Truckload carrier Landstar System said late Wednesday its second-quarter profit rose slightly, while revenue jumped 10%.
July 17, 2008Business, Safety, Equipment
Goodyear’s 2Q Profit Rises on International Sales
Goodyear Tire & Rubber Co.’s second-quarter profit rose to $75 million, or 31 cents a share, from $56 million, or 26 cents, in 2007 as stronger international sales offset a slip in the North American market, the company said Thursday.
July 31, 2008Business, Safety, Equipment
Cummins’ Profits Rise as Engine Demand Recovers
Engine manufacturer Cummins Inc., said that its second-quarter profits rose to a record as overseas demand bolstered a recovering North American truck-engine market.
July 30, 2008Business, Equipment
ArvinMeritor Reports Fiscal 3Q Profit
Vehicle component supplier ArvinMeritor earned $44 million, or 60 cents a share in the quarter ended June 30, compared with a loss of $70 million, or 99 cents, a year ago, the company said Tuesday.
July 29, 2008Business, Technology, Equipment, Safety
Kemp Promoted to President, COO of ABF Freight
Wesley Kemp was appointed president and chief operating officer of less-than-truckload carrier ABF Freight System, the company said.
July 28, 2008Business, Technology, Equipment, Safety
Ryder Reports Mixed 2Q Earnings
Ryder System Wednesday reported a second-quarter profit of $62.9 million, or $1.10 per share, compared with $65.1 million, or $1.07 per share, a year ago.
July 23, 2008Business, Equipment
Cummins to Acquire N.C. Engine Company
Diesel engine maker Cummins Inc. said Friday it concluded joint ventures with two companies and that it will purchase a stake in a North Carolina engine company, which will become a Cummins unit.
July 18, 2008Business, Technology, Equipment, Safety
Landstar’s 2Q Profit, Revenue Rise
Business, Equipment
Eaton Reports Higher 2Q Income, Trims Forecast
Vehicle parts manufacturer Eaton Corp. said Tuesday its second-quarter net earnings jumped 35% led by more acquisitions, but the company trimmed its earnings forecast for the year.
July 15, 2008Business, Equipment
Cummins Boosting Dividend by 40%
Diesel engine maker Cummins Inc. said Tuesday it will boost its quarterly cash dividend by 40%, to 17.5 cents per share, from 12.5 cents per share.
July 8, 2008Business, Safety, Government, Technology, Equipment
Bendix to Offer Automatic Braking for Heavy-Duty Trucks in 4Q
WASHINGTON — Bendix Commercial Vehicle Systems LLC demonstrated here the automatic braking system for heavy-duty trucks it will offer starting in the fourth quarter.
July 7, 2008