Orbcomm Seeks Help Paying $170M Loan

Orbcomm Global said it has hired Donaldson, Lufkin & Jenrette Securities to help it figure out how to pay off a $170-million loan due in 2004, plus the interest.

Daniel L. Whitten | Staff Reporter
August 16, 2000
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Ailing Orbcomm Cuts Workers, Loses Funding

Teleglobe Inc. said last week it will not provide further funds for its money-losing Orbcomm Global LP subsidiary and moved to find a “strategic partner” to help staunch the unit’s losses.

Daniel L. Whitten | Staff Reporter
August 16, 2000
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Professor: Economy Drives Safety Rate

Gerald J.S. Wilde has some disappointing information for government officials hoping to meet their goals of reducing highway fatalities, especially those involving big rig operators.

Daniel L. Whitten | Staff Reporter
August 16, 2000
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Penske Turns to Online Auctions in Selling 3,000 Used Trucks Online

The sagging used truck market and a dot.com auction site will try to give each other a boost next week when Penske Truck Leasing attempts to sell 3,000 used trucks online.

Daniel L. Whitten | Staff Reporter
August 16, 2000

Penske to Sell 3,000 Used Trucks Online

The sagging used truck market and a dot.com auction site will try to give each other a boost next week when Penske Truck Leasing attempts to sell 3,000 used trucks online.

Daniel L. Whitten | Staff Reporter
August 16, 2000

Orbcomm Cuts Jobs, Loses Funding

Teleglobe Inc. said last week it will not provide further funds for its money-losing Orbcomm Global LP subsidiary and moved to find a “strategic partner” to help staunch the unit’s losses.

Daniel L. Whitten | Staff Reporter
August 15, 2000

Professor: Economy Drives Safety Rate

Gerald J.S. Wilde has some disappointing information for government officials hoping to meet their goals of reducing highway fatalities, especially those involving big rig operators.

Daniel L. Whitten | Staff Reporter
August 15, 2000
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Freightliner Tests Fuel Cells For Comfort Factor

To stay comfortable and entertained, drivers often spend their nights in their cabs as the engines continue to rumble while the trucks do not move.

Daniel L. Whitten | Staff Reporter
August 2, 2000
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Transportation.com Expects to Buck Web Industry Trend

Transportation.com waded into the murky waters of online exchanges early last month and is attempting to debunk a rising notion that dot.coms are black holes for money.

Daniel L. Whitten | Staff Reporter
August 2, 2000

Transportation.com Looks to Buck Dotcom Trend

Transportation.com waded into the murky waters of online exchanges early last month and is attempting to debunk a rising notion that dot.coms are black holes for money.

Daniel L. Whitten | Staff Reporter
August 1, 2000