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Technology Briefs Jan. 30 - Feb. 5

Analyst Says More Ethanol Wont Stem Consumption Extol to Provide Software to C.R. England J.B. Hunt Chooses PAR System for Reefer Tracking

February 5, 2007

Diesel Engine Update: Some Carriers Are Warming to 07 Models

While other carriers were debating whether to buy even one Class 8 truck with a 2007 EPA-certified engine, Mike Hasinec at Penske Truck Leasing Co. was knee-deep in testing 2007 engine performance.

February 5, 2007

ArvinMeritor to Sell Emissions Technology Business for $310 Million

Components maker ArvinMeritor Inc. said Friday it plans to sell its emissions technologies business to a private equity firm for $310 million.

February 2, 2007

Ryder Systems Fourth-Quarter, Full-Year Income Rise

Ryder Systems fourth-quarter profit rose 12% to $65.8 million or $1.08 cents a share, from $58.8 million or 92 cents a year earlier.

February 2, 2007

Landstar Systems Fourth-Quarter Income Declines

Truckload carrier Landstar Systems fourth-quarter net income fell to $28.7 million or 50 cents a share, from $41.8 million or 70 cents a year earlier.

February 1, 2007

Truck Suppliers See Obstacles in Push for World Vehicle

LAS VEGAS Leading heavy-duty truck components manufacturers said technology exists today to build a safer, environmentally friendly and low-cost heavy-duty world truck, but major obstacles are consumer acceptance and the lack of a single global standard for emissions and safety technology.

February 1, 2007

Saia Buys Wisconsin LTL Carrier for $2.5 Million

Less-than-truckload carrier Saia Inc. said Thursday it has acquired Wisconsin-based LTL company Madison Freight Systems for about $2.5 million.

February 1, 2007

ArvinMeritors Fiscal First-Quarter Earnings Decline

Components maker ArvinMeritor Inc. said its fiscal first-quarter earnings fell to $7 million or 10 cents a share, from $34 million or 49 cents a year earlier, as it said it faced challenges from the automotive, light-duty and heavy-duty truck segments.

January 30, 2007

Cummins Reports Record Sales for 4Q, 2006

Diesel engine maker Cummins Inc. Monday reported record sales and earnings for the fourth quarter and full-year 2006, with sales topping $3 billion in the quarter for the first time.

January 29, 2007