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, 2009Transportation 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.
Eaton Gets $45 Million Grant to Provide Plug-in Hybrid Systems for Class 5 Trucks
Truck component maker Eaton Corp. said that it would provide the electric power systems for 378 Class 5 electric hybrid plug-in vehicles under a federal grant, which it called the 鈥渓argest commercial hybrid deployment鈥 ever.
August 24, 2009Rural Highway System Is Vital to Commerce, S.D. Trucking Executive Tells Senate Panel
Future U.S. economic vitality depends on an adequately funded rural road system that can accommodate heavier trucks, a South Dakota trucking company president told a Senate committee last week.
August 17, 2009DOT Targets Distractions
WASHINGTON 鈥 Transportation Secretary Ray LaHood an-nounced last week he will take steps to try to further curb distracting driving activities such as text messaging or using a cell phone or a Global Positioning System device.
August 10, 2009Rule Won鈥檛 Require Overhaul of Braking Systems, Experts Say
The National Highway Traffic Safety Administration鈥檚 decision to cut the maximum allowed stopping distance for large trucks by 30% will increase truck buyers鈥 costs somewhat, but will not force a widespread shift to new technology such as air disc brakes, industry groups and manufacturers said.
August 3, 2009Proposal to Reclassify Equipment Leases Seen as Tough Burden on Small Businesses
Finance and leasing industry officials said a proposal to reclassify equipment leases as a form of debt or asset, rather than an expense, would be difficult and costly for most companies to comply with.
August 3, 2009Iteris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, 2009So. Calif. Ports Expected to Approve Program to Speed Purchase of 500 More LNG Trucks
Harbor commissioners at the Ports of Los Angeles and Long Beach, Calif., are expected to approve a plan next month to spend $46.5 million in new grant funding from the state to fast-track the purchase of up to 500 new liquefied natural gas trucks, officials with both ports said.
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, 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, 2009Trending
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