Ryder System said Friday its fourth-quarter profit rose 9.3%, as its contract business improved.
February 1, 2008Fleet 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.
Wal-Mart to Take Delivery of 4 LNG-Fueled Trucks
Westport Innovations said Tuesday that Wal-Mart Stores will introduce four liquefied natural gas-fueled Peterbilt 386 trucks at its distribution center in Apple Valley, Calif.
February 5, 2008Volvo Extends Partnership with Cummins for 2010 Engines
Volvo Trucks North America said Monday it will offer a heavy-duty engine made by Cummins Inc. that is certified for 2010 emissions standards for its Volvo VN Class 8 trucks, extending an existing agreement between the two.
February 4, 2008Visteon Sells Some Aftermarket Facilities
Visteon Corp. said it sold some of its non-core underhood and remanufacturing facilities to Centrum Equities. Terms were not disclosed.
February 4, 2008Karmak Updates Its Management System
Karmak Inc., a software supplier for the trucking industry, said it has released a major update of its Legend business management system, designed solely for the heavy-duty trucking industry.
February 4, 2008Cummins’ Profit Rises in Fourth Quarter
Diesel engine maker Cummins Inc. said Friday its fourth-quarter profit rose to $198 million, or $1 a share, from $189 million or 94 cents, a year ago.
February 1, 2008Ryder’s Fourth-Quarter Income Improves
Landstar’s Fourth-Quarter Profit Improves
Truckload carrier Landstar System said Thursday its fourth-quarter net income rose to $29 million, or 54 cents a share, from $28.7 million, or 50 cents, a year earlier.
January 31, 2008ABF, Teamsters Reach Labor Pact
Less-than-truckload carrier ABF Freight System said Wednesday it has reached a tentative collective bargaining agreement with the Teamsters union on a new five-year labor pact.
January 30, 2008ArvinMeritor Reports 1Q Loss
Trucking components maker ArvinMeritor Inc. Tuesday reported a $12 million, or 17 cents a share for its fiscal first quarter, compared with a profit of $7 million, or 10 cents a share, in the previous first quarter.
January 29, 2008Con-way TL Selects Qualcomm as New Communications System
Herb Schmidt, president of Con-way Truckload, said the carrier will replace its Geologic mobile communications equipment with Qualcomm’s OmniVision system.
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