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Danzas Gives Stamp of Approval to $1.1 Billion Takeover

Danzas shareholders approved the $1.1 billion sale of their company to the German post office, Deutsche Post, creating one of the world鈥檚 largest freight transportation groups.

March 3, 1999
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Volvo Breaks Off Talks With Rival Scania

PARIS 鈥 Volvo AB has broken off negotiations to acquire its Swedish rival, Scania.

March 3, 1999
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EU Ban of 727 Jetliners Rankles Carriers, Congress

A vote by the European Union to reduce aircraft noise by banning the use of some Boeing 727 aircraft has international air freight carriers and the U.S. Congress up in arms.

March 3, 1999
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Court Rejects Challenge to Safety Rating System

A federal appeals court has upheld the federal motor carrier safety ratings system, rejecting trucking鈥檚 claims that the process is 鈥渁rbitrary and capricious鈥 and based on unsound methodology.

March 3, 1999
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Group Calls for Hearings on Railroad Safety

A new group comprised of municipal officials from across the country has taken aim at railroad safety.

March 3, 1999

URS Expands Auto Hauling Network

United Road Services, Albany, N.Y., has purchased three auto haulers and a towing company, and agreed to buy two other businesses, adding to its expanding network of towing, recovery and transport companies.

March 3, 1999

Shippers Cite Rail Cost Relief Hurdles

A process that shippers find expensive and burdensome keeps them from seeking federal recourse even when they believe railroads are charging too much, according to congressional auditors.

March 3, 1999

Tank Removal Co. Claims Bankruptcy

A company that claimed to be the biggest in Kentucky in the business of removing petroleum underground storage tanks filed for bankruptcy protection Feb. 23.

March 3, 1999

Railroads Seek to Break Truckers' Stranglehold on Mexican Freight

Top North American railroads are determined to break trucking鈥檚 stranglehold on Mexico鈥檚 international and domestic freight.

March 2, 1999

DHL, USPS Combine For Service

DHL Airways of Redwood City, Calif., is joining with the U.S. Postal Service to provide guaranteed two-day delivery service from 11 U.S. cities to western Europe.

March 2, 1999

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