Diesel engine maker Cummins Inc. on Thursday said its fourth-quarter profit rose from a year ago as sales climbed to a quarterly record.
February 3, 2012Business
Cummins’ Profit Rises for 4Q, Year
Business
Meritor’s Fiscal 1Q Loss Widens
Truck components maker Meritor Inc. said Thursday it lost $22 million, or 23 cents per share, in its fiscal first quarter, compared with a net loss of $2 million, or 3 cents, a year ago.
February 2, 2012Business, Government
ISM Manufacturing Index Hits 7-Month High
January U.S. manufacturing activity rose to the highest level since June, the Institute for Supply Management said Wednesday.
February 1, 2012Business
Daimler to Add 1,200 Jobs at N.C. Plants in Recovery
MIAMI BEACH, Fla. — With its Class 8 truck order book overflowing and all signs pointing to a continuing market recovery, Daimler Trucks North America said it will add a second shift to its primary U.S. production facility, creating 1,200 new jobs.
January 16, 2012Business
ISM Manufacturing Index Hits 6-Month High
December U.S. manufacturing activity rose to the highest level since June, the Institute for Supply Management said Tuesday.
January 3, 2012Business
Meritor Sells French Axle Operation to Renault Trucks
Truck components maker Meritor Inc. said Monday it sold the assets of its axle manufacturing operation in Saint Priest, France, to Renault Trucks SAS. Terms were not disclosed.
January 3, 2012Business
Navistar's 4Q Profit Jumps; OEM Reports Shortage of Castings
Profit surged at truck and engine maker Navistar International Corp. during the fiscal fourth quarter as its three main divisions — trucks, engines and parts — all posted stronger results.
January 2, 2012Business
Chicago Manufacturing Index Slips
An index of manufacturing activity in the Chicago area dipped in December but showed continued expansion, the Institute for Supply Management-Chicago said Thursday.
December 29, 2011Business
All Truck Makers Offer Own Engines; 13-Liter Models Grow in Market Share
This year was the first in which all truck manufacturers had their “vertical integration” model up and running, offering trucks with their own engines — the same way cars are sold.
December 19, 2011Business, Government
New York Manufacturing Index Jumps
Manufacturing activity in the New York region expanded in December to the highest level in seven months, the Federal Reserve Bank of New York said Thursday.
December 15, 2011