Ryder System said Monday it will buy most of the assets of Florida-based Gator Leasing, which will add about 2,300 vehicles to Ryder's fleet.
April 14, 2008Search
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Ritchie Bros. Approves 3-for-1 Stock Split
Ritchie Bros. Auctioneers said its shareholders approved a three-for-one stock split.
April 15, 2008FMCSA Issues CDL Learner’s Permit Rule
The Federal Motor Carrier Safety Administration said it intends to set new minimum standards for issuing learner’s permits to prospective commercial drivers and revise the knowledge and skills tests administered to people seeking commercial driver licenses.
April 15, 2008Business Inventories Rise 0.6%, Commerce Says
Business inventories rose 0.6% in February, the Commerce Department said Monday.
April 14, 2008Industry Veteran James Hebe to Head N. American Sales for Navistar
Trucking industry veteran James Hebe has rejoined Navistar International Corp.’s truck group as senior vice president of North American sales, the company said Monday.
April 14, 2008UAW Rejects Mediator on American Axle Strike, Paper Reports
Parts supplier American Axle & Manufacturing Holdings has asked a federal mediator to help broker a deal to end the a 48-day strike, but offer was rejected by the United Auto Workers union, the Detroit News reported Monday.
April 14, 2008Retail Sales Rise 0.2% in March
Retail sales rose 0.2% in March, the Commerce Department said Monday.
April 14, 2008Eaton’s 1Q Profit Gains; Trucking Segment Lags
Heavy-duty vehicle parts manufacturer Eaton Corp.’s first-quarter net earnings rose 5.6%, led by international sales, though its truck segment’s sales declined, the company said Monday.
April 14, 2008Port of Tacoma Sets Partnership With Chinese Port
The Port of Tacoma, Wash., said it has launched an 18-month pilot project to expand trade with China, particularly U.S. exports to that country.
April 14, 2008J.B. Hunt’s First-Quarter Income Declines
Truckload carrier J.B. Hunt Transport Services’ first-quarter profit declined to $36.4 million, or 28 cents a share, from $44.2 million, or 30 cents, a year ago.
April 15, 2008