April 28, 2000 - Industry News
OTR Express, Olathe, KS, had a net loss of $814,000 in the first quarter, compared to net income of $144,000 in 1999. The company is in the process of restructuring and hopes to increase the number of owner-operators
Landair Corp. said first quarter operating revenue increased to $33.1 million compared with $31.9 million for the same quarter in 1999, but it had a net loss of $139,000. The company had net income of $421,000
Car-hauling giant Allied Holdings Inc., Decatur, GA, had a net loss of $1 million in the first quarter. The company said higher fuel costs, net of the surcharges, reduced earnings in by approximately $1.6 million, or
Consolidated Freightways Corp., Menlo Park, CA, had a net loss of $3.0 million in the first quarter after non-recurring charges. It had net income of $1.1 million before the charges. Net income for the same period
April 27, 2000 - Industry News
Six months after Teamsters picket lines first appeared at Overnite's terminals, neither side is expressing hope that the strike will be settled soon. Drivers alleging unfair labor practices walked off their jobs Oct. 24 after more than four years of attempting to bring Teamsters membership to the company's 166 terminals nationwide. Despite some hints of progress in February and March, both sides now appear far apart. More negotiations are scheduled later this week in Chicago.
Despite a slowdown in North American heavy truck sales, the Haldex Group sees its strong first quarter as a sign of higher sales and profits through the rest of the year.
The Swedish based company posted first
@Track Communications, Inc., formerly HighwayMaster, has announced a strategic alliance with Lockheed Martin Integrated Business Solutions (IBS).
Lockheed Martin, will leverage its historic strengths in systems engineering, back-office integration and project management in this new alliance. "We
Drivers and fleet owners are questioning the safety of a new speed limit and lane restriction which will soon go into effect on Arizona highways
Installing hidden cameras and microphones in a truck terminal restroom may be a crime but isn't grounds for a lawsuit by unionized employees against Consolidated Freightways, a federal appeals court has ruled.
Truckers crossing the Connecticut River between Springfield, VT. and Charlestown, NH won't have to pay toll anymore, beginning this summer.
New Hampshire Gov. Jeanne Shaheen signed into law Friday the abolition of the toll over the
April 26, 2000 - Industry News
Dick Simon Trucking, West Valley City, UT, is equipping more than 1,600 of its fleet with Oregon Green Light transponders. The units are designed to allow trucks to identify themselves and weigh using sensors and scales
Landstar owner-operator John Lohman of Nortonville, KY, has earned the title of Landstar 2000 regional Safe Truck Driving Champion. Lohman and second and third place winners Joyce and Jerry Vassar, will go on to compete in
LeanLogistics.com, Holland, MI, has launched a new Internet freight exchange designed to provide shippers and carriers with a neutral, real-time environment for bidding on and buying freight services. Through the site, manufacturers will reportedly be able
USA Truck, Inc., Van Buren, AR, suffered a first quarter loss it says was due largely to high fuel prices. The truckload fleet had record operating revenues of $55.1 million, up 52.3% from $36.2 million for
Transport Corporation of America, Minneapolis, has announced record revenues for the first quarter 2000 of $72.2 million, representing a 7.5 percent increase over 1999 first quarter revenues of $67.1 million.
First quarter net income, prior to
Pennzoil Long-Life Heavy Duty Engine Oil has signed an agreement with TruckersCo-op.com that will allow members of the web site to purchase motor oil and other lubricants at discounted prices. Under the agreement, Pennzoil is the
Mack Trucks and its French parent Renault see huge potential with AB Volvo’s agreement to buy Renault’s truck business
Proposed new hours-of-service rules will harm private carriers and could "completely change the fundamentals of transportation in the United States as they exist today," says National Private Truck Council President John McQuaid
The Maintenance Council’s annual summer meeting will be held June 12-14 at the Westin La Paloma in Tucson, AZ. Topics of discussion will include “What’s Happening to Engine Cooling Systems,” “Fuel Management Strategies” and “Special Government/Industry
The General Services Administration has finalized revisions to its transportation management policy aimed at cutting costs and making the rules easier to understand
Specialty truck body manufacturer Supreme Industries reported first quarter 2000 net income of $2.8 million on revenues of $71.8 million, both records. Net income for first quarter 1999 was $2.4 million on revenues of $56.4 million.
A major supplier of traditional EDI (Electronic Data Interchange) services has linked up with an Internet newcomer to offer a complete Internet-based transportation management system
The D.C. Circuit Court has promised to expedite review of an appeal to stay the railroad merger moratorium imposed by the Surface Transportation Board.
The Burlington Northern Santa Fe Railroad filed the appeal after the STB announced
Paccar did well in the first quarter, posting record sales and earnings, but is looking at possible acquisitions to solidify its position in the world truck market
A promising supply chain technology called Intellitag is about to change hands. TransCore, Inc. announced plans to acquire Amtech Transportation Systems from UNOVA Inc. Amtech includes Intermec Technologies which owns the promising RFID (Radio Frequency Identification)
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