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Business, Equipment, Fuel, Safety, Government

Shippers Seek to Cut Costs as Revenue Growth Stalls

Prodded by soaring fuel prices and the contracting economy, shippers have spent most of 2008 trying to pare transportation spending to meet demands by company executives looking for antidotes to stagnant revenue growth.

November 10, 2008
Business, Equipment

Accuride Reports Big 3Q Loss

Commercial vehicle component maker Accuride Corp. said Thursday it lost $201.2 million, or $5.67 per share, in the third quarter, compared with a loss of $1.9 million, or 5 cents, a year ago.

November 6, 2008
Business, Government, Safety, Fuel, Technology, Equipment

SCR Group Urges Strict Urea Guidelines

When heavy-duty engines with selective catalytic reduction technology start rolling in 2010, truckers refilling their trucks’ urea tanks will need to follow strict guidelines to protect the product’s purity to avoid damaging the aftertreatment system, urea experts said.

November 3, 2008
Business, Equipment

Paccar Recalls Tractors for Repairs of Caterpillar DPFs

A total of 3,640 tractors manufactured by Paccar Inc. are being recalled because parts on the diesel particulate filter, or DPF, can fail, causing the component to separate from the chassis and fall onto the road.

November 3, 2008
Business, Equipment

Goodyear’s Third-Quarter Profit Declines

John Quinn/Bloomberg News

Goodyear Tire & Rubber Co. said Monday its third-quarter profit fell to $31 million, or 13 cents a share, from $668 million, or $2.75, a year ago.

November 3, 2008
Business, Equipment

ArvinMeritor Cutting 1,250 Jobs, May Sell Auto-Components Unit

Heavy-duty truck parts maker ArvinMeritor Inc. said Friday it will cut 1,250 jobs and may sell the auto-components unit it had planned to spin off to shareholders.

October 31, 2008
Business, Equipment

Cummins’ Third-Quarter Profit Rises 24%

Diesel engine maker Cummins Inc. said Friday its third-quarter profit jumped 24% on stronger international sales, but the company lowered its full-year sales outlook.

October 31, 2008
Business, Equipment

UPS to Buy New Hydraulic Hybrid Trucks

UPS Inc. said Monday it will buy seven new hydraulic hybrid vehicles produced by Eaton Corp. and Navistar International Corp.

October 27, 2008
Business, Technology, Equipment, Safety

Ryder’s 3Q Earnings Improve

Ryder System

Ryder System Wednesday reported third-quarter earnings of $70.2 million, or $1.25 per share, up from $65.5 million, or $1.11, a year ago.

October 22, 2008
Business, Technology, Equipment, Safety

Iteris’ Income Falls for Fiscal 2Q

Iteris Inc., which makes lane-departure warning systems for the trucking industry, said late Tuesday its fiscal second-quarter profit decreased from a year ago.

October 21, 2008