Ryder System said Thursday its second-quarter profit fell to $22.9 million, or 41 cents a share, from $62.9 million, or $1.09, a year earlier.
July 23, 2009Search
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Matt Silver, CEO of Cargado, discusses how AI, data and smarter platforms are reshaping cross-border shipping.
FedEx Expands Hybrid Fleet
FedEx Corp. said it has added 92 hybrid-electric trucks to its delivery fleet, the first standard FedEx delivery trucks converted to hybrid-electric systems.
July 21, 2009Ericsson to Receive $5 Bln. to Run Sprint’s Networks
Sprint Nextel Corp., the third-largest U.S. wireless carrier, plans to pay Ericsson AB as much as $5 billion to manage its networks, offloading the expense of running its own systems.
July 20, 2009Landstar’s 2Q Income Declines
Truckload carrier Landstar System said late Wednesday its second-quarter net income fell to $17.9 million, or 35 cents a share, from $29.8 million, or 56 cents, a year ago.
July 16, 2009Quiet Logistics Expands Kiva System Capacity
Third-party logistics firm Quiet Logistics has tripled the capacity in its Kiva Mobile Fulfillment System in less than six months, Kiva said.
July 7, 2009Landstar Buys Two Supply Chain Companies
Landstar System said it has purchased two Michigan-based supply chain transportation firms that focus on transportation technology systems.
July 2, 2009Brokers, 3PLs Gaining Share as Recession Spurs Competition
Freight brokers and other third-party logistics providers say their non-asset-based models are helping them to steadily gain market share during the ongoing recession.
June 29, 2009Ryder Earns 3PL Cross-Border Security Certification
Ryder System said it has been certified as a third-party logistics provider in the Custom-Trade Partnership Against Terrorism program, an initiative that seeks to promote supply chain security and reduce border vulnerabilities.
June 24, 2009EGR vs. SCR Battle Also Rages in Truck Classes 3-7 for 2010
Diesel emission standards change again in January 2010, but unlike the previous modifications when all manufacturers used essentially the same emission-controlling technology, medium-duty truck buyers next year will have a choice of competing systems.
June 22, 2009Obama, House Panel Spar Over Highway Plan
WASHINGTON — Setting up what could be a major confrontation between Congress and the White House over transportation policy, a key House committee unveiled a $500 billion blueprint to remake the U.S. transport system, while on the same day the administration instead proposed extending the current plan for 18 months.
June 22, 2009