Ryder System said Friday its fourth-quarter profit rose 9.3%, as its contract business improved.
February 1, 2008Search
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Cummins’ Profit Rises in Fourth Quarter
Diesel engine maker Cummins Inc. said Friday its fourth-quarter profit rose to $198 million, or $1 a share, from $189 million or 94 cents, a year ago.
February 1, 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, 2008ArvinMeritor Reports 1Q Loss
Trucking components maker ArvinMeritor Inc. Tuesday reported a $12 million, or 17 cents a share for its fiscal first quarter, compared with a profit of $7 million, or 10 cents a share, in the previous first quarter.
January 29, 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, 2008Truck Stops a Growing Sales Channel for Tire Makers
As truck stops become more consolidated into a few large national networks, tire manufacturers are finding that they can provide fleets with a full range of tire services — not simply emergency repairs and replacements — while trucks are on the road.
January 28, 2008Johnson Refrigerated Develops System for Automatic Defrost on Truck Bodies
Johnson Refrigerated Truck Bodies said that it has developed an automatic defrost option for its fiberglass truck bodies that is “100% automatic, requires zero man-hours [and] no water.â€
January 28, 2008Cummins to Add 500 Workers
Heavy-duty diesel engine maker Cummins Inc. said it will add about 500 professional employees, many of them engineers, over the next two years.
January 24, 2008