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Deutsche Post Continues Expansion
Continuing its aggressive expansion ahead of scheduled privatization in 2000, the state-owned German postal service, Deutsche Post, has purchased a 50% stake in the British express parcel company, Securicor.
November 12, 1998
To retread or not to retread, that is the question. For some maintenance managers, the debate between purchasing new tires or retreads is constant.
TT's Hayes promoted to VP
Michael J. Hayes, director of advertising sales for Transport Topics and TT Publishing since 1994, has been promoted to vice president and associate publisher.
November 12, 1998Federal Express Plans Restructure to Lessen Dependency on Pilots
Federal Express said its plans to restructure operations could make the company less dependent on its 3,500 unionized pilots, who have refused to work overtime.
November 12, 1998AmeriTruck Distribution Files for Chapter 11 Bankruptcy Protection
AmeriTruck Distribution Corp. filed for Chapter 11 bankruptcy protection and plans to sell the assets of its refrigerated trucking business and use the proceeds to reduce its debt.
November 11, 1998Trucking Protests Planned Ohio Turnpike Toll Increase
The head of the Ohio Trucking Assn. is among the witnesses scheduled to testify next Monday at a hearing in Middleburg Heights, Ohio, on a planned 10% increase in tolls on the Ohio Turnpike.
November 11, 1998Trism Targets New Markets
Trism Inc. is trying to grow its trucking business by targeting new markets and joining with other companies to provide transportation services.
November 11, 1998FedEx Pilots Union Begins Action
Federal Express Corp. pilots stopped working overtime Monday and their union sent out strike authorization ballots in efforts to get contract talks with the cargo airline going again.
November 10, 1998Oil Prices Drop on International Energy Agency Forecast
The International Energy Agency forecasts that oil demand this year and next will be "lower than previously anticipated."
November 10, 1998Federal Dollars for Improvements
State and local governments may apply for a share of up to $140 million this year for improvements to highway corridors and border facilities.
November 10, 1998FRP Transportation Chief Resigns
FRP Properties announced that Paul James resigned from his post as president and chief operating officer of its Transportation Group to pursue other interests.
November 10, 1998