June 1, 2000
Dallas-based reefer fleet Frozen Food Express (FFEX) gained access to $50 million in cash through a credit agreement with a group of three banks, Wells Fargo Bank (Texas), Fleet National Bank of Boston, and Comerica Bank - Texas
May 31, 2000
G.I. Trucking Co., La Mirada, Calif., is investing more than $9.5 million to complete a major expansion of its fleet of tractors, trailers and terminal equipment for use throughout its 17-state service territory
Mullen Transportation Inc. recently announced intentions to provide up to $1 million in capital to Payne Transportation Inc. (PTI), a new trucking company to be based in Winnipeg, Manitoba
May 30, 2000
U.S. Trucking, Charlotte, N.C., recently reported results for the fourth quarter and year ended December 31, 1999, as well as for the first quarter 2000 ended March 31
Cummins Engine Co. recently announced that Gordon Trucking, Seattle, Wa., has agreed to purchase 240 Cummins ISX engine
The fight for control of refrigerated carrier KLLM Transport Services is not over yet. Prime Inc. President Robert Low, announced yesterday that he is extending his tender offer for all of the outstanding shares of the common stock in the company.
May 27, 2000
LTL carrier Consolidated Freightways gained a key customer with Gaylord Container Corp., a manufacturer and distributor of packaging products, signing the fleet up as a primary carrier
May 26, 2000
Saia Motor Freight Co., an LTL carrier based in Duluth, Ga., has introduced NexTex, a specialized product providing one-day delivery of freight to any destination within the West Texas coverage area
May 25, 2000
Consolidated Freightways (CF) has announced the continued expansion of it's Mexican-based subsidiary with the opening of a new terminal at Torreon Coahuila. The facility broadens the service area of CF Mexico, which now claims to operate the largest LTL network in Mexico
Flatbed fleet Intrenet, Inc., has announced that it's upgrading its tractor fleet by acquiring 225 new Mack Vision tractors
May 24, 2000
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
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
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
Professional Transportation Group, Marietta, GA is buying Dedicated Transportation Services, Inc., an LTL carrier based in Santa Ana, CA
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