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Summit Cancellation Attracts Inspector General’s Attention

The Dept. of Transportation’s inspector general said he will review the abrupt cancellation of the 1998 National Truck and Bus Safety Summit.

David Barnes | Senior Correspondent
December 7, 1998

Xtra, Celadon Cancel Mergers With Investors

Problems with financing forced the cancellation of two major transportation buyouts: Xtra Corp.’s purchase by Apollo Management; and Celadon Group’s acquisition by Odyssey Investment Partners. tra, a major lessor of over-the-road trailers, marine containers and intermodal equipment, terminated its merger agreement with Apollo, a New York-based investment firm, and Interpool Inc., an ocean container leasing company, on Nov. 25.

Daniel P. Bearth | Staff Writer
December 7, 1998

Volvo to Lay Off 5,300 Workers

AB Volvo has decided to cut 5,300 jobs worldwide, including about 1,000 in North America, according to Stefan Lorentzson, spokesman for subsidiary Volvo Truck Corp.

John G. Parker | European Correspondent
December 7, 1998

Phooey on Both Houses?

For weeks now, we’ve been hearing from certain quarters that the way to improve trucking safety is to transfer federal oversight from the Federal Highway Administration to the National Highway Traffic Safety Administration.

December 7, 1998

Trucking Not on Trustbusters’ List

No one in trucking has to be convinced that there’s plenty of competition today.

Daniel P. Bearth | Staff Writer
December 7, 1998

Capitol Christmas Tree Arrives by (What Else?) Truck

In Washington, D.C., the arrival of the Capitol Christmas tree is a traditional reminder that the clock is ticking on holiday shopping.

George Abry | Staff Reporter
December 7, 1998

Nebraska Truckers Are Not Always What You Think

Television and radio channel surfers in Nebraska last week caught the first wave of an advertising campaign created by the Nebraska Motor Carriers Assn. to improve the industry’s image.

David Barnes | Senior Correspondent
December 7, 1998

Euro Truckers Get Swiss Tansit Rights - At a Price

The European Union’s Ministers of Transport Committee, meeting in Brussels Dec. 1, accepted a deal that allows EU-registered trucks transit rights through Switzerland, but at a very high price for road transport.

John G. Parker | European Correspondent
December 7, 1998

OSHA Unveils Hazard Rule

The Occupational Safety and Health Administration will ask employers to institute a program to prevent workplace hazards.

Jeff Johnson | Staff Reporter
December 4, 1998