Ryder System’s fourth-quarter profit fell to $8.2 million, or 15 cents a share, from $10.6 million, or 19 cents, a year earlier.
February 3, 2010Business, Safety, Government, Technology
Obama Plan for High-Speed Rail Raises Concerns at Freight Firms
The Obama administration’s $8.5 billion plan to advance U.S. high-speed rail programs is being questioned by trucking interests and the freight railroads whose tracks would host most of the new services, officials in both industries said.
February 8, 2010Business, Technology, Equipment, Safety
Ryder’s 4Q Income Declines
Business, Safety, Technology, Equipment
Bose Corp. Unveils Sophisticated Truck Seat Designed to Ease Wear and Tear on Drivers
FRAMINGHAM, Mass. — Bose Corp., the acoustics company best known for its high-end audio equipment and noise-canceling headphones, last week unveiled a sophisticated heavy-duty truck seat designed to ease the wear and tear on drivers.
February 1, 2010Business, Technology, Equipment, Safety
GE Exits Truck Trailer-Tracking Business
I.D. Systems Inc., Hackensack, N.J., paid $15 million in cash to purchase General Electric Co.’s trailer-tracking business, Asset Intelligence LLC, the companies announced.
February 1, 2010Government, Business, Safety, Technology
IdleAire Ceasing Operations
IdleAire Inc., which provided stationary power for trucks to use at truck stops in lieu of idling, is ceasing operations Friday because it was unable to find a buyer for its assets, the Knoxville (Tenn.) News-Sentinel reported.
January 29, 2010Business, Safety, Technology, Equipment
Bose Enters Trucking Sector With High-Tech Seat
FRAMINGHAM, Mass. — Audio products maker Bose Corp. has jumped into the trucking sector, unveiling a high-tech seat for over-the-road drivers to combat road vibration.
January 27, 2010Business, Technology, Equipment, Safety
Landstar’s 4Q Income Declines
Truckload carrier Landstar System said late Wednesday its fourth-quarter net income fell to $18.6 million, or 37 cents a share, from $24.6 million, or 47 cents, a year ago.
January 27, 2010Business, Technology, Equipment, Safety
Iteris’ Income Decreases in Fiscal 3Q
Iteris Inc., which makes lane-departure warning systems for the trucking industry, said Thursday its fiscal third-quarter profit decreased from a year ago.
January 26, 2010Business, Government, Technology
Opinion: Battery-Assisted RFID: A Game-Changer
When passive radio frequency identification began its rise almost a decade ago, hopes ran high that the new technology, which offers hands-free operation and doesn’t require a direct line of sight, would help to free the shipping industry from labor-intensive bar-code tracking, which often requires handheld devices to read labels and is consequently much prone to human error.
January 25, 2010Business, Technology, Equipment, Safety, Logistics
Diamond Phoenix, System Logistics Complete Merger
Diamond Phoenix and System Logistics have completed their merger and are now operating as one company under the System Logistics Corp. name, the company said Wednesday.
January 22, 2010