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Drivers•by Staff•July 27, 2000

High Fuel Costs Hurt Boyd Bros.

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

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Aftermarket•by Staff•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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Aftermarket•by Staff•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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Drivers•by Staff•July 27, 2000

Bill Would Let Local Governments Regulate Tow Trucks

State and local governments would have broad authority to regulate tow truck operators under a bill introduced in the House of Representatives last week

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Aftermarket•by Staff•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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Drivers•by Staff•July 27, 2000

P.A.M. "Solid," President Says

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

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Aftermarket•by Staff•July 27, 2000

Paccar Posts "Excellent" Sales and Earnings

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.

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Drivers•by Staff•July 27, 2000

CF Moving Headquarters to Pacific Northwest

Consolidated Freightways Corp. is moving its Northern California headquarters to the Portland/Vancouver region

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Fleet Management•by Staff•July 27, 2000

Railroads to Get $3.5 Billion In Rehab Loans

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. The Railroad

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Aftermarket•by Staff•July 27, 2000

Atlanta Moves Toward Cleaner Air

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

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