Tire maker Michelin & Cie. said its first-quarter sales rose 5.5% on higher prices and demand from truck makers, Bloomberg reported.
April 24, 2007Business, Equipment
ArvinMeritor Posts 2Q Loss
Components maker ArvinMeritor Inc. said Tuesday it lost $94 million or $1.34 per share for its fiscal second quarter, compared with earning $45 million or 65 cents a year ago.
May 1, 2007Business, Equipment
Accuride Takes 1Q Loss
Commercial vehicle component maker Accuride Corp. said Monday it lost $1.9 million or 5 cents a share in the first quarter, compared with a profit of $20 million or 58 cents a year ago.
April 30, 2007Business, 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, 2007Business, Technology, Equipment, Safety
Ryder鈥檚 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, 2007Business, Government, Equipment, Autonomous
Michelin鈥檚 1Q Sales Gain
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, 2007Business, Safety, Technology, Equipment
Landstar鈥檚 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, 2007Business, Equipment
Eaton鈥檚 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, 2007Business, 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, 2007Business, 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