Transportation News
Transport Topics business coverage focuses on the financial, economic, and commercial aspects of the modern freight business. Looking at both the microeconomic and macroeconomic forces shaping bottom lines, the news in this category includes labor news, jobs reports, tonnage and sales indicators, operations analysis, money and banking, mergers, acquisitions, e-commerce, bankruptcy, insurance issues, and more.
Hub Group to Buy Out Local Partners
Hub Group said it will exercise options to acquire the minority interests in 17 Hub operating companies for approximately $110 million.
March 29, 1999BTS Extends Filing Deadline
The federal government will give motor freight carriers more time to file 1998 annual reports. It also is soliciting comments on a proposal to restrict public access to some sensitive carrier financial and operating data.
March 29, 1999Conrail Testing New Safety Rule
Conrail is testing a safety rule designed to reduce the likelihood of train collisions similar to one that killed two people in Williams County in January.
March 29, 1999NPTC Chief Calls for Stricter Enforcement
The truck safety debate took a new course Thursday as the National Private Truck Council called on the DOT to focus enforcement on drivers and carriers with the worst safety records.
March 26, 1999Proposed Rule Changes Could Prove Expensive for Liquified Gas Haulers
TT File PhotoA proposed rule changing unloading operations for haulers of liquefied compressed gases such as propane could cost as much as $3,000 for each truck, an industry official said.
March 26, 1999Trailer Tape Retrofit Approved
Older trailers will have to be retrofitted with reflective tape or reflectors within two years, under a final rule from the Federal Highway Administration.
March 26, 1999Crouse to Eliminate Operations
Crouse Cartage Co. announced plans to eliminate its freight terminal and maintenance operations in Carroll, Iowa, and close an agency terminal in Fremont, Neb. Crouse is a subsidiary of TransFinancial Holdings.
March 26, 1999CMI Acquires Furniture Installer
Commerical Movers Inc. of Columbus, Ohio, has acquired Shaw/Kilgore Office Systems and will merge the business into a new division called CMI Installations.
March 26, 1999EPA Backs Uniform Smoke Tests
The U.S. Environmental Protection Agency recently recommended a nationwide smoke testing standard to avoid confusion among truck drivers traveling from state to state.
March 26, 1999Transit Group Adds KAT to Holdings
Transit Group has acquired KAT Inc. of Chesterton, Ind., for $725,000 in cash and 812,000 shares of Transit Group common stock.
March 26, 1999Trending
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