Fleet Equipment News

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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.

BusinessEquipment

Ritchie Bros.’ Second-Quarter Income Dips

Ritchie Bros. Auctioneers said its second-quarter profit slipped from a year ago to $30 million, or 28 cents per share, from $31.3 million, or 29 cents, a year ago.

August 6, 2013
BusinessEquipment

Component Makers Report Mixed 2Q Results

Three component manufacturers reported mixed second-quarter results compared with the same period last year.

August 5, 2013
BusinessEquipment

Eaton’s 2Q Earnings Rise

Eaton Corp. said Friday its second-quarter earnings rose, due in part to its $13 billion acquisition of Ireland-based Cooper Industries last year.

August 2, 2013
BusinessEquipment

Goodyear’s Earnings More Than Double

Goodyear Tire & Rubber Co.’s second-quarter earnings more than doubled as its operating income jumped 27%, improving in all four of its global regions.

July 31, 2013
BusinessEquipment

Meritor Reports Fiscal Third-Quarter Loss

Meritor Inc. reported a loss for its fiscal third quarter and completed the sale of its 50% stake in a Brazilian company, the truck component maker said Wednesday.

July 31, 2013
BusinessEquipment

Wabash’s Second-Quarter Income Rises

Trailer manufacturer Wabash National Corp. said its second-quarter income increased and that it expects a “significant increase†in trailer shipments in the third quarter.

July 31, 2013
BusinessEquipment

Cummins’ 2Q Income Declines

Engine maker Cummins Inc. said Tuesday its second-quarter earnings declined from a year ago, but sales increased on higher demand in the North American medium-duty truck market.

July 30, 2013
BusinessEquipment

Commercial Vehicle Group Reports 2Q Loss

Commercial Vehicle Group reported a second-quarter loss, the truck and auto components maker said.

July 23, 2013
BusinessLogisticsEquipment

U.S., Canada Truckers Eye Cabotage Change to Liberalize Movement of Empty Trailers

U.S. and Canadian trucking officials said an agreement allowing truckers to move empty trailers within the other country could result from their governments’ efforts to improve cross-border trade.

July 15, 2013
BusinessEquipment

Cummins Boosting Dividend 25%

Engine maker Cummins Inc. said it is boosting its quarterly dividend 25%, reflecting its “confidence in the long-term prospects for the company.â€

July 10, 2013