Greenbrier’s 4Q Earnings Decline More Than 40%
Greenbrier Cos., which makes intermodal railcars and other freight equipment, said its fiscal fourth-quarter earnings fell more than 40% to $7.4 million as the market for some equipment eased.
November 14, 2012Component Manufacturers See Mixed 3Q Profits
Truck and automobile parts maker Visteon Corp. reported its third-quarter net income dropped and announced a $100 million restructuring, while Commercial Vehicle Group also provided a quarterly profit.
November 7, 2012Profits at Industry Suppliers Slip as They Report Lower Demand
A number of trucking industry suppliers, led by engine maker Cummins Inc., all reported lower earnings in the third quarter due to falling demand for their products.
November 5, 2012Cummins’ 3Q Income Drops on Lower Engine Demand
Cummins Inc. said its third-quarter profit slipped from a year ago on lower engine demand.
October 31, 2012Opinion: Lower Your Tire Costs With Proper Inflation
It’s no secret that underinflated tires consume more fuel. Given that the price of diesel is rising more often than falling these days, today’s fleet maintenance managers must check tire pressure more regularly — and then actually do something about the results.
October 29, 2012Philadelphia Manufacturing Index Rises
Manufacturing activity in the Philadelphia region expanded in October, the Federal Reserve Bank of Philadelphia said Thursday.
October 18, 2012Oil-Field Specialty Trucks HOS Exemption Should Be Extended to Others, Carriers Say
An hours-of-service waiting time exemption for drivers of “specially constructed” oil-field operations trucks should be extended to include such other oil and gas operations trucks such as those that deliver sand and water, several motor carriers and trade association officials told federal regulators.
October 15, 2012Navistar Announces Hebe’s Retirement, Production Plans
Navistar International Corp. this week announced the retirement of well-known executive Jim Hebe, the appointment of new board members and outlined a plan for full production of trucks with Cummins ISX engines at the start of next year.
October 8, 2012Revamped Cummins ISX 15 Engine First to Be EPA-Certified for 2014
Cummins Inc. said it has received federal certification that its new 15-liter engine meets the coming 2014 greenhouse-gas standards, the latest sign that North America’s heavy-duty truck and engine makers are making headway in preparing for the new rule.
October 8, 2012ISM Services Index Improves in September
An index of the U.S. economy’s service sector improved in September, the Institute for Supply Management said Wednesday.
October 3, 2012