company’s directors.
October 22, 1999NTSB Examines Mexican Truck Safety
Wintesses told the NTSB Thursday that lower Mexican truck safety standards could pose a safety risk if Mexican trucks are allowed on all U.S. highways in January.
October 22, 1999Truckers Picket Shipping Line
About 50 independent truckers picketed at the Port of Seattle Thursday - the latest action in an ongoing dispute about wages and union recognition.
October 22, 1999A.M. Executive Briefing - Oct. 22
In the news this morning: DOT plans November hearings on roadability; Ariz. discussing Canada-Mexico trade corridor; and Union Pacific announces third quarter results.
October 22, 1999UPS Sets Price Range for IPO
United Parcel Service could raise as much as $4.6 billion in its initial public offering set for next month, according to a document the company filed Wednesday with federal regulators.
October 21, 1999FedEx Shakes Up Senior Management
Federal Express Corp. announced a shakeup of its senior management team, nine days after the company's chief executive officer announced plans to retire.
October 21, 1999P.M. Executive Briefing - Oct. 21
This afternoon's headlines: New interest in Nissan Diesel; GM dumps unionized car-haulers; and India's two million truckers launch indefinite strike over fuel prices.
October 21, 1999ATA to Host Military Freight Meeting
American Trucking Associations will conduct a meeting next week with military transportation officials to discuss changes in motor carrier freight rules and installation operating hours.
October 21, 1999Procter & Gamble Reworks Shipping
When Procter & Gamble Co. and Wal-Mart Stores decided to work together to reduce distribution costs, many truckers naturally wondered what would be in store for them.
October 21, 1999Teamsters Undecided on Gore
When the AFL-CIO voted Oct. 13 to endorse Vice President Al Gore for president, two major players in the labor federation refused to sign on: the United Auto Workers and the Teamsters.
October 21, 1999