February 1, 2000 - Industry News
Freightliner has partnered with Detroit Diesel and Siemens to test an advanced diesel emissions reduction system in a fleet of eight Argosy Class 8 cabovers operating in California.
DaimlerChrysler is investing $100 million in Sirius Satellite Radio and plans to begin offering satellite radio systems in cars and trucks beginning next year.
The financially strapped Nissan Diesel is reportedly hoping to cut material and component procurement costs 20% over the next three years through the worldwide purchasing assistance of Renault's truck subsidiary Renault V.I
DaimlerChrysler has restructured its commercial vehicles division to increase its global presence in heavy trucks, vans and buses.
Paccar says improved margins, excellent production efficiency, and strong truck demand in Europe and North America contributed to record sales and earnings in 1999.
The Professional Truck Driver Institute has worked with more than 800 carrier representatives, driver training schools and the insurance industry to develop driver finishing standards.
The American Trucking Assns.filed a lawsuit in U.S. District Court in Newark, NJ, saying a New Jersey state regulation that severely limits interstate tractor-trailer travel through the state is unconstitutional
January 31, 2000 - Industry News
Yellow Freight System, Overland Park, KS, has expanded its website to allow customers to obtain to-the-penny rate quotations for specific shipments
Transportation Technologies Industries has agreed to a management buyout led by chairman/CEO Thomas Begel and president/COO Andrew Weller.
French truck drivers yesterday set up roadblocks in the first of several planned this week in protest of a deal the government made with trucking companies last month over a shorter work week
Allegations of a company "hit list" against union supporters, widely publicized by the Teamsters Union as the spark for picketing against Overnite Transportation, have been dismissed by the National Labor Relations Board
Memphis-based M.S. Carriers will provide the test site for a strategic alliance with the Puerto Rican government to provide truck drivers for the U. S.
Honeywell's Thermal Systems business has agreed to purchase the assets of Corona, CA, based Hayden Industrial Products LLC. Terms of the deal were not disclosed.
Debt burdened Nissan Diesel Motor Co. is about to get some relief from its creditor banks, according to Reuters news service. A spokesman for Industrial Bank of Japan, one of Nissan Diesel's main creditors, told the Japanese press that announcement of a deal could come as early as this week.
Associates First Capital Corp. reported record earnings for fourth quarter 1999 and the full year.
German truck maker MAN has purchased Western Star's British truck subsidiary ERF. MAN will pay 65 million pounds (approximately $108 million US) and assume ERF debts of 23 million pounds ($38 million US).
January 30, 2000 - Industry News
Independent truckers who haul containers in and out of six eastern ports will rally today to protest skyrocketing diesel prices and demand that their industry adopt a Port Trucker Bill of Rights
January 28, 2000 - Industry News
Yellow Corp., Overland Park, KS, has changed the name of its 400-person technology development subsidiary, Yellow Services, to Yellow Technologies Inc.
Kelowna, BC, based Western Star Holdings posted record earnings of $14.5 million (US$10 million) on revenues of $499.2 million (US$345.5 million) for its second fiscal quarter ending December 31. Income for the quarter up 125% from second quarter 1998, revenue was up 9%.
Cummins Engine reported fourth quarter 1999 earnings of $70 million on sales of $1.84 billion -- both records. Earnings excluded a pre-tax charge of $60 million for costs associated with the dissolution of its joint venture Wartsila NSD, announced last month.
GE Capital Fleet Services' Dealer Services division has a new online service to help dealers expedite transactions and reduce administrative and processing times.
Several truck, bus and construction industry groups have filed suit against the California Air Resources Board, charging that the agency erroneously listed ambient levels of diesel exhaust as a toxic air contaminant.
The California Trucking Assn., the
Ryder System is working with the U.S. Department of Labor's Job Corps program to provide employment opportunities for new truck technicians.
Tube Turns Technologies, a subsidiary of Sypris Solutions Inc., has been awarded a $120 million contract to supply Meritor Automotive with drivetrain axles for Class 5-8 trucks.
Despite a drop in sales and profits last year, Bandag chairman and CEO Martin Carver says the company is in a better position than it's ever been to meet the challenges of an evolving industry.
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