April 17, 2000 - Industry News
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.
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
April 14, 2000 - Industry News
Averitt Express, Cookeville, TN, has purchased 750 Volvo 660s and 750 Volvo VNM daycabs to be delivered over three years starting this month
April 13, 2000 - Industry News
Simon Transportation Services, Salt Lake City, UT, is back in the black with the announcement of its financial results for the quarter that ended March 31
Landstar System, Jacksonville, FL, reported record first quarter net income of $8.3 million, up from $7.5 million in the 1999 first quarter
USFreightways Corp., Rosemont, IL, has reported net income for the quarter ending April 1 $22.3 million, a 27% increase over the $17.5 million reported for the same period last year
Roadway Express, Akron, OH, has expanded its Mexican operations with the opening of a new service terminal in Queretaro
April 12, 2000 - Industry News
Budd Van Lines has opened a full-service, regional operation center in Kennesaw, GA
Tri-White Corp., Toronto, ON, has reached an agreement to sell its Trucking Group, comprised of both the Full-Load and Logistics Divisions of Tri-Line Expressways Ltd., and High-Tech Express & Distribution Ltd. to TCT Logistics Inc. for $44 million
Roadway Express, Akron, OH, has reported net income of nearly $10.4 million for the first quarter ended March 25, 2000, up 31% from net income of $7.9 million in the first quarter
Skyway Freight Systems Inc., an interstate trucking company headquartered in Watsonville, CA, filed for protection from creditors under Chapter 7 of the United States Bankruptcy Code on Friday, April 7, 2000.
Consolidated Freightways, Menlo Park, CA, has partnered with U.S.Customs to automate in-bond freight customs clearances
A lawsuit filed against United Parcel Service claims the company's policies regarding delivery deadlines contributed to a fatal accident
April 7, 2000 - Industry News
Penske Truck Leasing, Reading, PA, has purchased the assets of McDevitt Transportation Services, a truck rental and leasing company based in Manchester, NH. Penske will operate directly from the existing McDevitt leasing facility.
Con-Way Southern Express, a division of Con-Way Transportation Services, Ann Arbor, MI, is replacing its Richmond facility with a new freight assembly center in Chester, VA. Construction is expected to be completed in November.
New Prime Inc. president Robert Low has reportedly requested a list of KLLM Transport Services Inc. stockholders, possibly to solicit consent to remove the KLLM board of directors.
Low owns 13% of KLLM shares and has expressed
April 6, 2000 - Industry News
Asche Transportation Services, Shannon, IL, has had to delay filing its annual financial statements
April 5, 2000 - Industry News
KLLM Transport Services now has two suitors. A couple of weeks ago New Prime Inc. president and CEO Robert Low said he was interested in buying the Jackson, MS, based truckload carrier and said an offering price of $7.60 a share would be feasible.
April 4, 2000 - Industry News
Hub Group, Lombard, IL, has signed a letter of intent to sell its interest in Hub Group Distribution Services. The transaction is expected to close by the end of the second quarter, and once the
April 3, 2000 - Industry News
Skyway Freight Systems closed its doors March 31. The Watsonville, CA, company was founded in 1977 as a freight forwarder and developed into a provider of transportation services and supply-chain management. Some of its customers included
March 30, 2000 - Industry News
Landstar System is moving Landstar Ligon headquarters from Madisonville, KY, to Landstar's headquarter in Jacksonville, FL
March 28, 2000 - Industry News
Expedited carrier FedEx Custom Critical has been on a steep growth curve and expects another 10% to 15% increase in freight volume this year.
March 27, 2000 - Industry News
MacKinnon Transport of Guelph, Ontario and Sherman Bros. Heavy Trucking of Harrisburg, OR, won the Grand Prize Awards in the Truckload Carriers Assn.’s 1999 National Fleet Safety Contest, sponsored by Trailmobile
Overnite Transportation, Richmond, VA, is offering a new "it's on time or it's free" guarantee
March 20, 2000 - Industry News
M.S. Carriers has increased driver pay for its regional, experienced line-haul, and academy graduates an average of 11.1 to 14.8 percent.
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