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April 26, 2001 - Industry News

Transit Group Announces Financial Restructuring

Transit Group, Atlanta, announced it has taken several steps to restructure debt and recapitalize the company

Tags: Fleets

April 26, 2001 - Industry News

Smithway, Boyd Bros. Report Losses

Two flatbed carriers reported first-quarter losses and lower revenues this week, but had some good news to go with the bad

Tags: Fleets

April 26, 2001 - Industry News

Hunts Point Neighbors Say 'Keep Out'

Residents in the Hunts Point area of New York have a plan to keep truck traffic going to and from the Hunts Point Market and industrial area out of their residential neighborhoods

Tags: Industry

April 26, 2001 - Industry News

Insurance Industry Says Red-Light Cameras Improve Safety

A study by the Insurance Institute for Highway Safety says cameras that help catch drivers who run red lights may also prevent collisions

Tags: Safety

April 26, 2001 - Industry News

New York Assembly Considers Summer Sales Tax Break on Fuel

Republicans in the New York state Assembly are calling for a suspension of the state's 4 percent sales tax on gasoline and diesel fuel during the summer months

Tags: Industry

April 26, 2001 - Industry News

New President Named for Williams TravelCenters

Williams TravelCenters, Tulsa, Okla., has a new president: Ike Mefford

Tags: Industry

April 26, 2001 - Industry News

NTE Announces Big Gains

Web-based transportation intermediary NTE, Downers Grove, Ill., announced its membership roles and sales volumes surged in the first quarter of 2001 compared to the same quarter last year

Tags: Industry

April 26, 2001 - Industry News

Arsenault Offers Virtual Training and Sales Rooms on New Web Site

Maintenance software provider Arsenault Associates of Atco, N.J.. has launched a redesigned and newly functional web site at www.truckfleet.com

Tags: Industry

April 26, 2001 - Industry News

RoutingGuides.com Aims to Replace Paper Routing Guides

A new web technology aims to replace paper routing guides

Tags: Industry

April 26, 2001 - Industry News

Oshkosh: Defense, Fire, Emergency Sales Offset Soft Commercial Demand

Double-digit sales and income growth in the defense and fire and emerengcy markets "significantly cushioned" the impact of a 19.8% drop in commercial vehicle sales for Oshkosh Truck Corp

Tags: Industry

April 26, 2001 - Industry News

Trucking Economy: The View From the Internet

Freight has dropped off from last year, but there is still enough to go around, according to Scott Moscripp, president of Internet Truckstop, the web-based load-matching service

Tags: Economy

April 25, 2001 - Industry News

Senate Will Move Quickly to Confirm Jackson at DOT

The Senate will move quickly to confirm Michael P. Jackson as Deputy Secretary of Transportation, said Sen. John McCain, chairman of the Senate Commerce Committee

April 25, 2001 - Industry News

DaimlerChrysler Posts $3.4 Billion Loss

More production cuts may be on the way at Freightliner, as DaimlerChrysler blamed operating losses at Freightliner and Chrysler for for a first quarter operating loss of $3.4 billion

Tags: Industry

April 25, 2001 - Industry News

ATA Touts Finnish Crash Study

The American Trucking Associations is asking the Department of Transportation to look at an accident study done by researchers in Finland as the agency continues to look at truck driver hours of service regulations

Tags: Safety

April 25, 2001 - Industry News

Toyota Raises Stake in Hino

Toyota is raising its stake its Hino Motors unit to help pump up commercial vehicle sales in the face of increasing worldwide competition

Tags: Industry

April 25, 2001 - Industry News

Higher N.D. Speed Limit Awaits Governor's Signature

The North Dakota Legislature has approved a bill that would raise the speed limit on Interstate highways from 70 to 75 mph

Tags: Industry

April 25, 2001 - Industry News

Construction Season Starting in West Virginia

A truck pull-off is among the construction projects getting under way in West Virginia as the summer construction season stars

Tags: Highways

April 25, 2001 - Industry News

Ryder to Close D.C. Office

Ryder System, Miami, is closing its Washington, D.C., government relations office as part of its restructuring activities

Tags: Fleets

April 25, 2001 - Industry News

Trucking Fights Minnesota Biodiesel Bill

Minnesota's trucking industry and other groups are warning that higher diesel prices, loss of fuel sales to surrounding states and possible fuel supply shortages will be the result if the Minnesota Legislature mandates the use of biodiese

Tags: Industry

April 25, 2001 - Industry News

Manufacturing Durable Orders, Shipments Rise in March

Orders for durable goods rose 3% in March, but it was mostly for ships and tanks, with non-transportation orders off 1.8% -- the fourth consecutive decline. However, shipments rose 0.1% after declining the previous five months. The stable shipments value is the best news for freight

Tags: Economy

April 25, 2001 - Industry News

Soft Class 8 Market Hurts ArvinMeritor

The decline of North American Class 8 truck production outpaced ArvinMeritor’s ability to lower fixed cost

Tags: Industry

April 24, 2001 - Industry News

Goodyear Posts Loss As Orders Decline

The continued decline in orders for tires and engineered products by North American auto and truck manufacturers has a "substantial" impact on Goodyear's first quarter performance

Tags: Industry

April 24, 2001 - Industry News

Wabash Posts First Quarter Loss, Ups DuraPlate Production

Wabash National Corp. remains cautious, but recent "signs of encouragement" have prompted the trailer maker to increase production of its DuraPlate composite trailer

Tags: Industry

April 24, 2001 - Industry News

Paccar Profits Down

Paccar Inc., parent of Kenworth and Peterbilt, reported first quarter 2001 net income of $44.3 million on sales of $1.5 billion

Tags: Industry

April 24, 2001 - Industry News

Trucking Company Faces Record Fine in Iowa

An Ohio trucking company could be fines more than $380,000 for allegedly transporting a super-heavy load without a permit

Tags: Industry

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