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Michelin Forecasts Higher Costs

Tire maker Michelin & Cie. said it will face tougher competition and higher raw materials costs this year, Bloomberg reported Friday.

May 11, 2007

TMW Cites First-Quarter Upturns

Trucking software provider TMW Systems said it was 鈥減leased鈥 with its first-quarter financial performance and production output.

May 14, 2007

Midwest Sees Extensive Flooding

Heavy rains from an already deadly storm system caused extensive floods in Missouri as Midwest waterways rose to levels not seen in 14 years, the Associated Press reported Tuesday.

May 8, 2007

Qualcomm, Maptuit Set Partnership for NaviGo System

Qualcomm Inc. and Maptuit Corp. said Monday they have entered an agreement to make Maptuit鈥檚 navigation system available on Qualcomm鈥檚 mobile computing platform.

May 7, 2007

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, 2007

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, 2007

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

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, 2007

Michelin鈥檚 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

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