Equipment

Earnings

1  -  25  of  28

January 30, 2015 - Industry News

Paccar Profit Passes $1.3 Billion Mark

Photo: Paccar

The truck and engine manufacturer Paccar Inc. on Friday reported record annual revenues of $18.99 billion and net income of $1.36 billion for 2014.

Tags: Kenworth, Paccar, Peterbilt, Earnings

January 28, 2015 - Industry News

Meritor Profit Surges Despite Weaker Sales

Truck component manufacturer Meritor Inc. on Wednesday reported quarterly financial results showing a big increase in profit despite a small drop in sales.

Tags: Meritor, Earnings

January 14, 2015 - Industry News

Wabash National Raises Expectations

Photo: Wabash National

The trailer manufacturer Wabash National Corp. on Wednesday updated and raised guidance it previously provided ahead of releasing its fourth quarter and 2014 earnings.

Tags: Earnings, Wabash National

January 13, 2015 - Industry News

Dana CEO Retiring Next Year, Preliminary Earnings Released

The parent to truck component manufacturer Dana Spicer, Dana Holding Corp., on Tuesday announced President and CEO Roger J. Wood has told the company's board of directors he plans to retire in April 2016, after five years of leadership at the company.

Tags: Dana Holding Corp., Earnings, Dana Spicer

December 16, 2014 - Industry News

Navistar Cuts Quarterly Loss by More Than Half

Navistar International Corp. on Tuesday announced it had cut its fiscal fourth quarter loss by more than half from the same time a year ago, while also reducing its loss for the entire fiscal year.

Tags: Navistar, Earnings

November 3, 2014 - Industry News

Accuride Reports Positive Earnings for Second Consecutive Quarter

Accuride introduced a new lightweight line of aluminum wheels this year.

The strong commercial truck market has helped Accuride Corp. to a second profitable quarter in a row, with a number of analysts upgrading their advice on the company's stock.

Tags: Wheels, Accuride, Earnings

October 23, 2014 - Industry News

Daimler Profit Up, North American Truck Sales Jump 25%

Daimler AG's headquarters in Germany. Photo: Daimler AG

Daimler AG, the German parent of Daimler Trucks North America, has reported higher third quarter profit and revenue, with record Mercedes-Benz auto sales and a booming North American truck market being partially offset by lower sales in other parts of the world.

Tags: Daimler Trucks, Daimler AG, Earnings, Global

July 31, 2014 - Industry News

Accuride Reports Strong Second Quarter Results

Accuride Corp. says its Fix and Grow strategy is working, reporting operating income for the second quarter doubled year over year. The first half of 2014 is the first time it's reported positive net income since 2007.

Tags: Wheels, Accuride, Earnings, Brake Drums

July 31, 2014 - Industry News

Meritor Reports Profits for Third Quarter

Sales were down slightly for Meritor in its third fiscal quarter, but partly thanks to a settlement of an antitrust suit with Eaton, it saw net income of $234 million, compared to a net loss of $38 million in the same period last year.

Tags: Meritor, Aftermarket, Earnings

July 29, 2014 - Industry News

Paccar Income Gains 9%, New Parts Distribution Center Planned

Peterbilt and Kenworth parent, Paccar, reported increased revenues and net income for the second quarter of 2014.

Tags: Kenworth, Paccar, Peterbilt, Earnings, Paccar Financial, Paccar Parts

July 24, 2014 - Industry News

Dana Reports Lower Second-Quarter 2014 Results

Dana's booth at the Technology & Maintenance Council meeting earlier this year.

Dana Holding Corp. saw sales and net income fall in the second quarter compared to a year ago, as stronger production levels in the North American light- and commercial-vehicle markets were tempered by slowing demand in South America and India.

Tags: Dana Holding Corp., Earnings

July 23, 2014 - Industry News

Heavy Truck Sales Increase of 74% Leads to Record Rush Profit

Photo: Rush Truck Centers Facebook page

Net income hit $19.8 million, or 49 cents per diluted share, compared to $5.6 million, or 14 cents per diluted share from the same time a year ago.

Tags: Truck Sales, Rush Enterprises, Earnings

July 23, 2014 - Industry News

Daimler Trucks Posts Second Quarter Improvements

Daimler Trucks' Future Truck, unveiled earler this month. Photo: Evan Lockridge

German truck and automaker Daimler AG reported Wednesday that it’s third quarter underlying profit, along with earnings, both increased in the second quarter of the year.

Tags: Daimler Trucks, Daimler AG, Earnings, Daimler Trucks North America

July 21, 2014 - Industry News

Volvo Ordered to Pay EPA Penalties Over Non-Trucking Engines

Volvo Group, the parent of Volvo Trucks North America, has been ordered to pay penalties and interest of approximately $74.1 million to the U.S. Environmental Protection Agency regarding emission compliance of the company’s marine diesel engines.

Tags: Volvo, Volvo Trucks, U.S. EPA, Earnings, Litigation, Emissions

June 9, 2014 - Industry News

Navistar Losses Lower Than Year Ago, Increase from First Quarter

Truck and engine maker Navistar International has reported a fiscal second quarter net loss of $297 million, or $3.65 per diluted share, compared to a fiscal second quarter 2013 net loss of $374 million, or $4.65 per diluted share.

Tags: Navistar, Earnings

May 1, 2014 - Industry News

Arkansas Best Renamed, Tightens First Quarter Losses

The trucking operation, Arkansas Best, just renamed ArcBest, has reported a first quarter net loss of $2.9 million, or 11 cents per share, compared to a first quarter 2013 net loss of $13.4 million, or 52 cents per share.

Tags: Fleets, Earnings, Arkansas Best, Panther, ABF, ArcBest Corp.

May 1, 2014 - Industry News

Meritor Turns Around to a Profit, Raises Expectations

Finances for the truck component maker Meritor have turned around compared to a year ago, with it reporting a small profit.

Tags: Meritor, Earnings

April 30, 2014 - Industry News

Daimler Trucks Profit Doubles, Volvo Swings Back to Profitability

Profit for truck, engine and carmaker Daimler AG soared in the first quarter of the year, while competitor Volvo has reported a profit following a loss a year ago

Tags: Volvo, OEM, Volvo Trucks, Detroit Diesel, Freightliner, Western Star, Mack Trucks, Daimler Trucks, Daimler AG, Earnings, Daimler Trucks North America

April 29, 2014 - Industry News

Paccar Profit Increases 16%

The parent to truck makers Peterbilt and Kenworth, Paccar, has increased first quarter revenue along with net income and is predicting higher sales for the industry overall this year.

Tags: Kenworth, Paccar, Peterbilt, Earnings, OEM

April 22, 2014 - Industry News

Truck Dealership Rush Profit Drops Despite Higher Sales

The largest network of commercial truck dealers in North America saw a drop in its first quarter profit despite a 26.7% gain in its revenue.

Tags: Truck Sales, Rush Enterprises, Dealers, Earnings

March 5, 2014 - Industry News

Navistar Quarterly Loss Grows to $248 Million

Truck and engine maker Navistar International reported a wider first quarter loss than expected on Wednesday amid slower sales.

Tags: Navistar, OEM, Earnings

February 20, 2014 - Industry News

Dana Profit Dips Still Strong

The parent of truck and auto component maker Dana saw a slight decline in both sales and profits last year, but still reported healthy numbers, according to just release figures.

Tags: OEM, Dana Holding Corp., Earnings, Dana

January 31, 2014 - Industry News

Paccar Reports Record Revenue for Last Year

Paccar has installed more than 51,000 of its MX-13 engines in Kenworth and Peterbilt trucks in North America since the start of production in 2010.

Paccar, the parent to truck makers Peterbilt and Kenworth, reported record revenue of $17.12 billion in 2013 compared to revenue of $17.05 billion the year before.

Tags: Kenworth, Paccar, OEM, Peterbilt, Earnings, Engines, Truck Sales

December 20, 2013 - Industry News

Navistar's Turnaround Progress Overshadowed by Warranty Problems

The International Lonestar was the final Class 8 model to get the Cummins ISX engine with SCR.

While Navistar has made substantial progress in its Drive to Deliver turnaround program, it still reported worse financial results for its fourth fiscal quarter than it had aimed for. Executives said the main culprits were industry truck sales levels that didn't pick up as soon as expected, and the continuing high warranty costs for its legacy all-EGR EPA-2010 engines.

Tags: EPA 2010, Navistar, SCR, International Trucks, Earnings, Engines, Emissions

October 30, 2013 - Industry News

Paccar, Volvo and Daimler Report Strong Earnings

Freightliner's Cascadia Evolution on display during this year's Mid-America Trucking Show. Photo: Evan Lockridge

Most of the nation’s heavy truck makers reported third quarter earnings this week, showing health profits, despite some showing a slip in sales compared to the same time a year ago.

Tags: Paccar, Navistar, Volvo Trucks, Daimler AG, Earnings, Daimler Trucks, Daimler Trucks North America, Kenworth, Mack Trucks, Peterbilt

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