April 19, 2000 - Industry News
While many other truckload carriers are reporting drops in earnings, Heartland Express, Coralville, IA, has reported an increase in first quarter net income. The fleet took in more than $9.1 million, compared to nearly $7.6 million
First quarter earnings for truckload carrier Swift Transportation dropped slightly due to higher fuel costs
April 17, 2000 - Industry News
First quarter revenue for J.B. Hunt Transport Services, Lowell, AR, rose 13% to $534
million, but net earnings dropped over 50% to $5 million, down from $10.6 million in the first quarter of 1999.
Werner Enterprises, Omaha, NE has reported a drop in earnings for the first quarter ended March 31, 2000 due to higher fuel prices. Operating revenues increased 21% to a record $291.4 million, compared to $241 million
April 14, 2000 - Industry News
Averitt Express, Cookeville, TN, has purchased 750 Volvo 660s and 750 Volvo VNM daycabs to be delivered over three years starting this month
April 13, 2000 - Industry News
Simon Transportation Services, Salt Lake City, UT, is back in the black with the announcement of its financial results for the quarter that ended March 31
Landstar System, Jacksonville, FL, reported record first quarter net income of $8.3 million, up from $7.5 million in the 1999 first quarter
USFreightways Corp., Rosemont, IL, has reported net income for the quarter ending April 1 $22.3 million, a 27% increase over the $17.5 million reported for the same period last year
Roadway Express, Akron, OH, has expanded its Mexican operations with the opening of a new service terminal in Queretaro
Class 6-8 vehicles operated at an average 83.5% capacity in first quarter 2000, up 2.1 percentage points from first quarter 1999, according to the latest survey by MacKay & Co. Researchers said this was the highest utilization rate since 1988.
The survey of 1,357 truck and bus fleets also indicated strong demand for truck transportation highlighted by an unusually small decline in utilization from fourth to first quarter
April 12, 2000 - Industry News
Budd Van Lines has opened a full-service, regional operation center in Kennesaw, GA
Tri-White Corp., Toronto, ON, has reached an agreement to sell its Trucking Group, comprised of both the Full-Load and Logistics Divisions of Tri-Line Expressways Ltd., and High-Tech Express & Distribution Ltd. to TCT Logistics Inc. for $44 million
Roadway Express, Akron, OH, has reported net income of nearly $10.4 million for the first quarter ended March 25, 2000, up 31% from net income of $7.9 million in the first quarter
Skyway Freight Systems Inc., an interstate trucking company headquartered in Watsonville, CA, filed for protection from creditors under Chapter 7 of the United States Bankruptcy Code on Friday, April 7, 2000.
Consolidated Freightways, Menlo Park, CA, has partnered with U.S.Customs to automate in-bond freight customs clearances
A lawsuit filed against United Parcel Service claims the company's policies regarding delivery deadlines contributed to a fatal accident
The Oregon Department of Transportation has reopened the Oregon Coast Hwy. (U.S. 101) Cape Cove Slide, approximately 13 miles south of Yachats
Florida will renumber exits on its interstates to correspond with the closest mileage marker, as is done in most other states, rather than numbering them sequentially as they are currently
April 11, 2000 - Industry News
The U.S. Department of Commerce has revised trailer sales data for 1998 from 344,312 units to 277,419 units. This is more in line with manufacturer surveys done by Economic Planning Associates which put 1998 total sales at 280,350
April 10, 2000 - Industry News
Rumble strips have been installed on a 16-mile stretch of Interstate 84 east of Boise, ID
April 7, 2000 - Industry News
Penske Truck Leasing, Reading, PA, has purchased the assets of McDevitt Transportation Services, a truck rental and leasing company based in Manchester, NH. Penske will operate directly from the existing McDevitt leasing facility.
Con-Way Southern Express, a division of Con-Way Transportation Services, Ann Arbor, MI, is replacing its Richmond facility with a new freight assembly center in Chester, VA. Construction is expected to be completed in November.
The Surface Transportation Board has denied a request to continue proceedings for the proposed merger of the Burlington Northern Santa Fe and the Canadian National railway systems.
New Prime Inc. president Robert Low has reportedly requested a list of KLLM Transport Services Inc. stockholders, possibly to solicit consent to remove the KLLM board of directors.
Low owns 13% of KLLM shares and has expressed
Interstate 44 in south central Missouri near St. Robert is closed as bridge repairs are made following a fatal truck wreck
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