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January 29, 2004 - Industry News

Peterbilt Introduces New Standard Steer Axles

New standard steer axles for Peterbilt heavy duty, over-the-road vehicles feature reduced maintenance requirements, improved tire wear and exceptional maneuverability, Peterbilt Motors Co. has announced

January 29, 2004 - Industry News

FedEx Freight Expands 6 Service Centers

FedEx Freight has expanded its service center in Jackson, Miss., and increased its capacity at five other locations

January 29, 2004 - Industry News

Old Dominion Reports 16.2% Revenue Growth

Old Dominion Freight Line Inc., Thomasville, N.C., recorded fourth quarter revenue from operations of $173,976,000, an increase of 16.2% from $149,712,000 for the fourth quarter of 2002

January 29, 2004 - Industry News

UPS Cites Record Quarterly Profit

Led by strong volume gains both in the United States and overseas and significant margin improvement within its international operation, UPS has reported a 19% jump in adjusted net income for the fourth quarter

January 28, 2004 - Industry News

Covenant Transport Lauds 3-Million-Milers

Covenant Transport recently announced the winners of its 3 Million-Mile Awards for 2003, recognizing drivers for achieving three million safe miles over the road

January 28, 2004 - Industry News

Landstar Reports Record 4Q, Year Revenue

Landstar System Inc., Jacksonville, Fla., reported 2003 record fourth quarter net income of $15.1 million, compared to net income of $14.5 million in the 2002 fourth quarter

January 28, 2004 - Industry News

Covenant Transport’s Net Income Up 23%

Covenant Transport Inc., Chattanooga, Tenn., said fourth quarter revenue increased 4%, to $152.2 million from $146.7 million in 2002

January 28, 2004 - Industry News

Swift 4Q Revenues Up 14%, Earnings Up 65%

Swift Transportation Co. Inc. said revenues for the fourth quarter of 2003 increased 13.8% to $637.6 million, compared with $560.1 million for the corresponding quarter of 2002

January 28, 2004 - Industry News

J.B. Hunt Reports Record Revenues, Earnings

J. B. Hunt Transport Services Inc., Lowell, Ark., announced record annual net earnings of $95.5 million for 2003 after reversing 2003 expected non-cash tax benefits of $7.7 million resulting from a sale leaseback transaction on containers

January 28, 2004 - Industry News

Class 8 Truck Sales Boost ArvinMeritor Results

ArvinMeritor Inc., Troy, Mich., reported sales of $2.2 billion and net income of $19 million for its first fiscal quarter ended Dec. 31, 2003, compared to a net income of $32 million the same quarter last year

January 28, 2004 - Industry News

Mack, Volvo Give Nod to EGR-Based Technology

Mack Trucks Inc. and Volvo Trucks North America Inc., both announced Wednesday they will use exhaust gas recirculation (EGR) technology and diesel particulate filters (DPF) to meet stringent new U.S. diesel emissions regulations taking effect in 2007

January 27, 2004 - Industry News

Transport America Announces Pay Increases for 2004

Transport America announced it is spreading a driver pay increase over a four-month period that included a 37-cent per mile rate in January for experienced drivers

January 27, 2004 - Industry News

December’s Truck Tonnage Index Surges

The American Trucking Assns.’ (ATA) advanced seasonally adjusted Truck Tonnage Index surged 14.6% to an all-time high of 164.2 (1993=100) in December, the national association for the trucking industry reported Tuesday

January 27, 2004 - Industry News

Mineta to Ring NYSE Bell, Launch New Economic Indicator

U.S. Transportation Secretary Norman Y. Mineta will ring the opening bell at the New York Stock Exchange (NYSE) at 9:30 a.m. EST, Thursday

Tags: Events

January 27, 2004 - Industry News

Cummins Cites Gains in Second Half of ‘03

Cummins Inc. reported fourth-quarter 2003 sales of $1.74 billion and earnings before interest, income taxes, minority interest and preferred dividends (EBIT) of $84 million, compared with sales of $1.41 billion and EBIT of $20 million a year ago

January 27, 2004 - Industry News

Caterpillar Revenues Up 13% for Year

Caterpillar Inc. has reported 2003 sales and revenues of $22.76 billion and profit of $1.1 billion or $3.13 per share

January 27, 2004 - Industry News

Hoffa Lauds DOT’s Chassis Inspection Program

International Brotherhood of Teamsters General President James P. Hoffa hailed Monday’s announcement by the U.S. Department of Transportation (DOT) that it will launch a safety inspection program for intermodal container chassis

January 26, 2004 - Industry News

Kenco Logistics Offers LeanLogistics Functionality

Kenco Logistic Services, Chattanooga, Tenn., announced the purchase of software from LeanLogistic

January 26, 2004 - Industry News

Bulldog Begins Production of Cargo Security Products

Bulldog Technologies Inc., Richmond, British Columbia, Canada, announced that its RoadBoss cargo security products are now in production

January 26, 2004 - Industry News

4Q Net Income Up 22% for CNF Inc.

CNF Inc., the California company with businesses in trucking, logistics and trailer manufacturing, reported fourth-quarter net income for common shareholders of $26.8 million or 49 cents per diluted share

January 26, 2004 - Industry News

Arkansas Best Revenue Up 7.3% for Year

Arkansas Best Corp., Fort Smith, Ark., reported fourth quarter 2003 net income of $14.7 million, compared to fourth quarter 2002 net income of $14.5 million

January 26, 2004 - Industry News

DOT Begins Inspection of Truck Container Chassis

Secretary of Transportation Norman Y. Mineta announced Monday that the U.S. Department of Transportation (DOT) will launch a safety inspection program for intermodal container chassis

January 23, 2004 - Industry News

SEKO Worldwide Opens Office in England

SEKO Worldwide, an Itasca, Ill.-based provider of freight forwarding solutions, has opened a new office in Manchester, England

January 23, 2004 - Industry News

Prime Inducts 30 Drivers into 2 Million Mile Club

Prime Inc., one of the nation’s largest refrigerated trucking companies, has inducted 30 contractors, company drivers and owner-operators to its new Two Million Safe Miles Club

January 23, 2004 - Industry News

Werner’s Earnings Up for 9th Consecutive Quarter

Werner Enterprises Inc., the Omaha, Neb. Truckload transportation company, reported its ninth consecutive quarter of higher operating revenues and earnings.

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