Three tire manufacturers recently reported mixed results for third-quarter profit and sales.
November 15, 2012Search
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Meritor鈥檚 4Q Profit Falls; Plans to Cut 800 Jobs
Truck component maker Meritor Inc. said its fiscal fourth-quarter earnings declined from a year ago and that it will cut its global workforce by about 800 jobs due to weaker U.S. and international markets.
November 15, 2012Greenbrier鈥檚 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聽$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鈥 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鈥檚 no secret that underinflated tires consume more fuel. Given that the price of diesel is rising more often than falling these days, today鈥檚 fleet maintenance managers must check tire pressure more regularly 鈥 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 鈥渟pecially constructed鈥 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鈥檚 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, 2012