Roadrunner Transportation Systems’ first-quarter profit climbed to $7.9 million, or 25 cents a share, from $4.4 million, or 14 cents, a year ago.
May 4, 2012PerspectiveGovernmentBusinessTechnologyEquipment
Opinion: Why an EOBR Mandate Is a Bad Idea
The Federal Motor Carrier Safety Administration continues to be dead set on forcing every commercial vehicle in the United States to carry an electronic onboard recorder — better known as an EOBR — despite the device’s hefty price tag and general uselessness as a safety tool.
May 14, 2012BusinessEquipment
Commercial Vehicle Group Reports Higher 1Q Income
Commercial Vehicle Group’s first-quarter profit improved, the truck and auto components maker said.
May 9, 2012BusinessEquipment
Goodyear, Cooper Tire Report Mixed 1Q Results
Goodyear Tire & Rubber Co. reported a first-quarter loss, citing refinancing charges that offset higher revenue.
May 9, 2012BusinessEquipment
Meritor’s 2Q Profit Improves
Meritor Inc.’s fiscal second-quarter profit rose 18% on stronger performance in its truck segment.
May 8, 2012BusinessEquipment
Visteon Posts 1Q Loss on Restructuring Costs
Visteon Corp. reported a first-quarter loss on Wednesday, citing restructuring charges.
May 2, 2012BusinessLogisticsEquipment
Trailer Orders Surge Cools, but Manufacturers Stay Busy
New orders for trailers continued at a strong pace in March, despite dropping 30% from a year ago, ACT Research Co., Columbus, Ind., reported, adding that total orders for the first quarter were down just 1% from the strong performance in the first three months of 2011.
April 30, 2012GovernmentBusinessTechnologyEquipment
ATA Calls for EOBRs in Highway Bill
American Trucking Associations urged members of the upcoming House-Senate highway-bill conference to include a mandate for electronic onboard recorders, in order to help drivers and carriers meet federal hours-of-service mandates.
April 26, 2012BusinessEquipment
Accuride’s Loss Declines; Sales Rise
Component maker Accuride Corp.’s first-quarter loss narrowed as sales rose, the company said.
April 25, 2012BusinessTechnologyEquipmentSafety
Ryder’s First-Quarter Income Rises
Ryder System on Tuesday said its first-quarter profit rose from a year ago on higher freight volumes, stronger used vehicle sales and improved rental and leasing revenue.
April 24, 2012