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January 31, 2000 - Industry News

M.S. Carriers Aligns With Puerto Rico To Train Drivers

Memphis-based M.S. Carriers will provide the test site for a strategic alliance with the Puerto Rican government to provide truck drivers for the U. S.

Tags: Industry

January 31, 2000 - Industry News

Honeywell Buys Hayden Industrial Products

Honeywell's Thermal Systems business has agreed to purchase the assets of Corona, CA, based Hayden Industrial Products LLC. Terms of the deal were not disclosed.

Tags: Industry

January 31, 2000 - Industry News

Nissan Diesel Bailout Near

Debt burdened Nissan Diesel Motor Co. is about to get some relief from its creditor banks, according to Reuters news service. A spokesman for Industrial Bank of Japan, one of Nissan Diesel's main creditors, told the Japanese press that announcement of a deal could come as early as this week.

January 31, 2000 - Industry News

Associates Posts Record Earnings

Associates First Capital Corp. reported record earnings for fourth quarter 1999 and the full year.

Tags: Industry

January 31, 2000 - Industry News

MAN Buys ERF From Western Star

German truck maker MAN has purchased Western Star's British truck subsidiary ERF. MAN will pay 65 million pounds (approximately $108 million US) and assume ERF debts of 23 million pounds ($38 million US).

Tags: Industry

January 30, 2000 - Industry News

One Tough Lady

"Crisis Planing" was the title of the assignment that Dawn Capalbo had just finished as part of her curriculum at Monmouth University. After 15 years as co-owner of I.F.S. Air Freight, she was well aware of

Tags: Fleets

January 30, 2000 - Industry News

Port Truckers To Rally Today

Independent truckers who haul containers in and out of six eastern ports will rally today to protest skyrocketing diesel prices and demand that their industry adopt a Port Trucker Bill of Rights

Tags: Industry

January 29, 2000 - Industry News

M.S. Carriers Income Rises 21% In 1999

M.S. Carriers, Memphis, TN, reported an increase in revenue and income in the fourth quarter and 12 months ended Dec. 31, 1999. Revenues for the fourth quarter were $163.3 million, up 16% from $140.5 million in the same period in 1998.

Tags: Fleets

January 29, 2000 - Industry News

G.I. Trucking Reports Operations Growth

G.I. Trucking Co., La Mirada, CA, reports dramatic growth in its operations to serve large and small business customers. Handling more than 104 thousand tons of freight from Texas cities, the company has grown into a network of 18 terminal/service centers that serve more than 200 Texas communities.

Tags: Fleets

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

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