Latest News Updates From Jim Stinson

Jim Stinson

Staff Reporter

Jim received a business bachelor's degree from Boston University. He attended Indiana University and received a master's degree in journalism, and since then has been a business reporter, an Indiana Statehouse reporter, an editorial writer and a White House reporter.


Business

Dana Reports 2Q Net Loss of $68 Million on Pension Plan Charge

Dana Inc., a major supplier of drivetrain, sealing and thermal-management technologies, reported a net loss of $68 million for the second quarter ended June 30.

July 31, 2019
Business

ArcBest Posts Net Income of $24.4 Million in 2Q; Net Revenue Dips

ArcBest reported second-quarter income of $24.4 million, or 92 cents per share, compared with $1.2 million, or 5 cents a share, in the same period last year, when the company took an after-tax charge for pension costs.

July 31, 2019
Business

Saia Sees 22.4% Jump in 2Q Net Income

Saia Inc. reported net income of $37.1 million for the second quarter ended June 30, up 22.4% from $30.3 million in the same period of 2018.

July 31, 2019
Business

Meritor’s Net Income Up 34.4% in 3Q

Meritor Inc. reported net income rose 34.4% to $86 million, or $1 per diluted share, for its third quarter ended June 30.

July 31, 2019
Business, Logistics

C.H. Robinson’s Net Income Up 6.3% in 2Q

C.H. Robinson Worldwide reported net income for the quarter ended June 30 came in at $169.2 million, up 6.3% from $159 million in the second quarter a year ago.

July 31, 2019
Business, Logistics, Top 50

Hub Group Reports Record Earnings Per Share for 2Q

Hub Group announced net income of $29.2 million, or earnings per share of 87 cents, for the second quarter ended June 30, according to an earnings release.

July 30, 2019
Business

Ryder Reports Record 2Q Revenue, Up 7%

Ryder System Inc. reported higher earnings and record revenue in the second quarter in all three business segments, reflecting new business and higher volumes.

July 30, 2019
Business, Equipment

Eaton’s Net Income Increases 4.1% in 2Q

Power management company Eaton Corp. reported net income of $636 million in the second quarter ended June 30, up 4.1% from $611 million in the same quarter in 2018.

July 30, 2019
Business, Equipment

Cummins Reports Record Revenue in 2Q

Cummins Inc. reported $675 million in net income for the second quarter ended June 30, a 23.8% increase from the second quarter of 2018.

July 30, 2019
Business, Equipment

June Used Class 8 Prices Climb Even as Lots Grow Full

At a time of slowing freight volume and an increasingly adequate supply of power units, the average used Class 8 truck still brought a higher sales price in June than in the same month a year earlier, according to ACT Research.

July 30, 2019