Goodyear Tire & Rubber Co. said Monday its third-quarter profit fell to $31 million, or 13 cents a share, from $668 million, or $2.75, a year ago.
November 3, 2008Fleet Equipment News
Commercial freight transportation is a machine-based business. Highly technical equipment and advanced engineering are at the center of supply chain and require constant innovation. Transport Topics equipment coverage focuses on the machines and other physical assets that make delivery possible. It looks closely at available truck, trailer, and chassis models, developments in the engineering space, and maintenance innovations and best practices.
October Retail Sales Plunge 2.8%; Drop Is Largest on Record
Retail sales fell 2.8% in October, the biggest drop on record, the Commerce Department said Friday.
November 14, 2008FleetPride Acquires Oregon Parts Distributor
Heavy-duty truck and trailer parts aftermarket distributor FleetPride Inc. said Monday it acquired E.H. Burrell Co., a distributor of original equipment manufacturer and aftermarket parts serving western Oregon and southwest Washington state.
November 10, 2008NYSE Suspending Accuride’s Trading
Commercial vehicle component maker Accuride Corp. said Monday it received notice that its stock will be suspended from trading on the New York Stock Exchange, effective this Wednesday, Nov. 12.
November 10, 2008Shippers Seek to Cut Costs as Revenue Growth Stalls
Prodded by soaring fuel prices and the contracting economy, shippers have spent most of 2008 trying to pare transportation spending to meet demands by company executives looking for antidotes to stagnant revenue growth.
November 10, 2008Accuride Reports Big 3Q Loss
Commercial vehicle component maker Accuride Corp. said Thursday it lost $201.2 million, or $5.67 per share, in the third quarter, compared with a loss of $1.9 million, or 5 cents, a year ago.
November 6, 2008SCR Group Urges Strict Urea Guidelines
When heavy-duty engines with selective catalytic reduction technology start rolling in 2010, truckers refilling their trucks’ urea tanks will need to follow strict guidelines to protect the product’s purity to avoid damaging the aftertreatment system, urea experts said.
November 3, 2008Paccar Recalls Tractors for Repairs of Caterpillar DPFs
A total of 3,640 tractors manufactured by Paccar Inc. are being recalled because parts on the diesel particulate filter, or DPF, can fail, causing the component to separate from the chassis and fall onto the road.
November 3, 2008Goodyear’s Third-Quarter Profit Declines
ArvinMeritor Cutting 1,250 Jobs, May Sell Auto-Components Unit
Heavy-duty truck parts maker ArvinMeritor Inc. said Friday it will cut 1,250 jobs and may sell the auto-components unit it had planned to spin off to shareholders.
October 31, 2008Cummins’ Third-Quarter Profit Rises 24%
Diesel engine maker Cummins Inc. said Friday its third-quarter profit jumped 24% on stronger international sales, but the company lowered its full-year sales outlook.
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