Ryder System said Wednesday its first-quarter profit fell 88% and that it was suspending earnings forecasts for future quarters due to the uncertain economy.
April 22, 2009Search
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Volvo Backs Use of Longer, Heavier Trucks
BOSTON — Volvo Trucks joined the argument over allowing longer, heavier trucks on U.S. highways, saying Congress should allow them on the interstate system to relieve congestion, increase productivity, conserve fuel and cut greenhouse gas emissions.
May 18, 2009
Justin Olsen, maintenance director at TCW, breaks down the hidden impact of poor trailer management on operations, compliance and safety.Â
Penske Truck Leasing Hires CEI Group
Penske Truck Leasing Co. has retained accident management firm CEI Group to expand its capabilities for dealing with collision and claims repairs at its 16 North American collision repair centers, Penske said May 4.
May 12, 2009McLeod Acquires Logistics Software Firm
McLeod Software said Wednesday that it had purchased Intergrated Logistics Execution Network Systems, or iLENS, a logistics software company.
April 29, 2009Hino Posts $628 Million Loss on Pension Charges
Hino Motors Ltd., Japan’s largest heavy-duty truck maker, had a wider-than-expected annual loss because of falling sales and one-time costs from a change in its pension system, Bloomberg reported Tuesday.
April 21, 2009Landstar’s First-Quarter Income Declines
Truckload carrier Landstar System said its first-quarter net income fell to $13.9 million, or 27 cents a share, from $23.7 million, or 45 cents, a year ago.
April 16, 2009Sterling Truck Corp. Closes After 11 Years
Sterling Truck Corp. officially ended its 11-year life span last month when the last Class 8 rolled off the St. Thomas, Ontario, assembly line, part of a final order for ABF Freight System Inc.
April 13, 2009Massachusetts Weighs Transportation Reform
The Massachusetts House of Representatives has joined the Senate in approving a reform plan for the state’s transportation system.
April 10, 2009Letters: All Things Safety, Trailer Tracking, The American Dream
Here we go again — the safety freaks filing yet another challenge to the current hours of service, led unfortunately by my illustrious leader, James Hoffa. I think he needs to pull his head out of the sand on this one.
April 13, 2009Ryder Lowers 1Q Outlook
Ryder System Wednesday cut its first-quarter forecast, saying the ongoing recession has hurt its freight volumes and reduced demand.
April 8, 2009