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Citigroup to Buy Associates In $31.1 Billion Stock Deal

Associates First Capital Corp., one of the nation鈥檚 largest suppliers of credit for trucking equipment purchases, will become a subsidiary of financial titan Citigroup, the two companies announced Sept. 6. he deal is a stock swap valued at $31.1 billion.

September 13, 2000
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IT鈥檚 Bottom Line

To hear vendors speaking at press conferences and trade shows, you would think that new information technologies grow on trees. But their would-be customers in trucking know that to every piece of software, scanning product and communications device on the market there is a dollar sign attached.

September 13, 2000
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ATA Conference to Discuss Future of 鈥楤lack Boxes鈥 on Trucks

The future of the 鈥渂lack box鈥 on trucks will be one of 14 topics discussed during educational sessions at the American Trucking Associations Management Conference and Exhibition Oct 29-Nov. 1 in San Diego.

September 13, 2000
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NBC Settles With Classic Carriers

A Maine trucking company鈥檚 long-running lawsuit against 鈥淒ateline NBC鈥 over a less-than-flattering portrayal of the company and the trucking industry came to an end last week with an out-of-court settlement.

September 13, 2000
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Faulty Antilock Brakes Prompts Recall of 300,000 Trucks, Buses

American manufacturers are recalling 300,000 trucks, buses and emergency service vehicles because of a defect that could cause the brakes to fail.

September 13, 2000
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Volvo鈥檚 Purchase of Renault Cleared by European Union

The executive agency of the European Union has cleared the way for Volvo to become the world鈥檚 second largest truck manufacturer with the purchase of Renault SA.

September 13, 2000
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Chassis Roadability Laws Adopted by States Found Lacking

As the federal government considers establishing shipper and owner responsibililty for the roadworthiness of container chassis, some carriers that serve maritime ports in states with similar intermodal laws already on the books say nothing has changed there.

September 13, 2000
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Editorial: Chaos @ $1.609 per Gallon

The American trucking industry consumes about 30 billion gallons of diesel fuel and 15 billion gallons of gasoline a year.

September 13, 2000
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Opinion: Prescription for Hours of Service

The Department of Transportation鈥檚 proposed rule on driver hours of service obviously is intended to reduce fatigue-related casualties and preserve the economic vitality of the trucking industry. We all would agree that no price tag can be put on safety.

September 13, 2000
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Making 'Sales Pitch' for Information Technology Investments

At Prime Inc., we had a large project that would improve our automated billing function. We were using a system that handled only about 30% of the billing, committed too many errors and required manual re-keying.

September 13, 2000

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