February 29, 2000 - Industry News
SmartStop, Portland, OR has signed a deal with National Electronic Technologies Corp., Rothesay, New Brunswick to install a network of kiosks in truckstops.
Yellow Corp. is the latest fleet to become involved in an online venture which provides business-to-business transportation services.
I2 Technologies, Inc. has announced FreightMatrix, an Internet-based business-to-business freight marketplace
Delphi Automotive Systems Corp. has reached an agreement to buy the AP Distribution Services business of AP Group Limited for about $65 million cash.
Buoyed by the apparent success of last week's demonstration in Washington, DC, organizers are planning a second, larger convoy for March 16.
The recently formed National Owner Operator Trucking Assn. hopes to organize at least 200 trucks
After nearly a month-long wildcat strike, owner-operators of dump trucks in South Florida are back on the job
The final phase of Illinois' Mission I-55, the Stevenson Expressway reconstruction in Chicago, begins at 9 p.m. Friday
The National Transportation Exchange, Inc. has formed a strategic partnership with RightFreight.com, an Internet-based exchange for the air freight and logistics industries.
Kenworth Mexicana S.A. de C.V., a heavy duty truck manufacturing subsidiary of Paccar Inc., has reduced output of Class 8 trucks by 12.9%, sources disclosed.
Kenmex is now producing 27 units per day, down from 31 trucks
Ingersoll-Rand Co. has purchased a 70% interest in Tokyo-based Zexel Cold Systems, a manufacturer of transport refrigeration systems and bus air conditioning equipment. Terms of the deal were not disclosed.
Zexel will become part of Ingersoll-Rand's Climate
In order to accommodate more than 300 requests from individuals and organizations that want to testify, the Occupational Safety and Health Administration has added an extra week to its schedule of public hearings on proposed ergonomics standards.
U.S. Freightways may have pulled out of the deal but Transport Corp. of America is "still the apple of many a buyer's eye," according to a recent Mergers and Acquisitions Report from Securities Data Publishing.
Flexfab Europe Ltd. has opened a new manufacturing plant in Nottingham, England. The 3,000 square foot facility produces high-performance hoses, ducts, bellows and other special shapes for the transfer of hot fluids and pressurized air in
Truckload carriage seems to get more attention on Wall Street, but less-than-truckload deserves a second look, according to Jeffrey Kauffman, first vice president, Merrill Lynch & Co.
February 28, 2000 - Industry News
Celadon Group has reached agreement with Comdata Corp. in which Comdata will provide over-the-road processing of various products and services offered by Celadon's TruckersCo-op.com to its members
Con-Way Central Express, Ann Arbor, MI, has opened a new freight service center at 5070 Carpenter Road, just north of US-12 in Ypsilanti, MI.
Fleetclean Systems Inc., Hardin, TX, has signed a letter of intent to acquire Sani-Wash of Illinois, Inc. a privately-held internal tank wash facility based in Markham, IL.
Bulknet.com has launched a website offering load-matching services for registered shippers and tank truck carriers in the chemical industry
Asche Transportation Services, Shannon, IL, has fired two of its top executives for allegedly embezzling $1 million
More than 20 port truckers walked off the job last week at a trucking company in Houston, and Teamsters leaders say 1,000 more will stop working March 13
Amtrak says it will go after more of trucking's business as it makes plans to expand its passenger service in its efforts to be self-sufficient
A large Canadian provider of public access Internet terminals has signed an agreement with Petro-Canada to install Global VideoNET public Internet access terminals in truckstops and petroleum locations owned and/or managed by Petro-Canada
In response to suggestions from truckers and fleet managers, Truck Down Info International Inc. has made a major upgrade in the capabilities of its web site, www.truckdown.com.
The upgraded version encourages truckers and fleet managers to build
Truckomat Truck Wash has started construction of new facilities at two locations: Laredo, TX and Indianapolis, IN
GE Capital Fleet Services has purchased the corporate and utility fleet leasing portfolio of Bank of America Leasing and Capital Group. The portfolio, which includes some 26,000 commercial trucks and cars nationwide, will become part of GE Capital Fleet Services' North American business.
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