Ryder System said Friday its fourth-quarter profit rose 9.3%, as its contract business improved.
February 1, 2008Business, Technology
Railroads Investing in More Upgrades, Journal Reports
U.S. railroads are making big investments in their networks, having spending $10 billion to expand tracks, build freight yards and buy locomotives since 2000, and are planning an additional $12 billion in upgrades, the Wall Street Journal reported Wednesday.
February 13, 2008Government, Business, Technology, Equipment, Safety
Ryder Boosts Dividend
Ryder System鈥檚 board approved a 2-cent increase in its quarterly dividend, to 23 cents a share.
February 11, 2008Business, Technology
Xata Completes GeoLogic Acquisition
Xata Corp. said it has completed its $17.5 million acquisition of fleet tracking and communications firm GeoLogic Solutions.
February 4, 2008Business, Technology, Equipment, Safety
Karmak 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, 2008Business, Technology, Equipment, Safety
Ryder鈥檚 Fourth-Quarter Income Improves
Business, Technology, Equipment, Safety
Landstar鈥檚 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, 2008Business, Technology, Equipment, Safety
ABF, 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, 2008Business, Technology, Equipment, Safety
Con-way TL Selects Qualcomm as New Communications System
Herb Schmidt, president of Con-way Truckload, said the carrier will replace its Geologic mobile communications equipment with Qualcomm鈥檚 OmniVision system.
January 28, 2008Business, Government, Safety, Technology, Equipment
Johnson Refrigerated Develops System for Automatic Defrost on Truck Bodies
Johnson Refrigerated Truck Bodies said that it has developed an automatic defrost option for its fiberglass truck bodies that is 鈥100% automatic, requires zero man-hours [and] no water.鈥
January 28, 2008Business, Technology, Equipment, Safety
Iteris Reports Higher 3Q Income
Iteris Inc., which makes lane-departure warning systems for the trucking industry, reported its fiscal third-quarter profit improved from a year ago.
January 25, 2008