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Business: Page 1051
Business
YRC says lenders support restructuring plan
YRC Worldwide Inc. announced that the company has entered into definitive agreements with key stakeholders providing for their support of a comprehensive restructuring plan. The company reported that more than 95 percent of the senior secured lenders now have approved the restructuring documentation, as have 100 percent of the company’s multiemployer pension funds, along with […]
April 28, 2011
Business
Crete increases starting pay for new drivers
Crete Carriers announced that it is adding drivers to meet growing demand and has increased starting pay 2 cents per practical mile. Crete says this means new drivers can earn from 41 cents to 44 cents depending on experience. Crete Carrier Corp., based in Lincoln, Neb., provides dry van service, while operating division Shaffer Trucking […]
April 28, 2011
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Business
Van Steenburg appointed FMCSA assistant administrator, chief safety officer
The U.S. Department of Transportation announced that Jack Van Steenburg has been appointed assistant administrator and chief safety officer of the Federal Motor Carrier Safety Administration. Prior to his appointment, Van Steenburg served as the director of FMCSA’s Enforcement and Compliance Division, where he led all enforcement programs. During his 25-year career with the New […]
April 28, 2011
Business
FreightWatch: Cargo theft rates continue growth to record highs
FreightWatch International, a global logistics security solutions provider, announced publication of a special report covering five years of cargo theft data and analysis. With the development of its own cargo theft database, FreightWatch says it has assessed trends and anomalies that transcend the boundaries of short-term reports and provide industry professionals with a much broader […]
April 28, 2011
Business
Isuzu Commercial Truck offers Teletrac Fleet Director telematics system
Isuzu Commercial Truck of America Inc. announced that it will offer Fleet Director, the telematics system from Teletrac Inc., as an option in its 2011 and 2012 model year N-Series trucks. Fleet Director is a fully integrated Web-based solution designed to allow fleet managers and dispatchers to track vehicle usage in real time by sending […]
April 28, 2011
Business
Winnipeg techs win 2011 Volvo Trucks North America VISTA challenge
Service technicians from Beaver Truck Centre in Winnipeg, Manitoba, captured first place at the 2011 Volvo Trucks North America VISTA competition. The hands-on team competition, highlighting technician excellence, helps participants hone their skills while determining the top dealer service personnel. Members of the winning team – Dennis Baehnk, Chris Dunn and Daniel Teleglow – will […]
April 28, 2011
Business
TransChicago Truck opens Joilet location
TransChicago Truck, headquartered in Elmhurst, Ill., recently opened a new location in Joilet, Ill. The new location is on Interstates 55 and 80, an area that has heavy truck traffic. “Chicago is a fairly large metropolitan area, and although our territory for Freightliner extends only 50 miles in actual distance, we have the challenge because […]
April 28, 2011
Business
TCi Tire Centers opens new Texas locations
TCi Tire Centers announced the opening of two new centers located in Houston and Harlingen, Texas. “In order to offer our Texas-based fleet customers the product and services they need, TCi has explored the growth potential in these areas and believe strongly that adding these locations is beneficial to those fleets,” says Guy Pekle, president […]
April 28, 2011
Business
Hutchens evolves trailer slider system
Hutchens says the Hutch 9800 Series of heavy-duty trailer slider systems can fit the requirements for a standard 49-inch tandem axle or a widespread axle application. Overall subframe heights from 8 ½- to 10 ½-inch deep, combined with the Hutch 9700 Series suspension, are designed to result in a wide variation of mounting heights and […]
April 28, 2011
Business
Terra Environmental Technologies joins Diesel Technology Forum
The Diesel Technology Forum announced that Terra Environmental Technologies is the newest member to join the forum, a nonprofit organization that promotes the use of the newest clean diesel technologies in the United States. “We are extremely pleased to welcome Terra Environmental Technologies as a partner in the forum’s national effort to promote the newest […]
April 28, 2011
Business
Old Dominion says 1Q net income up 180.1%
Old Dominion Freight Line Inc. on Wednesday, April 27, said revenue for the first quarter ended March 31 increased 33.0 percent to $422.7 million from $317.8 million for the first quarter of 2010. Net income rose 180.1 percent to $21.6 million from $7.7 million. The company’s operating ratio improved to 91.0 percent from 94.8 percent. […]
April 27, 2011
Business
P.A.M. Transportation Services posts higher 1Q net loss
P.A.M. Transportation Services Inc. on Wednesday, April 27, reported a net loss of $1.98 million for the quarter ended March 31 compared to a net loss of $315,444 for the quarter ended March 31, 2010. Operating revenues were $85 million compared to $81.8 million. “I have very mixed emotions regarding our results from the first […]
April 27, 2011
Business
Frozen Food Express records higher 1Q loss
Frozen Food Express Industries Inc. on Wednesday, April 27, announced its financial and operating results for the quarter ended March 31: • Total operating revenue increased $6.3 million to $92.1 million in the first quarter of 2011 compared to $85.8 million in the same period of 2010; • Total operating revenue, net of fuel surcharges, […]
April 27, 2011
Business
American Central Transport debuts new website
American Central Transport Inc. has debuted a new Website dedicated to helping truckers find job opportunities with the Missouri-based transportation firm. Touting the promise of “Total Driver Satisfaction,” the new Website boasts testimonial videos from actual ACT workers – a company driver, an owner-operator and a lease-purchase operator – as well as a video message […]
April 27, 2011
Business
National Carriers chooses Blue Tree Systems
Blue Tree USA – a provider of fleet management, reefer monitoring and trailer tracking solutions – announced that National Carriers Inc. has signed a contract to install the R:Com Fleet Management System on its entire fleet of tractors and refrigerated trailers. National Carriers, based in Liberal, Kansas, is a diversified motor carrier providing refrigerated, livestock […]
April 27, 2011
Business
NASSTRAC honors A. Duie Pyle
A. Duie Pyle was the recipient of NASSTRAC’s 2011 Carrier of the Year Award in the Northeast Regional LTL category. The award is an annual program that recognizes transportation providers on a quantitative scale in five key areas: customer service, operational excellence, pricing, business relationship and leadership in technology. “Carriers and shippers alike perceive this […]
April 27, 2011
Business
Saia recognized by Lowe’s for 11th consecutive year
Saia Inc. announced that it has been named the 2010 Silver Team Award recipient by Lowe’s Companies Inc. This is the 11th consecutive year Saia has been recognized by the world’s second-largest home improvement company. “It is always exciting for us to be honored for the service we provide our customers,” says Rick O’Dell, president […]
April 27, 2011
Business
Swift terminal earns ASE Blue Seal of Excellence
Swift Transportation Co. recently congratulated its terminal shop in Albuquerque, N.M., for the ASE Blue Seal of Excellence for 2011. The certification recognizes technicians that have taken and passed written exams to demonstrate their expertise in truck repair and dedication to continuing education. The ASE Blue Seal of Excellence recognizes a facility that has a […]
April 27, 2011
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