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Mitsubishi, Volvo Announce Global Partnership

Volvo AB and Mitsubishi Motors Corp. have completed an agreement to form an alliance that is expected to open new markets to both manufacturers in the United States and elsewhere around the world.

December 22, 1999

New President for Landstar Ligon

Landstar System installed G. Tom Beam as president of its Landstar Ligon subsidiary, taking the first step in what is expected to be a concerted effort by Landstar management to reverse a proposed unsatisfactory safety rating by the Department of Transportation.

December 22, 1999

ATA Chief McCormick Seeks Summit With Rail Interests

The leader of the nation鈥檚 largest trucking trade association has challenged the railroad industry to engage in a 鈥渘ew dialogue鈥 aimed at 鈥渁ssuring fast, frequent, safe freight delivery鈥 and called for a summit early next year between the transportation modes.

December 22, 1999

Diesel Price Falls for Second Week

The national average price of diesel fuel provided a little holiday cheer by dropping for the second consecutive week. But the fall to $1.288 a gallon prompted one analyst to warn that the oil market was in a purge-and-binge mindset.

December 22, 1999

Mead: New Motor Carrier Office Must Fix Safety Problems

Days after President Clinton signed legislation creating a Federal Motor Carrier Safety Administration, the head of the Department of Transportation鈥檚 watchdog office encouraged the new agency to use the tools it has to improve truck and bus safety.

December 22, 1999

Trucking Wish List for Top Safety Official

A lot of ideas are circulating about the qualities that the first head of the Federal Motor Carrier Safety Administration ought to possess.

December 22, 1999

Swift Transportation Reaps Benefit Of Aggressive Anti-Theft Steps

Trucking executives who think there鈥檚 little they can do to prevent cargo theft should talk to Gary Fitzsimmons.

December 22, 1999

Oregon Trucking Lays Plans For Ballot Battle Over Taxes

Convincing voters to raise their own taxes is a tall order, but that鈥檚 the task Oregon truckers face if they want a repeal of the state鈥檚 weight-distance tax to take effect.

December 22, 1999

Trucking, Arkansas Educators Plan Driver Training Center

Trucking industry officials and educators say they will work together in Arkansas to build a driver training and transportation worker learning center, whose young graduates would be exempt from the federal minimum age for interstate truckers.

December 22, 1999

TransFinancial Shareholder Critical of Buyout Proposal

A proposed buyout of TransFinancial Holdings by a group of its top executives has drawn criticism from a Massachusetts-based stockholder who said management鈥檚 offer of $6.03 a share is far below the net asset value of the company.

December 22, 1999