Shippers Protest Rate Hikes
Two shipper groups have asked the Surface Transportation Board to “suspend and investigate” rate increases proposed by four motor carrier rate bureaus.
Ploof Truck Lines Up for Sale
The owner of Ploof Truck Lines, a flatbed truckload carrier based in Jacksonville, Fla., is seeking to sell the company after filing for bankruptcy protection on Sept. 10.
GeoLogistics Will Close Domestic Forwarding Unit
GeoLogistics Americas said it will phase out its unprofitable domestic freight-forwarding operations as of Oct. 15 and concentrate on international freight forwarding and logistics.
Trading of Dynamex Held As Earnings Are Restated
The American Stock Exchange suspended trading of Dynamex Inc. stock after the Dallas-based courier announced Sept. 17 that it will restate earnings for fiscal years 1997, 1998 and the first three quarters of fiscal years 1998 and 1999 because of accounting irregularities.
Shippers Protest Rate Hikes
Two shipper groups have asked the Surface Transportation Board to “suspend and investigate” rate increases proposed by four motor carrier rate bureaus.
Quick Delivery Sells Air Assets
Forward Air Corp., Greeneville, Tenn., agreed to acquire the air cargo operating assets of Quick Delivery Service of Mobile, Ala.
GeoLogistics to Close Forwarding Unit
GeoLogistics Americas said it will phase out its unprofitable domestic freight-forwarding operations as of Oct. 15 and concentrate on international freight forwarding and logistics.
Ploof Truck Lines Up for Sale
The owner of Ploof Truck Lines, a flatbed truckload carrier based in Jacksonville, Fla., is seeking to sell the company after filing for bankruptcy protection on Sept. 10.
Nasstrac Leaders Stress Cooperation
The official theme of Nasstrac’s fall membership meeting was “Building Bridges to Better Performance.” For many in attendance, however, the unofficial theme was “Let’s Work Together.”
ADS Receives Investment From Firm
A Chicago investment firm has purchased an equity stake in Alternative Distribution Systems of Homewood, Ill.