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There鈥檚 the West,Then There鈥檚 California
At a recent public hearing in South Gate, Calif., angry residents demanded a ban on diesel-powered trucks because they believed diesel exhaust to be a health hazard.
January 10, 2001Large Firms Seek Profit in Helping Small Operations
Small fleets and independent owner-operators, expected to bear the brunt of the coming shakeout in trucking, are getting a helping hand from an unlikely source.
January 10, 2001Deal Approved, Volvo Transfers Stock to Renault
AB Volvo transferred some 41 million shares of its stock to Renault SA Jan. 2 as payment for 100% of the shares in the French company鈥檚 truck business.
January 10, 2001Volvo Mum in Wake of Lawsuit Based on 鈥楥ost Per Mile鈥 Program
Volvo Trucks North America no longer wants to talk about its much-advertised 鈥淐ost Per Mile鈥 program since it was sued by Great Southern Truck Co., which claimed VTNA鈥檚 failure to honor the program鈥檚 financial commitments contributed to the Volvo dealer鈥檚 bankruptcy.
January 10, 2001Truck Leasing Company Founder Ralph Ryder Dies
Ralph B. Ryder, a founding member of Ryder System, died of heart failure on Dec. 28 at a hospital in Coral Gables, Fla. He was 90.
January 10, 2001Governors Give Fuel Deliverers Hours Pass
With constituents shivering in the deep freeze that has gripped much of the nation, several Midwestern governors suspended hours-of-service regulations for fuel truck drivers.
January 10, 2001FedEx-USPS Deal Could Be Worth $5B
FedEx and the U.S. Postal Service are close to a contract that could bring the Memphis-based company at least $5 billion in revenue over the next several years, making it the most lucrative postal contract ever, the Wall Street Journal reported Tuesday.
January 9, 2001Report: Volvo to Increase Stake in Mitsubishi
Swedish truckmaker AB Volvo does not plan to sell its 5% stake in Japanese automaker Mitsubishi and will proceed with taking a 19.9% share in the company, the Wall Street Journal reported Tuesday on its Web site.
January 9, 2001Western Truckers Scramble for Backhauls
Running a trucking operation in the western U.S. requires different strategies than in the more densely populated East. Several western states are freight magnets: lots of shipments go in but not nearly as many come out, making the backhaul as sought after as water in the desert.
January 9, 2001A.M. Executive Briefing - Jan. 9
In the news this morning: Crude oil prices rise as OPEC cuts loom; Florida East Coast Industries names new CFO; Dorsey Trailers gets financing extended; and more.
January 9, 2001