iTECH: EOBRs Across the Pond
With a federal mandate on the use of electronic onboard recorders looming over the trucking industry, U.S. carriers may be following a regulatory course similar to one that their European counterparts have been dealing with for several years.
February 13, 2012Phillips & Temro Industries Acquired by Equity Firm
Equity firm Audax Group on Monday announced it has acquired Phillips & Temro Industries, a manufacturer of heating, cooling and silencing products for heavy-duty truck engines. Terms were not dislosed.
February 13, 2012Ortec and Xata Launch Mobile Compliance Software
Software providers Ortec and Xata Corp. have announced enhancements to Ortec Mobile, a routing and scheduling software for fleets.
February 13, 2012Bendix Works to Correct Defect, but Date for Valve Fix Uncertain
Officials of brake manufacturer Bendix Commercial Vehicle Systems said they are wrestling with the challenge of manufacturing and distributing replacement parts for a defective valve that could cause braking problems, which prompted federal and heavy-duty truck manufacturer recalls.
February 13, 2012Roadrunner Posts Higher Profit for 4Q, Year
Roadrunner Transportation Systems reported higher fourth-quarter and full-year profits as truckload revenue surged.
February 9, 2012Xata Reports Wider Fiscal 1Q Loss
Xata Corp. on Thursday reported a fiscal first quarter loss of $1.7 million, or 16 cents per share, compared to a loss of $85,000, or one cent, a year ago.
February 8, 2012Five Manufacturers on Track to Meet SuperTruck Goals
WASHINGTON — Five manufacturers are on their way toward meeting the Department of Energy’s goal of increasing a truck’s efficiency by 50% under the agency’s SuperTruck program, a DOE official said.
February 6, 2012Ryder System Debuts Next-Gen RydeSmart
Ryder System said it has launched RydeSmart 3.0, the next generation of RydeSmart, its onboard telematics system.
February 6, 2012Arsenault Announces New CEO
Transportation software maker Arsenault announced that Jack Boetefuer is the company’s new CEO.
February 6, 2012Iteris Swings to Fiscal 3Q Profit
Iteris Inc., a provider of traffic management technology, said it posted a profit in its third fiscal quarter.
February 2, 2012