April 21, 2000 - Industry News
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
Trucking environmental policy expert Allen Schaeffer has joined the issues management firm of Rowan & Blewitt, where he will work on a campaign to promote the diesel engine as the workhorse of American industry
April 18, 2000 - Industry News
Six of the world's leading tire and rubber makers are forming an online marketplace for doing business.
Michelin of France and Continental AG of Germany, join U.S. tire giants Goodyear Tire & Rubber Co. and Cooper
New Research May Give Feds More Power To Clean Up Diesel Engine Emissions
Teamsters Member Charged With Beating Trucker
Seven Carriers Merge To Form Intermodal, Truckload, Logistics Venture
One Of Four Charged In Murder/Truck Hijacking Ring Pleads Guilty
The Owner-Operator Independent Drivers Assn. has won the right to proceed with a lawsuit over leasing after the Supreme Court declined to hear an appeal from Missouri-based trucking company Prime Inc. on the 8th Circuit Court of Appeals ruling upholding private right of action
A Teamsters member has been charged in a Missouri attack on an independent driver hauling for Associated Wholesale Grocers which locked the union out of its Springfield, MO, and Kansas City, KS, trucking and warehouse operations April 1
The number of trucks crossing the U.S.-Mexican border near Laredo, TX, has risen more than 50% since last weekend's opening of a new international bridge
April 17, 2000 - Industry News
Insurer Liberty Mutual Group is now offering its Decision Driving Interactive Training Program on CD-ROM. The program is designed to improve a driver's ability to see hazards before they become dangerous and choose the best course
When there were no limos to be had for Tulsa, OK's, busiest prom night, it was no problem for 17-year-old Adam Gobbo. He took his date to the prom in a 460-horsepower, black-cherry Mack Vision.
The American Lung Assn. last week praised new research it says "vindicates" the Environmental Protection Agency's 1997 clean-air standards, which were put on hold after a legal challenge.
The new research was unveiled last week during a press conference in Atlanta sponsored by the Health Effects Institute, a nonprofit research center funded jointly by industry and the EPA
After about half of Louisiana's parishes outlawed truckstop video gambling last summer, two parishes recently took actions against truckstops related to the controversial machines
Legislation passed by Illinois lawmakers last week would make it easier for law enforcement officers to cite truck drivers for debris that could fly loose
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