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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 23, 1998

STB Extends Rate Bureau Authority

The Surface Transportation Board extended for one year the authority of motor carrier rate bureaus to set rates and the National Classification Committee to establish commodity classes for freight moving by truck.

December 23, 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 23, 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.

December 23, 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 23, 1998

CF Expects More Profits in 4th Quarter

Consolidated Freightways said it expects its fourth-quarter earnings to be substantially better than consensus estimates of 28 cents a share.

December 23, 1998

Penske To Serve Whirlpool Corp.

Penske Logistics was named lead logistics provider for Whirlpool Corp.’s regional distribution system.

December 23, 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 23, 1998

Sparring Over Transponder Codes

Emerging transponder technology has allowed truckers to bypass highway weigh stations, but it has also generated a dispute over the ownership of the signals these devices produce.

December 23, 1998

Surface Transportation Board Extends Authority to Set Rates

The Surface Transportation Board extended for one year the authority of motor carrier rate bureaus to set rates and the National Classification Committee to establish commodity classes for freight moving by truck.

December 22, 1998