February 29, 2000 - Industry News
Delphi Automotive Systems Corp. has reached an agreement to buy the AP Distribution Services business of AP Group Limited for about $65 million cash.
Buoyed by the apparent success of last week's demonstration in Washington, DC, organizers are planning a second, larger convoy for March 16.
The recently formed National Owner Operator Trucking Assn. hopes to organize at least 200 trucks
After nearly a month-long wildcat strike, owner-operators of dump trucks in South Florida are back on the job
The National Transportation Exchange, Inc. has formed a strategic partnership with RightFreight.com, an Internet-based exchange for the air freight and logistics industries.
Kenworth Mexicana S.A. de C.V., a heavy duty truck manufacturing subsidiary of Paccar Inc., has reduced output of Class 8 trucks by 12.9%, sources disclosed.
Kenmex is now producing 27 units per day, down from 31 trucks
Ingersoll-Rand Co. has purchased a 70% interest in Tokyo-based Zexel Cold Systems, a manufacturer of transport refrigeration systems and bus air conditioning equipment. Terms of the deal were not disclosed.
Zexel will become part of Ingersoll-Rand's Climate
Flexfab Europe Ltd. has opened a new manufacturing plant in Nottingham, England. The 3,000 square foot facility produces high-performance hoses, ducts, bellows and other special shapes for the transfer of hot fluids and pressurized air in
February 28, 2000 - Industry News
Celadon Group has reached agreement with Comdata Corp. in which Comdata will provide over-the-road processing of various products and services offered by Celadon's TruckersCo-op.com to its members
Fleetclean Systems Inc., Hardin, TX, has signed a letter of intent to acquire Sani-Wash of Illinois, Inc. a privately-held internal tank wash facility based in Markham, IL.
Bulknet.com has launched a website offering load-matching services for registered shippers and tank truck carriers in the chemical industry
More than 20 port truckers walked off the job last week at a trucking company in Houston, and Teamsters leaders say 1,000 more will stop working March 13
A large Canadian provider of public access Internet terminals has signed an agreement with Petro-Canada to install Global VideoNET public Internet access terminals in truckstops and petroleum locations owned and/or managed by Petro-Canada
In response to suggestions from truckers and fleet managers, Truck Down Info International Inc. has made a major upgrade in the capabilities of its web site, www.truckdown.com.
The upgraded version encourages truckers and fleet managers to build
Truckomat Truck Wash has started construction of new facilities at two locations: Laredo, TX and Indianapolis, IN
GE Capital Fleet Services has purchased the corporate and utility fleet leasing portfolio of Bank of America Leasing and Capital Group. The portfolio, which includes some 26,000 commercial trucks and cars nationwide, will become part of GE Capital Fleet Services' North American business.
February 25, 2000 - Industry News
After a four-day strike, Maine log truckers returned to work Friday after reaching an agreement with Irving Forest Products
Dump truck owner-operators are nearing the four-week mark of their wildcat strike in the Miami area as they try to get trucking brokers to commit to raising rates
The vice president of the nation's largest owner-operator association had some harsh words for truckers who formed rolling roadblocks last Wednesday on I-75 in Ohio to protest high diesel prices
While estimates vary on the total number of drivers using the Internet, one job-matching company says there's no doubt about the growth in Internet usage in the past year
With a record 4,500 blood units collected this year for the American Red Cross, NATSO member truckstop/travel plazas have topped the 25,000 unit mark since the inception of the "Drive To Save Lives" program six years ago
NATSO Inc. has elected a new Executive Committee for the year 2000, headed by James Cardwell Jr. of Petro Stopping Centers in El Paso, TX, as chairman
The NATSO Foundation has more than doubled its scholarship awards for 2000. This year, twelve $2,500 awards will go to truckstop employees and their legal dependents who have shown academic excellence
The Iowa 80 Group, Inc., which operates the world's largest truckstop in Walcott, IA, has created a web site that now gives it global visibility: www.iowa80group.com.
The site includes an historical view of Iowa 80, as well
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.
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