Equipment
Ryder’s Third-Quarter Earnings Improve
Trucking and logistics firm Ryder System said Wednesday its third-quarter profit rose, as its supply chain unit showed improvement.
October 24, 2007Iteris Reports Improved 2Q Earnings
Iteris Inc., which makes lane-departure warning systems for the trucking industry, said late Tuesday its second-quarter profit improved from a year ago.
October 23, 2007General Freight to Use TMWSuite
Third-party logistics firm General Freight Systems said it will begin using the TMWSuite software platform as part of a companywide technology upgrade.
October 22, 2007Truck Sales Plunge 58.8% in September
Heavy-duty U.S. retail truck sales continued this year’s collapse in September, falling 58.8% as Class 8 volume totaled less than half year-earlier sales for the fifth month in a row, according to the latest survey from Ward’s Communications.
October 21, 2007iTECH: There’s More to Return on Investment Than a Price Tag
Return on investment is a standard measurement of the dollar value of an information technology system. Small or medium-sized fleets likely focus their financials on cost per truck — “per seat,” in the IT lexicon.
October 19, 2007Ryder Gets Boeing Transportation Contract
Ryder System said Friday that that aerospace firm Boeing Co. has chosen Ryder to provide global transportation management services.
October 19, 2007Landstar’s 3Q Earnings Dip
Larry Smith/Trans Pixs
Truckload carrier Landstar System said Thursday its third-quarter net income slipped from a year ago, though its per-share income rose.
October 18, 2007Eaton’s Third-Quarter Earnings Rise
Heavy-duty vehicle parts manufacturer Eaton Corp. said Monday its third-quarter net earnings rose 4%, though the company lowered its full-year profit forecast.
October 15, 2007Ryder Completes Canadian Acquisition
Larry Smith/Trans Pixs
Ryder System said Wednesday it completed its acquisition Pollock NationaLease, one of the largest privately owned commercial truck leasing and rental companies in Canada, as well as Pollock's logistics operations.
October 10, 2007Ryder Lowers Third-Quarter Outlook
Ryder System lowered its third-quarter and full-year earnings forecast Monday and said it would cut 300 jobs due to softness in the housing, construction and auto industries, the Associated Press reported.
October 9, 2007