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Midwest Sees Extensive Flooding

Heavy rains from an already deadly storm system caused extensive floods in Missouri as Midwest waterways rose to levels not seen in 14 years, the Associated Press reported Tuesday.

May 8, 2007

ArvinMeritor Posts 2Q Loss

Components maker ArvinMeritor Inc. said Tuesday it lost $94 million or $1.34 per share for its fiscal second quarter, compared with earning $45 million or 65 cents a year ago.

May 1, 2007

Accuride Takes 1Q Loss

Commercial vehicle component maker Accuride Corp. said Monday it lost $1.9 million or 5 cents a share in the first quarter, compared with a profit of $20 million or 58 cents a year ago.

April 30, 2007

Cummins' 1Q Profits Improves

Diesel engine maker Cummins Inc. earned $143 million or $1.42 a share in the first quarter, up from $135 million or $1.35 a year earlier.

April 27, 2007

Ryder’s First-Quarter Profit Rises

Ryder System said Wednesday its first-quarter profit rose 8% to $51.3 million or 84 cents a share, from $47.6 million or 77 cents a year ago.

April 25, 2007

Michelin’s 1Q Sales Gain

Tire maker Michelin & Cie. said its first-quarter sales rose 5.5% on higher prices and demand from truck makers, Bloomberg reported.

April 24, 2007

Class 8 Truck Sales Plunge in March

The collapse in heavy-duty U.S. truck sales accelerated in March, dropping nearly 38% from the same month in 2006.

April 23, 2007

Landstar’s Quarterly Income Declines

Truckload carrier Landstar System said Thursday its first-quarter net income fell to $21.6 million or 38 cents a share, from $24.4 million or 41 cents a year ago.

April 19, 2007

Eaton’s 1Q Profit Improves

Vehicle parts manufacturer Eaton Corp. said Monday that its first-quarter net earnings were $234 million or $1.56 a share, up from $208 million or $1.36 a year ago.

April 16, 2007