Commercial vehicle supplier CVG reported higher second-quarter net income and record quarterly revenue as it continued to diversify its customer base and emphasize secular growth.
August 5, 2021Business, Technology, Equipment
CVG Reaches Record Quarterly Revenue in Q2
Business, Technology, Equipment
Continental Sees Chips, Inflation Dragging on Auto Industry
Continental AG, Europe’s second-biggest supplier of car parts, warned the global bottleneck in chip supply and raw material cost inflation will drag on the auto industry through the rest of the year.
August 5, 2021Business, Technology, Equipment
Meritor Rides Truck Market to Higher Fiscal Q3 Results
Meritor Inc. reported increases in net income and revenue for its fiscal third quarter amid gains in the North American truck market.
August 4, 2021Business, Technology, Equipment, Safety
Omnitracs Adds PrePass to Platform
Omnitracs has entered into a partnership with PrePass Safety Alliance to provide PrePass, the weigh station bypass application, on its Omnitracs One platform.
August 4, 2021Business, Technology, Equipment
Watch the Replay: RETOOL, a Technology and Maintenance Event
Transport Topics hosted a special two-day virtual event, RETOOL, taking deep dives into the most important topics and trends within the trucking industry’s equipment and technology spheres. Watch the replay.
August 4, 2021Business, Equipment
Despite Chip Shortage, GM Posts $2.8 Billion Profit
DETROIT — Despite a computer chip shortage that temporarily closed some of its factories, General Motors made a healthy $2.8 billion net profit in the second quarter.
August 4, 2021Business, Technology, Equipment
Nikola's Financial Loss Widens in Second Quarter
Nikola Corp. posted a widening second-quarter financial loss as the electric vehicle startup said it is moving forward despite financial setbacks and the federal indictment of its former leader.
August 3, 2021Business, Equipment
Cummins Posts Strong Q2 Results
Cummins Inc. reported second-quarter net income and revenue soared, powered by North American engine sales. At the same time, the company announced it was exploring what it called “strategic alternatives” for its filtration business unit.
August 3, 2021Business, Equipment, Top 100
Daseke Reports Higher Profit, Revenue for Q2
Daseke Inc. saw earnings and revenue increase during the second quarter, the company reported Aug. 3.
August 3, 2021Business, Technology, Equipment
Isaac Instruments Selects Mike Stapleton for VP Position
Isaac Instruments announced July 26 that Mike Stapleton has been appointed to serve as vice president of industry relations.
August 3, 2021