Business

Canadian carrier Contrans Group’s second-quarter profit rose, in part on the sale of its waste-collection segment, the company said.

Diesel dipped 1.1 cents to $3.858 a gallon, its fourth consecutive decline and lowest price in eight months, the Department of Energy reported July 28.

Specialty truck maker Oshkosh Corp.’s fiscal third-quarter profit dropped from a year ago as lower sales in the defense, fire and emergency segments outweighed gains in the commercial and access equipment sectors.

Vehicle component maker Eaton Corp. said second-quarter earnings dropped due to settlement costs of $644 million concerning a cases with Meritor Inc. and Triumph Group.

Confidence among U.S. consumers soared in July to the highest level in almost seven years on the heels of a strengthening labor market.

The chairman of the tax-writing Senate Finance Committee on July 28 criticized the primary source of funding for a House bill that would shore up the Highway Trust Fund, a day before the Senate is expected to vote on the legislation.

LISLE, Illinois – Navistar Inc. said it has launched a new program to enhance the value of its later-model used trucks.

P.A.M. Transportation Services reported second-quarter net income of $4.95 million, or 62 cents per share, from $2.68 million, or 31 cents, the prior year.