Eaton Reports Improved Results in 1Q
Power management company Eaton Corp. reported higher first-quarter net income and modest revenue gains.
April 30, 2019Paccar Starts Year With Record 1Q Revenue, Income, Truck Deliveries
Truck and engine maker Paccar Inc. reported record first-quarter net income and revenue on record truck deliveries.
April 30, 2019US Trails in Lithium Mining for EV Batteries
The U.S. push to challenge China’s dominance in the production and sale of electric vehicles has at least one weak link: Most of the raw materials needed to make the batteries are dug elsewhere.
April 30, 2019GM Beats Profit Estimates With a Raise From Lyft
General Motors Co. needed a little help from ride-hailing company Lyft Inc. to beat analysts for first-quarter profit as cost cuts only partially made up for lower sales.
April 30, 2019Cummins Lifts 1Q Revenue, Income Amid Record Demand for Truck Engines
Cummins Inc. reported higher net income and revenue in the first quarter reflecting the strength in the North American truck production and power generation markets, plus global construction demand.
April 30, 2019Ford Partners With Amazon to Enable Package Deliveries
Ford Motor Co. is the latest automaker opening its vehicles’ trunks to Amazon.com., entering a partnership to enable delivery of packages directly to millions of Ford and Lincoln models.
April 30, 2019Employment Costs Rise 0.7% in First Quarter
U.S. employment costs held up at a steady pace in the first quarter as wages firmed, signaling some buildup of inflationary pressures that could still spur pickups in otherwise-muted price gauges.
April 30, 2019Farmers Go Organic in Search of Millennial Dollars in Grain Glut
While the number of farms overall in the United States from 2012 has shrunk, the number of organic growers has surged, according to the latest census from the U.S. Department of Agriculture.
April 30, 2019Canadian Carrier Mullen Reports Record Revenue in 1Q
Canadian company Mullen Group Ltd. increased revenue by C$27.5 million, or 9.4%, to $319.6 million in the first quarter, according to a news release.
April 30, 2019Werner Enterprises Revenue, Net Income Rise in 1Q
Werner Enterprises Inc., a transportation and logistics company, said its total revenue for the first quarter ending March 31 increased 6% to $596.1 million versus the prior year quarter, primarily attributable to dedicated fleet expansion, higher contractual rates and lane-mix changes.
April 30, 2019