July 28, 2000 - Industry News
Even as Congress returns to work this week, all eyes are on the Presidential election, now less than two months away.
How the election will affect Congress, and Congress' impact on trucking, is anybody's guess.
Some basics are
McLeod Software now offers Imaging Lite to small carriers, as an alternative to its standard LoadMaster document imaging module
DaimlerChrysler began its tender offer yesterday for a planned $583 million purchase of engine maker Detroit Diesel
The Teamsters union says it has obtained two police reports that indicate that bomb threats made to Overnite's Memphis, Tenn., terminal came from supporters of the company's anti-union campaign
Idaho is adding weigh-in-motion scales to its weigh stations
Union Pacific will investigate Teamsters allegations of wrongdoing by subsidiary Overnite Transportation after the union called the Bush-Cheney campaign. Vice presidential candidate Dick Cheney sits on the board at UP
A suspicious fire at Overnite's terminal in Tupelo, Miss., is the subject of the latest affidavit filed with the National Labor Relations Board in the ongoing battle between the less-than-truckload carrier and the Teamsters union
Kumho Tire’s web site (www.kumhotireUSA.com) now features a dealer locator page
After three consecutive quarters of operating losses, Frozen Food Express Industries is in the black -- but continues to suffer the impact of high fuel costs and the shortage of qualified drivers.
Trucking companies that haven’t already obtained their own Canadian Pre-Arrival Review System identification number should complete the necessary application right away, advises the Canada Customs and Revenue Agency
Volvo and Mitsubishi Motors Corp. have signed a contract specifying the conditions for Volvo's acquisition of 19.9% of Mitsubishi Fuso Truck & Bus Co
J.J. Keller & Assoc. Inc. has released its Extreme 7-Minute Solutions, a new driver training video series focusing on extreme driving conditions
July 27, 2000 - Industry News
Slowing North American demand for heavy duty trucks cut into Detroit Diesel Corp’s second quarter sales and profits, but the company says it’s encouraged by opportunities in other business segments
Bandag Inc. reported second quarter 2000 profits of $17.6 million on sales of $249.1 million versus profits of $16.1 million on sales of $252.1 million for second quarter 1999. Chairman and CEO Martin Carver credited the profit increase to “significant operating expense reductions” plus an April price increase that offset rising material costs
Boyd Bros. Transportation Inc. reported second quarter profits of $208,900 on operating revenues of $32.6 million, compared to profits of $1.4 million on revenues of $33.3 million second quarter 1999
Eaton Corp’s Board of Directors authorized the company to spend up to $500 million to buy shares of its common stock. The company said it will do this in the open market and, market conditions permitting, expects to complete the repurchases by year-end
The newly formed ArvinMeritor Inc. reported pro forma combined sales of $2.1 billion for the third fiscal quarter and profits of $84 million. Results included its two predecessor companies, Meritor Automotive and Arvin Industries
State and local governments would have broad authority to regulate tow truck operators under a bill introduced in the House of Representatives last week
Despite a dip in earnings caused by higher fuel costs, P.A.M. Transportation Services posted solid second quarter results with an 88.6% operating ratio, said President Robert Weaver
Four less-than-truckload companies have agreed to participate in a five-year study of the relationship between diesel exhaust and possible health effects on truck drivers
Consolidated Freightways Corp. is moving its Northern California headquarters to the Portland/Vancouver region
Paccar Inc. posted second quarter 2000 net income of $131.1 million on sales of $2.0 billion versus net income of $139.5 million on sales of $2.2 billion a year earlier. First half net income was a record $268 million, up 10% from the first half of 1999.
The U.S. Department of Transportation has announced a direct loan and loan guarantee program for railroads that will provide up to $3.5 billion in loans, including $1 billion for projects benefiting shortline and regional railroads.
Transportation officials have given the Atlanta area the okay to move ahead with a revised transportation plan designed to clean up air pollution in the metro Atlanta area.
The Federal Highway Administration and Federal Transit Administration, along
There’s nothing a trucker enjoys more than moving, preferably on something with a big motor and wheels ... and it really doesn’t matter how many wheels.
About 20 truckers and their spouses jumped on 30 two-wheelers —
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