Navistar Moves to Diffuse Takeovers
Navistar International's board of directors moved to discourage hostile takeover attempts with a plan that would make the company’s stock available to existing shareholders at a discount.
Fuel Prices Slip, End 7-Week Rise
TT PhotoSnapping a streak of seven weeks of increases, the retail price of diesel fuel edged downward by 0.4 cent to a national average of $1.08 a gallon.
Refunds Wanted for Payphone Fee
The ATA is urging trucking companies to insist on refunds of a portion of the surcharge on payphone calls to their toll-free numbers.
Benefits Package Off the Table
Overnite last week rejected attempts by the Teamsters union to reopen negotiations on a benefits package both sides accepted in 1998.
Fuel Price Spike Flattens Out
The national average price of diesel fuel rose less than a cent last week to just over $1.08 a gallon — the smallest increase in the past four weeks.
Rail Service Has Become More Consistent, Analysts Say
The truckload business has gone from JIT to XOT as shipping demands have become more stringent, and rail intermodal is finding it difficult to keep up.
Truck Sales Temperature Check: Steaming Ahead of 1998’s Record
Class 8 truck sales in North America continued at a blistering pace in March, with 22,455 units sold — nearly 28% above the total in March 1998.
Van Trailer Shipments Down, Chassis Up
Shipments of complete truck trailers and chassis for the first two months of 1999 are down 10% from last year, but have shown a slight growth in orders since January.
Fuel Price Spike Flattens Out
The national average price of diesel fuel rose less than a cent last week to just over $1.08 a gallon — the smallest increase in the past four weeks.
Truck Sales Temperature Check: Steaming Ahead of 1998’s Record
Class 8 truck sales in North America continued at a blistering pace in March, with 22,455 units sold — nearly 28% above the total in March 1998.