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
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Class 8 Truck Sales Plunge in April
Sales of new Class 8 trucks plunged 45% in April, compared with a year earlier, the most severe decline in six years.
May 21, 2007TMW Cites First-Quarter Upturns
Trucking software provider TMW Systems said it was pleased with its first-quarter financial performance and production output.
May 14, 2007Midwest Sees Extensive Flooding
Heavy rains from an already deadly storm system caused extensive floods in Missouri as Midwest waterways rose to levels not seen in 14 years, the Associated Press reported Tuesday.
May 8, 2007Qualcomm, Maptuit Set Partnership for NaviGo System
Qualcomm Inc. and Maptuit Corp. said Monday they have entered an agreement to make Maptuits navigation system available on Qualcomms mobile computing platform.
May 7, 2007Ryders 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 companys 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.