Business, Technology, Equipment, Safety

Ryder’s Second-Quarter Income Drops

Ryder System

Ryder System said Thursday its second-quarter profit fell to $22.9 million, or 41 cents a share, from $62.9 million, or $1.09, a year earlier.

Transport Topics
July 23, 2009
Business, Technology, Equipment, Safety

FedEx Expands Hybrid Fleet

FedEx Corp.

FedEx Corp. said it has added 92 hybrid-electric trucks to its delivery fleet, the first standard FedEx delivery trucks converted to hybrid-electric systems.

Transport Topics
July 21, 2009
Business, Technology, Equipment, Safety

Ericsson to Receive $5 Bln. to Run Sprint’s Networks

Sprint Nextel Corp., the third-largest U.S. wireless carrier, plans to pay Ericsson AB as much as $5 billion to manage its networks, offloading the expense of running its own systems.

Transport Topics
July 20, 2009
Business, Government, Technology, Logistics

Crane Leverages Loss of EGL into New Logistics Success

HOUSTON — During the second half of 2007, when the U.S. economy and stock market were at their respective peaks, a colleague of James Crane said he was — for a brief while — bitter and unhappy. But as gross domestic product and the value of stocks, housing and other assets fell dramatically, the smile returned to Crane’s face as he realized the comfort of cash — hundreds of millions of dollars of it.

July 20, 2009
Business, Technology, Equipment, Safety

Landstar’s 2Q Income Declines

Larry Smith/Trans Pixs

Truckload carrier Landstar System said late Wednesday its second-quarter net income fell to $17.9 million, or 35 cents a share, from $29.8 million, or 56 cents, a year ago.

Transport Topics
July 16, 2009
Business, Technology, Fuel

Navistar Says Final 2010 Engine Testing on Track

Navistar International Corp.

Navistar International Corp. said Monday that it is on track with final testing of its exhaust gas recirculation MaxxForce engines to meet 2010 emissions standards.

Transport Topics
July 13, 2009
Business, Technology, Equipment, Safety, Logistics

Quiet Logistics Expands Kiva System Capacity

Third-party logistics firm Quiet Logistics has tripled the capacity in its Kiva Mobile Fulfillment System in less than six months, Kiva said.

Transport Topics
July 7, 2009
Business, Safety, Government, Technology, Equipment

Landstar Buys Two Supply Chain Companies

Larry Smith/Trans Pixs

Landstar System said it has purchased two Michigan-based supply chain transportation firms that focus on transportation technology systems.

Transport Topics
July 2, 2009
Business, Safety, Technology, Logistics

Brokers, 3PLs Gaining Share as Recession Spurs Competition

Freight brokers and other third-party logistics providers say their non-asset-based models are helping them to steadily gain market share during the ongoing recession.

June 29, 2009
Business, Government, Technology, Equipment, Safety, Logistics

Ryder Earns 3PL Cross-Border Security Certification

Ryder System said it has been certified as a third-party logistics provider in the Custom-Trade Partnership Against Terrorism program, an initiative that seeks to promote supply chain security and reduce border vulnerabilities.

Transport Topics
June 24, 2009