Ryder System’s fourth-quarter profit fell to $8.2 million, or 15 cents a share, from $10.6 million, or 19 cents, a year earlier.
February 3, 2010Fleet Equipment News
Commercial freight transportation is a machine-based business. Highly technical equipment and advanced engineering are at the center of supply chain and require constant innovation. Transport Topics equipment coverage focuses on the machines and other physical assets that make delivery possible. It looks closely at available truck, trailer, and chassis models, developments in the engineering space, and maintenance innovations and best practices.
Cummins, Chrysler Set Contract Extension
Cummins Inc. announced a multi-year extension of its current agreement with Chrysler Group, continuing a partnership that began 21 years ago.
February 4, 2010Ryder’s 4Q Income Declines
ArvinMeritor Reports Improved Fiscal 1Q
Truck components maker ArvinMeritor Inc. said Tuesday its fiscal first-quarter was break-even, compared with loss of $961 million, or $13.29 a share, a year ago, which included $856 million in write-downs.
February 2, 2010Cummins’ Fourth-Quarter Profit Jumps to $270 Million
Diesel engine maker Cummins Inc. said Tuesday its profit jumped in the fourth quarter due in part to strong sales in China, India and Brazil.
February 2, 2010Bose Corp. Unveils Sophisticated Truck Seat Designed to Ease Wear and Tear on Drivers
FRAMINGHAM, Mass. — Bose Corp., the acoustics company best known for its high-end audio equipment and noise-canceling headphones, last week unveiled a sophisticated heavy-duty truck seat designed to ease the wear and tear on drivers.
February 1, 2010GE Exits Truck Trailer-Tracking Business
I.D. Systems Inc., Hackensack, N.J., paid $15 million in cash to purchase General Electric Co.’s trailer-tracking business, Asset Intelligence LLC, the companies announced.
February 1, 2010Bose Enters Trucking Sector With High-Tech Seat
FRAMINGHAM, Mass. — Audio products maker Bose Corp. has jumped into the trucking sector, unveiling a high-tech seat for over-the-road drivers to combat road vibration.
January 27, 2010Landstar’s 4Q Income Declines
Truckload carrier Landstar System said late Wednesday its fourth-quarter net income fell to $18.6 million, or 37 cents a share, from $24.6 million, or 47 cents, a year ago.
January 27, 2010Iteris’ Income Decreases in Fiscal 3Q
Iteris Inc., which makes lane-departure warning systems for the trucking industry, said Thursday its fiscal third-quarter profit decreased from a year ago.
January 26, 2010Eaton’s 4Q Profit Improves
Vehicle parts manufacturer Eaton Corp. said Monday its fourth-quarter profit rose 29% from a year ago and that it expects its markets to grow 5% this year.
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