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 23, 1998

CF Expects More Profits in 4th Quarter

Consolidated Freightways said it expects its fourth-quarter earnings to be substantially better than consensus estimates of 28 cents a share.

Daniel P. Bearth | Staff Writer
December 23, 1998

Penske To Serve Whirlpool Corp.

Penske Logistics was named lead logistics provider for Whirlpool Corp.’s regional distribution system.

Daniel P. Bearth | Staff Writer
December 23, 1998
membership

Rumored CF-Yellow Deal Falls Through

Is another big-time merger among less-than-truckload carriers in the offing.

Daniel P. Bearth | Staff Writer
December 22, 1998
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Shippers Ask STB for Help

Captive rail shippers pleaded with the Surface Transportation Board last week to “restore and enhance” competition in the Houston and Gulf Coast areas by granting other railroads access to Union Pacific lines and allowing some customers to build links to other carriers.

Daniel P. Bearth | Staff Writer
December 22, 1998
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Xtra Terminates Talks, Offers to Buy Back Stock

Xtra Corp. ended merger discussions with Apollo Management and Interpool Inc. and said it intends to remain an independent public company.

Daniel P. Bearth | Staff Writer
December 22, 1998

Surface Transportation Board Extends Authority to Set Rates

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 22, 1998

Treadco Settles Bandag Dispute

Arkansas Best Corp. said its Treadco Inc. subsidiary settled its long-running dispute with Bandag Inc. over Bandag’s recruitment of Treadco executives and attempts to divert customers from Treadco.

Daniel P. Bearth | Staff Writer
December 22, 1998

CF-Yellow Deal Falls Through

Is another big-time merger among less-than-truckload carriers in the offing?

Daniel P. Bearth | Staff Writer
December 21, 1998

Shippers Ask STB for Help

Captive rail shippers pleaded with the Surface Transportation Board last week to “restore and enhance” competition in the Houston and Gulf Coast areas by granting other railroads access to Union Pacific lines.

Daniel P. Bearth | Staff Writer
December 18, 1998