April 24, 2000 - Industry News
ALK Associates, Princeton, NJ, has released the PC Miler 14 product line, an enhanced version of its routing, mileage, and mapping software products.
WebTransport, Dallas, TX is beta-testing an online trading exchange targeted at small-to-mid-sized carriers and shippers which is expected to go live in June.
CIT Equipment Financing, Livingston, NJ, has re-launched its web site, eFinance-it.com, an application for equipment buyers with a variety of finance and industry resource functions
Burlington Motor Carriers, Daleville, IN, has announced a new pay package for drivers which increases overall wages of longhaul company drivers up to 13 percent. Longhaul drivers who have 10 or more years of experience will
Steel hauler Steve Williams, president of Maverick Transportation in Little Rock, AR, has a bold solution for his driver shortage.
At a time when other truckload fleets are talking about raising driver pay by a couple of
April 22, 2000 - Industry News
Fleetworks.com is no more. But Fleetscape is alive, well and ready to fight the Internet battles to come.
In March, Meritor and two partners announced the launch of Fleetworks.com, a parts exchange for the U.S. commercial medium-
April 21, 2000 - Industry News
A grassroots group of truckers is promoting a campaign they're calling "Make May Matter," asking truck drivers to run scrupulously legal log books during May in a form of protest against what it views as intrusive
Vice President Al Gore Friday had lunch with Teamsters President James P. Hoffa, who continues to withhold his union's endorsement
As part of Earth Day ceremonies on Friday, Vice President Al Gore announced a research partnership with many of the nation's largest heavy-duty engine and truck manufacturers to develop super fuel-efficient, low-emission engines
The Descartes Systems Group and Teletrac have announced a strategic distribution arrangement under which Teletrac will offer Descartes' Web-based route optimization software, a service that provides routing and scheduling on a fee-per-transaction basis to subscribers over the Web
Oshkosh Truck Corp. reported a net income of $13.9 million for its second fiscal quarter, an increase of 113% over $6.5 million for second quarter 1999. Second quarter sales were $331 million, up from $299 million a year ago
Rush Enterprises posted first quarter 2000 net income of $1.1 million on gross revenues of $210 million versus $3.3 million on revenues of $177.8 million in first quarter 1999. Results for this year included a $1.5 million loss provision to increase the company's reserve for used truck valuation and repossession losses
Dorsey Trailers posted a first quarter 2000 net profit of $94,000 on sales of $45.1 million. Net income for the same period last year was $512,000 on sales of $44.8 million.
John Pugh, CEO, said new trailer
April 20, 2000 - Industry News
Overnite Transportation emphasized a 6.4% increase in first quarter revenue compared to last year and a turnaround from the previous quarter's losses when it reported its first-quarter financial results yesterday, but the Teamsters union attacked the report as "creative bookkeeping."
Overnite reported first quarter operating income of only $500,000, compared to $10.3 million in the first quarter of 1999
Sixteen ballots have been challenged in the Teamsters representation election at less-than-truckload carrier SAIA Motor Freight in Grand Prairie, TX, where the union lost by only one vote
Michelin is opening a tire plant in Independence, VA, which will initially support Volvo Trucks North American in Dublin
Williams Travel Center will build a facility on a 19-acre site in Fort Worth, TX, within the Alliance development along Interstate 35W
Higher interest rates and diesel fuel prices, coupled with a driver shortage and increased supply of used trucks, will likely impact demand for on-highway truck engines in North America. But Caterpillar says it expects its engine sales to remain near 1999 levels with increased market share in the medium and heavy duty truck segments plus higher demand for other engines
Preliminary first quarter reports put Detroit Diesel Corp. revenues at $536 million and net income at $10.1 million
Meritor Automotive reported net income of $57 million for its fiscal 2000 second quarter, an increase of 14% over second quarter 1999
Core Materials Corp. says it has reached a tentative deal with Mack Trucks to manufacture and assemble fiberglass reinforced molded products for current and future Mack Class 8 models
April 19, 2000 - Industry News
Canadian Teamsters began a job action at Overnite Transportation Company's eight terminals in Canada yesterday
The Teamsters union has filed a civil suit against ousted President Ron Carey and nine other individuals and groups.
The union alleges racketeering, embezzlement, breach of fiduciary duties and legal malpractice in what it calls "a wide-ranging plot to loot the union treasury in order to bolster the 1996 re-election campaign of disgraced former Teamster General President Ron Carey."
If successful, the union stands to recover more than $9 million
U.S. trucking companies aren't the only ones facing a severe shortage of qualified, trained truck drivers. A European trucking association says it's bad on the other side of the Atlantic, as well
The National Highway Traffic Safety Administration has announced the recall of nearly 1,000 Peterbilts for a possible engine fire problem
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