May 25, 2000 - Industry News
Flatbed fleet Intrenet, Inc., has announced that it's upgrading its tractor fleet by acquiring 225 new Mack Vision tractors
May 24, 2000 - Industry News
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
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
May 23, 2000 - Industry News
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
May 22, 2000 - Industry News
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KLLM Transport Services Inc. said Monday that the group headed by its Chief Executive Officer Jack Liles III has withdrawn its bid to acquire the company for $8.25 per share
American Freightways plans to extend direct service to all points in Arizona by opening five customer centers in the state by mid-July
Landstar System, Inc., recently honored 24 of its contractors as Roadstars at its annual convention in Miami, FL.
Schneider Specialized Carriers (SSC) recently received two awards at the Specialized Carrier & Rigging Association (SC&RA) annual conference in Napa Valley, California.
Malone Freight Lines, Inc., has added terminals in Charleston, SC, and New Orleans, LA
Myron P. "Mike" Shevell, Chairman and CEO of New England Motor Freight (NEMF), has received the coveted Salzberg Medallion from Syracuse University
May 19, 2000 - Industry News
Professional Transportation Group, Marietta, GA is buying Dedicated Transportation Services, Inc., an LTL carrier based in Santa Ana, CA
May 18, 2000 - Industry News
Werner Enterprises, Omaha, NE, announced yesterday that continued high fuel prices and a weak market for the sale of used trucks are affecting earnings
The U.S. DOT tapped Landstar System, Jacksonville, FL, to receive the $300 million single-source nationwide Emergency Transportation Services contract
May 15, 2000 - Industry News
Penske Truck Leasing has purchased the assets of Marano Truck Leasing, a truck rental and leasing company located in north Philadelphia
May 11, 2000 - Industry News
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%
May 10, 2000 - Industry News
Marten Transport, Ltd., Mondovi, Wl, has opened a new terminal in Forest Park, GA, that will replace the existing Jonesboro, GA, terminal
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
May 9, 2000 - Industry News
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
May 8, 2000 - Industry News
Consolidated Freightways has signed a letter of intent to purchase FirstAir, Inc., an airfreight forwarder based in St. Paul, MN
May 4, 2000 - Industry News
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
First quarter operating revenues rose 14% and net income increased 10% compared to the first quarter of 1999 for Arnold Industries, Lebanon, PA
First quarter results for Boyd Bros. Transportation, Clayton, AL, were hit by significant increases in fuel costs
May 2, 2000 - Industry News
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
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
Dallas-based Frozen Food Express Industries, in the middle of a restructuring, reported a $563,000 loss for the first quarter.
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