April 10, 2003 - Industry News
The U.S. trade deficit improved 3.2% in February as the balance of services improved, goods exports rose 1.1% and goods imports fell 0.2%, according to the Department of Commerce.
April 9, 2003 - Industry News
Consolidated Freightways Corp has exercised its right to terminate a letter of intent to sell substantially all of the assets owned and used by its Canadian subsidiaries, Canadian Freightways (CFL)
Overnite Transportation Co., one of the nation's largest less-than-truckload carriers, says it reduced transit times this week from both New York City and Miami to locations in 16 states and Western Canada.
April 8, 2003 - Industry News
USFreightways Corp. said it expects earnings from operations for the first quarter, which ended April 5, 2003, will be in the range of 10- to 16-cents per share instead of the 22- to 30-cent guidance presented earlier.
April 7, 2003 - Industry News
The board of directors of Werner Enterprises Inc., Omaha, Neb., declared a regular quarterly cash dividend of 2 cents per share payable to stockholders of record on April 21, 2003.
Ryder System Inc., a global leader in transportation and supply chain management solutions, and the University of Miami have announced seminar dates for the University of Miami Anthony Burns Center for Advanced Supply Chain Management.
April 4, 2003 - Industry News
Heartland Express Inc. has announced the purchase and planned purchase of regional operating terminals in or near Columbus, Ohio; Carlisle, Pa.; Chester Va.; and Memphis Tenn.
As part of the largest real estate sale in transportation history -- 220 properties with an appraised value of more than $400 million -- Consolidated Freightways is placing a number of its distribution facilities on the auction block this Thursday
Even with 108,000 fewer jobs, the labor market report for March was still better than the report for February, says Jim Haughey, Newport Communication's senior economist
April 3, 2003 - Industry News
The SARS virus has begun to slow economic activity in Asian economies, says Newport Communications' senior economist Jim Haughey.
USFreightways Corp. is asking its shareholders to change its name to USF Corp
April 2, 2003 - Industry News
New Penn Motor Express Inc., Lebanon, Pa., recently received the Outstanding Carrier Award Chanel Inc
SKF and Chicago Rawhide have announced the winners of their Heavy-Duty Cash/Harley-Davidson contest.
Nondurable goods orders and shipments dropped 1.4% in February from January according to a new report from the Department of Commerce.
April 1, 2003 - Industry News
The March manufacturing index from the Institute of Supply Management (ISM) dropped to 46.2 in March from 50.5 in February over concerns about the impact of the war in Iraq.
March 31, 2003 - Industry News
Ryder System Inc. said it will equip 5,500 Dedicated Contract Carriage trucks and tractors with PrePass, giving its drivers the opportunity to bypass weigh stations
Now that the dust has settled on the fairgrounds in Louisville, Ky., Exhibit Management Associates Inc. has proclaimed the 2003 Mid-America Trucking Show a resounding success
March 28, 2003 - Industry News
Con-Way Southern Express (CSE), a regional less-than-truckload business-to-business freight carrier is expanding its freight handling capacity in the southwest Atlanta metropolitan area
Personal income rose 0.3% in February, on track with the trend over the past year, but nervous consumers kept consumption spending unchanged while the volume of consumer purchases, after inflation, fell 0.4% due to soaring energy prices.
Five musical performers from the trucking industry were the big winners in the "Stars of the Road" talent search, which had its debut at the Mid-America Truck Show in Louisville last month
March 27, 2003 - Industry News
February manufacturing shipments fell 1.6% and orders dropped 1.2% in a new Commerce Department report released Thursday
March 26, 2003 - Industry News
Tom Gardner, co-founder of the Motley Fool, heads a slate of speakers at the American Truck Dealers (ATD) 40th annual convention and exposition April 12-14 at the Pennsylvania Convention Center in Philadelphia.
Greg L. Hoover of Atlas has been promoted to the position of senior vice president, sales development for the Atlas Relocation Services Group.
For a second consecutive year, Frito-Lay North America has awarded all four of the Con-Way Transportation Services Inc. regional less-than-truckload freight carriers their "LTL Carrier of the Year" award.
Deutsche Post, owner of the DHL package-shipping service, has agreed to purchase Airborne Inc.'s ground operations and other assets for $1.05 billion in order to gain a U.S. truck delivery network and compete with FedEx and UPS.
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