Ryder System said Thursday its second-quarter profit fell to $22.9 million, or 41 cents a share, from $62.9 million, or $1.09, a year earlier.
July 23, 2009Search
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Iteris鈥 Income Falls for Fiscal 1Q
Iteris Inc., which makes lane-departure warning systems for the trucking industry, said Thursday its fiscal first-quarter profit decreased from a year ago.
July 27, 2009Letters: Nitrogen in Tires, Brokers Revisited, Impossibly Low Rates, California Reefers, It鈥檚 All About Freight, Squeaky Wheels
In reference to the story, 鈥淪afeway Fleet Set to Fill Tires With Nitrogen,鈥 which appeared July 6 on p. 8, I have been using nitrogen in my fleet since 2005. We have noticed that the tires stay at a constant pressure, and we have been able to get well over 250,000 miles out of our drive tires and 150,000 miles out of our steer tires.
July 27, 2009FedEx Expands Hybrid Fleet
FedEx Corp. said it has added 92 hybrid-electric trucks to its delivery fleet, the first standard FedEx delivery trucks converted to hybrid-electric systems.
July 21, 2009Eaton鈥檚 2Q Profit Declines
Vehicle parts manufacturer Eaton Corp. said Monday its second-quarter profit fell 91% and that its full-year earnings would be less than previously forecast due to slowing demand in Europe.
July 20, 2009Ericsson to Receive $5 Bln. to Run Sprint鈥檚 Networks
Sprint Nextel Corp., the third-largest U.S. wireless carrier, plans to pay Ericsson AB as much as $5 billion to manage its networks, offloading the expense of running its own systems.
July 20, 2009Class 8 Truck Sales Nosedive 31.2% in June
Heavy-duty U.S. retail truck sales continued to sag in June, leading to the most anemic first-half sales record in at least 20 years, according to the latest monthly survey by WardsAuto.com.
July 20, 2009Landstar鈥檚 2Q Income Declines
Truckload carrier Landstar System said late Wednesday its second-quarter net income fell to $17.9 million, or 35 cents a share, from $29.8 million, or 56 cents, a year ago.
July 16, 2009Freightliner Unveils Natural Gas Truck
Freightliner Trucks has introduced its first natural gas-powered truck, the Freightliner Business Class M2 112 NG, the company said.
July 8, 2009Quiet Logistics Expands Kiva System Capacity
Third-party logistics firm Quiet Logistics has tripled the capacity in its Kiva Mobile Fulfillment System in less than six months, Kiva said.
July 7, 2009