January 19, 2000 - Industry News
Volvo has reportedly upped its stake in rival Scania from 30.6% to 45.5%. The company began purchasing stock in the rival Swedish truck manufacturer a year ago and Scania agreed to a friendly takover in August
Port truckers and union representatives hoping to unionize container haulers at the nation's ports were dealt a setback by a Los Angeles ruling
FedEx Corp., formerly known as FDX, yesterday unveiled new names for its trucking subsidiaries that take advantage of the strength of the FedEx name
January 18, 2000 - Industry News
Shares of Marten Transport, Mondovi, WI, jumped 19% after the company announced that its fourth quarter earnings would far outstrip analysts' predictions
LTL fleet USFreightways reported record net income for the thirteen weeks ended December 31, 1999 of $30,738,000, a 52% increase over the $20,168,000 reported for the 13-week period ended December 31, 1998. Revenue for the quarter
The Class 8 order backlog for Volvo Trucks North America is rising, but the company is still expected to furlough over 400 plant workers later this week
USFreightways Corp. is buying Transport Corporation of America in a stock transaction worth just over $60 million.
Following a merger agreement late last year, Canadian National Railway Company and Burlington Northern Santa Fe Corporation recently outlined how the combined businesses would become more efficient.
Newport research shows that more than half of truckers own a computer, and most of those have access to the Internet. So it's not surprising that a lot of truckers also have their own web sites.
Stolt-Nielsen Transportation Group., Ltd. has entered into an agreement with Norfolk Southern Railway Co. to purchase 620 acres on the east bank of the Mississippi River in Braithwaite, LA
Total Logistics Control, Zeeland, MI, has purchased the assets of Paw Paw Freezer Corp., a deep-frozen and refrigerated public warehouse in Paw Paw, MI.
After years of delays, San Antonio's government finally came up with a hazmat routing plan. But any of six suburban cities where the proposed routes pass through could veto the plan
TrackYourTruck.com will use middleware from Nettech Systems, Princeton, NJ. to deliver Web-based dispatch information to TrackYourTruck.com's RoadRunner mobile data solution for product delivery businesses.
Just days before the National Transportation Safety Board holds a public hearing on commercial driver oversight, a Pittsburgh newspaper has published an expose on drivers with dangerous medical conditions who are slipping through the CDL oversight system.
Faced with a shortage of inspectors, Nebraska Gov. Mike Johann is pushing a controversial proposal to merge truck enforcement division officers with the State Patrol
C.R. England, Salt Lake City, recently celebrated its 80th anniversary with a two-day gala
Peterbilt named its Dealer of the Year during its recent annual dealer meeting in Phoenix
NATSO, the organization representing truckstop and travel plaza operators, will hold its 40th annual convention Feb. 3-5 at the Opryland Hotel and Convention Center in Nashville, TN
January 17, 2000 - Industry News
Hino Motors Ltd., Japan's largest manufacturer of commercial trucks, expects its domestic output to rise by about 31.7% to 52,610 units this year, from 39,947 units in 1999.
Mercedes-Benz Mexico, a wholly owned subsidiary of major international truck maker DaimlerChrysler AG, said the Mexican heavy-duty truck market would remain flat during 2000 due to credit constraints
Covenant Transport plans to hire 600 more workers and expand the Chattanooga-based trucking company's headquarters by another 100,000 square feet.
Simon Transportation Services said revenue was up for the quarter ended December 31, 1999, the first quarter of its 2000 fiscal year, and its operating ratio is improving.
Revenue rose 2% to $53.9 million, and the net
Matlack Systems, Wilmington, DE, lost $8.7 million for its fourth fiscal quarter, compared with a net loss of nearly $3.8 million for the same period the previous year.
People are in the phone booths at the old Hawk-I Truck Stop in Coralville, IA. But they're not calling dispatch or a broker or their wives and kids. These are campaign workers, and the old truckstop
The California governor wants the state to spend nearly $1 million next year on 15 more workers for the permit department of the California Department of Transportation
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