April 12, 2000
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
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
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.
Consolidated Freightways, Menlo Park, CA, has partnered with U.S.Customs to automate in-bond freight customs clearances
A lawsuit filed against United Parcel Service claims the company's policies regarding delivery deadlines contributed to a fatal accident
April 7, 2000
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.
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.
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
April 6, 2000
Asche Transportation Services, Shannon, IL, has had to delay filing its annual financial statements
April 5, 2000
KLLM Transport Services now has two suitors. A couple of weeks ago New Prime Inc. president and CEO Robert Low said he was interested in buying the Jackson, MS, based truckload carrier and said an offering price of $7.60 a share would be feasible.
April 4, 2000
Hub Group, Lombard, IL, has signed a letter of intent to sell its interest in Hub Group Distribution Services. The transaction is expected to close by the end of the second quarter, and once the
April 3, 2000
Skyway Freight Systems closed its doors March 31. The Watsonville, CA, company was founded in 1977 as a freight forwarder and developed into a provider of transportation services and supply-chain management. Some of its customers included
March 30, 2000
Landstar System is moving Landstar Ligon headquarters from Madisonville, KY, to Landstar's headquarter in Jacksonville, FL
March 28, 2000
Expedited carrier FedEx Custom Critical has been on a steep growth curve and expects another 10% to 15% increase in freight volume this year.
March 27, 2000
MacKinnon Transport of Guelph, Ontario and Sherman Bros. Heavy Trucking of Harrisburg, OR, won the Grand Prize Awards in the Truckload Carriers Assn.’s 1999 National Fleet Safety Contest, sponsored by Trailmobile
Overnite Transportation, Richmond, VA, is offering a new "it's on time or it's free" guarantee
March 20, 2000
M.S. Carriers has increased driver pay for its regional, experienced line-haul, and academy graduates an average of 11.1 to 14.8 percent.
After 70 years in the freight hauling business, Portland, OR, based Silver Eagle Inc. has closed its doors. The company cited several problems, including the recent runup in fuel prices, computer problems, and rising labor costs
March 17, 2000
Arrow Trucking Co., Tulsa, OK, has enhanced its website, www.arrowtrucking.com, to give customers the ability to tender loads, access load documents and learn the tariff miles form city to city.
Viking Freight Inc. has expanded its Canada service to include the convenience of through rate quotes and through tracing via the Internet.
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