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February 11, 2000 - Industry News

Transport Corp. Has Tough Fourth Quarter

Net income for Transport Corporation of America, Minneapolis, MN, dropped to $1.2 million, compared with 1998 fourth quarter net income of $3.2 million.

Tags: Fleets

February 11, 2000 - Industry News

Motor Cargo Earnings Off For The Year

Net earnings for Motor Cargo Industries Inc., Salt Lake City, were up for the fourth quarter of 1999 but dropped over 19 percent for the year.

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February 11, 2000 - Industry News

Strong Fourth Quarter For Arnold Industries

Arnold Industries Inc., Lebanon, PA, reported record operating revenues for the fourth quarter of 1999 and for 1999. For the quarter, operating revenues rose $9.7 million, and the three Arnold Industries business units contributed to an increase in operating income of $568,077.

Tags: Fleets

February 11, 2000 - Industry News

Revenue And Income Rise At C.H. Robinson

C.H. Robinson Worldwide Inc., Minneapolis, MN, had big increases in revenue and income for the three months and year ended Dec. 31, 1999.

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February 11, 2000 - Industry News

Smithway Revenue Up, Earnings Down

Smithway Motor Xpress Corp., Fort Dodge, IA, reported higher revenue and lower income for for the fourth quarter and year ended Dec. 31, 1999.

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February 11, 2000 - Industry News

CNF Changes Identity, Launches Ad Campaign

CNF Transportation Inc., Palo Alto, CA, has changed its name to CNF Inc. The new name more accurately described the company's business as global supply chain services rather than pure transportation according to president and CEO Greg Quesnel.

Tags: Fleets

February 11, 2000 - Industry News

U.S. Trucking Buys Florida Brokers

U.S. Trucking, Louisville, KY, has completed the acquisition of Checkmate Truck Brokerage Inc., a privately held freight broker headquartered in Homestead, FL, and Maverick Truck Brokerage Inc., a privately held broker headquartered in Ft. Myers, FL.

Tags: Fleets

February 8, 2000 - Industry News

Boyd Bros Revenues Rise 13% In 1999

Boyd Bros. Transportation Inc., Clayton, AL, had record revenues and earnings for 1999. For the year ended Dec. 31, 1999, operating revenues increased 13% to $133.1 million versus $118.1 million for 1998.

Tags: Fleets

February 8, 2000 - Industry News

Con-Way Southern Opens New Alabama Terminal

Con-Way Southern Express has held the groundbreaking for its $6.8 million service center facility in Bessemer, AL. The new facility will replace CSE's current Birmingham facility at 601 Republic Circle and double its freight handling capacity.

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February 7, 2000 - Industry News

Matlack Back In the Black

Bulk hauler Matlack Systems, Wilmington, DE, was back in the black for its first fiscal quarter ended Dec. 31, 1999.

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February 7, 2000 - Industry News

Record Quarter For Landstar

Landstar System, Jacksonville, FL, has reported record 1999 fourth quarter net income of $15.6 million, on record revenue of $380.1 million. For the same period in 1998, Landstar reported net income of $11.3 million on revenue in the quarter of $333.9 million.

Tags: Fleets

February 3, 2000 - Industry News

Intermodal Company Plans To Get Foothold In Truckload

ESCO Transportation Company, a publicly traded intermodal drayage company, has announced a five-year plan to consolidate the highly fragmented intermodal drayage and short-haul truckload segments of the industry

Tags: Fleets

February 2, 2000 - Industry News

Non-Package Revenue Rises At UPS

A big increase in non-package revenue helped push United Parcel Service fourth-quarter financials into record territory.

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February 2, 2000 - Industry News

Kenan Revenues Up in 1999

Kenan Transport, Chapel Hill, NC, announced 1999 fourth-quarter revenues of nearly $38.3 million, up from $33.4 million for the same period in 1998. Revenue for the year was nearly $141.6 million, up from $130.1 million in 1998, while net income was nearly $4.7 million, down from $5.2 million the previous year.

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February 2, 2000 - Industry News

Ryder Revenue Up For 1999

Ryder System Inc. reported a 7.5% rise in revenues for 1999 and a 9.5% increase in the fourth quarter.

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February 1, 2000 - Industry News

OTR Express Blames Fuel Prices For Loss

OTR Express, Olathe, KS, attributes its net loss for the fourth quarter of 1999 and the first quarter of 2000 to a rapid increase in fuel costs in recent months.

Tags: Fleets

January 31, 2000 - Industry News

HD America Adds 17 To Distribution Network

HD America, St. Louis, has added 17 new heavy duty parts distributors to its distribution network. The distributors will offer HD America’s 250 product lines from 180 manufacturers to HDA’s national and regional fleet customers, as well as to their own local customers.

Tags: Fleets

January 30, 2000 - Industry News

One Tough Lady

"Crisis Planing" was the title of the assignment that Dawn Capalbo had just finished as part of her curriculum at Monmouth University. After 15 years as co-owner of I.F.S. Air Freight, she was well aware of

Tags: Fleets

January 29, 2000 - Industry News

M.S. Carriers Income Rises 21% In 1999

M.S. Carriers, Memphis, TN, reported an increase in revenue and income in the fourth quarter and 12 months ended Dec. 31, 1999. Revenues for the fourth quarter were $163.3 million, up 16% from $140.5 million in the same period in 1998.

Tags: Fleets

January 29, 2000 - Industry News

G.I. Trucking Reports Operations Growth

G.I. Trucking Co., La Mirada, CA, reports dramatic growth in its operations to serve large and small business customers. Handling more than 104 thousand tons of freight from Texas cities, the company has grown into a network of 18 terminal/service centers that serve more than 200 Texas communities.

Tags: Fleets

January 28, 2000 - Industry News

U.S. Xpress Has Record 1999

U.S. Xpress Enterprises, Chattanooga, TN, reported record annual revenue and year-end results for the year ended Dec. 31, 1999.

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January 28, 2000 - Industry News

Old Dominion Income Up Almost 30%

Old Dominion Freight Line, High Point, NC, reported record earnings for the quarter ended Dec. 31, 1999. For the quarter, revenue from operations was $112.3 million, a 12.9 percent increase from $99.5 million for the fourth

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January 28, 2000 - Industry News

Covenant Reports Record Earnings For 1999

Covenant Transport, Chattanooga, TN, has announced record revenue, earnings for the year ended Dec. 31, 1999. Revenue was up 28 percent to $472.7 million, compared to $370.5 million in 1998, while net income was $22.3 million,

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January 28, 2000 - Industry News

Central Freight's Hall Retires As Carrier Thrives

Central Freight Lines president Joe Hall has retired and has been replaced in the interim by board member Ronald Moyes.

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January 27, 2000 - Industry News

PTG Buys Assets Of ATECH

Professional Transportation Group., Marietta, GA, has reached an agreement to acquire selected assets of ATECH Commercial Corp.

Tags: Fleets

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