Ryder System said Friday its fourth-quarter profit rose 9.3%, as its contract business improved.
February 1, 2008Search
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iTECH: Dual Tracking Mode — Best of Both Worlds?
Some makers of integrated mobile communication systems are adopting technologies that enable their fleet customers to take advantage of both the broad geographic coverage offered by satellites and high-volume, low-cost data transmission over cellular phone networks.
February 19, 2008Railroads Investing in More Upgrades, Journal Reports
U.S. railroads are making big investments in their networks, having spending $10 billion to expand tracks, build freight yards and buy locomotives since 2000, and are planning an additional $12 billion in upgrades, the Wall Street Journal reported Wednesday.
February 13, 2008Ryder Boosts Dividend
Ryder System’s board approved a 2-cent increase in its quarterly dividend, to 23 cents a share.
February 11, 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, 2008Xata Completes GeoLogic Acquisition
Xata Corp. said it has completed its $17.5 million acquisition of fleet tracking and communications firm GeoLogic Solutions.
February 4, 2008Landstar’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, 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.
January 28, 2008Iteris Reports Higher 3Q Income
Iteris Inc., which makes lane-departure warning systems for the trucking industry, reported its fiscal third-quarter profit improved from a year ago.
January 25, 2008