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A.M. Executive Briefing - April 21
In the news this morning: KLLM CEO receives backing to make counter-offer to Low's buyout bid; Knight Transportation buys Fastway Systems; and J.B. Hunt lands operations deals with 31 Wal-Mart distribution centers.
April 21, 2000Analyst Calculates Average Fleet Fuel Costs
Higher fuel prices obviously increase the cost of trucking. But how much? Martin Labbe Associates crunched the numbers and, according to their formulas, it comes out to an increase of between 5 and 6 cents per mile.
April 20, 2000Buying Fuel Where It's Cheapest
Trucking companies base fuel purchasing decisions on regional variations in prices, and that tendency has increased with the advent of products or policies that point drivers to truck stops with the lower diesel prices.
April 20, 2000P.M. Executive Briefing - April 20
This afternoon's headlines: UPS to buy back up to $1.2 billion in shares after record first-quarter performance; Study reveals conventional diesel/biodiesel mix cuts emissions; and Oregon's preclearance system reaches milestone.
April 20, 2000Roadlink USA Expects to Alter Intermodal
The top boss at RoadLink USA made big promises of changing the business model for intermodal trucking and logistics, saying his firm will will provide bigger profits to owner-operators and reshape how things are done.
April 20, 2000Class 8 Sales Still Defy Expectations
Class 8 truck sales went up again in March, staying above 1999’s pace, despite projections the truck market would drop off this year.
April 20, 2000A.M. Executive Briefing - April 20
In the news this morning: Sudden jump in crude oil futures may delay diesel price drop; CN's Tellier confident merger with BNSF will go through; and USA Truck's earnings walloped by high diesel prices.
April 20, 2000Overall Traffic Fatality Rate Rises, NHTSA Says
The fatality rate on the nation’s highways last year rose slightly from a record low in 2004, and overall fatalities and deaths from large truck crashes rose slightly, the National Highway Traffic Safety Administration said Thursday.
April 20, 2000America Online Buys Stock, Gets Content From PNV
PNV Inc. will be America Online's trucking site of choice after an April 19 announcement that the Internet giant bought a stake in the trucking Web portal and entertainment firm.
April 20, 2000White Flag Raised in Oregon
Truckers fighting to abolish Oregon’s weight-distance tax have been forced to concede defeat because of sky-high gasoline prices and fierce opposition from the American Automobile Association.
April 19, 2000