Fleet Management

Fleets

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April 26, 2000 - Industry News

Transport Corp. Posts Record Revenues, Lower Income

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

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April 25, 2000 - Industry News

P.A.M. Transportation Has Solid Quarter

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

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April 25, 2000 - Industry News

Overnite In The Black For First Quarter

Despite an ongoing Teamster protest, Overnite Transportation Co., Richmond, VA, was in the black in the first quarter

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April 25, 2000 - Industry News

Knight Income Rises, Despite Fuel Prices

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.

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April 25, 2000 - Industry News

Old Dominion Earnings Drop Slightly

Earnings at Old Dominion Freight Line, High Point, NC dropped slightly in the first quarter

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April 24, 2000 - Industry News

J.B. Hunt Gets Big Wal-Mart Contract

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.

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April 24, 2000 - Industry News

Seven Regional Fleets Merge

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

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April 21, 2000 - Industry News

Yellow Gets Good Start to 2000

"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

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April 21, 2000 - Industry News

Hub Group Has First Quarter Loss

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.

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April 21, 2000 - Industry News

Ryder Posts Strong First Quarter

Ryder System Inc. reported first quarter revenue from continuing operations of $1.31 billion, up 14% from first quarter 1999.

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April 21, 2000 - Industry News

Covenant Earnings Slip 37%

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.

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April 21, 2000 - Industry News

Earnings Rise at CNF

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

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April 21, 2000 - Industry News

Higher Fuel Costs Hurt M.S. Carriers Results

Higher fuel prices reduced the earnings per share of M.S. Carriers by 13 cents in the first quarter, the company says.

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April 21, 2000 - Industry News

Trism Orders 315 New Freightliners

Specialized carrier Trism Inc. has ordered 315 new Freightliner Columbia 2001 model year tractors

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April 20, 2000 - Industry News

KLLM Chairman Makes Bid For Company

Jackson, MS-based KLLM Chairman Jack Liles has made an offer to buy the company in a deal reportedly worth more than $33 million

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April 20, 2000 - Industry News

UPS Posts Best Quarter Ever

UPS reported record results for the first quarter, with a 63% jump in net income for the quarter ending March 31

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April 20, 2000 - Industry News

Landstar Launches Landstarmail.com

Landstar System, Jacksonville, FL, has introduced a new e-mail service exclusively for its agents and independent contractors

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April 20, 2000 - Industry News

Rollins Posts Record Second Quarter

Rollins Truck Leasing Corp. posted record net earnings of $14.4 million for its second fiscal quarter ending March 31 -- up 29% from the same period last year and a company record

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April 20, 2000 - Industry News

Earnings Plunge at Smithway Motor Xpress

Operating revenue at Smithway Motor Xpress Corp., Fort Dodge, IA, increased 7.3% to $50.7 million in the first quarter from $47.3 million during the same quarter in 1999. Net earnings were $238,000, or $0.05 per diluted share,

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April 19, 2000 - Industry News

American Freightways Relocates Terminals

American Freightways Corp., Harrison, AR, has relocated 12 terminals to newly constructed facilities. The new facilities are said to double American Freightways' capacity to serve its customers in these markets

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April 19, 2000 - Industry News

Heartland Posts Earnings Increase

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

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April 19, 2000 - Industry News

Swift Earnings Drop Slightly

First quarter earnings for truckload carrier Swift Transportation dropped slightly due to higher fuel costs

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April 17, 2000 - Industry News

J.B. Hunt Earnings Drop Over 50%

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.

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April 17, 2000 - Industry News

Werner Earnings Drop Due to Fuel Prices

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

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April 14, 2000 - Industry News

Averitt Signs Deal For 1,500 Volvo Trucks

Averitt Express, Cookeville, TN, has purchased 750 Volvo 660s and 750 Volvo VNM daycabs to be delivered over three years starting this month

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