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April 20, 2000

Earnings Plunge at Smithway Motor Xpress

Operating revenue at Smithway Motor Xpress Corp., Fort Dodge, IA, increased 7.3% to $50.7 million in the first quarter from $47.3 million during the same quarter in 1999. Net earnings were $238,000, or $0.05 per diluted share,

April 19, 2000

American Freightways Relocates Terminals

American Freightways Corp., Harrison, AR, has relocated 12 terminals to newly constructed facilities. The new facilities are said to double American Freightways' capacity to serve its customers in these markets

April 19, 2000

Heartland Posts Earnings Increase

While many other truckload carriers are reporting drops in earnings, Heartland Express, Coralville, IA, has reported an increase in first quarter net income. The fleet took in more than $9.1 million, compared to nearly $7.6 million

April 19, 2000

Swift Earnings Drop Slightly

First quarter earnings for truckload carrier Swift Transportation dropped slightly due to higher fuel costs

April 17, 2000

J.B. Hunt Earnings Drop Over 50%

First quarter revenue for J.B. Hunt Transport Services, Lowell, AR, rose 13% to $534 million, but net earnings dropped over 50% to $5 million, down from $10.6 million in the first quarter of 1999.

April 17, 2000

Werner Earnings Drop Due to Fuel Prices

Werner Enterprises, Omaha, NE has reported a drop in earnings for the first quarter ended March 31, 2000 due to higher fuel prices. Operating revenues increased 21% to a record $291.4 million, compared to $241 million

April 14, 2000

Averitt Signs Deal For 1,500 Volvo Trucks

Averitt Express, Cookeville, TN, has purchased 750 Volvo 660s and 750 Volvo VNM daycabs to be delivered over three years starting this month

April 13, 2000

Simon Back in the Black

Simon Transportation Services, Salt Lake City, UT, is back in the black with the announcement of its financial results for the quarter that ended March 31

April 13, 2000

Landstar Posts Record Income

Landstar System, Jacksonville, FL, reported record first quarter net income of $8.3 million, up from $7.5 million in the 1999 first quarter

April 13, 2000

USFreightways Income Rises 27%

USFreightways Corp., Rosemont, IL, has reported net income for the quarter ending April 1 $22.3 million, a 27% increase over the $17.5 million reported for the same period last year

April 13, 2000

Roadway Adds Mexican Terminal

Roadway Express, Akron, OH, has expanded its Mexican operations with the opening of a new service terminal in Queretaro

April 12, 2000

Budd Van Lines Opens Georgia Facility

Budd Van Lines has opened a full-service, regional operation center in Kennesaw, GA

April 12, 2000

Tri-line Expressways Sold Off

Tri-White Corp., Toronto, ON, has reached an agreement to sell its Trucking Group, comprised of both the Full-Load and Logistics Divisions of Tri-Line Expressways Ltd., and High-Tech Express & Distribution Ltd. to TCT Logistics Inc. for $44 million

April 12, 2000

Roadway Income Rises 31%

Roadway Express, Akron, OH, has reported net income of nearly $10.4 million for the first quarter ended March 25, 2000, up 31% from net income of $7.9 million in the first quarter of 1999.

April 12, 2000

Skyway Files Chapter 7

Skyway Freight Systems Inc., an interstate trucking company headquartered in Watsonville, CA, filed for protection from creditors under Chapter 7 of the United States Bankruptcy Code on Friday, April 7, 2000.

April 12, 2000

CF Automates Clearance of In-Bond Freight

Consolidated Freightways, Menlo Park, CA, has partnered with U.S.Customs to automate in-bond freight customs clearances

April 12, 2000

Lawsuit Blames UPS Delivery Deadlines

A lawsuit filed against United Parcel Service claims the company's policies regarding delivery deadlines contributed to a fatal accident

April 7, 2000

Penske Buys McDevitt Transportation

Penske Truck Leasing, Reading, PA, has purchased the assets of McDevitt Transportation Services, a truck rental and leasing company based in Manchester, NH. Penske will operate directly from the existing McDevitt leasing facility.

April 7, 2000

Con-Way Building New Virginia Facility

Con-Way Southern Express, a division of Con-Way Transportation Services, Ann Arbor, MI, is replacing its Richmond facility with a new freight assembly center in Chester, VA. Construction is expected to be completed in November.

April 7, 2000

Low May Try To Unseat KLLM Board

New Prime Inc. president Robert Low has reportedly requested a list of KLLM Transport Services Inc. stockholders, possibly to solicit consent to remove the KLLM board of directors. Low owns 13% of KLLM shares and has expressed


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