Truckload carrier Landstar System said Thursday its first-quarter net income fell to $21.6 million or 38 cents a share, from $24.4 million or 41 cents a year ago.
April 19, 2007Search
Showing 10 of 2005 results
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Qualcomm, Maptuit Set Partnership for NaviGo System
Qualcomm Inc. and Maptuit Corp. said Monday they have entered an agreement to make Maptuit’s navigation system available on Qualcomm’s mobile computing platform.
May 7, 2007Ryder’s First-Quarter Profit Rises
Ryder System said Wednesday its first-quarter profit rose 8% to $51.3 million or 84 cents a share, from $47.6 million or 77 cents a year ago.
April 25, 2007Pacer Lowers ’07 Guidance
Transportation and third-party logistics firm Pacer International lowered its full-year earnings guidance, said it would consolidate some operations and said its board authorized a buyback of up to $100 million of the company’s stock.
April 5, 2007Strike Continues at Cummins Crosspoint
Negotiations between Teamsters and a distributor for diesel engine maker Cummins Inc. continued Tuesday, two days after workers at a West Virginia facility went on strike, the Associated Press reported.
April 3, 2007Companies Use Tracking Technology for Electronic Cargo Security
Many manufacturers provide trucking companies with products that use Global Positioning System satellites to help manage their logistics more seamlessly, but have now found an additional use for the technology.
March 28, 2007Perseverance, Timing Key to Mediation of Accident Claims
NEW ORLEANS — While great trials may provide drama and public fascination, mediation of accident claims — a process that avoids that drama — is daily life for trucking companies and other transportation providers. Those involved with the system said mediation takes special skills and techniques.
Navistar Reports Strength in Overseas Markets
Truck and engine maker Navistar International Corp. said Tuesday it saw signs of strength in non-traditional and overseas vehicle markets, despite a 6% downturn in Class 6-8 North American truck and bus shipments in its fiscal first quarter.
March 20, 2007Letter to the Editor: Speed Limits, Opening the Border
to write a Letter to the Editor.
There is a lot more traffic and a lot more going on behind the wheel other than turning it, with cellphones, Global Positioning System and onboard computers.
Class 8 Fleet Size Grows 5.2% in 2006 as Carriers Stock Up
The number of heavy-duty trucks in use in the United States increased 5.2% to 3.51 million Class 8 commercial vehicles last year, as fleet owners stocked up on new trucks and kept more old vehicles in service, market research firm R.L. Polk & Co. said.