Ryder System said Wednesday its fourth-quarter profit fell to $10.6 million, or 19 cents a share, from $71.9 million, or $1.24, a year ago.
February 4, 2009Search
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Express-1 Acquires 3PL First Class Expediting
Express-1 Inc., parent company of Express-1 Expedited Solutions, acquired First Class Expediting Services in a deal that may become a template for future acquisitions, Express-1’s chief financial officer said.
February 3, 2009
Justin Olsen, maintenance director at TCW, breaks down the hidden impact of poor trailer management on operations, compliance and safety.Â
ArvinMeritor Reports Fiscal 1Q Loss
Truck components maker ArvinMeritor said Wednesday its fiscal first-quarter loss from continuing operations was $991 million, or $13.71 per share, compared with a loss of $1 million, or 1 cent, a year ago.
February 4, 2009Cummins’ 4Q, Full-Year Profit Declines
Diesel engine maker Cummins Inc. said Tuesday its fourth-quarter profit fell 55% from a year ago, due to declining demand.
February 3, 2009Paccar Offers Aftermarket Particulate Filter
Paccar Inc.’s parts dealers are offering the company’s Engine Control Systems Purifilter, an aftermarket passively regenerating diesel particulate filter approved by the California Air Resources Board for installation and use in a wide variety of Class 8 trucks.
February 2, 2009Storm System Leaves Icy Roads in Many States
A large storm system stretching from Arkansas into the Northeast has left roads with as much as three inches of ice in many areas, the Associated Press reported Wednesday.
January 28, 2009Landstar’s 4Q Income Slips
Truckload carrier Landstar System’s fourth-quarter profit fell to $24.6 million, or 47 cents a share, from $29 million, or 54 cents, a year ago.
January 28, 2009Eaton’s Fourth-Quarter Income Declines
Vehicle parts manufacturer Eaton Corp. said Monday its fourth-quarter profit fell to $163 million, or 98 cents per share, from $256 million, or $1.71, a year earlier.
January 26, 2009Cummins Emissions Unit Sets Partnership; Will Close Wisconsin Plant
Cummins Inc. unit Cummins Emission Solutions said it will partner with a technology company for 2010 engine controls and that it will close a Wisconsin plant.
January 21, 2009Eaton Plans 5,200 More Job Cuts
Components maker Eaton Corp. said it plans to cut 5,200 jobs worldwide following its 3,400 job cuts last year, due to lower demand, Bloomberg reported Wednesday.
January 21, 2009