Three tire manufacturers recently reported mixed results for third-quarter profit and sales.
November 15, 2012Search
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Used Truck Sales, Trailer Orders Fall in November
Sales of Class 8 used trucks and orders for new trailers fell in November from the previous month, according to ACT Research.
December 27, 2012Opinion: Supply Chain Accountability
Over the past several years, government regulation that should be directed at every link of the supply chain has become increasingly focused on the trucking industry’s portion. If this continues, it quickly will become toxic to our industry and the economy as a whole.
December 17, 2012FMCSA Plans Survey on EOBR Harassment Issue
The Federal Motor Carrier Safety Administration wants to survey trucking to determine how it could prevent driver harassment when it issues a rule mandating electronic onboard recorders.
December 14, 2012Cummins Sets $1 Billion Stock Repurchase
Cummins Inc. said it will repurchase up to $1 billion in shares of its common stock.
December 12, 2012Letters: Fees Equal Taxes, Lowering Tire Costs
A few weeks ago, I received a call from the staff of U.S. Rep. Renee Ellmers (R-N.C.). My family operates a business with more than 750 pieces of equipment constantly on the road in America.
December 3, 2012Meritor’s 4Q Profit Falls; Plans to Cut 800 Jobs
Truck component maker Meritor Inc. said its fiscal fourth-quarter earnings declined from a year ago and that it will cut its global workforce by about 800 jobs due to weaker U.S. and international markets.
November 15, 2012Greenbrier’s 4Q Earnings Decline More Than 40%
Greenbrier Cos., which makes intermodal railcars and other freight equipment, said its fiscal fourth-quarter earnings fell more than 40% to $7.4 million as the market for some equipment eased.
November 14, 2012Component Manufacturers See Mixed 3Q Profits
Truck and automobile parts maker Visteon Corp. reported its third-quarter net income dropped and announced a $100 million restructuring, while Commercial Vehicle Group also provided a quarterly profit.
November 7, 2012Profits at Industry Suppliers Slip as They Report Lower Demand
A number of trucking industry suppliers, led by engine maker Cummins Inc., all reported lower earnings in the third quarter due to falling demand for their products.
November 5, 2012