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Jackson, MS-based KLLM Chairman Jack Liles has made an offer to buy the company in a deal reportedly worth more than $33 million
Read More →Average highway speeds are on the upswing in Iowa, as the state legislature is expected to adjourn soon without approving an increase in the state's speed limits
Read More →Overnite Transportation emphasized a 6.4% increase in first quarter revenue compared to last year and a turnaround from the previous quarter's losses when it reported its first-quarter financial results yesterday, but the Teamsters union attacked the report as "creative bookkeeping." Overnite reported first quarter operating income of only $500,000, compared to $10.3 million in the first quarter of 1999
Read More →Sixteen ballots have been challenged in the Teamsters representation election at less-than-truckload carrier SAIA Motor Freight in Grand Prairie, TX, where the union lost by only one vote
Read More →UPS reported record results for the first quarter, with a 63% jump in net income for the quarter ending March 31
Read More →Williams Travel Center will build a facility on a 19-acre site in Fort Worth, TX, within the Alliance development along Interstate 35W
Read More →Michelin is opening a tire plant in Independence, VA, which will initially support Volvo Trucks North American in Dublin
Read More →Landstar System, Jacksonville, FL, has introduced a new e-mail service exclusively for its agents and independent contractors
Read More →Higher interest rates and diesel fuel prices, coupled with a driver shortage and increased supply of used trucks, will likely impact demand for on-highway truck engines in North America. But Caterpillar says it expects its engine sales to remain near 1999 levels with increased market share in the medium and heavy duty truck segments plus higher demand for other engines
Read More →Preliminary first quarter reports put Detroit Diesel Corp. revenues at $536 million and net income at $10.1 million
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