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Congress Wraps Spending Bill, Leaves Fate of OMC Hanging
Congress agreed to a $500 billion budget package Thursday that includes Department of Transportation and highway funding for fiscal 1999, but left at least one key trucking issue unresolved: Will the Office of Motor Carriers get a new home.
October 16, 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.
Diesel's Downturn Ends
The nine-week downward spiral in diesel prices hit bottom last week, as the national average inched up 0.9 cent to $1.009 a gallon, according to the Department of Energy.
September 29, 1998Cummins Unveils Two Engines
The ISX engine has horsepower ratings from 400 to 500, with peak torque from 1,450 to 1,850 footpounds. It has a dual overhead cam, with one camshaft driving the fuel injection system while the other drives the valves and an integrated barking system, called Intebrake. Electronic controls record trip and performance information and allow technicians to diagnose engine problems.
September 29, 1998Credit Reporting Suit Slated for Trial
A suit by TJS Brokerage & Co. Inc. alleging inaccurate credit reporting by CompuNet Credit Services Inc. will go to trial Feb. 23.
September 29, 1998STB to Vote on Conrail Division
The Surface Transportation Board will vote today on the largest rail merger in U.S. history -- the joint acquisition and division of Conrail Inc. by CSX Corp. and Norfolk Southern Corp.
September 29, 1998Credit Reporting Suit Slated for Trial
A suit by TJS Brokerage & Co. Inc. alleging inaccurate credit reporting by CompuNet Credit Services Inc. will go to trial Feb. 23..
September 29, 1998STB to Vote on Conrail Division
The Surface Transportation Board will vote today on the largest rail merger in U.S. history -- the joint acquisition and division of Conrail Inc. by CSX Corp. and Norfolk Southern Corp.
September 29, 1998Schneider CIO Testifies on Y2K
Medium-size trucking companies are most at risk in the Year 2000 computer crisis, Schneider National’s chief information technology officer told a Senate panel Sept. 10.
September 29, 1998Odyssey To Acquire Celadon
Celadon Group agreed to be acquired by a group of senior managers and Odyssey Investment Partners, a newly formed private investment fund based in New York that is making its first acquisition.
September 29, 1998DOT Study Supports Carmack
Trucking industry representatives pushing for limits on cargo liability expressed disappointment last week after a three-year-long study by the Department of Transportation recommended no change in the current system.
September 29, 1998