Equipment

About Equipment News...

Commercial freight transportation is a machine-based business. Highly technical equipment and advanced engineering are at the center of supply chain and require constant innovation. Transport Topics equipment coverage focuses on the machines and other physical assets that make delivery possible. It looks closely at available truck, trailer, and chassis models, developments in the engineering space, and maintenance innovations and best practices. 

Business, Equipment

Cummins' 1Q Profits Improves

Diesel engine maker Cummins Inc. earned $143 million or $1.42 a share in the first quarter, up from $135 million or $1.35 a year earlier.

April 27, 2007
Business, Technology, Equipment, Safety

Ryder’s First-Quarter Profit Rises

Ryder System said Wednesday its first-quarter profit rose 8% to $51.3 million or 84 cents a share, from $47.6 million or 77 cents a year ago.

April 25, 2007
Business, Government, Equipment, Autonomous

Michelin’s 1Q Sales Gain

Tire maker Michelin & Cie. said its first-quarter sales rose 5.5% on higher prices and demand from truck makers, Bloomberg reported.

April 24, 2007
Business, Equipment, Autonomous

Class 8 Truck Sales Plunge in March

The collapse in heavy-duty U.S. truck sales accelerated in March, dropping nearly 38% from the same month in 2006.

April 23, 2007
Business, Safety, Technology, Equipment

Landstar’s Quarterly Income Declines

Truckload carrier Landstar System said Thursday its first-quarter net income fell to $21.6 million or 38 cents a share, from $24.4 million or 41 cents a year ago.

April 19, 2007
Business, Equipment

Eaton’s 1Q Profit Improves

Vehicle parts manufacturer Eaton Corp. said Monday that its first-quarter net earnings were $234 million or $1.56 a share, up from $208 million or $1.36 a year ago.

April 16, 2007
Business, Equipment

Cummins Crosspoint Workers End Strike

Employees of a distributor for diesel engine maker Cummins Inc. went back to work Monday after ending a week-long strike, the Associated Press reported.

April 10, 2007
Business, Government, Equipment, Autonomous

Tire Makers Raising Prices

At least five major tire manufacturers said they are raising prices on their medium- and heavy-duty truck tires by 3% to 5%, with most citing the rising cost of raw materials as the reason.

April 9, 2007
Business, Safety, Government, Equipment, Logistics

Pacer Lowers ’07 Guidance

Transportation and third-party logistics firm Pacer International lowered its full-year earnings guidance, said it would consolidate some operations and said its board authorized a buyback of up to $100 million of the company’s stock.

April 5, 2007
Business, Government, Safety, Equipment

Strike Continues at Cummins Crosspoint

Negotiations between Teamsters and a distributor for diesel engine maker Cummins Inc. continued Tuesday, two days after workers at a West Virginia facility went on strike, the Associated Press reported.

April 3, 2007