Ryder System said Friday its fourth-quarter profit rose 9.3%, as its contract business improved.
February 1, 2008Search
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Ryder Boosts Dividend
Ryder System’s board approved a 2-cent increase in its quarterly dividend, to 23 cents a share.
February 11, 2008Maintenance Execs Say Costs, DPF Service Are Top ’07 Issues
ORLANDO, Fla. — Uncertainty about the life cycle of key emission control components and higher maintenance costs have emerged as the top concerns fleets have with 2007 heavy-duty diesel engines, maintenance and equipment heads at several major carriers said here.
February 11, 2008Wal-Mart to Take Delivery of 4 LNG-Fueled Trucks
Westport Innovations said Tuesday that Wal-Mart Stores will introduce four liquefied natural gas-fueled Peterbilt 386 trucks at its distribution center in Apple Valley, Calif.
February 5, 2008Visteon Sells Some Aftermarket Facilities
Visteon Corp. said it sold some of its non-core underhood and remanufacturing facilities to Centrum Equities. Terms were not disclosed.
February 4, 2008Karmak Updates Its Management System
Karmak Inc., a software supplier for the trucking industry, said it has released a major update of its Legend business management system, designed solely for the heavy-duty trucking industry.
February 4, 2008Volvo Extends Partnership with Cummins for 2010 Engines
Volvo Trucks North America said Monday it will offer a heavy-duty engine made by Cummins Inc. that is certified for 2010 emissions standards for its Volvo VN Class 8 trucks, extending an existing agreement between the two.
February 4, 2008Cummins’ Profit Rises in Fourth Quarter
Diesel engine maker Cummins Inc. said Friday its fourth-quarter profit rose to $198 million, or $1 a share, from $189 million or 94 cents, a year ago.
February 1, 2008Landstar’s Fourth-Quarter Profit Improves
Truckload carrier Landstar System said Thursday its fourth-quarter net income rose to $29 million, or 54 cents a share, from $28.7 million, or 50 cents, a year earlier.
January 31, 2008ABF, Teamsters Reach Labor Pact
Less-than-truckload carrier ABF Freight System said Wednesday it has reached a tentative collective bargaining agreement with the Teamsters union on a new five-year labor pact.
January 30, 2008