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Drivers•by Staff•July 21, 2000

ABF Leads Strong Quarter for Arkansas Best

Arkansas Best Corp. posted second quarter profits of $17.7 million, up 60% from $11.1 million reported second quarter 1999 and a company record

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Drivers•by Staff•July 21, 2000

Knight Earnings Up

Phoenix-based Knight Transportation Inc. reported second quarter 2000 revenue of $51.7 million, up 40.8% from the $36.7 million in second quarter 1999

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Drivers•by Staff•July 21, 2000

UPS Posts Record Quarter, Gains in All Segments

Increased volume and market share growth gave UPS record financial performance for the second quarter of 2000

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Drivers•by Staff•July 21, 2000

Old Dominion Posts Record Revenue, Earnings

Old Dominion Freight Line, an inter-regional and multi-regional LTL carrier based in High Point, NC, posted second quarter 2000 revenue of $120.1 million, up 13.1% from $106.2 million in second quarter 1999, and net income of $4.6 million, up 7.3% from $4.3 million.

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Drivers•by Staff•July 21, 2000

Fuel Prices, Used Truck Glut Hurts Werner

Despite record revenues for second quarter, Werner Enterprises’ profits showed the effects of high fuel prices and a weak used truck market

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Drivers•by Staff•July 21, 2000

Revenues Up, Profits Down For Transport Corp.

Transport Corp. of America reported second quarter 2000 revenues of $73.4 million, down from $75 million a year earlier

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Aftermarket•by Staff•July 21, 2000

Cat Profits Up Despite Soft U.S. Markets

Despite softer U.S. markets for construction equipment and truck engines, Caterpillar Inc. reported an 11% increase in profits for the second quarter of 2000

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Aftermarket•by Staff•July 20, 2000

Dina: We're Confident Western Star, Freightliner Will Act in Good Faith

Mexico's Consorcio Grupo Dina says it's hoping for a quick resolution to questions regarding its contract to build medium-duty trucks for Western Star

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Drivers•by Staff•July 20, 2000

Trucking Company Forks Over $2.6 Million to Accident Victims

The owner of a truck involved in an accident involving an Arbutus, Md., footbridge last year has agreed to a $2.6 million settlement with the accident’s victims

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Aftermarket•by Staff•July 20, 2000

DaimlerChrysler Closes Detroit Diesel Deal

DaimlerChrysler has announced that it will acquire the outstanding shares of Detroit Diesel and fold the American engine manufacturer with its Powertrain Unit into the Commercial Vehicles division of DaimlerChrysler. This combines products under the MTU-Friedrichshafen, Mercedes-Benz

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