December 1, 1999 - Industry News
Ryder System has formed Ryder Capital Services, a capital finance subsidiary. The new unit will initially provide internal financing products and services but longer-term plans include financial products and services solutions for Ryder clients, suppliers and vendors
Ryder System has merged Ryder Transportation Services with Ryder Integrated Logistics. "The realignment is a direct response to clients," said President and COO Gregory Swienton.
Federal Express parent FDX Corp. has become an investor in the National Transportation Exchange.
Meritor Automotive has completed the sale of its Light Vehicle Systems seat adjusting systems business to Dura Automotive Systems Inc. for $130 million
Heartland Express, Coralville, IA, has named Max Curry, Fremont, IA, its owner-operator of the month and Thomas Fox, Columbus, OH, its company driver of the month.
Both revenue and income were up for U.S. Trucking, Charleston, SC through the third quarter.
November 30, 1999 - Industry News
Cannon Express, a medium-haul carrier based in Springdale, AR, announced a significant pay increase for its drivers Tuesday.
Speech recognition technology promises to be a big part of trucking's future, particularly in the cab. But as good as the software has become (and it has become remarkably good), it is not yet perfect.
The Office of Motor Carrier Safety says it will grant exemptions from federal vision rules to another 33 truck drivers, but stressed that the exemptions don’t come with job guarantees.
Independent truckstop members of Professional Transportation Partners (PTP) will be offering a new loyalty program for drivers by the end of the year
New safety regulations are going to make it harder to get into the trucking business.
Congress has ordered the Department of Transportation to make all newcomer truckers prove they understand the safety rules. And all new operations will have to undergo a safety inspection within 18 months of opening their doors
The national labor negotiating arm of the major unionized LTL trucking companies has named a new head negotiator
November 29, 1999 - Industry News
A key element of the new safety regime under the Federal Motor Carrier Safety Administration will be stricter regulation of the Commercial Drivers License
Truckers love to complain about the condition of some of the nation's highways, a fact capitalized on by one industry magazine with its annual "Worst Roads" trucker poll. But two states blame trucks for the problem -- and say truckers should be prepared to ante up to fix it
Thanks mostly to concern about high fuel costs, the Banc of America last week downgraded its rating of two trucking companies
The New Jersey Turnpike Authority took a step to improving response to weather-related roadway conditions last week when commissioners approved the award of a contract to install a newly designed weather surveillance system along the 148-mile highway
The Missouri Department of Transportation wants to have the authority to establish toll roads and bridges
A New Hampshire truckstop will pay $225,000 to settle a pollution lawsuit
Peregrine Systems says United Airlines has purchased its FleetAnywhere software system for implementation in 39 locations worldwide.
Six of Schneider National's Advantage Club winners were treated to a Green Bay Packer football weekend early this fall.
Jacobs Vehicle Systems recently produced its two-millionth engine retarder, or Jake Brake as it is commonly known.
The possibility of success may have hurt PNV Inc.'s debut on the Nasdaq last Wednesday
Clean Diesel Technologies Inc. fell deeper into the red last quarter as it continues to invest in systems to help engine makers meet 2002 emissions regulations. The company lost $2.4 million in the third quarter and has lost $3.8 million year-to-date.
The safety legislation that Congress passed November 19 is a two-part meal: a special first course, followed by meat-and-potatoes
November 26, 1999 - Industry News
New Jersey Turnpike Authority commissioners last week voted unanimously to authorize public hearings on a plan to raise tolls
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