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, 2010Search
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Obama Plan for High-Speed Rail Raises Concerns at Freight Firms
The Obama administration’s $8.5 billion plan to advance U.S. high-speed rail programs is being questioned by trucking interests and the freight railroads whose tracks would host most of the new services, officials in both industries said.
February 8, 2010Execs Warn on CSA 2010
SAN DIEGO — CSA 2010, the new federal safety monitoring and rating system for motor carriers, is likely to be the most important and potentially disruptive federal policy development for trucking to come out of Washington this year, fleet executives and industry watchers said last week.
February 8, 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 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, 2010IdleAire Ceasing Operations
IdleAire Inc., which provided stationary power for trucks to use at truck stops in lieu of idling, is ceasing operations Friday because it was unable to find a buyer for its assets, the Knoxville (Tenn.) News-Sentinel reported.
January 29, 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, 2010Diamond Phoenix, System Logistics Complete Merger
Diamond Phoenix and System Logistics have completed their merger and are now operating as one company under the System Logistics Corp. name, the company said Wednesday.
January 22, 2010