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Home and Away in Forwarding Game

Kim Hioe, a corporate vice president in Santa Clara, Calif., can quantify his affection for Circle International Group — the more he likes the freight forwarder the less frequently he sees its personnel.

Jonathan S. Reiskin | Associate News Editor
July 19, 2000
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Trimac Makes Moves On Bulk Truck Market

Trimac Corp. has initiated a restructuring plan that will shift C$378 million worth of its assets to place the company in a position to increase its market share of the bulk trucking business. The Calgary, Alberta-based company started its maneuvering two week ago by selling its Rentway subsidiary to Penske Truck Leasing.

Jonathan S. Reiskin | Associate News Editor
July 19, 2000

Orbcomm Lays Off 20% of Its Workers

Orbcomm Global and its Vantage Tracking Solutions division will remain in the trailer-tracking business in spite of a significant layoff in personnel, according to the chairman of the limited partnership.

Jonathan S. Reiskin | Associate News Editor
July 14, 2000
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Moyes Drops Takeover Bid For Simon Transportation

Simon Transportation will remain a family business for now as Jerry C. Moyes announced June 30 that he would let his takeover tender offer expire unfulfilled.

Jonathan S. Reiskin | Associate News Editor
July 12, 2000

Tax Issues on Hold Until After Election

Election-year politics and a split between a Republican Congress and a Democratic White House means no major tax issues will be settled during the balance of this year, according to a Washington-based tax lawyer.

Jonathan S. Reiskin | Associate News Editor
July 6, 2000
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IRS Is Examining Tax Writeoffs for Tires, NAFC Told

Stronger, better, longer-lasting tires could bring tax difficulties for trucking companies, according to the taxation committee chairman of an American Trucking Associations council.

Jonathan S. Reiskin | Associate News Editor
July 5, 2000
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Tax Issues on Hold Until After Election

Election-year politics and a split between a Republican Congress and a Democratic White House means no major tax issues will be settled during the balance of this year, according to a Washington-based tax lawyer.

Jonathan S. Reiskin | Associate News Editor
July 5, 2000
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Yellow to Buy Back Stock

Yellow Corp. has joined the growing list of trucking companies that are buying back their stock, announcing June 23 its intention to spend up to $25 million in the repurchasing program.

Jonathan S. Reiskin | Associate News Editor
July 5, 2000
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Employee Health Plans for Owner-Operators Carry Risk for Company, NAFC Told

Trucking companies that provide owner-operators with health insurance through plans for employees will be placing their businesses and employees in financial danger, according to an industry attorney.

Jonathan S. Reiskin | Associate News Editor
June 28, 2000
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Coping With the Trucking Market: Ride Out the Storm, Or Liquidate

Hauling freight offers a grim but not impossible living, according to two market analysts who addressed an audience of motor carrier finance officers.

Jonathan S. Reiskin | Associate News Editor
June 28, 2000