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Ryder to Buy Lily’s Truck Leasing Business

Ryder System said Wednesday it will buy the truck leasing business of Lily Transportation Corp., a Northeast regional transportation services company based in Needham, Mass.

December 20, 2007

ATA to Defend Owner-Operator System

American Trucking Associations has launched a campaign to protect the trucking industry’s use of independent contractors, a move officials said is needed to counter recent court decisions and an increasingly “hostile” legislative environment.

December 10, 2007

SDA Unveils EyStar Pocket-Size GPS Unit

Secured Digital Applications, a provider of asset-tracking services, has unveiled its new pocket-size Bluetooth Global Positioning System receiver, saying it offers a cheaper alternative to comparable vehicle-mounted systems.

December 10, 2007

Barclays Cuts Investment in Ryder System

Financial firm Barclays Global Investors, which had been the largest shareholder in Ryder System, has reduced its stake in Ryder by more than 50%, Bloomberg reported.

December 10, 2007

Ice Storm Wreaks Havoc from Plains to Northeast

A large storm system that left ice on roads from the Plains to the Northeast has caused blackouts and led to at least 13 traffic deaths, the Associated Press reported Monday.

December 10, 2007

Landstar CEO Says Revenue, Volume Growing

Truckload carrier Landstar System will increase fourth-quarter revenue in the “mid-single-digit range,” Chief Executive Officer Henry Gerkens said in a conference call with investors, Bloomberg reported.

December 4, 2007

Ryder to Combine Supply Chain Units

Ryder System said Friday it will combine its U.S. and International Supply Chain Solutions business units to form a single integrated organization to serve SCS customers globally.

November 30, 2007

Allied Systems to Buy PTS

Performance Transportation Services, a Wayne, Mich., auto transporter, said it, along with certain subsidiaries, will file for chapter 11 bankruptcy as part of a $67 million deal to sell nearly all of its assets to Allied Systems Holdings.

November 21, 2007

UPS Executive Urges Shippers To Back Taxes for Infrastructure

ATLANTA — UPS Inc.’s incoming chief financial officer told shippers here what freight carriers have long heard: The U.S. transportation network is so clogged — and getting worse — that Congress must create an infrastructure improvement plan and pay for it with dedicated taxes on the system’s users.

November 19, 2007