Paccar Recalls Tractors for Repairs of Caterpillar DPFs
A total of 3,640 tractors manufactured by Paccar Inc. are being recalled because parts on the diesel particulate filter, or DPF, can fail, causing the component to separate from the chassis and fall onto the road.
November 3, 2008Goodyear’s Third-Quarter Profit Declines
Goodyear Tire & Rubber Co. said Monday its third-quarter profit fell to $31 million, or 13 cents a share, from $668 million, or $2.75, a year ago.
November 3, 2008ArvinMeritor Cutting 1,250 Jobs, May Sell Auto-Components Unit
Heavy-duty truck parts maker ArvinMeritor Inc. said Friday it will cut 1,250 jobs and may sell the auto-components unit it had planned to spin off to shareholders.
October 31, 2008Cummins’ Third-Quarter Profit Rises 24%
Diesel engine maker Cummins Inc. said Friday its third-quarter profit jumped 24% on stronger international sales, but the company lowered its full-year sales outlook.
October 31, 2008UPS to Buy New Hydraulic Hybrid Trucks
UPS Inc. said Monday it will buy seven new hydraulic hybrid vehicles produced by Eaton Corp. and Navistar International Corp.
October 27, 2008Ryder’s 3Q Earnings Improve
Ryder System Wednesday reported third-quarter earnings of $70.2 million, or $1.25 per share, up from $65.5 million, or $1.11, a year ago.
October 22, 2008Iteris’ Income Falls for Fiscal 2Q
Iteris Inc., which makes lane-departure warning systems for the trucking industry, said late Tuesday its fiscal second-quarter profit decreased from a year ago.
October 21, 2008Eaton Reports Higher 3Q Income; Cuts ’08 Forecast
Vehicle parts manufacturer Eaton Corp. said Monday its third-quarter net earnings rose, but the company cut its full-year forecast due to economic conditions.
October 20, 2008Class 8 Sales Rise in September, But Orders Drop Dramatically
Heavy-duty truck sales in the United States grew for the fourth straight month in September, but year-to-date results remained weak and the recent national economic chaos led to a sharp drop in new orders during September.
October 20, 2008Landstar’s 3Q Profit, Revenue Rise
Truckload carrier Landstar System said late Wednesday its third-quarter profit rose to $32.8 million, or 62 cents a share, from $29.3 million, or 54 cents, a year ago.
October 16, 2008