Ryder System Wednesday reported third-quarter earnings of $70.2 million, or $1.25 per share, up from $65.5 million, or $1.11, a year ago.
October 22, 2008Transportation Technology News
Commercial freight transportation businesses rely on data, intelligence, and novel solutions for operational efficiency. Transport Topics technology coverage investigates available technologies, real-world applications of business solutions, and the strategies necessary for advancement. News topics focus on the latest applied science, and issues range from autonomous vehicle and robotics innovations to management software, tracking and transparency, data analytics, blockchain, and the internet of things.
Ryder’s 3Q Earnings Improve
Iteris’ Income Falls for Fiscal 2Q
Iteris Inc., which makes lane-departure warning systems for the trucking industry, said late Tuesday its fiscal second-quarter profit decreased from a year ago.
October 21, 2008Greatwide Logistics to be Acquired by Investor Group
Greatwide Logistics Services, a provider of non-asset-based transportation and third-party logistics services, said it will be acquired by a private investor group.
October 21, 2008Landstar’s 3Q Profit, Revenue Rise
Truckload carrier Landstar System said late Wednesday its third-quarter profit rose to $32.8 million, or 62 cents a share, from $29.3 million, or 54 cents, a year ago.
October 16, 2008FMCSA Finalizes Driver Tracking Plan, Aims to Launch Safety Analysis in 2010
NEW ORLEANS — The Federal Motor Carrier Safety Administration is in the final stages of preparing its Driver Information Resource for use by trucking companies, an agency official said here.
October 15, 2008TransCore Introduces New Transponder To Work With Electronic Toll Systems
TransCore, a provider of radio-frequency identification devices, introduced a new transponder that is compatible with multiple electronic toll-collection systems.
October 6, 2008Qualcomm Offers In-Cab Scanning
Qualcomm Inc. added an in-cab scanning service to its mobile computing system, and launched a new reporting module designed to help carriers monitor how much fuel their drivers are burning, the company said last week.
October 6, 2008Goldman Sachs Buys Stake in American Traffic Solutions
Goldman Sachs, which recently announced that it will convert into a federally regulated bank holding company, has purchased a minority stake in closely held American Traffic Solutions, a Scottsdale, Ariz., provider of electronic toll payment and video-based traffic enforcement systems.
October 6, 2008Ryder to Acquire Canadian Firms with Chinese Operations
Ryder System said it will acquire Transpacific Container Terminal Ltd. and CRSA Logistics Ltd., as well as CRSA’s operations in Hong Kong and Shanghai, China.
October 6, 2008Letters to the Editor: Packaging, N.J. Turnpike, Relief Disaster, Seat-Belt Cameras, Trucking’s Cost
In this country and this economy, I, too, believe there’s a lot of unused space moving up and down our highways, creating inefficiencies.
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