Diesel engine maker Cummins Inc. said Thursday its third-quarter profit rose to $184 million or $1.84 a share, from $171 million or $1.69 a year ago.
October 25, 2007Search
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Durable Orders Fall 1.7% in September
Durable goods orders fell 1.7% in September saw their biggest drop in seven months, the Commerce Department said Thursday.
October 25, 2007
Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
Jobless Claims Rise 8,000 for Week
Initial jobless claims rose by 8,000 last week to 331,000, the Labor Department said Thursday.
October 25, 2007°®¶¹´«Ã½ Sales Fall to Lowest Level on Record
Existing homes sales fell in September to the lowest level since record keeping began in 1999, the National Association of Realtors said Wednesday.
October 24, 2007Old Dominion Freight Line’s 3Q Income Dips
Less-than-truckload carrier Old Dominion Freight Line said Thursday its third-quarter profit declined slightly from a year ago.
October 25, 2007Navistar Reports ’03-’04 Loss of $365 Million
Navistar International Corp., which has not filed financial reports in two years, said Thursday it lost $365 million from 2003 through 2004, when it previously had posted a profit of $230 million, Bloomberg reported.
October 25, 2007September Truck Tonnage Declines 2.3%, ATA Says
American Trucking Associations’ seasonally adjusted for-hire truck tonnage index for September declined 2.3% from a year ago, ATA said.
October 26, 2007YRC’s Third-Quarter Income Declines
Less-than-truckload carrier YRC Worldwide said late Thursday its third-quarter net income declined to $40.7 million or 70 cents a share, from $95.8 million or $1.64 per share last year.
October 26, 2007Norfolk Southern’s 3Q Earnings Decline
Eastern freight railroad Norfolk Southern Corp. said Wednesday its third-quarter earnings fell 7% to $386 million or 97 cents a share, from $416 million or $1.02 a year ago.
October 24, 2007Paccar Reports Lower 3Q Earnings; Boosts Dividend
Heavy-duty truck maker Paccar Inc. said Wednesday its third-quarter profit fell 25% on continued lower demand, but the company boosted its quarterly dividend.
October 24, 2007