April 13, 2000 - Industry News
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
April 6, 2000 - Industry News
Over the next three weeks, beginning Tuesday night, April 11, expect lane closures as well as traffic stoppages on I-95 at Springfield, VA, weeknights between 9 p.m. and 5 a.m
Asche Transportation Services, Shannon, IL, has had to delay filing its annual financial statements
April 5, 2000 - Industry News
ITS Management plans to hold a truck convoy down Las Vegas Boulevard and a big rig beauty contest as part of the 2000 International Trucking Show, June 28-30, in Las Vegas, NV.
Approximately 80-100 rigs are expected
KLLM Transport Services now has two suitors. A couple of weeks ago New Prime Inc. president and CEO Robert Low said he was interested in buying the Jackson, MS, based truckload carrier and said an offering price of $7.60 a share would be feasible.
Reacting to trucker complaints about long waits and slow turnaround times, at least two intermodal terminals in New Jersey are working on improving the flow of trucks in and out of their facilities
April 4, 2000 - Industry News
The 20th annual World's Greatest Working Truck Show has been scheduled for June 10-11 at the Fairplex in Pomona, CA. Proceeds from the event will benefit Abilityfirst, formerly known as the Crippled Children's Society of Southern
Hub Group, Lombard, IL, has signed a letter of intent to sell its interest in Hub Group Distribution Services. The transaction is expected to close by the end of the second quarter, and once the
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