UPS’ Second-Quarter Profit Jumps
UPS Inc. said Tuesday its second-quarter net income rose to $1.06 billion, or $1.07 per share, from $845 million, or 84 cents, year earlier.
July 26, 2011Paccar’s 2Q Profit Rises on Higher Truck Sales
Truck and engine manufacturer Paccar Inc. said Tuesday its second-quarter profit rose on higher truck sales, though it trimmed its overall sales outlook for the 2011 North American trucking market.
July 26, 2011Cummins’ Second-Quarter Profit Doubles
Engine maker Cummins Inc. said Tuesday its second-quarter profit doubled to a record on higher sales, and it boosted its earnings outlook for the full year.
July 26, 2011New Home Sales Dip 1% in June
New home sales fell for the second straight month in June, declining 1% to 312,000, the Commerce Department said Tuesday.
July 26, 2011Consumer Confidence Unexpectedly Improves in July
Consumer confidence rose in July from an eight-month low in June, the New York-based Conference Board said Tuesday.
July 26, 2011Diesel Rises 2.6¢ to $3.949 a Gallon; Gasoline Rises for Fourth Straight Week
Diesel rose for the third straight week, climbing 2.6 cents to $3.949 a gallon, while gasoline rose for a fourth week, the Department of Energy said Monday.
July 26, 2011Ford’s Second-Quarter Profit Declines
Ford Motor Co.’s second-quarter profit declined $201 million from a year ago, the company said Tuesday.
July 26, 2011Chrysler Reports 2Q Profit Excluding Loan Paybacks
Chrysler Group LLC reported second-quarter net profit of $181 million, after excluding losses from paying off U.S. and Canadian government loans early, Bloomberg reported Tuesday.
July 26, 2011Purchases of Classes 4-7 Vehicles Rise 23.8% in June
U.S. retail sales of Classes 4-7 trucks totaled 12,819 units in June, 23.8% more than the 10,356 units sold in June 2010, WardsAuto.com reported.
July 26, 2011NTSB Issues Cargo Tank Rollover Recommendations
The National Transportation Safety Board Tuesday issued a slate of regulatory recommendations aimed at reducing the number of cargo tank truck rollovers.
July 26, 2011