Fleet Management

Fleets

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May 25, 2000 - Industry News

CF Expands Network in Mexico

Consolidated Freightways (CF) has announced the continued expansion of it's Mexican-based subsidiary with the opening of a new terminal at Torreon Coahuila. The facility broadens the service area of CF Mexico, which now claims to operate the largest LTL network in Mexico

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May 25, 2000 - Industry News

Intrenet Buys Mack Tractors

Flatbed fleet Intrenet, Inc., has announced that it's upgrading its tractor fleet by acquiring 225 new Mack Vision tractors

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May 24, 2000 - Industry News

M.S. Carriers Opens Border Terminal

M.S. Carriers Inc. has announced the opening of its new $8 million Laredo, Texas, terminal, being dubbed the "largest trucking facility of its kind along the U.S. border with Mexico." The 65,000 square foot terminal facility is

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May 24, 2000 - Industry News

FedEx Ground Expands Corporate Headquarters

FedEx Ground (formerly RPS) broke ground yesterday on a 156,000-square-foot addition to its corporate headquarters in Moon Township, PA. Construction is expected to be completed by late summer of 2001

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May 23, 2000 - Industry News

Simon Declines Moyes Offer

Simon Transportation Services said yesterday that Richard D. Simon, chairman and chief executive officer, had rejected an offer made by Jerry Moyes to purchase shares of Simon Class A and Class B Common Stock at a price of $7.00 per share

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May 22, 2000 - Industry News

Liles Withdraws Bid For KLLM

Refrigerated carrier KLLM Transport Services Inc. said Monday that the group headed by its Chief Executive Officer Jack Liles III has withdrawn its bid to acquire the company for $8.25 per share

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May 22, 2000 - Industry News

American Freightways Expands in Arizona

American Freightways plans to extend direct service to all points in Arizona by opening five customer centers in the state by mid-July

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May 22, 2000 - Industry News

Landstar Honors 24 Contractors

Landstar System, Inc., recently honored 24 of its contractors as Roadstars at its annual convention in Miami, FL.

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May 22, 2000 - Industry News

Schneider Division Recognized for Safety

Schneider Specialized Carriers (SSC) recently received two awards at the Specialized Carrier & Rigging Association (SC&RA) annual conference in Napa Valley, California.

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May 22, 2000 - Industry News

Malone Opens Two Terminals

Malone Freight Lines, Inc., has added terminals in Charleston, SC, and New Orleans, LA

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May 22, 2000 - Industry News

University Honors Fleet CEO

Myron P. "Mike" Shevell, Chairman and CEO of New England Motor Freight (NEMF), has received the coveted Salzberg Medallion from Syracuse University

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May 19, 2000 - Industry News

PTG Buys California LTL Carrier

Professional Transportation Group, Marietta, GA is buying Dedicated Transportation Services, Inc., an LTL carrier based in Santa Ana, CA

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May 18, 2000 - Industry News

Fuel Prices, Used Truck Sales Affect Werner Earnings

Werner Enterprises, Omaha, NE, announced yesterday that continued high fuel prices and a weak market for the sale of used trucks are affecting earnings

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May 18, 2000 - Industry News

Landstar Receives $300 Million DOT Contract

The U.S. DOT tapped Landstar System, Jacksonville, FL, to receive the $300 million single-source nationwide Emergency Transportation Services contract

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May 15, 2000 - Industry News

Penske Buys Marano Truck Leasing

Penske Truck Leasing has purchased the assets of Marano Truck Leasing, a truck rental and leasing company located in north Philadelphia

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May 11, 2000 - Industry News

Werner: Double Digit Growth May be Over

Werner Enterprises may be about to end its eight-year run of double-digit income growth. Although the company’s first quarter 2000 revenue was up 21% from first quarter 1999, Chairman and CEO Clarence Werner reportedly told stockholders that, under current conditions, he doesn’t expect revenue for the year to be up more than 8% to 10%. This would be the first time since 1991 that the carrier’s growth was less than 10%

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May 10, 2000 - Industry News

Marten Opens New Georgia Terminal

Marten Transport, Ltd., Mondovi, Wl, has opened a new terminal in Forest Park, GA, that will replace the existing Jonesboro, GA, terminal

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May 10, 2000 - Industry News

Marten Transport Buys Volvos

Marten Transport has begun adding Volvo tractors to its fleet. The Mondovi, WI based refrigerated carrier has initially purchased 20 Volvo 660 tractors from Central Truck of Madison, WI. Marten's management and drivers say

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May 9, 2000 - Industry News

Bidding Continues For KLLM

The battle over ownership of KLLM Transport Services continues as a special committee reviews the latest takeover offers. Details are confidential but the panel, including a KLLM board member and three from outside the company, is looking at revised offers from New Prime Inc. owner Robert Low and from KLLM chairman, president and CEO Jack Lilies III and his partner, WorldCom chief Bernie Ebbers

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May 8, 2000 - Industry News

CF To Acquire Air Freight Forwarder

Consolidated Freightways has signed a letter of intent to purchase FirstAir, Inc., an airfreight forwarder based in St. Paul, MN

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May 4, 2000 - Industry News

FedEx Forms E-Commerce Division

FedEx Supply Chain Services, a third-party provider of integrated supply chain solutions, has created a new division named FedEx eLogistics to focus on providing businesses end-to-end electronic commerce logistics solutions

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May 4, 2000 - Industry News

Arnold Industries Has a Good Quarter

First quarter operating revenues rose 14% and net income increased 10% compared to the first quarter of 1999 for Arnold Industries, Lebanon, PA

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May 4, 2000 - Industry News

Boyd Bros. Hit By Higher Fuel Costs

First quarter results for Boyd Bros. Transportation, Clayton, AL, were hit by significant increases in fuel costs

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May 2, 2000 - Industry News

Kenan Experiences Steady Growth

Kenan Transport Co., Chapel Hill, NC, reported solid results for the first quarter of 2000. Revenue was $38.3 million compared to $34 million for the first quarter of 1999. Net income was $944,000 compared to

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May 2, 2000 - Industry News

Low Extends KLLM Tender Offer, Drops Efforts to Replace Board

Low Acquisition, a company owned by New Prime President Robert Low, has extended its tender offer for outstanding shares of KLLM Transport Services common stock to May 30, 2000. The offer was to have expired on May 9

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