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Rush Enterprises posted first quarter 2000 net income of $1.1 million on gross revenues of $210 million versus $3.3 million on revenues of $177.8 million in first quarter 1999. Results for this year included a $1.5 million loss provision to increase the company's reserve for used truck valuation and repossession losses
Read More →Dorsey Trailers posted a first quarter 2000 net profit of $94,000 on sales of $45.1 million. Net income for the same period last year was $512,000 on sales of $44.8 million. John Pugh, CEO, said new trailer
Read More →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
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