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Large Firms Gain Clout in LTL Freight Market
Click here to write a Letter to the Editor. arcel carrier UPS Inc.'s move into the less-than-truckload market by purchasing Overnite Corp. brings the industry closer to a state where a small number of very large carriers are able to offer numerous types of trucking services, said industry analysts and two executives at UPS's competitors.
May 24, 2005
TT's Seth Clevenger and Mike Senatore unpack the trends, surprises and shake-ups that define this year's Top 100 for-hire carriers..
Existing ºÚÁϳԹÏÍø Sales Rise 4.5% in April to Record Rate
Sales of existing homes rose 4.5% in April to a record annual rate of 7.18 million, the National Association of Realtors said Tuesday.
May 24, 2005Refinery Shortfalls Reportedly Could Block Lower Fuel Prices
Click here to write a Letter to the Editor. ven if oil prices continue a recent downward trend, the likelihood of less expensive diesel and gasoline could be reduced because of a global refinery shortfall, the Wall Street Journal reported Tuesday.
May 24, 2005Study Cites Fuel, Maintenance as Critical Issues for Private Fleets
Controlling escalating fuel costs for U.S. private truck fleets is the top industry concern, according to the results of a survey by First Fleet Corp. released Tuesday.
May 24, 2005Yellow Roadway Completes Acquisition of USF Corp.
Yellow Roadway Corp. said Tuesday it completed the $1.37 billion acquisition of USF Corp.
May 24, 2005Allied Holdings Reports $10 Mln. First-Quarter Loss
Auto hauler Allied Holdings Inc. reported a net first-quarter loss of $10.1 million or $1.13 per share, compared with a loss of $9 million or $1.03 last year.
May 24, 2005USF Stockholders Approve Acquisition by Yellow Roadway
USF Corp. said Monday its stockholders approved the less-than-truckload carrier’s acquisition by Yellow Roadway Corp.
May 24, 2005G.I. Trucking Investing $24 Mln. in Trailers, Trucks, Equipment
G.I. Trucking Company said Tuesday it had invested about $24 million in fleet and other facility equipment to meet long-term demand from its customers.
May 24, 2005Diesel Drops 3.3 Cents to $2.156; Gasoline Continues to Fall
Click here to write a Letter to the Editor. he average price of U.S. retail diesel fuel fell for a fourth straight week, dropping 3.3 cents to $2.156 a gallon, the Department of Energy reported Monday.
May 24, 2005Letter to the Editor: N.J. Takes on Trucks
Click here to write a Letter to the Editor. hope that people are aware of the action New Jersey is taking against 18-wheelers. The state is enforcing a long-standing, but up until now mostly ignored minimum corporate tax.
May 24, 2005