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TRUCKINGS' WORLDWIDE
* USA - Trucking firm YRC could start union talks early
Akron,OH,USA Akron -Beacon Journal/Bloomberg, by Ripley Watson -29 July 2006: -- YRC Worldwide Inc., the biggest U.S. trucker, said it's prepared to start contract talks early with the Teamsters union... "We'd be interested in doing that'' YRC CEO William Zollars said, without giving a time frame for a possible reopening. The company's Teamsters contract, covering 50,000 employees, expires in 2008... Early talks would reassure customers, Zollars said...
* USA - Titan Transfer to Set Up New Trucking Operation in Tennessee
VONORE, Tenn.,USA -Expansion Management (Cleveland,OH) -August 1, 2006: -- Titan Transfer has approximately 300 employees at present, plus additional workers in its affiliated companies... Titan Transfer Inc. recently announced that it will hire up to 75 drivers and create a new trucking operation located in the Niles Ferry Industrial Park in Vonore, Tenn...
* USA - Avondale Mills sells plant, trucking division
COLUMBIA, S.C.,USA -WTVM (Columbus,GA) -28 July 2006: -- Avondale Mills Incorporated said today it has agreed to sell a plant and its trucking division, preserving about 200 jobs in Alabama and South Carolina... The trucking division, based in Sylacauga, Alabama, has been sold to Mount Vernon Mills, a Greenville, South Carolina-based textile company. The deal includes around 60 trucks and more than 350 trailers...
* USA - North East Residents Say "No" To Roberts Trucking Terminal
Erie,PA,USA -WSEE -28 July 2006: -- Concerned citizens overflowed the North East Township building Thursday night to voice their concerns... In the end, they hope to sway township supervisors away from a zoning variance that could change the face of their quiet community... Concerns range from jake brake noise pollution, to potential traffic problems, to diesel fumes blowing across the community... Roberts Trucking wants to build a 180,000 square ft. storage warehouse and a 12,500 square ft service center on a 25 acre vineyard located on Station Road in Norht East... has applied for a rezoning variance to change the entire plot to a commercially zoned property...
* USA - Truck agrees to purchase Iowa Mold Tooling Co.
Oshkosh,Wisconsin,USA -The Oshkosh Northwestern, by Jeff Bollier -July 29, 2006: -- Oshkosh Truck Corp. has agreed to purchase Iowa Mold Tooling Company Inc. from American Capital Strategies Ltd. for $131 million in cash... The company expects to complete the acquisition of the manufacturer of field service vehicles and truck-mounted cranes by Sept. 30, according to a press release issued Friday...
* Canada - Truckers roast TransLink
Burnaby,British Columbia, Canada -Burnaby Newsleader/Black Press , by Jeff Nagel -Jul 28 2006: -- TransLink is contesting claims by the B.C. Trucking Association that it spends little on area roads despite rising revenues... TransLink’s $800-million budget is up from $640 million in three years and is on track to hit $1.185 billion by 2010, he said in an open letter... TransLink officials say there is no financial crisis... All projects on its current three-year plan are fully funded, but those on its 10-year outlook face cuts if more revenue isn’t found...
* USA - Flora Trucking Firm Shuts Down
Salem,IL,USA -7WJBDRadio.com/Daily Clay County Advocate-Press -30 July 2006: -- Flora trucking firm has shut down operations. Employee owned McDaniel Transit employed 60 people... A driver who owned shares in the company, Matt Kuenstler, told the announcement came as a shock to those who worked at the company. He didn't think anyone saw it coming...
* USA - ArvinMeritor 3rd-qtr profit falls; tops estimate
CHICAGO,Ill,USA -Reuter5s -July 31, 205: -- Auto and truck parts maker ArvinMeritor Inc., said on Monday that quarterly earnings fell more than 50 percent after a labor disruption at a brake plant, but income from continuing operations exceeded expectations... Sales of car parts in Europe and truck parts in North America, its two biggest revenue producing units, drove overall revenue. ArvinMeritor expects the North America heavy truck market to stay strong in its fourth quarter, said...
* India - Sical Logistics Q1FY07 Net Rs 114.5 mln, up 37% on Year
Chennai,Tamil Nadu,India -Business Wire India -July 31, 2006: -- Sical Logistics Ltd, India's leading provider of integrated multi-modal logistics for bulk and containerized cargo, today announced unaudited results for the quarter-year to 30 June 2006... Q1 net profit was Rs 114.5 million, up 37% from Rs 83.8 million in the same period a year ago; Q1 net sales were Rs 2.42 billion against Rs 2.38 billion a year ago... Profit before tax was Rs 148.9 million, up 42% from Rs 104.3 million a year ago...
* UK - Northern Foods finally sells logistics subsidiary
UK -Transport Intelligence -31 July 2006: -- UK manufacturer Northern Foods has reached agreement for the proposed sale of the business and assets of NFT, its chilled distribution business, to a new group formed through a management buyout and backed by Phoenix Equity Partners... The new company will assume the name of NFT Distribution Holdings Ltd...
posted by Unknown @ 11:12 AM
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