McLeod Acquires Logistics Software Firm
McLeod Software said Wednesday that it had purchased Intergrated Logistics Execution Network Systems, or iLENS, a logistics software company.
April 29, 2009Ending Accounting Gimmicks
Legislation introduced by two prominent members of the Senate Finance Committee could go a long way toward taking the air out of some politicians’ stampede to raise short-term revenue by leasing out or selling public highways and other public assets.
April 27, 2009Ryder’s 1Q Income Plunges 88%
Ryder System said Wednesday its first-quarter profit fell 88% and that it was suspending earnings forecasts for future quarters due to the uncertain economy.
April 22, 2009Hino Posts $628 Million Loss on Pension Charges
Hino Motors Ltd., Japan’s largest heavy-duty truck maker, had a wider-than-expected annual loss because of falling sales and one-time costs from a change in its pension system, Bloomberg reported Tuesday.
April 21, 2009Landstar’s First-Quarter Income Declines
Truckload carrier Landstar System said its first-quarter net income fell to $13.9 million, or 27 cents a share, from $23.7 million, or 45 cents, a year ago.
April 16, 2009Obama Notes Stimulus’ Transport-Project Progress
President Obama Monday said the federal government’s stimulus plan was on track to help shore up the nation’s infrastructure, Bloomberg reported.
April 13, 2009Letters: All Things Safety, Trailer Tracking, The American Dream
Here we go again — the safety freaks filing yet another challenge to the current hours of service, led unfortunately by my illustrious leader, James Hoffa. I think he needs to pull his head out of the sand on this one.
April 13, 2009Sterling Truck Corp. Closes After 11 Years
Sterling Truck Corp. officially ended its 11-year life span last month when the last Class 8 rolled off the St. Thomas, Ontario, assembly line, part of a final order for ABF Freight System Inc.
April 13, 2009Massachusetts Weighs Transportation Reform
The Massachusetts House of Representatives has joined the Senate in approving a reform plan for the state’s transportation system.
April 10, 2009Ryder Lowers 1Q Outlook
Ryder System Wednesday cut its first-quarter forecast, saying the ongoing recession has hurt its freight volumes and reduced demand.
April 8, 2009