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Ryder’s Second-Quarter Income Drops

Ryder System said Thursday its second-quarter profit fell to $22.9 million, or 41 cents a share, from $62.9 million, or $1.09, a year earlier.

July 23, 2009

Ericsson to Receive $5 Bln. to Run Sprint’s Networks

Sprint Nextel Corp., the third-largest U.S. wireless carrier, plans to pay Ericsson AB as much as $5 billion to manage its networks, offloading the expense of running its own systems.

July 20, 2009

Landstar’s 2Q Income Declines

Truckload carrier Landstar System said late Wednesday its second-quarter net income fell to $17.9 million, or 35 cents a share, from $29.8 million, or 56 cents, a year ago.

July 16, 2009

Quiet Logistics Expands Kiva System Capacity

Third-party logistics firm Quiet Logistics has tripled the capacity in its Kiva Mobile Fulfillment System in less than six months, Kiva said.

July 7, 2009

Landstar Buys Two Supply Chain Companies

Landstar System said it has purchased two Michigan-based supply chain transportation firms that focus on transportation technology systems.

July 2, 2009

Ryder Earns 3PL Cross-Border Security Certification

Ryder System said it has been certified as a third-party logistics provider in the Custom-Trade Partnership Against Terrorism program, an initiative that seeks to promote supply chain security and reduce border vulnerabilities.

June 24, 2009

May Class 8 Truck Sales Drop 39%

Heavy-duty U.S. truck sales continued their severe slide into a fifth month, as retail volume fell 39% in May, while the year-to-date total now lags the pace of last year by 33.9%, according to WardsAuto.com.

June 22, 2009

EGR vs. SCR Battle Also Rages in Truck Classes 3-7 for 2010

Diesel emission standards change again in January 2010, but unlike the previous modifications when all manufacturers used essentially the same emission-controlling technology, medium-duty truck buyers next year will have a choice of competing systems.

June 22, 2009

Obama, House Panel Spar Over Highway Plan

WASHINGTON — Setting up what could be a major confrontation between Congress and the White House over transportation policy, a key House committee unveiled a $500 billion blueprint to remake the U.S. transport system, while on the same day the administration instead proposed extending the current plan for 18 months.

June 22, 2009