Ryder Boosts Dividend
Ryder System’s board approved a 2-cent increase in its quarterly dividend, to 23 cents a share.
February 11, 2008Maintenance Execs Say Costs, DPF Service Are Top ’07 Issues
ORLANDO, Fla. — Uncertainty about the life cycle of key emission control components and higher maintenance costs have emerged as the top concerns fleets have with 2007 heavy-duty diesel engines, maintenance and equipment heads at several major carriers said here.
February 11, 2008Wal-Mart to Take Delivery of 4 LNG-Fueled Trucks
Westport Innovations said Tuesday that Wal-Mart Stores will introduce four liquefied natural gas-fueled Peterbilt 386 trucks at its distribution center in Apple Valley, Calif.
February 5, 2008Volvo Extends Partnership with Cummins for 2010 Engines
Volvo Trucks North America said Monday it will offer a heavy-duty engine made by Cummins Inc. that is certified for 2010 emissions standards for its Volvo VN Class 8 trucks, extending an existing agreement between the two.
February 4, 2008Visteon Sells Some Aftermarket Facilities
Visteon Corp. said it sold some of its non-core underhood and remanufacturing facilities to Centrum Equities. Terms were not disclosed.
February 4, 2008Karmak Updates Its Management System
Karmak Inc., a software supplier for the trucking industry, said it has released a major update of its Legend business management system, designed solely for the heavy-duty trucking industry.
February 4, 2008Cummins’ Profit Rises in Fourth Quarter
Diesel engine maker Cummins Inc. said Friday its fourth-quarter profit rose to $198 million, or $1 a share, from $189 million or 94 cents, a year ago.
February 1, 2008Ryder’s Fourth-Quarter Income Improves
Ryder System said Friday its fourth-quarter profit rose 9.3%, as its contract business improved.
February 1, 2008Landstar’s Fourth-Quarter Profit Improves
Truckload carrier Landstar System said Thursday its fourth-quarter net income rose to $29 million, or 54 cents a share, from $28.7 million, or 50 cents, a year earlier.
January 31, 2008ABF, Teamsters Reach Labor Pact
Less-than-truckload carrier ABF Freight System said Wednesday it has reached a tentative collective bargaining agreement with the Teamsters union on a new five-year labor pact.
January 30, 2008