Truck dealership Rush Enterprises said its third-quarter earnings dipped to $13.1 million or 34 cents a share, from $16.4 million or 43 cents for the same quarter last year.
October 19, 2007Search
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Truck Sales Plunge 58.8% in September
Heavy-duty U.S. retail truck sales continued this year’s collapse in September, falling 58.8% as Class 8 volume totaled less than half year-earlier sales for the fifth month in a row, according to the latest survey from Ward’s Communications.
October 21, 2007Trucking Leaders Gather to Discuss Global Economy, Regulations
Against the backdrop of political and regulatory uncertainty, American Trucking Associations members will come together this week to talk primarily about the business of trucking, the state of the industry, the health of the economy and new opportunities for carriers here and abroad.
October 21, 2007Ryder Gets Boeing Transportation Contract
Ryder System said Friday that that aerospace firm Boeing Co. has chosen Ryder to provide global transportation management services.
October 19, 2007Caterpillar’s 3Q Profit Rises
Heavy equipment and diesel engine manufacturer Caterpillar Inc. said Friday its third-quarter profit jumped 21%, though it cut its full-year earnings outlook.
October 19, 2007Covenant Takes Third-Quarter Loss
Covenant Transportation Group reported it lost $3.6 million or 25 cents a share, compared with a net income of $795,000 or 6 cents a year earlier.
October 19, 2007Philadelphia Factory Index Dips
Manufacturing levels declined in the Philadelphia area this month, the Federal Reserve Bank of Philadelphia said Thursday.
October 18, 2007Daimler Unveils New Heavy-Duty Engine
REDFORD, Mich. — The Daimler Truck Group on Friday unveiled the first fruit of its five-year, $1.5 billion program to develop a single heavy-duty diesel engine to serve its markets around the world.
October 19, 2007Fed ‘Beige Book’ Notes Mixed Trucking Activity
A report from the Federal Reserve’s regional banks suggested that economic activity continued to expand, although trucking’s outlook varied by region.
October 18, 2007Jobless Claims Rise 28,000 for Week
Initial jobless claims rose by 28,000 last week to 337,000, the Labor Department said Thursday.
October 18, 2007