December 23, 1999
Forbes magazine has named Atlanta-based United Parcel Service its Company of the Year
December 22, 1999
American Freightways, Harrison, AR, announced it is expanding its workforce and office facilities located at Harrison
Trimac Corp.'s wholly-owned bulk trucking subsidiary, Trimac Transportation, has agreed to purchase all of the shares of Houston-based DSI Transports, Inc. from United Transport America for approximately $68.3 million
Less-than-truckload carrier Motor Cargo Industries, based in Salt Lake City, has opened a new terminal in Reno, NV
December 21, 1999
Hidden Creek Industries, Minneapolis, has acquired Hadley Auto Transport, Santa Ana, CA
The bulk of the real estate of bankrupt LTL carrier Preston Trucking has been sold to an Ohio investment firm for $68.4 million
RPS, FDX Corp.'s business-to-business small-package ground carrier, plans to start offering residential delivery in March
December 17, 1999
Smithway Motor Xpress Corp., citing a shortage of qualified drivers, said Friday it expects fourth-quarter profits to fall to about 6 cents a share from the year-earlier 31 cents a share
December 16, 1999
FDX, the parent company of FedEx says lackluster earnings in its most recent fiscal quarter were due to higher fuel prices and the loss of market share to United Parcel Service.
UPS expects to deliver its highest one-day package volume of the year today - nearly 18 million packages
Joplin, MO-based truckload carrier recently opened an expansion to its El Paso, TX, terminal facility.
December 13, 1999
Suttles Truck Leasing, Demopolis, AL, has been merged with Dana Transport of Avenel, NJ.
December 10, 1999
Ryder System will take a 4th quarter pretax restructuring charge of $42 to $47 million for costs associated with its recently announced reorganization
December 9, 1999
TRISM, Inc. has had its Chapter 11 reorganization plan approved by the U.S. Bankruptcy Court in Delaware.
Truckload fleets are proposing rate increases of up to 10% to counter the effects of higher fuel prices and labor costs.
December 8, 1999
Heartland Express has opened its new regional terminal just west of Atlanta
December 7, 1999
Yellow Freight System has redesigned its web site to make it easier for customers to access relevant information and manage shipping activity
The Board of Directors of Simon Transportation Services has rejected a possible tender offer for shares of the company's Class A common stock by Jerry Moyes.
December 1, 1999
Yellow Freight System is hoping to expand its Richfield, OH, operations by opening a second freight terminal in the facility former operated by bankrupt Preston Trucking
Ryder System has merged Ryder Transportation Services with Ryder Integrated Logistics. "The realignment is a direct response to clients," said President and COO Gregory Swienton.
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