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North American to Buy Allied From NFC for $450 Million

In a deal that brings together the second- and third-largest movers in the United States, the owner of North American Van Lines agreed to acquire Allied Van Lines and other moving services from London-based NFC Plc. for $450 million in cash and stock.

Daniel P. Bearth | Staff Writer
September 22, 1999
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Nasstrac Criticizes LTL Rate Hikes

Rate increases posted by less-than-truckload carriers in recent weeks are drawing flak from an organization representing LTL and package shippers.

Daniel P. Bearth | Staff Writer
September 22, 1999
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United Shipping Buys Courier

A Minnesota-based company that manufacturers package shipping kiosks and recently started its own courier business has agreed to buy Corporate Express Delivery Systems.

Daniel P. Bearth | Staff Writer
September 22, 1999

Nasstrac Raps LTL Rate Hikes

Rate increases posted by less-than-truckload carriers in recent weeks are drawing flak from Nasstrac, a organization representing LTL and package shippers.

Daniel P. Bearth | Staff Writer
September 21, 1999

Hunt to Separate TL, Intermodal Units

J.B. Hunt Transport Services says it will separate its intermodal operations from its truckload van business in an effort to minimize the impact of continuing rail service failures.

Daniel P. Bearth | Staff Writer
September 20, 1999

United Shipping Buys Courier

United Shipping & Technology of Minneapolis, which recently started its own courier business, has agreed to buy Corporate Express Delivery Systems.

Daniel P. Bearth | Staff Writer
September 17, 1999
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Safest Companies Realize a Payoff From Their Efforts

Every decision a trucking executive makes — from who is sitting behind the wheel of a rig to the kind of equipment purchased — can have an impact on safety.

Daniel P. Bearth | Staff Writer
September 15, 1999
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WorldPoint Buys Expedited Unit

WorldPoint Logistics, formed last year to acquire businesses that serve key segments of the logistics supply chain, acquired the assets of Corporate Express Delivery Systems-Expedited for an undisclosed amount.

Daniel P. Bearth | Staff Writer
September 15, 1999
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Safety Seen the Measure for Insurers

Most insurance companies rely on the number and cost of accidents to set rates for trucking companies, but some question that criteria as an adequate measure of safety.

Daniel P. Bearth | Staff Writer
September 15, 1999

Trism Announces Debt Agreement

Trism Inc. of Kennesaw, Ga., announced an agreement with bondholders to exchange $86.2 million in debt for a combination of new debt and stock.

Daniel P. Bearth | Staff Writer
September 10, 1999