Ryder System Wednesday reported third-quarter earnings of $70.2 million, or $1.25 per share, up from $65.5 million, or $1.11, a year ago.
October 22, 2008Search
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ArvinMeritor Cutting 1,250 Jobs, May Sell Auto-Components Unit
Heavy-duty truck parts maker ArvinMeritor Inc. said Friday it will cut 1,250 jobs and may sell the auto-components unit it had planned to spin off to shareholders.
October 31, 2008UPS to Buy New Hydraulic Hybrid Trucks
UPS Inc. said Monday it will buy seven new hydraulic hybrid vehicles produced by Eaton Corp. and Navistar International Corp.
October 27, 2008Iteris’ Income Falls for Fiscal 2Q
Iteris Inc., which makes lane-departure warning systems for the trucking industry, said late Tuesday its fiscal second-quarter profit decreased from a year ago.
October 21, 2008Eaton Reports Higher 3Q Income; Cuts ’08 Forecast
Vehicle parts manufacturer Eaton Corp. said Monday its third-quarter net earnings rose, but the company cut its full-year forecast due to economic conditions.
October 20, 2008Class 8 Sales Rise in September, But Orders Drop Dramatically
Heavy-duty truck sales in the United States grew for the fourth straight month in September, but year-to-date results remained weak and the recent national economic chaos led to a sharp drop in new orders during September.
October 20, 2008Landstar’s 3Q Profit, Revenue Rise
Truckload carrier Landstar System said late Wednesday its third-quarter profit rose to $32.8 million, or 62 cents a share, from $29.3 million, or 54 cents, a year ago.
October 16, 2008Ryder to Acquire Canadian Firms with Chinese Operations
Ryder System said it will acquire Transpacific Container Terminal Ltd. and CRSA Logistics Ltd., as well as CRSA’s operations in Hong Kong and Shanghai, China.
October 6, 2008Goldman Sachs Buys Stake in American Traffic Solutions
Goldman Sachs, which recently announced that it will convert into a federally regulated bank holding company, has purchased a minority stake in closely held American Traffic Solutions, a Scottsdale, Ariz., provider of electronic toll payment and video-based traffic enforcement systems.
October 6, 2008TransCore Introduces New Transponder To Work With Electronic Toll Systems
TransCore, a provider of radio-frequency identification devices, introduced a new transponder that is compatible with multiple electronic toll-collection systems.
October 6, 2008