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UPS to Sell Shares to Public

United Parcel Service, the world鈥檚 largest package delivery company, will offer stock to the public for the first time. The firm plans to sell 10% of its common stock by the end of the year.

July 21, 1999

Feds Pondering Graduated CDL

The federal governments wants to gauge trucking鈥檚 sentiment on the notion of a graduated commercial driver license, which could allow younger drivers into the cab of big rigs.

July 21, 1999

I-295 South in R.I. Closed to Trucks

The Rhode Island Trucking Association reports that the southbound lanes of I-295 south of Exit 10 had been closed to all truck traffic due to problems with a bridge in Cumberland.

July 21, 1999

Wilson Bridge Bill Gains Support

Several members of Congress said they support a bill to provide additional federal funding for the new Woodrow Wilson Bridge on I-95, but prospects of passage are uncertain.

July 21, 1999

Report: 'No Zone' Message Sinking In

The 鈥淣o-Zone鈥 campaign has been talking about avoiding the 鈥渂lind spots鈥 on trucks for the last five years and a recent report indicates the public has been listening.

July 21, 1999

P.M. Executive Briefing - July 21

This afternoon's headlines: Paint spill ties up traffic on I-95; Officer says Caltrans OKd route followed by tanker in crash; and Caterpillar's second-quarter earnings plunge 37%.

July 21, 1999

Trism Agrees to Restructure Debt

Trism Inc., Kennesaw, Ga., reached an agreement in principle with its bondholders to restructure its long-term subordinated debt.

July 20, 1999

Activists Planning Interstate Blockade

Protesters who staged last week's human interstate blockade say they'll do it again Friday, but state highway officials are working hard to get them to change their minds.

July 20, 1999

Another Guilty Plea in CDL Scandal

Another figure involved in the state鈥檚 commercial driver license scandal pleaded guilty to accepting bribes to issue CDLs and funneling illegal funds into campaign contributions.

July 20, 1999

A.M. Executive Briefing - July 20

In this morning's headlines: CNF Transport鈥檚 trucks drive record second quarter; Arkansas Best reports record second quarter earnings; and S.C. county mulls steeper rig parking fines.

July 20, 1999