May 1, 2000 - Industry News
Railroads are becoming more brazen about accepting public money to fund track expansions. According to The Wall Street Journal, Norfolk Southern Corp. wants the state of Virginia to help it pay the projected $900 million to
April 28, 2000 - Industry News
KLLM Transport Services, Inc., Jackson, MS lost $1.0 million in the first quarter, compared with a net loss of $225,000 a year ago. Operating revenue was $57.6 million compared
with $55.3 million for the first quarter of
OTR Express, Olathe, KS, had a net loss of $814,000 in the first quarter, compared to net income of $144,000 in 1999. The company is in the process of restructuring and hopes to increase the number of owner-operators
Landair Corp. said first quarter operating revenue increased to $33.1 million compared with $31.9 million for the same quarter in 1999, but it had a net loss of $139,000. The company had net income of $421,000
Car-hauling giant Allied Holdings Inc., Decatur, GA, had a net loss of $1 million in the first quarter. The company said higher fuel costs, net of the surcharges, reduced earnings in by approximately $1.6 million, or
Consolidated Freightways Corp., Menlo Park, CA, had a net loss of $3.0 million in the first quarter after non-recurring charges. It had net income of $1.1 million before the charges. Net income for the same period
April 27, 2000 - Industry News
Truckers crossing the Connecticut River between Springfield, VT. and Charlestown, NH won't have to pay toll anymore, beginning this summer.
New Hampshire Gov. Jeanne Shaheen signed into law Friday the abolition of the toll over the
April 26, 2000 - Industry News
USA Truck, Inc., Van Buren, AR, suffered a first quarter loss it says was due largely to high fuel prices. The truckload fleet had record operating revenues of $55.1 million, up 52.3% from $36.2 million for
Transport Corporation of America, Minneapolis, has announced record revenues for the first quarter 2000 of $72.2 million, representing a 7.5 percent increase over 1999 first quarter revenues of $67.1 million.
First quarter net income, prior to
The Maintenance Council’s annual summer meeting will be held June 12-14 at the Westin La Paloma in Tucson, AZ. Topics of discussion will include “What’s Happening to Engine Cooling Systems,” “Fuel Management Strategies” and “Special Government/Industry
The D.C. Circuit Court has promised to expedite review of an appeal to stay the railroad merger moratorium imposed by the Surface Transportation Board.
The Burlington Northern Santa Fe Railroad filed the appeal after the STB announced
April 25, 2000 - Industry News
P.A.M. Transportation Services, Tonitown, AR, has reported net income of $2.1 million for the quarter ended March 31, 2000, compared to net income of $2.8 million for the quarter ended March 31, 1999. Revenues for the
Despite an ongoing Teamster protest, Overnite Transportation Co., Richmond, VA, was in the black in the first quarter
Knight Transportation Inc., Phoenix, AZ had higher income for the first quarter, despite higher fuel prices. The fleet reported operating revenue of $43.6 million, up 30 percent from $33.5 million for the same quarter of 1999.
Earnings at Old Dominion Freight Line, High Point, NC dropped slightly in the first quarter
April 24, 2000 - Industry News
J.B. Hunt Transport Inc. has contracted with Wal-Mart Stores Inc. to run truckload, rail and fleet service for 31 Wal-Mart distribution centers nationwide.
Seven companies focused on intermodal trucking, regional truckload and related logistics
services from across the U.S. will merge into RoadLink USA to form a national company with 50 service locations from coast-to-coast
April 21, 2000 - Industry News
Illinois is launching a campaign to get heavy trucks enrolled in the state tollway's I-PASS electronic toll collection system
"We're off to a good start in 2000," Bill Zollars, Yellow Corp. chairman, president and ceo said commenting on the LTL fleet's first quarter results.
The company had net income of $10.5 million, compared with net income
Hub Group, Inc., Lombard, IL, reported a loss in the first quarter largely attributable to one-time charges of approximately $700,000 and dramatically higher fuel costs.
Ryder System Inc. reported first quarter revenue from continuing operations of $1.31 billion, up 14% from first quarter 1999.
Higher fuel costs sent the first quarter earnings of Covenant Transport, down 37%, to $2.0 million from $3.2 million in the 1999 period.
CNF Inc., Palo Alto, CA, has reported first quarter operating income of $73.4 million, compared with $66.1 million in the same quarter a year ago. Revenue was $1.46 billion, up 17 percent
Higher fuel prices reduced the earnings per share of M.S. Carriers by 13 cents in the first quarter, the company says.
Specialized carrier Trism Inc. has ordered 315 new Freightliner Columbia 2001 model year tractors
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