Top Source, Flying J Strike Deal

Top Source Technologies and Flying J Inc. have struck a deal to promote the use of a new product that analyzes used oil.

Daniel P. Bearth | Staff Writer
December 29, 1998

KLLM Expects Loss in 4th Quarter

KLLM Transport Services said it expects to post a loss in the fourth quarter because of problems stemming from a shortage of drivers.

Daniel P. Bearth | Staff Writer
December 29, 1998

PTG Completes Financing Deals

Professional Transportation Group raised $500,000 from the private sale of 9% convertible debentures and warrants for the purchase of up to 1.1 million shares of the company’s stock.

Daniel P. Bearth | Staff Writer
December 29, 1998

Temporary Relief for Rail Shippers

The Surface Transportation Board issued new rules to make it easier for captive rail shippers to obtain alternative rail service to alleviate “inadequacies.”

Daniel P. Bearth | Staff Writer
December 28, 1998
membership

STB Extends Rate Bureau Authority

The Surface Transportation Board extended for one year the authority of motor carrier rate bureaus to set rates and the National Classification Committee to establish commodity classes for freight moving by truck.

Daniel P. Bearth | Staff Writer
December 28, 1998
membership

Teamsters Say ANR May Close

Striking ANR Advance Transportation employees put down their picket signs last week as hope faded for one of the nation’s most enduring trucking companies.

Daniel P. Bearth | Staff Writer
December 28, 1998
membership

Temporary Relief for Rail Shippers

The Surface Transportation Board issued new rules to make it easier for captive rail shippers to obtain temporary alternative rail service to alleviate service “inadequacies,” but it refused requests from shippers in the Houston-Gulf Coast area for permanent access to other carriers to guard against future service problems.

Daniel P. Bearth | Staff Writer
December 28, 1998
membership

FedEx Parent’s Stock Rises

Powered by an expanding domestic economy and lower fuel prices, FDX Corp., the parent of Federal Express Corp. and RPS Inc., posted better-than-expected profits in its second fiscal quarter.

Daniel P. Bearth | Staff Writer
December 28, 1998

STB Extends Rate Bureau Authority

The Surface Transportation Board extended for one year the authority of motor carrier rate bureaus to set rates and the National Classification Committee to establish commodity classes for freight moving by truck.

Daniel P. Bearth | Staff Writer
December 23, 1998

Teamsters Say ANR May Close

Striking ANR Advance Transportation employees put down their picket signs last week as hope faded for one of the nation’s most enduring trucking companies.

Daniel P. Bearth | Staff Writer
December 23, 1998