DETROIT — U.S. sales are down and a once-reliably profitable joint venture in China is losing money, but General Motors still managed to post a third quarter profit of $3 billion.
October 22, 2024Business, Equipment
General Motors Posts Q3 Profit of $3 Billion
Business, Safety, Logistics
Norfolk Southern Tops Third-Quarter Expectations
Norfolk Southern’s streamlined operations delivered strong earnings, even excluding boosts from insurance payouts related to the derailment in East Palestine and the sale of two rail lines.
October 22, 2024Business, Equipment
Volvo Q3 Profit Falls 28.5% on Market Downturn, Mack Issues
Volvo Group profit fell 28.5% in the third quarter of 2024 as a downturn in demand for trucks in both Europe and North America crimped revenue and margin.
October 18, 2024Business, Logistics, For-Hire
J.B. Hunt Q3 Profit Beats Expectations, Boosts Share Price
Profit at J.B. Hunt Transport Services fell in the third quarter of 2024 but outperformed analyst expectations as intermodal volume rose year over year.
October 16, 2024Business, Equipment
In a Surprise, Deere Keeps Outlook Despite Weak Market
Deere & Co. unexpectedly maintained its annual profit outlook as the world’s top tractor maker sought to cut costs in a slumping farm economy.
August 15, 2024