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CVG Fights Headwinds to Improve Net Income, Revenue

CVG, whose business segments include commercial vehicle seating and electrical systems, reported increased net income and revenue for the third quarter as it continued to diversify its customer base.

November 3, 2021

FMCSA: Sunset of 3G Networks Could Impact ELD Tech Specifications

Federal trucking regulators are warning truckers that mobile carriers are shutting down their 3G networks as early as next year to make room for more advanced network services, including 5G.

November 3, 2021

Spireon Introduces Next Generation of Asset-Tracking Devices

Spireon has introduced the next generation of its FL Flex tracking devices and IntelliScan cargo sensor under its FleetLocate product line.

November 3, 2021

Eaton Notches Records in Strong Q3 Period

Power management company Eaton Corp. grew net income and revenue in the third quarter as adjusted earnings per share reached an all-time record along with segment margins.

November 2, 2021

TravelCenters of America Posts Higher Net Income, Revenue in Q3

TravelCenters of America Inc. saw net income and revenue climb in the third quarter amid strength in nearly all business lines.

November 2, 2021

Rush Reports Rise in Q3 Income, Revenue

North American truck dealership Rush Enterprises Inc. reported a jump in third-quarter net income and slightly more revenue as demand for trucks, services and aftermarket rose.

November 2, 2021

Cummins Posts Q3 Income, Revenue Gains

Cummins Inc. reported strong medium- and heavy-duty engine sales amid global growth, despite moderating demand in China, led to increased net income and revenue in the fiscal third quarter.

November 2, 2021

Sinking Auto Steel Demand Reveals Cracks in Robust US Market

The record steel rally is starting to show early signs of cooling, with one top U.S. producer scouring for buyers to take over abandoned orders of high-end metal used by automakers.

November 2, 2021

Volvo’s Voorhoeve Sees Growing Market for Electric Trucks, Driver-Assist Tech

NASHVILLE, Tenn. — Volvo Trucks North America CEO Peter Voorhoeve sees expanding opportunities for electric-powered trucks and further growth for driver-assistance technologies in this time of transformation for the commercial vehicle market.

November 2, 2021