Diesel engine maker Cummins Inc. said Thursday its third-quarter profit rose to $184 million or $1.84 a share, from $171 million or $1.69 a year ago.
October 25, 2007Fleet Equipment News
Commercial freight transportation is a machine-based business. Highly technical equipment and advanced engineering are at the center of supply chain and require constant innovation. Transport Topics equipment coverage focuses on the machines and other physical assets that make delivery possible. It looks closely at available truck, trailer, and chassis models, developments in the engineering space, and maintenance innovations and best practices.
Fenway Partners Acquires Consolidated Fastfrate
Private Equity firm Fenway Partners, New York, N.Y., said Monday it acquired Canadian transportation firm Consolidated Fastfrate.
November 19, 2007Class 8 Truck Sales Drop 53.1% In Oct. on Weak Freight Market
Heavy-duty retail truck sales in the United States fell 53.1% in October, the sixth straight month in which sales fell 50% or more below 2006 levels, according to WardsAuto.com.
November 19, 2007UPS Executive Urges Shippers To Back Taxes for Infrastructure
ATLANTA UPS Inc.s incoming chief financial officer told shippers here what freight carriers have long heard: The U.S. transportation network is so clogged and getting worse that Congress must create an infrastructure improvement plan and pay for it with dedicated taxes on the systems users.
November 19, 2007Qualcomm System to Track Trucks in Cross-Border Program
The Federal Motor Carrier Safety Administration said Monday that that starting later this month, trucks crossing the U.S.-Mexico border as part of a new demonstration program will use satellite-based technology developed by Qualcomm Inc. to track trucks.
November 5, 2007Carriers Interest in APUs Is Growing
ORLANDO, Fla. With idling restrictions increasing in states and localities around the country, carriers are increasingly interested in buying systems that will allow drivers to keep their truck cabs cool or heated and to operate electrical hotel appliances such as televisions or computers.
November 5, 2007Fleets to Face Engine Dilemma as Some Makers Avoid SCR
The decision by two major engine manufacturers, Cummins Inc. and Navistar International, to build 2010 heavy-duty diesel engines without selective catalytic reduction technology has upset truck sales forecasts for the 2009 and 2010 truck markets.
November 5, 2007Michelins Revenue Growth Slows
Revenue growth at tire maker Michelin slowed to 2.5% after the company had a 4.7% sales increase in the first half of the year, Bloomberg reported.
October 31, 2007Ryders Third-Quarter Earnings Improve
Trucking and logistics firm Ryder System said Wednesday its third-quarter profit rose, as its supply chain unit showed improvement.
October 24, 2007Ryders Third-Quarter Earnings Improve
Trucking and logistics firm Ryder System said Wednesday its third-quarter profit rose, as its supply chain unit showed improvement.
October 24, 2007Trending
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