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Oshkosh Truck Wins $179.3 Million Army Contract
Specialty truck maker Oshkosh Truck Corp. won a $179.3 million U.S. Army contract for heavy equipment mobility truck systems, Bloomberg reported.
December 26, 2007YRC Gains Labor Flexibility
On the heels of YRC Worldwides settlement with the Teamsters union on a new five-year labor contract with in-creased work-rule flexibility, ABF Freight System said it will offer an ambitious proposal to spend about $825 million to withdraw from all of the 27 multi-employer pension plans to which we contribute.
December 24, 2007Ryder to Buy Lilys 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, 2007DOT Seeks Technology to Improve Safety, Reduce Congestion
The Department of Transportation said Tuesday it is asking private industry, research organizations, and state and local governments for commercially available technology to fight congestion and improve the safety within the U.S. transportation system.
December 19, 2007Old Dominion Buys Denver Carrier
Old Dominion Freight Line said it would purchase some assets of Bullocks Express Transportation, a Denver-based trucking company.
December 12, 2007ATA to Defend Owner-Operator System
American Trucking Associations has launched a campaign to protect the trucking industrys use of independent contractors, a move officials said is needed to counter recent court decisions and an increasingly hostile legislative environment.
December 10, 2007SDA 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, 2007Barclays 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, 2007Ice 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, 2007Landstar 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