Truckload carrier Landstar System said Thursday its third-quarter net income slipped from a year ago, though its per-share income rose.
October 18, 2007Fleet 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.
Landstar’s 3Q Earnings Dip
Eaton’s Third-Quarter Earnings Rise
Heavy-duty vehicle parts manufacturer Eaton Corp. said Monday its third-quarter net earnings rose 4%, though the company lowered its full-year profit forecast.
October 15, 2007Ryder Completes Canadian Acquisition
Ryder System said Wednesday it completed its acquisition Pollock NationaLease, one of the largest privately owned commercial truck leasing and rental companies in Canada, as well as Pollock's logistics operations.
October 10, 2007Ryder Lowers Third-Quarter Outlook
Ryder System lowered its third-quarter and full-year earnings forecast Monday and said it would cut 300 jobs due to softness in the housing, construction and auto industries, the Associated Press reported.
October 9, 2007CARB Proposes to Mandate Equipment to Make Trucks More Fuel-Efficient by 2010
The California Air Resources Board, in a September staff report, proposed to require Class 8 trucks to be outfitted with fuel-efficiency technologies such as cab fairings, skirts, low-rolling-resistance tires and automatic tire-inflation systems by 2010.
October 9, 2007ArvinMeritor Trims Earnings Estimate
Heavy-duty component maker ArvinMeritor said fiscal fourth-quarter earnings may be less than previously forecast by as much as 40 cents a share because of a sluggish economy and charges related to suppliers, Bloomberg reported.
October 4, 2007Cummins to Form Engine Venture in Vietnam
Cummins Inc. said it has signed a memorandum of understanding with Vietnam Motors Industry Corp. to create a 50-50 joint venture to produce on-highway diesel engines in Vietnam.
October 1, 2007FMCSA Works With Fleets on Electronic Driver Checks
NASHVILLE, Tenn. — The Federal Motor Carrier Safety Administration is working with fleets to develop an employee notification system that would allow a fleet to download an applicant’s complete driving record before hiring, an FMCSA researcher said last week.
October 1, 2007Cummins Taps EGR for 2010 Engines
NASHVILLE, Tenn. — Cummins Inc. said it will not use selective catalytic reduction for its 2010 heavy-duty engines, making it the first manufacturer to reject the urea-based system widely used in Europe to cut emissions.
October 1, 2007Melton to Make Iteris’ System Standard
Iteris Inc., which makes safety systems for trucks, said Wednesday that flatbed carrier Melton Truck Lines will make Iteris’ lane departure warning systems standard equipment on about 1,000 new trucks over the next three years.
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