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January 28, 2000 - Industry News

U.S. Xpress Has Record 1999

U.S. Xpress Enterprises, Chattanooga, TN, reported record annual revenue and year-end results for the year ended Dec. 31, 1999.

Tags: Fleets

January 28, 2000 - Industry News

Yellow Renames Technology Subsidiary

Yellow Corp., Overland Park, KS, has changed the name of its 400-person technology development subsidiary, Yellow Services, to Yellow Technologies Inc.

Tags: Industry

January 28, 2000 - Industry News

Old Dominion Income Up Almost 30%

Old Dominion Freight Line, High Point, NC, reported record earnings for the quarter ended Dec. 31, 1999. For the quarter, revenue from operations was $112.3 million, a 12.9 percent increase from $99.5 million for the fourth

Tags: Fleets

January 28, 2000 - Industry News

Covenant Reports Record Earnings For 1999

Covenant Transport, Chattanooga, TN, has announced record revenue, earnings for the year ended Dec. 31, 1999. Revenue was up 28 percent to $472.7 million, compared to $370.5 million in 1998, while net income was $22.3 million,

Tags: Fleets

January 28, 2000 - Industry News

Western Star Posts Record Second Quarter

Kelowna, BC, based Western Star Holdings posted record earnings of $14.5 million (US$10 million) on revenues of $499.2 million (US$345.5 million) for its second fiscal quarter ending December 31. Income for the quarter up 125% from second quarter 1998, revenue was up 9%.

Tags: Industry

January 28, 2000 - Industry News

Cummins Posts Record Sales And Earnings

Cummins Engine reported fourth quarter 1999 earnings of $70 million on sales of $1.84 billion -- both records. Earnings excluded a pre-tax charge of $60 million for costs associated with the dissolution of its joint venture Wartsila NSD, announced last month.

Tags: Industry

January 28, 2000 - Industry News

Higher Tolls And A Side of Fries

Great news. Now you can use your toll booth transponder to pay for Big Macs. Just pick up your order at a participating McDonalds in California’s Orange County and scoot through. The Transportation Corridor Agencies (TCA)

Tags: Highways

January 28, 2000 - Industry News

GE Capital Launches Online Processing For Dealers

GE Capital Fleet Services' Dealer Services division has a new online service to help dealers expedite transactions and reduce administrative and processing times.

Tags: Industry

January 28, 2000 - Industry News

Illinois Moves To Close Licensing Loophole

Illinois lawmakers are considering a bill that would close a licensing loophole that was discovered after an Amtrak train hit a flatbed truck near Bourbonnais last spring, killing 11 people

January 28, 2000 - Industry News

Trucking Groups Sue CARB

Several truck, bus and construction industry groups have filed suit against the California Air Resources Board, charging that the agency erroneously listed ambient levels of diesel exhaust as a toxic air contaminant. The California Trucking Assn., the

Tags: Industry

January 28, 2000 - Industry News

Virginia Bill Would Restrict Trucks To Right Lanes

A truck-inspired bill in the Virginia state Legislature would prohibit trucks or cars from driving in the left lane of an interstate except to pass another vehicle

Tags: Safety

January 28, 2000 - Industry News

It's Official: The Driver Shortage Threatens The Economy

How bad is the driver shortage? Bad enough for Wall Street to start calling it one of the biggest potential threats to the current economic boom. With the country entering a record 107th month of continuous economic

Tags: Economy

January 28, 2000 - Industry News

Ryder Works With Labor Dept. To Train Technicians

Ryder System is working with the U.S. Department of Labor's Job Corps program to provide employment opportunities for new truck technicians.

Tags: Industry

January 28, 2000 - Industry News

Tube Turns Gets Meritor Axle Contract

Tube Turns Technologies, a subsidiary of Sypris Solutions Inc., has been awarded a $120 million contract to supply Meritor Automotive with drivetrain axles for Class 5-8 trucks.

Tags: Industry

January 28, 2000 - Industry News

Central Freight's Hall Retires As Carrier Thrives

Central Freight Lines president Joe Hall has retired and has been replaced in the interim by board member Ronald Moyes.

Tags: Fleets

January 28, 2000 - Industry News

Bandag Sales And Profits Down

Despite a drop in sales and profits last year, Bandag chairman and CEO Martin Carver says the company is in a better position than it's ever been to meet the challenges of an evolving industry.

Tags: Industry

January 28, 2000 - Industry News

Not So Intelligent Transportation

Collision in New Jersey! Local politics runs over national policy! You'll never see the headline, but the collision is real enough. Last week, the New Jersey Turnpike announced

Tags: Highways

January 28, 2000 - Industry News

Lung Assn. Asks Court To Review Air Quality Ruling

The American Lung Assn. has asked the U.S. Supreme Court to review a lower court ruling that the U.S. Environmental Protection Agency overstepped it authority with new air pollution rules

Tags: Industry

January 27, 2000 - Industry News

PTG Buys Assets Of ATECH

Professional Transportation Group., Marietta, GA, has reached an agreement to acquire selected assets of ATECH Commercial Corp.

Tags: Fleets

January 27, 2000 - Industry News

USA Truck Revenue Up, Income Down

USA Truck, Van Buren, AR, reported 1999 operating revenues of nearly $166.4 million, up 14.6 percent from $145.2 million in 1998. Net income decreased 17.7 percent to $8.6 million in 1999, compared with $10.5 million in 1998.

Tags: Fleets

January 27, 2000 - Industry News

Yellow's Income Rises 27% In '99

Yellow Corp., Overland Park, KS, reported net income for the fiscal year ended Dec. 31, 1999 of $50.9 million, up 27 percent over 1998 income of $40.1 million. Revenue for the year was $3.2 billion, up 11.2 percent from $2.9 billion in 1998

Tags: Fleets

January 27, 2000 - Industry News

Roadway Reports Record Revenues

Roadway Express, Akron, OH, reported record revenues of $2.81 billion for the year ended Dec. 31, 1999, up 6 percent from $2.65 billion in 1998

Tags: Fleets

January 27, 2000 - Industry News

Con-Way Central Opens WV Center

Con-Way Central Express, Ann Arbor, MI, has opened a new freight service center covering the Charleston, WV, market. Located at 1100 River East Dr. in Belle, WV the facility will provide additional freight handling capacity and will also serve as a freight assembly center in the Con-Way North American network.

Tags: Fleets

January 27, 2000 - Industry News

New England Motor Freight Moves Terminal

New England Motor Freight expects to move its offices and shipping operations into a terminal building in the Harrisburg, PA, area early next year.

Tags: Fleets

January 27, 2000 - Industry News

Heartland Earnings/Revenue Flat

Heartland Express, Coralville, IA, reported 1999 fourth quarter of nearly $8.45 million, compared with $8.35 million in the fourth quarter of 1998.

Tags: Fleets

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