"
This is the guy.
Tuesday, June 21, 2005
Wednesday, June 08, 2005
New Trucks for Under $200,000?
Yes, you read the headline correctly. The word on the street is that a major manufacturer of auto transport trailers will soon be offering new trucks and new trailers for under $200,000. If you're in the market for a new truck, you might want to hold off before you sign the papers for that huge truck loan.
If you pay $200,000 for a truck instead of $230,000, assuming an APR of 15% for 60 months, not only will you save the $30,000 in principal, you also save $7,500 in interest payments. It works out to $625 less going out the door every month.
Plus, if you're going with a new piece of equipment, there will be that much less cost associated with upkeep and maintenance.
If you're buying used, there's always the chance something expensive like a rear-end is getting ready to let go. Then you have to consider the extra cost of buying a warranty-- if the truck is even eligible. Plus, if the trailer has been over the road for several years, there's probably going to be some stuff that needs to be replaced or repaired: lights, wiring, chains, valves, etc. It all adds up.
I'd be looking for these under $200,000 trucks to be advertised some time toward the end of '05.
If you pay $200,000 for a truck instead of $230,000, assuming an APR of 15% for 60 months, not only will you save the $30,000 in principal, you also save $7,500 in interest payments. It works out to $625 less going out the door every month.
Plus, if you're going with a new piece of equipment, there will be that much less cost associated with upkeep and maintenance.
If you're buying used, there's always the chance something expensive like a rear-end is getting ready to let go. Then you have to consider the extra cost of buying a warranty-- if the truck is even eligible. Plus, if the trailer has been over the road for several years, there's probably going to be some stuff that needs to be replaced or repaired: lights, wiring, chains, valves, etc. It all adds up.
I'd be looking for these under $200,000 trucks to be advertised some time toward the end of '05.
Tuesday, June 07, 2005
GM Plans to Cut 25,000 U.S. Jobs by 2008 - Yahoo! News
GM Plans to Cut 25,000 U.S. Jobs by 2008 - Yahoo! News: "Speaking to shareholders at GM's 97th annual shareholder meeting in
Delaware, Chairman and Chief Executive Rick Wagoner said the capacity
and job cuts should generate annual savings of roughly $2.5 billion. GM
now employs about 111,000 hourly workers."
Delaware, Chairman and Chief Executive Rick Wagoner said the capacity
and job cuts should generate annual savings of roughly $2.5 billion. GM
now employs about 111,000 hourly workers."
Friday, June 03, 2005
Swift Transportation Company Driver Auto Hauler Division
Swift Transportation Company Driver Auto Hauler Division
I'm confused. I thought Swift recently sold the autohauler division to Blue Thunder, but the Google 'bot just downloaded this to my email.
I'm confused. I thought Swift recently sold the autohauler division to Blue Thunder, but the Google 'bot just downloaded this to my email.
Thursday, June 02, 2005
Ex-TV anchor steers car-hauler company - 06/02/05
Ex-TV anchor steers car-hauler company - 06/02/05: "Former local news anchor Katherine Adams runs A&M
Automotive Transport, which has hauled such special vehicles as the
James Bond Aston Martin."
Automotive Transport, which has hauled such special vehicles as the
James Bond Aston Martin."
Wednesday, May 25, 2005
Allied Update
It's kind of funny-- I was just talking with Randy Swift of Auto Transport Repair in Seattle about this company. Just got the following story delivered to my mailbox by the Google 'Bot. Originally published by Transport Topics
Allied Holdings Reports $10 Mln. First-Quarter Loss
Auto hauler Allied Holdings Inc. reported a net fourth-quarter loss of $10.1 million or $1.13 per share, compared with a loss of $9 million or $1.03 last year.
Allied said the higher loss was due to higher pension costs, workers’ compensation increases and interest expenses.
The company’s revenue rose 4.1% to $221 million for the quarter, Allied said in a statement Tuesday. The gain reflected higher revenue per delivered vehicle, which was partially offset by a 2.7% decline in the volume of vehicles delivered.
Its stockholders’ equity dropped to negative $51.9 million for the quarter from negative $41.5 million at the end of 2004, the company’s financial statement showed.
Allied is ranked No. 22 on the Transport Topics 100 list of the largest U.S. and Canadian trucking companies.
By Transport Topics
Allied Holdings Reports $10 Mln. First-Quarter Loss
Auto hauler Allied Holdings Inc. reported a net fourth-quarter loss of $10.1 million or $1.13 per share, compared with a loss of $9 million or $1.03 last year.
Allied said the higher loss was due to higher pension costs, workers’ compensation increases and interest expenses.
The company’s revenue rose 4.1% to $221 million for the quarter, Allied said in a statement Tuesday. The gain reflected higher revenue per delivered vehicle, which was partially offset by a 2.7% decline in the volume of vehicles delivered.
Its stockholders’ equity dropped to negative $51.9 million for the quarter from negative $41.5 million at the end of 2004, the company’s financial statement showed.
Allied is ranked No. 22 on the Transport Topics 100 list of the largest U.S. and Canadian trucking companies.
By Transport Topics
Monday, May 23, 2005
Classic Trucks
OK, OK, I know a dump truck and a tow truck aren't autohaulers, but I couldn't resist putting these up. Anybody got any pictures of old carhaulers? Send me an email and we'll put them up. Scans of old carhaulers, pictures of old carhaulers, antique carhauler websites. Let us know what's out there.
TimesDispatch.com | You need a hose fast? Here's how to get one
TimesDispatch.com | You need a hose fast? Here's how to get one
This sounds like a good company for autohaulers! (Especially the guys who haven't taken the time to put together a breakdown kit!)
This sounds like a good company for autohaulers! (Especially the guys who haven't taken the time to put together a breakdown kit!)
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