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, 2009Search
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Justin Olsen, maintenance director at TCW, breaks down the hidden impact of poor trailer management on operations, compliance and safety.Â
Federal Researchers Confirm Claims Single Wide Tires Boost Fuel Economy
Federal researchers said they have confirmed manufacturers’ claims that single wide tires can boost a truck’s fuel economy, but one tire expert said they may not be suitable for every fleet.
April 13, 2009ArvinMeritor Says Cuts Have Saved $430 Million
Truck components maker ArvinMeritor said Monday it has saved about $430 million on an annual basis in cost-reduction measures taken since October.
April 13, 2009Cadec Gets $4 Mln. Funding Boost From Thule
Cadec Global, which offers fleet management services, said it has received an additional $4 million in funding from Thule Investments that will be applied to support further growth.
April 13, 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, 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, 2009Iteris Buys Hamilton Signal Assets
Iteris Inc., which makes lane-departure warning systems for the trucking industry, said Tuesday it acquired assets from Hamilton Signal including its Abacus system. Terms were not disclosed.
April 7, 2009Old Dominion to Install PeopleNet’s Onboard Systems
Less-than-truckload carrier Old Dominion Freight Line said it will install PeopleNet’s onboard communications systems across its entire fleet of 5,100 trucks.
April 6, 2009Navman Wireless Tracking Software Adds Reporting
Navman Wireless has added a reporting system to its Internet-based tracking software, Online-AVL, the company said.
April 6, 2009