Record Revenues for Cummins
Cummins Inc. today reported record revenues and higher earnings for the third quarter, led by quarterly-best sales in three of its four business segments. ...
Grote Electronics Expands
Grote Electronics, a division of Grote Industries, officially dedicated its new 40,000-square-foot manufacturing facility in Waterloo, Ontario, Canada, marking the third time the electronics assembly plant has grown since it opened in 1991. ...
Volvo’s Net Sales Up 13%
Volvo Group’s net sales increased by 13% during the third quarter of 2007. Adjusted for changes in currency exchange rates and acquired and divested units, sales declined by 1%....
Trailer Orders Decline, As Expected
According to figures released by A.C.T. yesterday, total trailer orders were 10,238 in September, down 11% year-over-year -- roughly inline with the expectations of Bear Stearns....
Freightliner Chief Sees Continued Truck Slump
From Fleet Owner
Chris Patterson, president and CEO of Freightliner LLC, believes new truck sales will remain depressed as higher sticker prices to cover mandated emission reduction technology combined with a stagnant U.S. economy as keeping buyers away....
HOS Leads List of Trucking Concerns
The American Transportation Research Institute (ATRI), the trucking industry's not-for-profit research institute, today unveiled its list of the top ten critical issues facing U.S. truckers...
CFI Receives EPA’s SmartWay Award
Contract Freighters, Inc. (CFI), a Con-way company and an international truckload carrier based in Joplin, Mo., today announced that it has won its second consecutive ...
Waltrip to Present Keynote Address at NTEA Convention
Three-time NASCAR Winston Cup champion Darrell Waltrip will deliver a motivational keynote address at The Work Truck Show 2008 and 44th Annual National Truck Equipment Association (NTEA) Convention....
Marine Corps Orders MaxxPro MRAP Vehicles from International
The U.S. Marine Corps today ordered 1,000 additional International MaxxPro military vehicles valued at approximately $509 million from Navistar International Corporation....
Werner’s Revenues, Earnings Fall in 3Q
From Fleet Owner
TL carrier Werner Enterprises said its earnings declined 5% to 30 cents per share as revenues decreased 6% to $510.3 million in the third quarter this year compared to the same period in 2006. ...
Lufkin’s Net Earnings Up Despite Trailer Drop
Despite a reduction in trailer sales resulting from its exit from the van trailer business late last year, Lufkin Industries Inc. today announced that third-quarter net earnings were $19.1 million...
Caterpillar, Cummins Rank Highest in HD Truck Engine Customer Satisfaction
In their respective segments, Caterpillar and Cummins rank highest in satisfying customers with heavy-duty truck engines and transmissions, according to the J.D. Power and Associates 2007 Heavy-Duty Truck Engine/Transmission Study released today. ...
Oshkosh to Provide 35 Heavy Equipment Transport Vehicles to Egypt
Oshkosh Truck Corporation announced today it has been awarded a contract to provide 35 specially designed Heavy Equipment Transport (HET) military vehicles to meet logistics and transport requirements set by the Egyptian Ministry of Defense...
Spartan Chassis Adds Manufacturing Capacity with Two Additional Plants
Spartan Chassis, Inc., a subsidiary of Spartan Motors, Inc., announced the purchase of two additional manufacturing facilities near its headquarters in Charlotte, Mich. ...
Construction Equipment Manufacturers Forecast Modest Growth in 2008
The construction equipment manufacturing industry expects overall U.S. and Canadian business to remain flat through the end of 2007 but rebound in 2008, ...
Eaton Reaches Record Income
Diversified industrial manufacturer Eaton Corporation today announced record net income per share of $1.71 for the third quarter of 2007, an increase of 6 percent over net income per share of $1.62 in the third quarter of 2006...
Medium and heavy truck sales down in September
Medium and heavy trucks sold at an even slower pace in September, according to figures compiled by Wards Communications. Dealers sold 40,214 trucks with GVW ratings above 10,000 pounds ...
Ryder acquires Pollack NationaLease
From Fleet Owner
Ryder System has completed its acquisition of Pollack NationaLease, a privately owned commercial truck and rental company located in Canada, as well as Pollack’s transportation-based logistics operations...
Utility trailer is hybrid-reefer prepped
From Fleet Owner
Utility Trailer Manufacturing Co is rolling out a new prep package for trailers that will be equipped with hybrid refrigeration units. The package is based off the company’s 3000R refrigerated trailer ...
ArvinMeritor Joins Forces With Helm Inc
Helm Incorporated, a specialty fulfillment company, was selected by ArvinMeritor to be its fulfillment partner. Helm will be responsible for warehousing sales and marketing materials and fulfilling orders ...
NTEA Approves 16 More Companies for Member Verification Program
The National Truck Equipment Association (NTEA) added 16 members to its growing list of companies that have achieved Member Verification Program (MVP) status. As of Oct. 1, 2007, there are a total of 334 MVP Manufacturer and Distributor companies. ...
September Truck Orders Down 29%
Preliminary Class 8 new net orders were 11,600 in September, down 29% year-over-year (vs. down 26% year-over-year in August), according to A.C.T....
UPS Expands ‘Green Fleet’ With 306 Alternative Fuel Vehicles
UPS today announced it was adding 306 alternative fuel vehicles to its “green fleet” by placing an order for 167 Compressed Natural Gas (CNG) delivery trucks while taking delivery of 139 new propane delivery trucks in North America...
Supreme Awarded U.S. State Department Contract for Armored Vehicles
Supreme Industries, Inc., a leading manufacturer of specialized commercial vehicles, including truck bodies, shuttle buses, armored vehicles, and luxury motorcoaches, today announced that its wholly owned subsidiary, Supreme Corporation of Texas, has been awarded a contract ...
Freightliner LLC Announces Company Name Change
Freightliner LLC announced the upcoming change of its corporate name to Daimler Trucks North America LLC. Effective January 7, 2008,...
