Ryder System said Wednesday its fourth-quarter profit fell to $10.6 million, or 19 cents a share, from $71.9 million, or $1.24, a year ago.
February 4, 2009Search
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Manufacturers Tout Their Choices for 2010
Starting in 2010, fleets buying new trucks will have to decide between two very different engine systems, and manufacturers already are warning that selecting the competing platform will leave the owner with an inferior product.
February 9, 2009States Eye More Toll Roads
In a whirl of activity that is expected to accelerate in coming years, states are making toll roads a permanent part of the nation’s highway system and eyeing toll dollars as a way to plug gaping budget deficits.
February 9, 2009Express-1 Acquires 3PL First Class Expediting
Express-1 Inc., parent company of Express-1 Expedited Solutions, acquired First Class Expediting Services in a deal that may become a template for future acquisitions, Express-1’s chief financial officer said.
February 3, 2009ArvinMeritor Reports Fiscal 1Q Loss
Truck components maker ArvinMeritor said Wednesday its fiscal first-quarter loss from continuing operations was $991 million, or $13.71 per share, compared with a loss of $1 million, or 1 cent, a year ago.
February 4, 2009Cummins’ 4Q, Full-Year Profit Declines
Diesel engine maker Cummins Inc. said Tuesday its fourth-quarter profit fell 55% from a year ago, due to declining demand.
February 3, 2009Paccar Offers Aftermarket Particulate Filter
Paccar Inc.’s parts dealers are offering the company’s Engine Control Systems Purifilter, an aftermarket passively regenerating diesel particulate filter approved by the California Air Resources Board for installation and use in a wide variety of Class 8 trucks.
February 2, 2009Storm System Leaves Icy Roads in Many States
A large storm system stretching from Arkansas into the Northeast has left roads with as much as three inches of ice in many areas, the Associated Press reported Wednesday.
January 28, 2009Landstar’s 4Q Income Slips
Truckload carrier Landstar System’s fourth-quarter profit fell to $24.6 million, or 47 cents a share, from $29 million, or 54 cents, a year ago.
January 28, 2009Eaton’s Fourth-Quarter Income Declines
Vehicle parts manufacturer Eaton Corp. said Monday its fourth-quarter profit fell to $163 million, or 98 cents per share, from $256 million, or $1.71, a year earlier.
January 26, 2009