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July 21, 2000 - Industry News

Louisiana Town Gets Tough on Truckstops

A Louisiana town has approved a law that will make it harder for more truckstops to open in the city limits, especially if their main business is video gambling

Tags: Industry

July 21, 2000 - Industry News

Simon Transportation Reports Third Quarter Losses

Rising fuel costs continue to hamper Simon Transportation Services’ ability to maintain a profit

Tags: Fleets

July 21, 2000 - Industry News

California Agency Wants to Jump Start Diesel Clean Up

State officials call it risky and say it will more than likely result in fuel shortages and price increases, but regional air quality regulators still want Southern California to move ahead of the nation by imposing rigid controls over diesel fuel

Tags: Industry

July 20, 2000 - Industry News

High Road Closes Deal on KLLM

With 3.2 million shares of KLLM Transport in hand, High Road Acquisition Corp. is now in a position to take the newly acquired trucking company private

Tags: Fleets

July 20, 2000 - Industry News

ABF Leads Strong Quarter for Arkansas Best

Arkansas Best Corp. posted second quarter profits of $17.7 million, up 60% from $11.1 million reported second quarter 1999 and a company record

Tags: Fleets

July 20, 2000 - Industry News

Knight Earnings Up

Phoenix-based Knight Transportation Inc. reported second quarter 2000 revenue of $51.7 million, up 40.8% from the $36.7 million in second quarter 1999

Tags: Fleets

July 20, 2000 - Industry News

UPS Posts Record Quarter, Gains in All Segments

Increased volume and market share growth gave UPS record financial performance for the second quarter of 2000

Tags: Fleets

July 20, 2000 - Industry News

Old Dominion Posts Record Revenue, Earnings

Old Dominion Freight Line, an inter-regional and multi-regional LTL carrier based in High Point, NC, posted second quarter 2000 revenue of $120.1 million, up 13.1% from $106.2 million in second quarter 1999, and net income of $4.6 million, up 7.3% from $4.3 million.

Tags: Fleets

July 20, 2000 - Industry News

Fuel Prices, Used Truck Glut Hurts Werner

Despite record revenues for second quarter, Werner Enterprises’ profits showed the effects of high fuel prices and a weak used truck market

Tags: Fleets

July 20, 2000 - Industry News

Revenues Up, Profits Down For Transport Corp.

Transport Corp. of America reported second quarter 2000 revenues of $73.4 million, down from $75 million a year earlier

Tags: Fleets

July 20, 2000 - Industry News

Cat Profits Up Despite Soft U.S. Markets

Despite softer U.S. markets for construction equipment and truck engines, Caterpillar Inc. reported an 11% increase in profits for the second quarter of 2000

Tags: Industry

July 20, 2000 - Industry News

Dina: We're Confident Western Star, Freightliner Will Act in Good Faith

Mexico's Consorcio Grupo Dina says it's hoping for a quick resolution to questions regarding its contract to build medium-duty trucks for Western Star

Tags: Industry

July 20, 2000 - Industry News

Trucking Company Forks Over $2.6 Million to Accident Victims

The owner of a truck involved in an accident involving an Arbutus, Md., footbridge last year has agreed to a $2.6 million settlement with the accident’s victims

Tags: Fleets

July 20, 2000 - Industry News

DaimlerChrysler Closes Detroit Diesel Deal

DaimlerChrysler has announced that it will acquire the outstanding shares of Detroit Diesel and fold the American engine manufacturer with its Powertrain Unit into the Commercial Vehicles division of DaimlerChrysler. This combines products under the MTU-Friedrichshafen, Mercedes-Benz

Tags: Industry

July 20, 2000 - Industry News

Hookup.com Ready For Second Auction

The new truck and trailer auction site, Hookup.com, is getting ready for its second auction today through Thursday

Tags: Industry

July 20, 2000 - Industry News

Ohio Looks at Possible I-75 Improvements

Ohio transportation planners are cruising along the state’s Interstate 75 corridor gathering public opinion on what should be done to improve the highway, which stretches from Toledo to the Ohio River

Tags: Highways

July 20, 2000 - Industry News

Schneider Ups Driver Pay

Truckers who work for Schneider National, Green Bay, Wis., will receive their second pay increase of 2000 on July 30

Tags: Fleets

July 20, 2000 - Industry News

Softening U.S. Truck Market Hurts Volvo Profits

Sweden’s AB Volvo blamed a 2.8% drop in its second quarter net income on reduced demand for trucks in North America but said its truck division should return to profitability next year with cutbacks in North America and integration of Renault’s truck division

Tags: Industry

July 20, 2000 - Industry News

Public Meeting to Look at RSPA Service

The Department of Transportation’s Research and Special Programs Administration will hold a public meeting Sept. 13 to discuss improved safety, reduced costs and increased customer service through RSPA’s management of the national hazardous materials transportation safety program

Tags: Events

July 20, 2000 - Industry News

Covenant Announces 2Q Results and Stock Repurchase Program

Covenant Transport, Chattanooga, Tenn., has announced its second quarter revenue increased 23% to a record $139.4 million. This number is up from last year at this time, when Covenant revenue hit $113.2. However, net income decreased 51% to $2.9 million from $5.9 million in the 1999 period

Tags: Fleets

July 20, 2000 - Industry News

Is the IRS Snooping Your Website?

For several decades, many companies have used independent contractors for a wide variety of jobs (examples: truck drivers, limousine drivers, doctors, dentists, welders, painters, teachers, salesmen, drywallers, carpet installers, musicians, and nurses). Most companies that use independent

Tags: Industry

July 20, 2000 - Industry News

DaimlerChrysler to Buy Detroit Diesel

DaimlerChrysler, parent company of Freightliner, announced today that it has reached an agreement with Detroit Diesel to acquire the diesel engine maker

Tags: Industry

July 20, 2000 - Industry News

Inland Grows Kenworth Dealer Network

Inland Kenworth has acquired Kenworth dealerships in Albuquerque and Farmington, NM, and will incorporate them into the Inland Group of truck and equipment dealerships based out of Burnaby, British Columbia, Canada

Tags: Industry

July 19, 2000 - Industry News

Freightliner Inks Deal for Western Star

The Western Star name will become part of Freightliner's growing truck and bus product offering with the acquisition of the Canadian manufacturer announced yesterday. Speaking in a conference-call press announcement from Portland, Ore., Freightliner President Jim Hebe said the move further strengthens Freightliner's market position in product and dealers and also expands its commercial vehicle and bus business in the NAFTA region

Tags: Industry

July 19, 2000 - Industry News

400 State Driving Champions To Vie for National Title

The most outstanding truckers in the country will have their chance to experience the "thrill of victory and the agony of defeat" beginning August 9 in New Orleans at the American Trucking Associations National Truck Driving Championships

Tags: Events

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