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Vehicle parts manufacturer Eaton Corp. said Monday its second-quarter profit fell 91% and that its full-year earnings would be less than previously forecast due to slowing demand in Europe.

An index of leading economic indicators rose 0.7% in June, the third consecutive increase, the New York-based Conference Board said Monday.

Sprint Nextel Corp., the third-largest U.S. wireless carrier, plans to pay Ericsson AB as much as $5 billion to manage its networks, offloading the expense of running its own systems.

A two-mile stretch of Interstate 75 damaged by a fiery explosion last week is expected to reopen Monday, the Detroit Free Press reported.

Navistar Inc. said it has completed 18 months of laboratory and field tests of its “advanced” version of exhaust gas recirculation engine technology that will be used to meet 2010 federal emission requirements.

Now that we’ve had a week to digest the Transport Topics 100 ranking of the largest for-hire carriers in the United States and Canada, it’s clear that our coverage focused as much on the coming silver lining as on the bleak economic reality of 2008 and the first half of 2009.

Any trucking company that takes the leadership position in safety and in clean air is to be commended. But doing so through high-tech safety and Environmental Protection Agency ventures makes the outcome risky.

Bankrupt Flying J Inc. last week sketched out a plan to sell its truck-stop operations to Pilot Travel Centers, which would add to Pilot’s lead as the nation’s largest truck-stop network.

HOUSTON — During the second half of 2007, when the U.S. economy and stock market were at their respective peaks, a colleague of James Crane said he was — for a brief while — bitter and unhappy. But as gross domestic product and the value of stocks, housing and other assets fell dramatically, the smile returned to Crane’s face as he realized the comfort of cash — hundreds of millions of dollars of it.