Truckload carrier Landstar System said late Wednesday its second-quarter profit rose slightly, while revenue jumped 10%.
July 17, 2008Search
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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, 2008Cummins’ 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, 2008ArvinMeritor 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, 2008Kemp 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.
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, 2008Cummins 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, 2008Eaton 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, 2008Cummins 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, 2008Nokia Gets Antitrust Approval for Navteq Acquisition
Finnish mobile phone maker Nokia received European antitrust approval to complete its $8.1 billion purchase of Navteq Corp., a Chicago-based provider of digital maps for in-vehicle navigation systems.
July 3, 2008