Ryder System said Wednesday its first-quarter profit rose 9% to $56.1 million, or 96 cents per share, from $51.3 million, or 84 cents, a year earlier.
April 23, 2008Search
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TransCore Unveils Rate Index Pro Database
Trucking technology system provider TransCore said its new Rate Index Pro product will provide single-lane, real-time truckload information that can be used in pricing and contract negotiations.
April 21, 2008Landstar’s First-Quarter Income Improves
Truckload carrier Landstar System’s first-quarter net income rose to $23.7 million, or 45 cents a share, from $21.6 million, or 38 cents, a year earlier.
April 17, 2008Ryder to Buy Florida Leasing Firm
Ryder System said Monday it will buy most of the assets of Florida-based Gator Leasing, which will add about 2,300 vehicles to Ryder's fleet.
April 14, 2008UAW Rejects Mediator on American Axle Strike, Paper Reports
Parts supplier American Axle & Manufacturing Holdings has asked a federal mediator to help broker a deal to end the a 48-day strike, but offer was rejected by the United Auto Workers union, the Detroit News reported Monday.
April 14, 2008Eaton’s 1Q Profit Gains; Trucking Segment Lags
Heavy-duty vehicle parts manufacturer Eaton Corp.’s first-quarter net earnings rose 5.6%, led by international sales, though its truck segment’s sales declined, the company said Monday.
April 14, 2008Cummins Begins Production at Chinese Fuel Systems Plant
Diesel engine maker Cummins Inc. said Tuesday it opened its first fuel systems manufacturing site outside of North America, the Cummins Fuel Systems Wuhan plant, in China.
April 8, 2008Rates Rise on Indiana Toll Road; Truckers Begin Using I-Zoom
The cost to drive on the Indiana Toll Road rose for all vehicles with three or more axles, as well as two-axle vehicles that were not using the I-Zoom electronic tolling system, which debuted on the road last week.
April 7, 2008Equipment Lessors Consolidate, Reduce Fleet Sizes to Adjust for Changing Demand
A weak economy and a deteriorating business environment for truckers are creating challenges and opportunities for equipment leasing and rental companies, executives in the field say.
March 31, 2008Cummins Releases CARB-Compliant APU
Diesel engine maker Cummins Inc. Wednesday unveiled two new auxiliary power unit systems that are compliant with new California Air Resources Board idle-reduction regulations.
March 26, 2008