Transport Topics

Old Dominion Announces Rate Increase

Old Dominion Freight Line will add to the list of major carriers increasing rates, the less-than-truckload hauler announced Thursday.

August 17, 2000

Navistar May Cut 500 More Workers At Ontario Plant

Employees at Navistar's Chatham, Ontario plant were hit with more bad news Wednesday as the world's third-largest truck maker said it may lay off up to 500 more workers, approximately one-third of the plant's workforce, Bloomberg reported.

August 16, 2000

American Freightways Announces Rate Increase

Less-than-truckload carrier American Freightways announced Tuesday a rate increase of 5.5%, effective Sept. 1.

August 8, 2000

Driver Says Overnite Paid Him to Smear Teamsters

A driver for Overnite Transportation has told federal officials that he was paid $10,000 to falsely accuse Teamster supporters of vandalizing property at the trucking firm in order to get them fired, the New York Times reported Tuesday.

July 26, 2000

BNSF, CN Call Off Merger

Days after a U.S. appeals court upheld a federal rail merger moratorium, giant North American freight railroads Canadian National and Burlington Northern Santa Fe said they are calling off their planned merger.

July 21, 2000

Overnite to Raise Rates in August

Overnite Transportation announced late Friday a 5.5% rate increase on non-contractual shipments, effective Aug. 14. The move follows the lead of fellow carrier giants Yellow Freight System and Consolidated Freightways.

July 21, 2000

Freightliner to Buy Western Star

Freightliner LLC, a subsidiary of DaimlerChrysler AG, will acquire 100% of all issued and outstanding shares of Western Star Truck Holdings Ltd., the companies announced Wednesday.

July 20, 2000

Rail, Intermodal Traffic Rise for Week

Rail freight traffic, led by a 9% surge in coal volumes, increased 6.1%, and intermodal loadings rose 3.8% last week, the Association of American Railroads said Thursday.

July 13, 2000

Clinton Sets Aside Fuel Reserve; Oil Drops Further

President Clinton announced Monday that he will set aside a reserve of home heating oil to prevent a repeat of this past winter's fuel shortage. Meanwhile, oil prices dropped even further on world markets on speculation that OPEC will increase production.

July 10, 2000

N.Y. DOT Changes Registration Display Policy for Trucks

Commercial trucks weighing more than 10,000 pounds and registered in the state of New York must now display their federal Department of Transportation registration number, the Albany Business Review reported.

July 7, 2000