April 26, 2000 - Industry News
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)
April 25, 2000 - Industry News
P.A.M. Transportation Services, Tonitown, AR, has reported net income of $2.1 million for the quarter ended March 31, 2000, compared to net income of $2.8 million for the quarter ended March 31, 1999. Revenues for the
Despite an ongoing Teamster protest, Overnite Transportation Co., Richmond, VA, was in the black in the first quarter
Knight Transportation Inc., Phoenix, AZ had higher income for the first quarter, despite higher fuel prices. The fleet reported operating revenue of $43.6 million, up 30 percent from $33.5 million for the same quarter of 1999.
Earnings at Old Dominion Freight Line, High Point, NC dropped slightly in the first quarter
Industry associations and safety groups all reacted negatively to the new hours of service rules proposed yesterday by the Dept. of Transportation. The Federal Motor Carrier Safety Administration estimates the rule will cost $3.4 billion
After seven years of on-again, off-again talks and much speculation, Volvo and Mack will become one by the end of the year. The combined companies will form the world's second-largest truck make
Omni Communications, LLC. of Sheboygan, WI, has released Profit Per Mile 2000, software that helps small fleets and owner operators track trip information, income, expenses and more. The product's data base structure provides a wealth of
The demand for new trucks may be slowing but it’s the used truck market that worries many of the country’s top dealers. It could be a “catastrophe, an absolute train wreck,” warns James Coles, president of
The parent of Volvo Trucks North America, AB Volvo, and the parent of Mack Trucks, Renault have agreed to merge truck operations and create the world’s second-largest truck maker
Nominations are being sought for the Marvin F. Gordon Lifetime Achievement Award which recognizes individuals who have made numerous and significant contributions to the used truck industry.
The award is sponsored by the Used Truck Association (UTA),
April 24, 2000 - Industry News
American Mobile Satellite Corp. is the latest trucking communications provider to go through a name change. Effective today, Motient Corp. is the new name for the company.
"We have clearly moved beyond our initial role as a satellite service provider," said Gary M. Parsons, Motient chairman
J.B. Hunt Transport Inc. has contracted with Wal-Mart Stores Inc. to run truckload, rail and fleet service for 31 Wal-Mart distribution centers nationwide.
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