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.
The American Lung Assn. has asked the U.S. Supreme Court to review a lower court ruling that the U.S. Environmental Protection Agency overstepped it authority with new air pollution rules
January 27, 2000 - Industry News
More than 100 engine owners who sued diesel engine makers over a deal struck with the federal government on emissions have been dealt a setback, but say it's not the end of the suit
On Jan. 12, a judge in the U.S. District Court for the Central District of California granted a motion to dismiss the class-action suit, originally filed last September in Los Angeles Superior Court
The American Moving and Storage Assn. projects that proposed federal ergonomics standards will cost the moving and storage industry alone $3.6 billion a year, far more than federal forecasts
Norwegian truckers blockaded roads twice this week to protest high fuel taxes
A new Texaco Travel Center is scheduled to open next month in LaPlace, LA, at the intersection of Interstate 10 and U.S. 51
Freightliner Arizona last week celebrated moving to a larger facility in Tolleson, AZ, with a grand opening ceremony
January 26, 2000 - Industry News
After declining steadily in recent years, trucking rates at the U.S.-Mexico border are expected to stabilize or even increase because of a law that took effect on Jan. 1.
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