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Business: Page 885
Business
Ryder updates onboard telematics system
Ryder System Inc. announced it has launched RydeSmart 3.0, the next generation of its onboard telematics system RydeSmart, which has been enhanced to provide greater usability and vehicle intelligence to fleet management end users. RydeSmart 3.0 is a Software-as-a-Service product designed for easier access for customers to monitor their fleets anytime, anywhere. RydeSmart is a […]
January 26, 2012
Business
Pitt Ohio upgrades customer iPhone app
Pitt Ohio announced an upgrade of its mobile iPhone application to version 4.0 to meet customers’ needs for quick and portable access to shipments. Customers have the ability to view and manage their shipment needs in real time from their iPhone or iPod Touch to better manage their supply chain from pick up to delivery, […]
January 26, 2012
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Business
FMCSA obtains temporary restraining order against Double Happyness Travel
The U.S. District Court for the Eastern District of Pennsylvania issued a temporary restraining order against Double Happyness Travel Inc. of Huntingdon Valley, Pa. that prohibits the company from operating in or affecting interstate passenger transportation service. The Federal Motor Carrier Safety Adminstration requested the temporary restraining order based on evidence that Double Happyness was […]
January 26, 2012
Business
CVSN, HDDA announce collaborative agreement
The Commercial Vehicle Solutions Network and the Heavy Duty Distribution Association announced a collaborative agreement designed to strengthen the independent heavy-duty distributor aftermarket. Organizational leaders says that while both groups will remain separate entities, they will share a number of benefits and programs by virtue of HDDA’s segment affiliation with the AAIA, including market research, […]
January 26, 2012
Business
Volvo Trucks expands XE13 horsepower offering
Volvo Trucks on Thursday, Jan. 26, announced that it now will offer a 455 horsepower rating for the XE13 – exceptional efficiency – powertrain package. Volvo Trucks introduced the initial XE13 package with a 425 hp rating in September 2011. The new rating provides additional horsepower while still allowing the engine to cruise at 1,150 […]
January 26, 2012
Business
Meritor, Fras-le renew North American supply agreement
Meritor Inc. and Fras-le S.A. have announced the renewal of an exclusive five-year commercial supply agreement for brake lining for the U.S. and Canadian commercial vehicle markets. Meritor and Fras-le have enjoyed a successful supply partnership for 15 years, including the co-development of friction materials to address the needs of North American commercial vehicles. Under […]
January 26, 2012
Business
FinditParts.com now offers 2 million parts
FinditParts.com, an online marketplace of heavy-, medium- and light-duty truck parts, announced that it crossed the 2 million-part threshold in its database, marking a strategic milestone for the ecommerce startup. The site, which officially opened its virtual doors for business in , launched with more than 1 million parts in its database. Visitors to the […]
January 26, 2012
Business
Briggs International to acquire Hyster Lift Truck assets
Briggs International announced that its subsidiary, Briggs Equipment, has executed a letter of interest to acquire a portion of Barloworld Handling’s assets. With this acquisition, Hyster Co. will appoint Briggs as an authorized dealer for the sales and service of Hyster brand lift trucks in a portion of Barloworld’s territory. Briggs says Barloworld Handling has […]
January 26, 2012
Business
New Life names Martineau VP/operations
New Life announced that Dennis Martineau has joined the company as vice president of operations. Martineau is a 25-year veteran in the transportation industry with experience in all phases of the company’s business. Most recently, he was a senior executive for Aurora Parts and previously served as president of Trailmobile Parts and Service Corp. “He […]
January 26, 2012
Business
Michelin renews ‘Back on the Road’ support
Michelin Americas Truck Tires will continue to support Arrow Truck Sales’ “Back on the Road Program” as a 2012 sponsor. The Back On The Road program provides one deserving truck driver with a truck and a job to get him or her back on the road — as well as many more prizes designed to […]
January 26, 2012
Business
ATA: Obama’s infrastructure plans need funding
The American Trucking Associations on Wednesday, Jan. 25, said the Obama administration and Congress need to focus on finding real money following comments made by the president during his State of the Union address regarding infrastructure funding. “As users of America’s highways, ATA was heartened to hear President Obama once again highlight the need to […]
January 25, 2012
Business
TransCore’s year-over-year freight index up 11%
TransCore announced that its North American Freight Index in December climbed 11 percent compared to December 2010 on the spot market, marking the second-highest freight volume for December since 2005. December’s index was the fourth consecutive month where same-month volume was the highest since the record-setting levels of 2005. TransCore’s monthly North American Freight Index […]
January 25, 2012
Business
Celadon’s 2Q earnings up 86.2%
Celadon Group on Wednesday, Jan. 25, announced that revenue for the second quarter increased 6.3 percent to $141.5 million in the 2011 quarter from $133.1 million in the 2010 quarter. Freight revenue, which excludes fuel surcharges, increased to $112.4 million from $111.6 million. Net income increased 86.2 percent to $5.4 million from $2.9 million. The […]
January 25, 2012
Business
Knight says 4Q net income up 22.7%
Knight Transportation on Wednesday, Jan. 25, announced that total revenue for the fourth quarter of 2011 increased 19.0 percent to $224.1 million from $188.3 million for the same quarter of 2010. Revenue before fuel surcharge increased 14.6 percent to $181.0 million compared to $158.0 million. Net income increased 22.7 percent to $17.5 million compared to […]
January 25, 2012
Business
Swift swings to 4Q profit
Swift Transportation Co. on Wednesday, Jan. 25, announced fourth-quarter net income of $36.8 million compared with a net loss of $48.3 million during the same period in 2010. Operating revenue rose 10 percent to $860.7 million. The Phoenix-based company said its fourth-quarter results were attributable to improved pricing and strong freight volumes during the holiday […]
January 25, 2012
Business
Stevens Transport to equip 2,000 tractors with Qualcomm’s MCP200
Stevens Transport, a Dallas-based refrigerated carrier, announced that it has selected Qualcomm’s Mobile Computing Platform 200 to integrate across its fleet of about 2,000 tractors to enhance its customer service while increasing efficiency and productivity. “With the adoption of Qualcomm’s MCP200 and many of our key applications, Stevens Transport will be able to better optimize […]
January 25, 2012
Business
Equipment leasing up in December
The Equipment Leasing and Finance Association’s Monthly Leasing and Finance Index, which reports economic activity for the $628 billion equipment finance sector, showed overall new business volume for December was $10.8 billion, up 20 percent from volume of $9.0 billion in the same period in 2010. Volume was up 74 percent from the previous month. […]
January 25, 2012
Business
CARB extends Truck and Bus Regulation reporting date to March 30
The California Air Resource Board announced administrative changes in implementing the reporting requirements of the Truck and Bus Regulation. The Jan. 31 reporting date is being extended to March 30 to give fleet owners more time to submit their fleet information. Reporting is required for fleet owners to take advantage of flexibility in the regulation. […]
January 25, 2012
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