February 29, 2000
U.S. Freightways may have pulled out of the deal but Transport Corp. of America is "still the apple of many a buyer's eye," according to a recent Mergers and Acquisitions Report from Securities Data Publishing.
February 28, 2000
Con-Way Central Express, Ann Arbor, MI, has opened a new freight service center at 5070 Carpenter Road, just north of US-12 in Ypsilanti, MI.
Asche Transportation Services, Shannon, IL, has fired two of its top executives for allegedly embezzling $1 million
February 24, 2000
USF Holland, Holland, MI, has opened a new full-service terminal in Erie, PA, which will reportedly increase capacity, operating efficiency and equipment availability within the market.
"We are committed to providing our Erie customers with
February 22, 2000
Overnite Transportation Co., Richmond, VA, has expanded its truckload Special Services Division with the opening of a new, dedicated fleet operation in McGregor, TX.
February 21, 2000
USF Holland, Holland, MI, announced the opening of a new, full-service terminal in Erie, PA
February 18, 2000
Two moving companies are in a bidding battle for bankrupt Global Van Lines of Orange, CA
Boyd Bros.Transportation directors have made a number of changes to the fleet's senior
February 17, 2000
J.B. Hunt Dedicated Contract Services, an operating unit of J.B. Hunt Transport, Inc.
has been awarded a contract to manage and operate private fleet operations at eleven separate North American locations for polymer manufacturer M.A. Hanna Co.
Swift Transportation Co. has executed a stock purchase agreement to buy 49% interest in Mexican truckload carrier Trans-Mex Inc. this year and the remainder of the company over the next four years.
Swift Transportation Co., is telling financial analysts that its anticipates earnings for the
quarter ended March 31, 2000 will be less than $0.20 per share due to high fuel prices.
Two more top people are leaving Asche Transportation Services, Shannon, IL
February 16, 2000
Con-Way Western Express last year invested more than $42 million to build six new major service centers, upgrade current service facilities, open new service centers and add 16 new zone operations to service rural and remote markets in the eleven western states where it operates
Professional Transportation Group Ltd., Marietta, GA, has signed a service agreement with Gulf Northern Transport, Wisconsin Rapids, WI, to manage the GNT fleet.
February 15, 2000
Trism Inc., Kennesaw, GA, has finished its Chapter 11 reorganization
February 14, 2000
A dockworker who works at Roadway Express is suing the company for retaliating after he testified against the company in a 1996 racial discrimination trial
P.A.M. Transportation Services, Tontitown, AR, has reported net income of $11.3 million for
the year ended Dec. 31, 1999 versus net income of $8.1 million for 1998.
Revenue for Cannon Express, Springdale, AR, in its 2nd fiscal quarter and the six months period of fiscal 2000 ended Dec. 31, 1999 dropped and its losses widened
February 11, 2000
Consolidated Freightways' right to monitor company restrooms for illegal drug use will be decided in a case that went to trial in Pasadena, CA, last week
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.
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