M.S. Carriers, Memphis, Tenn., agreed to purchase assets of Interstate Trucking Corp. of America, a dry van truckload carrier based in Merrill, Wis.

Landstar System has dropped its membership in American Trucking Associations, becoming the first major company to leave the trade association since the launching of the sweeping restructuring of ATA.

Congress agreed to a $500 billion budget package Thursday that includes Department of Transportation and highway funding for fiscal 1999, but left at least one key trucking issue unresolved: Will the Office of Motor Carriers get a new home.

U.S. Xpress Enterprises filed suit against Employee Solutions Inc. after the Phoenix-based professional employer organization unilaterally terminated its contract with the Chattanooga, Tenn.-based trucking company.

Consolidation is a fact of life in trucking.

Overnite Transportation Co., the nation's largest nonunion less-than-truckload general freight carrier, challenged the Teamsters union to a companywide vote on union repre-sentation.

The Owner-Operator Independent Drivers Assn. is suing two more motor carriers, challenging the leasing practices of household goods mover Mayflower Transit and alleging workers' compensation insurance fraud by the Donco Carriers division of Oklahoma City-based Rocor International.

Menlo Logistics announced it has won contracts worth an estimated $1.15 billion over five years to handle a variety of logistics services for six manufacturers, including high tech giants IBM Corp. and Intel Corp.

The Delanco, N.J.-based less-than-truckload carrier announced an initial public offering of 3,800,000 shares of Common Stock.