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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

Opinion: Improving Carrier Profits

Increasing operating costs, declining revenues and tighter budgets have forced less-than-truckload carriers, private fleets and small-parcel carriers to eliminate unnecessary expenses — once they figure out which expenses those are.

April 10, 2009

DOT Freight Index Falls 6% in February

The Department of Transportation’s freight transportation services index fell 6% in February from a year earlier, its lowest level for the month of February in six years, DOT said Wednesday.

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

Letters: Closed Rest Areas, Those Railroad Ads (Cont.), Diesel Prices, Road Tax, Honoring Covenants

Someone needs to read the article that was published about the truck driver

shot and killed in Knoxville, Tenn.

April 6, 2009

Brokers Saw Decreased Profits in 2008, Survey Shows

Freight brokers and logistics providers saw profit margins decrease 5% in 2008 compared to the previous year due to volatile market conditions, a survey by transportation technology company TransCore shows.

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

ISM Services Index Shows Continued Contraction

The U.S. economy’s service sector continued to contract in March, the Institute for Supply Management said Friday.

April 3, 2009