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McLeod Acquires Logistics Software Firm

McLeod Software said Wednesday that it had purchased Intergrated Logistics Execution Network Systems, or iLENS, a logistics software company.

April 29, 2009

Hino Posts $628 Million Loss on Pension Charges

Hino Motors Ltd., Japan’s largest heavy-duty truck maker, had a wider-than-expected annual loss because of falling sales and one-time costs from a change in its pension system, Bloomberg reported Tuesday.

April 21, 2009

Landstar’s First-Quarter Income Declines

Truckload carrier Landstar System said its first-quarter net income fell to $13.9 million, or 27 cents a share, from $23.7 million, or 45 cents, a year ago.

April 16, 2009

Sterling Truck Corp. Closes After 11 Years

Sterling Truck Corp. officially ended its 11-year life span last month when the last Class 8 rolled off the St. Thomas, Ontario, assembly line, part of a final order for ABF Freight System Inc.

April 13, 2009

Massachusetts Weighs Transportation Reform

The Massachusetts House of Representatives has joined the Senate in approving a reform plan for the state’s transportation system.

April 10, 2009

Ryder Lowers 1Q Outlook

Ryder System Wednesday cut its first-quarter forecast, saying the ongoing recession has hurt its freight volumes and reduced demand.

April 8, 2009

Iteris Buys Hamilton Signal Assets

Iteris Inc., which makes lane-departure warning systems for the trucking industry, said Tuesday it acquired assets from Hamilton Signal including its Abacus system. Terms were not disclosed.

April 7, 2009

Old Dominion to Install PeopleNet’s Onboard Systems

Less-than-truckload carrier Old Dominion Freight Line said it will install PeopleNet’s onboard communications systems across its entire fleet of 5,100 trucks.

April 6, 2009

Navman Wireless Tracking Software Adds Reporting

Navman Wireless has added a reporting system to its Internet-based tracking software, Online-AVL, the company said.

April 6, 2009