Fleet Management

News

Allied Earnings Up

Allied Holdings expects earnings for the fourth quarter ending Dec. 31, 1999 to be 65 cents to 70 cents per share.

News

Burlington Grows 30% In Three Years

Burlington Motor Carriers, Daleville, IN, has celebrated the third anniversary of its acquisition by an investment group led by Thomas F. Grojean in 1996. Since then, the company has grown over 30 percent to nearly $300 million by adding capacity to its own fleet and making three acquisitions - PALS Express, Calumet City, IN; Jolliff Transportation, Peoria, IL; and Southwestern Freight Carriers, Rutherfordton, NC.

News

Yellow Expands In Ohio

Yellow Freight System is set to open a second location in Richfield, OH, adding 120 jobs.

News

FedEx Renames Trucking Subsidiaries

FedEx Corp., formerly known as FDX, yesterday unveiled new names for its trucking subsidiaries that take advantage of the strength of the FedEx name

News

Marten Shares Jump On Earnings Report

Shares of Marten Transport, Mondovi, WI, jumped 19% after the company announced that its fourth quarter earnings would far outstrip analysts' predictions

News

USFreightways Has A Strong Fourth Quarter

LTL fleet USFreightways reported record net income for the thirteen weeks ended December 31, 1999 of $30,738,000, a 52% increase over the $20,168,000 reported for the 13-week period ended December 31, 1998. Revenue for the quarter

News

USFreightways Picks Up Transport Corp. of America

USFreightways Corp. is buying Transport Corporation of America in a stock transaction worth just over $60 million.

News

CN & BNSF Explain Merger Benefits

Following a merger agreement late last year, Canadian National Railway Company and Burlington Northern Santa Fe Corporation recently outlined how the combined businesses would become more efficient.

News

Stolt-Nielsen To Build Louisiana Bulk Terminal

Stolt-Nielsen Transportation Group., Ltd. has entered into an agreement with Norfolk Southern Railway Co. to purchase 620 acres on the east bank of the Mississippi River in Braithwaite, LA

News

TLC Buys Refrigerated Warehousing

Total Logistics Control, Zeeland, MI, has purchased the assets of Paw Paw Freezer Corp., a deep-frozen and refrigerated public warehouse in Paw Paw, MI.

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