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, 2010Landstar’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, 2010Iteris’ 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, 2010Eaton’s 4Q Profit Improves
Vehicle parts manufacturer Eaton Corp. said Monday its fourth-quarter profit rose 29% from a year ago and that it expects its markets to grow 5% this year.
January 25, 2010Class 8 Truck Sales Rise in December
U.S. heavy-duty truck sales in December topped 10,000 units for the only month in 2009, but the grand total for the year of 94,798 units was the lowest since 1983 and 29% below the 2008 level, WardsAuto.com reported.
January 25, 2010Trucking Executives Cautious About 2010
LAS VEGAS — Top executives from large trucking, truck-making and component manufacturing firms said they all see signs of a good business climate to come, but predicted 2010 will not be a boom year, and they are moving forward with very conservative business plans.
January 25, 2010Diamond 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, 2010Navistar Acquires EGR Valve Technology
Navistar Inc. said Tuesday it has acquired some assets from Holley Performance Products, including intellectual property rights for valve technology used on exhaust gas recirculation systems.
January 19, 2010Arrow Trucking Files Chapter 7; Bank Claims Fraud by Officers
Arrow Trucking Co., the flatbed carrier that abruptly shut down last month, filed for Chapter 7 bankruptcy Jan. 8, and its principal bank lender filed a lawsuit charging Arrow’s officers with fraud that the bank alleges cost it $12.5 million.
January 18, 2010DTNA, Navistar Made More Trucks in Mexico than U.S., Canada During ’09 for First Time
Most of the Class 8 trucks sold in the United States last year by Daimler Trucks North America and Navistar Inc. were — for the first time ever — assembled in Mexico, both companies have acknowledged.
January 18, 2010