April 23, 2003 - Industry News
Ryder System Inc., a leader in transportation and supply chain management solutions, reported earnings of $20.9 million for the first quarter of 2003, up 24% compared with $16.8 million in the year-earlier period.
More than 75% of the fleets polled by CK Marketing & Communications this month, indicated that they plan to purchase both power units and trailer
April 22, 2003 - Industry News
Yellow Corp. has reported first quarter 2003 income of $5.6 million, or $.19 per share, up substantially from about break-even performance in the first quarter of 2002
UPS has reported solid first-quarter results driven by its international and non-package businesses, with both segments generating strong revenue growth and record-setting profits
The Conference Board reported that its index of leading economic indicators fell 0.2% in March on top of a 0.6% decline over the prior two months.
CNF Inc. has reported first-quarter net income of $15.9 million, or 30 cents per diluted share. This compares with net income for common shareholders of $18.3 million, or 35 cents per diluted share, in the first quarter of 2002.
April 21, 2003 - Industry News
U.S. Xpress Enterprises Inc. announced higher operating revenues and earnings for the first quarter ended March 31, 2003.
Arkansas Best Corp. had a first-quarter 2003 net loss of $734,000, or $0.03 per common share, which included a $9.0 million pre-tax charge related to an interest rate swap on $110.0 million of the company's borrowings.
April 18, 2003 - Industry News
Heartland Express Inc. said revenues for the first quarter ended March 31, 2003 increased 29.4% to $94.8 million from $73.3 million in the first quarter of 2002.
April 17, 2003 - Industry News
Jacksonville, Fla.-based Landstar System Inc. reported record first-quarter net income of $10.2 million, or $.62 per share,
Transport Corporation of America Inc., a Minneapolis-St. Paul area truckload freight carrier, reported first-quarter revenues of $67.1 million,
USA Truck Inc., an Arkansas-based carrier, reported operating revenues, before fuel surcharge, of $65,714,114 for the quarter ended March 31, 2003
Marten Transport Ltd., a Wisconsin-based carrier, reported record first-quarter revenue of $79.3 million, compared with $68 million in the same period last year.
Randy Gunderman, president & CEO of Gain LLC, will present his Gain Train produce carrier training course all three days of the annual International Truck Show, scheduled June 26, 27 and 28 at the Las Vegas Convention Center
Knight Transportation Inc., a short- to medium-haul, dry van truckload carrier headquartered in Phoenix, Ariz., has reported increased revenues for the quarter ended March 31
Housing starts jumped 8.3% to a 1.78-million annual rate from February's weather-reduced total.
April 16, 2003 - Industry News
Omaha, Neb.-based Werner Enterprises Inc., one of the nation's largest truckload transportation companies, has reported higher operating revenues and earnings for the first quarter ended March 31, 2003.
April 15, 2003 - Industry News
FedEx Freight has been honored by Lowe's Home Improvement Warehouse, a major retailer of home improvement products and equipment, for its outstanding service
Schneider National Inc., one of North America's largest truckload carriers and a transportation services provider, has been named a Sears 2002 "Partners in Progress" award winner for a second consecutive year.
USF Red Star Inc., a USFreightways Corp. company, has bought Plymouth Rock Transportation Corp. and will begin service to all of its customers beginning April 21
Roadway Corp. said revenues for the 12 weeks constituting the company's first quarter, were $754,070,000, up 26% when compared to revenues of $598,967,000 for the same period last year.
J. B. Hunt Transport Services Inc. announced first quarter 2003 net earnings of $11.2 million, or 28 cents per share, up from $4.9 million, or 13 cents per share for the same period last year.
April 14, 2003 - Industry News
The National Transportation Safety Board, in conjunction with the Society of Automotive Engineers (SAE), will host a symposium on transportation vehicle recorders, June 4-5, 2003, in Arlington, Va.
April 11, 2003 - Industry News
The March Producer Price index from the Department of Commerce soared 1.6% from February on top of a 2.5% rise over the prior two months.
The Equipment Leasing Association's (ELA) president, Michael Fleming, told industry leaders in Chicago last week that there is pent-up demand for new equipment that will require companies to seek out more flexible financing to meet the demand
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