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Celadon Group agreed to be acquired by a group of senior managers and Odyssey Investment Partners, a newly formed private investment fund based in New York that is making its first acquisition.

OVERLAND PARK, Kan., -- Yellow Freight System www.yellowfreight.com) has added new customer service capabilities to its web ite that enable shippers and their customers to provide and access critical, eal-time information.

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?

The Federal Highway Administration soon may propose new load securement standards based on the findings of a five-year research project.

Caliber System is outsourcing EDI. The Akron, Ohio-based transportation and logistics giant recently signed a five-year deal with Sterling Commerce, Columbus, Ohio, whereby Sterling will assume responsibility for all of Caliber's electronic data interchange activities.

The nation’s pagers went down last week, but the freight apparently kept moving.

Although they are at least a year away from production, Allison Transmission introduced three automatic trans-missions, including two models that will expand the com-pany’s capacity in the medium-duty ranges. The third is for the light commercial truck market.

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.

A new service from United Parcel Service will take overnight letters off airplanes and send them flying through cyberspace.