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News•July 28, 2000

Union Pacific to Investigate Overnite Allegations

Union Pacific will investigate Teamsters allegations of wrongdoing by subsidiary Overnite Transportation after the union called the Bush-Cheney campaign. Vice presidential candidate Dick Cheney sits on the board at UP

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News•July 28, 2000

Teamsters Point to Suspicious Fire at Overnite

A suspicious fire at Overnite's terminal in Tupelo, Miss., is the subject of the latest affidavit filed with the National Labor Relations Board in the ongoing battle between the less-than-truckload carrier and the Teamsters union

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News•July 28, 2000

Kumho Adds Dealer Locator To Web Site

Kumho Tire’s web site (www.kumhotireUSA.com) now features a dealer locator page

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News•July 28, 2000

Volvo, Mitsubishi Finalize Partnership

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

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News•July 28, 2000

Keller Offers Extreme Driving Videos

J.J. Keller & Assoc. Inc. has released its Extreme 7-Minute Solutions, a new driver training video series focusing on extreme driving conditions

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News•July 27, 2000

Slowing Truck Market Cuts Into Detroit Diesel Sales

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

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News•July 27, 2000

Bandag Profits Up Despite Softening Retread Market

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

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News•July 27, 2000

Eaton to Repurchase Stock

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

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News•July 27, 2000

ArvinMeritor Reports Combined Results

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

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News•July 27, 2000

LTL Companies to Participate in Exhaust Study

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

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