February 4, 2016
Profit for engine maker Cummins fell sharply in the final quarter of last year due to lower global demand, leading it to scale down plans for its new light-duty engines in North America, while Daimler AG saw record profits for 2015,
December 17, 2015
It's looking like a good Christmas for Navistar and FedEx. The truck and engine maker managed to cut back on its losses in its most recent fiscal quarter and likely no longer will have an SEC investigation hanging over its head. Meanwhile, FedEx saw better earnings due to record holiday business.
November 11, 2015
One truck component supplier moved from a profit to a loss in the third quarter of the year while a natural gas engine provider took on more red ink.
October 27, 2015
A major OEM announced it is cutting its workforce even though it’s still well in the black as it released third quarter earnings this week while a truck and engine maker reported continued higher numbers.
October 23, 2015
One truck maker has reported its third quarter profit doubled and is considering the sale of its used truck business while one of the nation’s largest trucking fleets has reported new records for the period in several areas.
October 22, 2015
Daimler AG, Dana and Rush Enterprises all saw weaker third-quarter financials compared to a year ago, thanks in part to the recession in Brazil and the downturn in the North American oil and gas industry.
September 2, 2015
Navistar International Corp. on Wednesday reported its financial losses widened during its fiscal third to $28 million, or a loss of 34 cents per diluted share.
July 29, 2015
Wabash's second quarter earnings showed a big leap in profitability from a year ago. Meritor results were hampered by a strong dollar and weak overseas markets but were up on an adjusted basis.
July 28, 2015
Truck engine manufacturer Cummins increased both second quarter revenue and net income, while truck and engine maker Paccar reported record quarterly net income.
July 27, 2015
Truck component manufacturer Accuride achieved record profitability in the second quarter of the year and a big improvement from the first quarter.
July 23, 2015
Earnings season continued on Thursday, with results reported by the world’s largest truck manufacturer along with results from one component supplier and a major owner-operator trucking company.
July 21, 2015
Two freight transportation providers, Forward Air and Hub Group, along with dealer group Rush Enterprises, saw second quarter earnings drop.
July 19, 2015
The parent to Volvo Trucks North America, Sweden’s Volvo Group, saw its second quarter net income double from a year ago, due in part to increased North American sales.
July 14, 2015
Marten Transport Ltd. on Tuesday reported a 5.4% increase in net income to $8.4 million, or 25 cents per diluted share, for the second quarter of the year.
July 8, 2015
The second quarter corporate earnings season kicked off Wednesday afternoon, with numbers from the truck wheel and lightweight metals producer Alcoa Inc. (AA) showing mixed results.
June 4, 2015
Navistar International has reported a second-quarter 2015 net loss of $64 million, which compares favorably to the net loss of $297 million that it incurred for the same period a year ago, and showed a 38% increase in sales of Class 6-8 trucks and buses.
May 12, 2015
Natural gas engine provider Westport Innovations Inc. said last week it thinned financial losses in the second quarter of the year despite a 30% drop in revenue.
May 7, 2015
The trucking company Quality Distribution Inc. has reached an agreement to be acquired by the private investment fund Apax Partners.
May 6, 2015
According to the Florida-based company this was the result of an “intangible asset impairment charge” of just over $2 million, with an with an after tax impact to net income of $1.265 million, relating to its November 2013 purchase of Pipeline Transportation.
May 5, 2015
USA Truck turned its finances around in the first three months of the year, reporting a profitable first quarter for the first time since 2007.
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