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Business: Page 853
Business
FedEx Corp. says 3Q earnings up 126%
FedEx Corp. on Thursday, March 22, reported revenue of $10.56 billion for the third quarter ended Feb. 29, up 9 percent from $9.66 billion the previous year; operating income of $813 million, up 107 percent from $393 million last year; an operating margin of 7.7 percent, up from 4.1 percent; and net income of $521 […]
March 22, 2012
Business
AutoInfo posts higher annual profit in 2011
AutoInfo Inc., a nonasset-based third-party logistics service provider, on Thursday, March 22, reported gross revenues of $320.0 million for fiscal year 2011 as compared with $279.7 million for the prior year. Income from operations was $6.4 million as compared with $5.7 million. The Boca Raton, Fla.-based company reported net income of $3.6 million as compared […]
March 22, 2012
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Volvo Trucks North America
The new Volvo VNL’s features and trim levels are available to examine interactively. Volvo Trucks has developed a new state-of-the-art online configurator exclusively for VNL models. The configurator provides detailed information on the features and benefits of each trim level and cab option, as well as a 360-degree view of the truck inside and out.
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Business
UTi Worldwide reports lower 4Q net income
UTi Worldwide Inc. on Thursday, March 22, reported revenues for the 2011 fourth quarter ended Dec. 31, 2011, were $1,153.6 million, an increase of 0.7 percent from $1,145.1 million for the fourth quarter ended Dec. 31, 2010. Net revenues were $406.5 million, an increase of 0.5 percent from $404.5 million. Net income was $12.4 million […]
March 22, 2012
Business
XPO Logistics opens North American operations center in Charlotte, N.C.
XPO Logistics Inc. announced the opening of its new North American operations center in Charlotte, N.C. The facility supports the company’s network of freight brokerage, freight forwarding and expedited transportation locations nationwide. “This is an important milestone for us,” says Sean Fernandez, chief operating officer. “The operations center is an integral part of our plan […]
March 22, 2012
Business
Ryder recognized by Arizona Clean Cities Coalitions for NG efforts
Ryder System Inc. announced it was recognized as a Clear Air Champion by the Tucson and Phoenix Clean Cities Coalition at the Arizona Clean Cities Coalitions’ Legislative Breakfast, which was held recently at the Arizona State Capital. Ryder was honored as a major contributor to the development of alternative fuel vehicle technologies in the state […]
March 22, 2012
Business
Saia recognized by Unishippers
Saia Inc. announced that it was named 2011 Strategic Carrier Partner of the Year by Unishippers Global Logistics. With more than 285 franchises, Unishippers provides small and medium-sized businesses with cost-saving shipping services by leveraging the combined volume of freight of all their customers. “Saia and Unishippers continue to enjoy an open, trusting and collaborative […]
March 22, 2012
Business
DTNA debuts Detroit Transmission
Daimler Trucks North America on Thursday, March 22, introduced the Detroit Transmission, completing the truck manufacturer’s goal of full powertrain integration to complement its Detroit axle and heavy-duty engine offerings. Daimler said the integration will service its customers better and provide improved driving dynamics, fuel efficiency and durability. “We understand our customers’ needs better than […]
March 22, 2012
Business
Volvo hybrid truck goes for speed
Volvo Trucks is taking hybrid technology to the next level in high-speed/high-performance racing. Volvo is showing the modified Mean Green hybrid VN race truck at a truck show in Louisville, Ky. The truck is a combination test bed/demonstration truck that is intended to show that in addition to improved fuel economy and reduction in greenhouse […]
March 22, 2012
Business
Mack touts Pedigree, Super Econodyne powertrains
Mack on Thursday, March 22, introduced its “Pedigree Powertrain,” an integrated powertrain with engine, transmission and axles. Pedigree-spec’d trucks will be adorned with a gold Bulldog hood ornament. “Components designed to work together simply work better,” said John Walsh, vice president of marketing. Mack is extending that integration throughout the entire truck ownership experience with […]
March 22, 2012
Business
Bridgestone introduces fuel-, cost-saving Ecopia tires
Bridgestone Tires’ Ecopia series of fuel-efficient tires are designed to reduce overall tire wear costs by fostering retreading. Five tires in the Ecopia series are complemented with equivalent Bandag FuelTech retreads to reduce life cycle costs. NanoPro-Tech polymer helps control particle movement by bonding the carbon black in the tread more securely at an atomic […]
March 22, 2012
Business
Dana offers Spicer SelecTTrac housing option on Pro-40 tandem axle
Dana Holding Corp. now offers a Spicer SelecTTrac housing option on its Pro-40 tandem axle. The housing design optimizes the use of wide-based tires for customers wanting the flexibility to convert between wide-base single tires with low off-set wheels and standard dual wheels with a single housing. “Wide-base single tires are becoming increasingly popular as […]
March 22, 2012
Business
Goodyear names recipient of 29th Highway Hero Award
A Ohio truck driver who positioned himself between a woman and a gun-wielding attacker was named the recipient of the Goodyear Tire & Rubber Co.’s 29th North America Highway Hero Award. The other finalists were an Ontario driver who pulled a motorist from a car minutes before it exploded; a Minnesota driver who came to […]
March 22, 2012
Business
Alliance offers aftermarket fuel tank
Alliance Truck Parts announced the availability of new aftermarket cylindrical fuel tanks offered with an online configuration tool Thursday, March 22, in Louisville, Ky. The tanks are targeted primarily to truck owners and fleets in need of a replacement tank after a wreck or those looking for an upgrade from their original equipment. The online […]
March 22, 2012
Business
Michelin rolls out new drive tire, wide single retread
Michelin Americas Truck Tires’ Michelin X Multi Energy D drive tire is designed for enhanced fuel efficiency, optimized traction and long tread life in regional and super-regional applications. The top layer of Michelin’s Dual Energy Compound Tread rubber is balanced for added fuel efficiency while exhibiting wear properties to resist tread scrub; the bottom layer […]
March 22, 2012
Business
Reyco Granning debuts RideMaster fixed-axle air ride trailer suspensions
Reyco Granning’s RideMaster family of fixed-axle air ride trailer suspensions for heavy-duty fixed-axle applications includes two integrated axle models containing narrow bushings and three wide-bushing U-bolt axle connection models. The RideMaster family is designed to allow customers to spec suspensions for any load from 20,000 to 30,000 pounds per axle and to further customize their […]
March 22, 2012
Business
Ultracapacitor helps avoid starting problems
Maxwell Technologies designed its 12-volt ultracapacitor module as original equipment or as a retrofit solution to avoid commercial vehicle starting problems in cold weather or when batteries are drained by repetitive starting or climate control and other driver comfort functions. The device is built to store energy in an electric field, enabling it to charge […]
March 22, 2012
Business
Gates launches training Website
The Automotive Aftermarket division of Gates Corp. announced the launch of the Performance Center, a training Website offering self-directed courses covering a wide range of automotive aftermarket topics. Gates Performance Center is available 24 hours a day, seven days a week, at www.gatesaftermarkettrainingcenter.com and registration is free. Once users sign up, they can access automotive […]
March 22, 2012
Business
Vipar names McGuire Central U.S. business development director
Vipar Heavy Duty has named James McGuire director of business development with responsibility for stockholder development in the Central United States. Most recently, McGuire was an account executive with Accuride Corp. He also has experience in sales management for Gunite Corp., Permatex and Midwest Brake and Wheel. “James brings a strong background and a wealth […]
March 22, 2012
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