February 25, 2000 - Industry News
Renault reported a 1999 net profit of 55.5 million euros (about $55.1 million in U.S. dollars) for Renault VI/Mack. That was 58% below 1998 profits for the heavy vehicle unit
Petro Stopping Centers L.P. reported income (before extraordinary items and an accounting change) of $4.1 million in 1999, down from $5.7 million in 1998. Total revenue rose from $653.4 million in 1998 to $719.9 million in 1999.
By the end of this year, every wireless phone manufactured by Motorola will be able to access the Internet. Motorola of Schaumburg, IL, the second-largest manufacturer of mobile phones in the world (after Nokia of Finland),
February 24, 2000 - Industry News
Truckers in northern Maine have been protesting against Irving Forest Products, saying that rates have changed little over the past 15 years despite increases in costs
HDATA, the new e-commerce initiative from HD America Inc., has grown to be the largest mover of electronic data and electronic services in the independent heavy duty aftermarket, according to president Patrick Biermann.
February 23, 2000 - Industry News
The average horsepower of new Class 8 truck engines continues to grow, according to statistics from Detroit Diesel.
An Idaho District Court has struck down the state's weight-distance tax reduced-rate provision, finding it violates the Commerce Clause of the U.S. Constitution
The buzzword of the Internet age is "direct." As in selling direct. Manufacturers are being urged to use the Internet to identify customers and eliminate the middlemen.
It's already happened in a big way with books, music
Navistar International will make a major announcement regarding its e-commerce strategy within the next month, Chairman, President and CEO John Horne said at a news conference following its annual meeting.
Peterbilt mega-dealer Rush Enterprises posted 1999 revenues of $808.4 million, up 31.9% from 1998, and net income of $16.2 million, up 50% from 1998.
With record sales for 1999 and seven straight years of market share growth, Mack Trucks is "as strong as it's been in our 100-year history," says president and ceo Michel Gigou.
"Welcome to Washington, truckers," came the greeting on the CB from a base station as a convoy of 200 to 300 trucks rolled into Washington, DC, yesterday to demonstrate over the fuel price crisis. One of
February 22, 2000 - Industry News
Volvo Trucks North America expects to sell about 30,000 Class 8 trucks in North America this year, according to company sources. That's about 12.5% below the company's 1999 sales of 34,303 units.
Sweden's AB Volvo delivered 4,658 trucks in January, down 19% from 5,738 in January 1999. Although sales declined wordwide the company said orders have increased slightly since the beginning of the year
The European Commission may be worried that Volvo's purchase of Scania will give the new group more than 90% of the Swedish truck market, but truck buyers say that if the merger brings steep prices they'll simply shop other manufacturers.
Associates First Capital Corp. has partnered with Entrade Inc. to begin financing and selling trucks online.
Republican legislators in Washington state have proposed commercialization of rest areas to avoid closures.
Freightliner Corp. has signed a multi-year agreement to become a co-title sponsor of the Championship Auto Racing Teams (CART) FedEx Championship Series event at Portland International Raceway.
Qualcomm says that Daleville, IN-based Burlington Motor Carriers has agreed to replace its currently installed mobile communications system units with Qualcomm's OmniTRACS mobile information management system units.
Celadon Group's business-to-business web-based subsidiary, TruckersCo-op.Com Inc. has signed partnership agreenments with Pilot Corp. and Professional Transportation Partners, LLC.
Navistar International has changed the name of its operating company to International Truck and Engine Corp.
Capitol Hill echoed the blast of air horns today as hundreds of truckers convoyed into Washington, DC, to protest fuel prices that have more than doubled in the past three months.
More than 200 trucks, travelling under
DaimlerChrysler is looking at building a plant in the U.S. that will produce some 100,000 Mercedes-Benz trucks a year, a company executive told German reporters. European capacity will not meet projected sales volume from 2003, he said.
Canadian owner-operators defied a court order in Nova Scotia and slowed traffic in Quebec as they protested high fuel prices for a second day yesterday, and the protest could spread to Alberta
Independent truckers at the Port of Miami are returning to work this week after a two-week wildcat strike that sometimes turned violent
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