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Goodyear Posts $358 Mln. 4Q Loss on Strike Impacts
Goodyear Tire & Rubber Co. reported Friday it lost $358 million in the fourth quarter due to a strike at 16 of its plants that reduced sales.
February 16, 2007Justin Olsen, maintenance director at TCW, breaks down the hidden impact of poor trailer management on operations, compliance and safety.Â
Michelin Reports Lower Profit in 2006
Tire maker Michelin said Thursday it earned about $750 million or $5.20 a share in 2006, down from $1.17 billion or $8.04 in 2005.
February 15, 2007Ryder to Boost Dividend 3 Cents to 21 Cents a Share in March
Ryder System said Monday its board approved a 3-cent increase in its dividend, boosting the payout to 21 cents a share.
February 12, 2007Bandag’s Fourth-Quarter Income Dips
Tire retreader Bandag Inc. reported fourth-quarter net income of $10.9 million or 56 cents a share, compared with $12 million or 62 cents a year earlier.
February 8, 2007Technology Briefs — Jan. 30 - Feb. 5
Analyst Says More Ethanol Won’t Stem Consumption • Extol to Provide Software to C.R. England • J.B. Hunt Chooses PAR System for Reefer Tracking
February 5, 2007SkyBitz, Stemco to Offer Mileage Readings for Trailer-Tracking System
Trailer-tracking technology maker SkyBitz Inc. and has teamed with Stemco LP to offer mileage readings in conjunction with real-time trailer tracking for commercial fleets and trailer leasing companies, the two said Monday.
February 5, 2007Diesel Engine Update: Some Carriers Are Warming to ’07 Models
While other carriers were debating whether to buy even one Class 8 truck with a 2007 EPA-certified engine, Mike Hasinec at Penske Truck Leasing Co. was knee-deep in testing 2007 engine performance.
ArvinMeritor to Sell Emissions Technology Business for $310 Million
Components maker ArvinMeritor Inc. said Friday it plans to sell its emissions technologies business to a private equity firm for $310 million.
February 2, 2007Ryder System’s Fourth-Quarter, Full-Year Income Rise
Ryder System’s fourth-quarter profit rose 12% to $65.8 million or $1.08 cents a share, from $58.8 million or 92 cents a year earlier.
February 2, 2007Landstar System’s Fourth-Quarter Income Declines
Truckload carrier Landstar System’s fourth-quarter net income fell to $28.7 million or 50 cents a share, from $41.8 million or 70 cents a year earlier.
February 1, 2007