July 28, 2000 - Industry News
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 —
July 26, 2000 - Industry News
The bidding for construction of a mandatory truck pull-off on West Virginia’s Sandstone Mountain is scheduled to begin soon, but the project must first obtain approval by the Federal Highway administration
The Greater Washington Board of Trade applauded the announcement yesterday by Maryland Gov. Parris Glendening that Maryland will begin construction on the foundation for a new Woodrow Wilson Bridge this fall
Owner-operators interested in expedited transportation opportunities with FedEx Custom Critical (formerly Roberts Express) can submit their qualifications over the Internet in the newly expanded recruiting section of the company's web site at www.fedexcustomcritical.com.
Members of the Northeastern Motor Carrier Claim and Security Conference have selected David Nordt as president-elect
The International Tire & Rubber Association Foundation has agreed to offer for sale the English-language version of "An International View on Tyre Retreading," a comprehensive manual by Master Retreader Siegfried Gebel
Shan Riggs drew the lucky key that started a new, shiny black Freightliner Classic XL given away druing the Walcott Truckers Jamboree in Walcott, Iowa, earlier this month
Management textbooks say that business goals should be easy to describe, and hard to reach. Tom Rule, national manager of trucking operations for hazmat carrier Praxair Inc., has distilled that counsel into its purest essence.
Anderson Trucking, St. Cloud, Minn., has announced its Driver Safety Award winners for the past year
The Wyoming Trucking Association elected David R. Free of U-W Freight Line, to the position of president at its 61st Annual Convention recently held in Casper, Wyo
Ambest, an independent truck stop marketing association, is approaching the midway point of its year-long drive to donate 2,000 units to NATSO’s sixth annual "Drive to Save Lives" national blood drive
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