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Landstar’s 4Q Income Slips

Truckload carrier Landstar System’s fourth-quarter profit fell to $24.6 million, or 47 cents a share, from $29 million, or 54 cents, a year ago.

January 28, 2009

Snow System Moving East; Roads in Several States To Be Affected

Weather forecasters posted winter storm warnings across the Northern Plains Monday, as a cold system threatened the region as it moved south and east, the Associated Press reported.

January 12, 2009

EPA Warns of Possible Dioxins In Cummins’ 2010 SCR System

The Environmental Protection Agency said it is concerned that emissions systems using a copper compound that engine maker Cummins Inc. will use in 2010 models could generate “likely human carcinogen” dioxins, in which case it would “likely not certify” the systems.

January 12, 2009

States’ Stimulus Plans Differ From Obama’s

Plans by some states for spending on new highways may undermine the planned economic stimulus, which would focus on existing roads and new transit systems, Bloomberg reported.

January 7, 2009

Eaton Sells VORAD System to Bendix

Truck parts and components maker Eaton Corp. said Monday it has sold its VORAD, or vehicle on-board radar, system to Bendix Commercial Vehicle Systems. Terms were not disclosed.

January 5, 2009

Ryder to Acquire Conn. Leasing Firm

Ryder System said it will acquire Edart Leasing Co., based in Hartford, Conn.

December 30, 2008

Ryder Completes Logistics Acquisition

Ryder System said Tuesday it has completed its acquisition of a Canadian logistics firm with operations in China.

December 23, 2008

Ryder to Cut 700 U.S. Jobs; Scale Back International Business

Ryder System will scale back its international business and cut 700 U.S. jobs while temporarily laying off 1,425 workers and focusing its operations on the United States, Canada, Mexico and the United Kingdom.

December 19, 2008

EPA to Require Sensors For Emissions in 2010

The U.S. Environmental Protection Agency has issued its final rule requiring heavy-truck manufacturers to install onboard diagnostic systems starting in 2010 to alert drivers when engine emission systems are malfunctioning or deteriorating.

December 15, 2008