Union Pacific orders 1,500 reefer boxcars, from staff and wire reports Union Pacific Railroad and Trinity Industries Inc announced July 18 that Union Pacific has increased its order of 64-foot refrigerated boxcars to 1,500... Court OKs sale of Fleming wholesale operation, from staff and wire reports The United States Bankruptcy Court has approved procedures for the sale of Fleming Companies Inc’s grocery wholesale operation. As previously announced,... Landstar quarterly revenue flirts with record, from staff and wire reports Jacksonville FL-based Landstar System Inc reported net income of $13.6 million in 2003’s second quarter. Net income in the 2002 second quarter was $12.2... Werner Enterprises makes money in 2Q, By Tim Parry Werner Enterprises Inc said its operating revenues rose 6% to $362.3 million and its net income climbed 20% to $19.9 million in second-quarter 2003. “Our... Truck-related crash fatalities decline in 2002, By Tim Parry According to figures released July 17 by the National Highway Traffic Safety Administration (NHTSA), the trucking industry recorded its best highway safety... CoolBrands tallies a robust fiscal quarter, from staff and wire reports CoolBrands International Inc’s net earnings for the quarter ended May 31, 2003, were $8,957,000, compared with net earnings of $6,826,000 for the same... Marten announces three-for-two stock split, from staff and wire reports The board of directors of Marten Transport Ltd, a Mondovi WI-based temperature-sensitive truckload motor carrier, has declared a three-for-two stock split... About 28% of bridges deficient or obsolete, from staff and wire reports An estimated 28% of all United States highway bridges are considered deficient or obsolete, according to a study by The Road Information Program (TRIP).... Firm to invest $200 million in Aurora Foods, from staff and wire reports Aurora Foods Inc, a St Louis MO-based producer and marketer of frozen food brands, has entered into a definitive agreement regarding its previously announced... Supervalu savors its fiscal momentum, from staff and wire reports Supervalu Inc, the Minneapolis MN-based retail grocery chain, reported results for the first quarter of fiscal 2004, which ended June 14, 2003. The company... Weis Markets sweetens dividend by 3.7%, from staff and wire reports The board of directors of Weis Markets Inc, a Sunbury PA-based grocery chain, increased the company’s quarterly dividend by $.01 to $.28 per share—a 3.7%... ArvinMeritor attempts to take over Dana, By Tim Parry In what has been described as a hostile takeover attempt, ArvinMeritor Inc announced that it intends to commence a tender offer to acquire all of the... Fleming, C&S sign purchase agreement, from staff and wire reports Fleming Companies Inc and C&S Wholesale Grocers Inc have signed a definitive asset purchase agreement to sell Fleming’s wholesale grocery business to... Swift obtains assets of Merit Distribution, from staff and wire reports Swift Transportation Co Inc has purchased certain assets of Merit Distribution Services Inc for $76 million. The price includes $26 million for revenue... Eaton Vorad delivers 200 systems to TransAm, from staff and wire reports Eaton Vorad has delivered 200 Eaton Vehicle Information Management Systems (EVIMS) to TransAm Trucking Inc, a refrigerated truckload carrier based in... Ahold probe finds $1.1 billion in discrepancies, from staff and wire reports As a four-month probe of Netherlands-based supermarket and foodservice operator Royal Ahold ended, the company said it had found another $84.4 million... Aurora Foods to undergo financial overhaul, from staff and wire reports Aurora Foods Inc, a St Louis MO-based producer and marketer of frozen food brands, is undertaking a financial restructuring designed to reduce its outstanding... Sysco to open fold-out distribution facility, from staff and wire reports Sysco Corp, the Houston TX-based foodservice marketer and distributor, plans to open a broadline distribution “fold-out” facility in Fargo ND. The new... Safety advocacy group challenges HOS rule, By Tim Parry Safety advocacy group Public Citizen has filed a petition in the United States Court of Appeals for the District of Columbia in an attempt to block the... Stampede Meat voluntarily recalls frozen beef, from staff and wire reports Stampede Meat Inc has begun a voluntary recall for about 739,000 pounds of frozen beef produced the week of March 17–22, 2003, that may be contaminated... Fleming intends to sell wholesale grocery business, from staff and wire reports Fleming Companies Inc and C&S Wholesale Grocers Inc have entered into a letter of intent regarding the sale of Fleming’s wholesale grocery business to... Kroger purchases 13 Food Town stores, from staff and wire reports The Kroger Co has purchased 13 Food Town stores in the Toledo OH area. Financial terms were not disclosed. These stores, which average 45,000 square feet... CoolBrands ices Nestlé, Dreyer’s asset deal, from staff and wire reports The Federal Trade Commission (FTC) has approved CoolBrands International Inc as purchaser from Nestlé of substantially all Häagen-Dazs frozen dessert... Spartan Stores sees sales sag in year-end tally, from staff and wire reports Grand Rapids MI-based Spartan Stores Inc, the nation’s ninth-largest grocery distributor, has reported financial results for its fiscal 2003 fourth quarter... Ahold USA subsidiary’s president bows out, from staff and wire reports William Grize, president and chief executive officer of Ahold USA, has accepted the resignation of Frank Curci, effective immediately. Curci, who served...
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