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Wall St. Wonders If Truck Stocks Have Peaked
While demand for freight hauling has been strong and trucking company profits have been on the rise, the outlook for trucking stocks is cloudy, said some industry analysts.
June 22, 2004TT's Seth Clevenger and Mike Senatore unpack the trends, surprises and shake-ups that define this year's Top 100 for-hire carriers..
Mack Introduces Lighter, Quieter Chassis at Las Vegas Event
LAS VEGAS — Mack Trucks Inc. unveiled its new Advantage chassis, which company officials said was lighter and quieter than its previous chassis, at the Truck Show here June 10.
June 22, 2004News Briefs - June 21
UPS, IPA Say They Will Seek Mediation • Mystic Tank Lines Closes New England Operations • Goodyear's 1Q Loss Narrows • Ariz. Trucking President: Mexican Trucks Won't Create Safety Threat • And more...
June 21, 2004Class 8 Sales Rise Again
U.S. retail sales of Class 8 trucks in May rose 28.8% from a year earlier, making total 2004 heavy-duty sales 44.5% higher than the first five months of 2003.
June 21, 2004TransCore Unveils Plan to Become Publicly Traded Firm
Freight-matching service and technology company TransCore Inc. filed a registration statement with the Securities and Exchange Commission June 10 to become a publicly traded company as part of an effort to raise equity, generate liquidity and repay debt during favorable market conditions, the company announced.
June 21, 2004TMC Joins Data Firm to Launch Web Site
The Technology and Maintenance Council of American Trucking Associations and information management company Continental DataGraphics said June 15 they launched an Internet-based technical information site for fleet maintenance professionals.
June 21, 2004News Briefs - June 18
Senate Confirms Greenspan to Fifth Term as Fed Chairman • Volvo to Buy Back Stock for as Much as $564 Million • Rail Intermodal Loadings Rise in Latest Week • Clarke Inc. Finance Officer Leaves Firm
June 18, 2004Knight Creates Refrigerated Truckload Subsidiary
Knight Transportation Inc. said late Thursday it had created a new subsidiary called Knight Refrigerated that is scheduled to begin operations in the third quarter of 2004.
June 18, 2004FAST Is the Key to Moving Freight Through Tacoma
At the Port of Tacoma it’s all about get ting the freight in and out — FAST, as in the Freight Action Strategy for Seattle and Tacoma. The state program is funded by government and private sources to improve freight mobility throughout Puget Sound, a regional economy that depends heavily upon Pacific Rim trade.
June 18, 2004EPA Releases Details of Emissions-Measuring Plan
The Environmental Protection Agency released initial details of a pilot program that would measure diesel exhaust emissions during highway use with portable, onboard emission measurement systems.
June 18, 2004