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Business: Page 880
Business
Ryder announces higher 4Q earnings, revenue
Ryder System Inc. on Thursday, Feb. 2, announced that net earnings for the fourth quarter of 2011 were $48.1 million versus $37.1 million in the year-earlier period. Total revenue was $1.54 billion, up 17 percent from $1.31 billion, reflecting the benefit of acquisitions, organic growth and fuel services. Earnings from continuing operations were $47.7 million […]
February 2, 2012
Business
Celadon takes possession of 100,000th Great Dane trailer built in Terre Haute, Ind.
Great Dane’s manufacturing facility in Terre Haute, Ind. recently celebrated the completion of its 100,000th trailer. The 17-year old plant was the site of a ceremony and press conference on Wednesday, Feb. 1, to commemorate the milestone. “When our 100,000th trailer rolled off the production line, there was an immediate, overwhelming sense of achievement for […]
February 2, 2012
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Business
Met-Con chooses Minimizer fenders
Met-Con Companies, a Faribault, Minn.-based commercial and industrial large project construction company, announced the selection of Minimizer fenders for its fleet of trucks that hauls construction debris, fill and loose material. “Minimizer fenders are the perfect application for our construction tractors and trailers,” says Jason Stowe, Met-Con shop coordinator. Stowe says it’s important road debris […]
February 2, 2012
Business
FleetPride acquires Fleet Brake
FleetPride, an independent aftermarket distributor of heavy-duty truck and trailer parts, announced that it has acquired the assets of all of Fleet Brake’s U.S. operations; terms were not announced. This acquisition marks FleetPride’s entrance into the Idaho market and includes locations in Idaho Falls, Twin Falls and Pocatello. Utah acquisition locations include Vernal and St. […]
February 2, 2012
Business
Bridgestone establishes mining tire unit, reorganizes commercial group
Bridgestone Americas Tire Operations announced the formation of an integrated mining tire business unit and the reorganization of the commercial group. The new business unit, Bridgestone Mining Solutions, combines all mining tire sales, service and sales engineering, as well as a select group of U.S. and Canadian stores, into one integrated structure. Shawn Rasey will […]
February 2, 2012
Business
Fontaine adds routed aluminum siderail to Infinity line
Fontaine Trailer Co., a provider of platform trailers, now offers the patented RASR Routed Aluminum SideRail on its 2012 line of Infinity platform, dropdeck and twistlock container trailers. The RASR siderail is a one-piece aluminum extrusion designed to be lighter than steel while better withstanding impact damage. Fontaine says the design offers faster, easier and […]
February 2, 2012
Business
Domestic Fuels & Lubes to distribute Blue Sky DEF
Prime Lube Inc., the parent company of Blue Sky East, announced that Domestic Fuels & Lubes of Chesapeake, Va., has become a distributor of Blue Sky Diesel Exhaust Fluid. Domestic Fuels & Lubes will offer the diesel fuel supplement to customers in Virginia and North Carolina. The company says distribution of Blue Sky DEF will […]
February 2, 2012
Business
OnAsset, Sprint produce dual mode asset-tracking solution
OnAsset Intelligence Inc., a provider of machine-to-machine wireless asset tracking, sensing and control solutions, announced that its relationship with Sprint has produced a dual mode CDMA/GSM asset-tracking solution for use around the globe. OnAsset’s Sentry asset-tracking solution is used to track the location, temperature, pressure, humidity, light, motion, shock and vibration of high-value assets transported […]
February 2, 2012
Business
Alcoa updates, revises Wheel Service Manual
Alcoa has updated its Wheel Service Manual, a resource guide detailing safety instructions and precautions for truck rims and wheels. Alcoa says the manual has been fully revised for ease of reference and to reflect the latest policies and procedures shaping wheel maintenance. The latest edition includes updated content, graphics and pictures with more detailed […]
February 2, 2012
Business
PPG to exhibit at NATM, TMC trade shows
PPG Commercial Coatings has announced it will be exhibiting at two major trade shows: the National Association of Trailer Manufacturers National Convention and Trade Show, and the Technology Maintenance Council 2012 annual meeting. The NATM event will be held Feb. 7-11 in Fort Worth, Texas, at the Fort Worth Convention Center. The TMC exhibition, under […]
February 2, 2012
Business
CCJ Webinar: Outlook for Trucking
John Larkin, managing director and transportation analyst for Stifel, Nicolaus & Co., will discuss the latest intelligence in the key areas of carrier profitability — freight demand, capacity, pricing and costs.
February 2, 2012
Business
Navistar submits MaxxForce 13 for certification
Navistar has submitted its MaxxForce 13 diesel engine to the U.S. Environmental Protection Agency for compliance testing, the company told attendees at a stock analyst meeting on Wednesday, Feb. 1. Last week, the California Air Resources Board notified Navistar that the company’s emissions credits for the MaxxForce 13 will expire Feb. 29. Most diesel engine […]
February 1, 2012
Business
Navistar: Part defect leads to production halt
Navistar Inc. on Wednesday, Feb. 1, said it has halted production of its Class 8 truck models and will sustain a profit hit because of a part recall from one of its suppliers. At a stock analyst briefing, Navistar said it stopped production in mid-December until the problem can be remedied. It appears the affected […]
February 1, 2012
Business
Manufacturing starts 2012 ‘on a positive note’
Economic activity in the manufacturing sector expanded in January for the 30th consecutive month, and the overall economy grew for the 32nd consecutive month, the nation’s supply executives said Wednesday, Feb. 1, in the latest Manufacturing ISM Report On Business. The PMI registered 54.1 percent, an increase of 1 percentage point from December’s seasonally adjusted […]
February 1, 2012
Business
Covenant reports 4Q, full-year net loss
Covenant Transportation Group Inc. on Wednesday, Dec. 31, announced that total revenue for the fourth quarter of 2011 ended Dec. 31 decreased 1.2 percent to $162.0 million from $163.9 million for 2010. Freight revenue decreased 6.7 percent to $127.5 million from $136.6 million. The company reported a net loss of $2.2 million compared to net […]
February 1, 2012
Business
Patriot posts lower 1Q net income, higher transportation revenues
Patriot Transportation Holding on Wednesday, Feb. 1, reported net income of $2.124 million in the first quarter of fiscal 2012, a decrease of $4.271 million or 66.8 percent compared to net income of $6.395 million in the same period last year. Income from discontinued operations favorably impacted the first quarter of fiscal 2011 due to […]
February 1, 2012
Business
YRC Inc. becomes YRC Freight
YRC Inc., a subsidiary of YRC Worldwide Inc., officially unveiled the launch of its new brand – YRC Freight. The brand was introduced to employees in late January at a company event. In addition to the new name, a new logo, uniforms, equipment and signage will be rolled out across North America. “Moving freight is […]
February 1, 2012
Business
Estes opens new terminal near Dayton, Ohio
Estes Express Lines has opened a new 36-door terminal near Dayton, Ohio to support a consistent upward trend in business levels in the region. Located at 6295 Executive Blvd. in Huber Heights, the terminal employs 29 people; 17 of the employees are new hires, and 12 transferred from other Estes locations. The Dayton terminal provides […]
February 1, 2012
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