Wabco 2Q Income Declines; Sales Rise
Belgium-based Wabco Holdings Inc. said second-quarter net income declined from a year ago, but sales and operating income improved.
July 25, 2014Ryder’s Second-Quarter Net Income Rises
Ryder System said its second-quarter earnings rose from a year ago, as its fleet management and supply chain units revenue increased.
July 23, 2014Asset Tracking Provider I.D. Systems Hires Ellis as COO
I.D. Systems Inc., which sells the VeriWise brand of asset-tracking products, said it has appointed former Omnitracs executive Norm Ellis as its chief operating officer.
July 22, 2014Roadrunner Acquires Logistics Firm Integrated Services
Roadrunner Transportation Systems has acquired regional logistics firm Integrated Services for $13 million.
July 21, 2014June Truck Sales Jump 21%
Class 8 vehicle sales surged 21.6% in June to 19,373 units, the third-highest monthly total since the end of 2006, WardsAuto.com reported.
July 21, 2014Idle Free Systems Acquired by Truck Heating, Cooling Equipment Firm
Idle Free Systems has been acquired by Phillips & Temro Industries, a Minnesota-based supplier of heating and cooling equipment for heavy-duty trucks. Terms were not disclosed.
July 16, 2014Cummins Promotes Two; Freeland Named President
Cummins Inc. has promoted Rich Freeland to president and chief operating officer and has tapped Dave Crompton to succeed Freeland at the helm of the company’s engine business.
July 14, 2014Cummins Appoints New President
Rich Freeland has been promoted to president and chief operating officer at Cummins Inc.
July 9, 2014Sales of Used Class 8s Decline, But Prices, Demand Still Strong
The number of used Class 8 trucks sold fell 12% in May from April, but prices and demand remained strong for low-mileage trucks, analysts and dealers said last week.
July 7, 2014Stoughton Parent Acquires Barrett Trailers
STI Holdings Inc., the parent company of Stoughton Trailers, said it has acquired Barrett Trailers, a maker of trailers to haul cattle and hogs.
July 2, 2014