Engine maker Cummins Inc. said first-quarter profit rose on higher engine sales in North America.
April 28, 2015Business
Eaton, Meritor Report Higher Earnings; Meritor Appoints CEO
Component makers Eaton Corp. and Meritor Inc. reported higher earnings for their most recent fiscal quarters, with both companies citing a strong North American truck market, and Meritor appointed a new CEO.
April 29, 2015Business, Equipment
Cummins’ 1Q Profit Rises on Higher North American Engine Sales
Business, Fuel
Diesel Price Rises for Second Week, Gaining 3.1¢ to $2.811
Diesel’s national average price rose 3.1 cents to $2.811 a gallon, the second consecutive increase, while gasoline jumped to a five-month high, the Department of Energy reported April 27.
April 27, 2015Business
Con-way Freight’s Buffalo Workers Vote Against Teamsters Union Representation
Employees at Con-way Freight’s Buffalo, New York, facility voted to reject representation by the Teamsters union, the company said.
April 23, 2015Business
Ritchie Bros. Plans Largest Canadian Auction April 28-May 1
Ritchie Bros. Auctioneers is set to hold its largest Canadian auction next week, and the downturn in the energy sector is playing a significant role in adding equipment to the auction block, according to Ritchie and Canadian industry officials.
April 23, 2015Business
Rush Enterprises’ 1Q Profit Gains on Higher Truck Sales
Truck dealership chain Rush Enterprises’ first-quarter net income rose as its Class 8 truck sales jumped more than 50% year-over-year.
April 22, 2015Business
Paccar’s 1Q Earnings Rise 38%
Paccar Inc. reported first-quarter income rose 38% from a year go on higher truck sales, and the company predicted higher industrywide U.S. and Canadian heavy-duty truck sales for this year.
April 21, 2015Business
Rush to Adopt Software From IBM for All Dealers
IBM and Rush Enterprises announced that Rush’s nationwide network of more than 100 truck dealership locations will use IBM DealerWorks enterprise software to provide real-time access to customers.
April 21, 2015Business, Fuel
Diesel Rises 2.6¢ to $2.78 in First Gain in Six Weeks
Diesel’s national average price rose 2.6 cents to $2.78 a gallon, the first gain in six weeks, as oil prices held near their highest level this year, the Department of Energy reported April 20.
April 20, 2015Business
Celadon Names Executives to New Appointments
Celadon Group Inc. announced several promotions within to its senior management team. The changes are effective immediately.
April 17, 2015