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Mudslide Multiplies Costs for Idaho Business
For Erv Madsen, the mudslide that wiped out two miles of Highway 95 Oct. 16 is more than just an inconvenience. It could be enough to put him out of business.
October 26, 1998Brian Antonellis of Fleet Advantage and TMC General Chairman Radu Mihai discuss the urgent need for targeted training programs for heavy-duty technicians that build a capable, future-ready workforce.Â
No End to Consolidation Trend
Consolidation continues to dominate the financial scene in trucking. In the past week alone, three truckload carriers, a leasing company, a distribution firm and a truck parts distributor announced deals.
October 26, 1998High Rates Cut Into Brazilian Demand
Volvo Truck Corp. has temporarily stopped production of heavy trucks at its Curitiba, Brazil truck plant because of concerns the global economic crisis may visit Latin America’s biggest economy next.
October 26, 1998Bering Truck Selects First Dealer
Bering Truck Corp. selected Central Truck Center in Landover, Md., as its first dealer. The dealership owned by Jim Burgess will sell the complete line of Class 3 through Class 8 Bering trucks in the Washington, D.C., area.
October 26, 1998Atlas Projects Record Results
Atlas World Group expects its 1998 revenue to top $500 million for the first time in the company’s history. Chairman Walter E. Saubert said revenue should increase about 10% over 1997’s $490 million, and profits will exceed $7 million compared with $5.6 million.
October 26, 1998Rep. Wolf Vows To Pursue Shift
Rep. Frank Wolf will not give up his campaign to move jurisdiction over trucking’s most important federal agency, the Office of Motor Carriers, to the National Highway Traffic Safety Administration. t a Capitol Hill press conference Oct. 21, the Virginia Republican vowed to resurrect the idea next year. (Wolf is on left.)
October 23, 1998Office of Motor Carriers Stays Put as 1999 Spending Bill Is Enacted
In passing the $520 billion spending bill that will keep the federal government going until next October, Congress last week left the Office of Motor Carriers sitting where it is, under the Federal Highway Administration’s wing.
October 23, 1998ATA Convenes New Era
The road to the 21st century for American Trucking Associations begins this week in New Orleans. More than 4,250 industry executives and their spouses are expected to attend the 1998 ATA Management Conference & Exhibition and witness the beginning of a new era for the trucking federation.
October 23, 1998UPS Invests in Software Firm
United Parcel Service will invest in TanData Corp. and jointly market transportation software designed to make it easier for companies to conduct electronic commerce.
October 23, 1998EU Drafts 48-Hr. Work Week
European Union truck drivers will be limited to a 48-hour work week if a proposal now being drafted by the European Commission in Brussels becomes law.
October 23, 1998