January 30, 2003 - Industry News
J. B. Hunt Transport Services Inc. has reported record annual net earnings of $51.8 million for 2002, or diluted earnings per share of $1.33 -- also a record number --
Old Dominion Freight Line Inc. has announced financial results for the fourth quarter and year ended Dec. 31, 2002.
USA Truck Inc. has announced operating revenues, before fuel surcharge, of $67,288,025 for the quarter ended Dec. 31, 2002, an increase of 9.7% from $61,361,075 for the same quarter of 2001
January 29, 2003 - Industry News
Covenant Transport Inc. has announced financial and operating results for the fourth quarter and year ended Dec. 31, 2002
January 28, 2003 - Industry News
CNF Inc., a $4.8-billion management company with businesses in regional trucking and trailer manufacturing, among others, has reported fourth-quarter net income from continuing operations of $24.2 million
Paced by record international performance, UPS has reported solid gains in both revenue and net income for the fourth quarter
Schneider National Inc., one of North America's largest truckload carriers, said it is adding 200 new regional truck driver positions in Virginia.
The company's expanded presence in the area will support Wal-Mart's new distribution center in Gordonsville.
Orders for durable goods increased in December while shipments fell. And consumer confidence in the economy fell in January, according to a pair of reports released Tuesday
January 27, 2003 - Industry News
Roadway Corp. has closed the previously announced sale of its Arnold Transportation Services subsidiary to a management group led by Michael S. Walters
January 24, 2003 - Industry News
Marten Transport, Ltd., Mondovi, Wis., has reported record revenues of $293.1 million for the year ended Dec. 31, 2002, compared with $282.8 million in 2001
SCS Transportation Inc., a Kansas City-based transportation company, has reported revenue of $194.3 million in the fourth quarter of 2002, up 5.1% from $184.8 million in the fourth quarter of 2001
Werner Enterprises Inc., one of the nation's largest truckload transportation companies, has reported higher operating revenues and earnings for the fourth quarter ended Dec. 31, 2002
January 23, 2003 - Industry News
A key measure of U.S. economic activity increased for the third month in a row during December according to figures released on Thursday
Yellow Corp. announced fourth quarter and full year 2002 operating results Friday that included an operating income that is four times that of the same period last year
January 22, 2003 - Industry News
The Massachusetts Motor Transportation Administration (MMTA) has announced a hazardous materials cargo ban on a number of tunnels
Overnite, a nationwide less-than-truckload company and over-the-road arm of the Union Pacific Corp., says that it has completed its best year since 1994
Heartland Express Inc. reports revenues increased 25.1% for the fourth quarter ended Dec. 31, 2002, to $92.0 million from $73.5 million in the fourth quarter of 2001.
Knight Transportation Inc. has announced increases in revenue, income from operations and net income for the quarter and 12 months ended Dec. 31, 2002.
Roadway Corp. says its revenues for the 16 weeks constituting the company's fourth quarter were $1,074,110,000, up 25.7% when compared to revenues of $854,640,000 for the same period last year
January 21, 2003 - Industry News
Roadway Corp. Chairman and CEO Michael W. Wickham was scheduled to open trading on the NASDAQ stock exchange this morning
Celadon Group Inc. said this month's ruling by the 9th U.S. Circuit Court of Appeals Court in San Francisco that Mexican-manufactured trucks could not move freight between borders will reduce its 2003 earnings by roughly 20 cents per share
Arkansas Best Corp. has announced fourth quarter 2002 net income of $14.5 million, or $0.57 per diluted common share, compared to fourth-quarter 2001 net income of $9.5 million, or $0.38 per diluted common share
Housing starts in the United States soared to a 16-year high according to figures released Tuesday, while a separate report from last week shows manufacturing production is down
January 17, 2003 - Industry News
Crescent Truck Lines, a unionized carrier in Hayward, Calif., is suspending its LTL operation effective immediately
January 16, 2003 - Industry News
A new report released Thursday by a national transportation research group finds that America's interstates are increasingly congested because new travel is rapidly outpacing existing capacit
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