Transport Topics Online
The Newspaper of Trucking and Freight Transportation
Welcome  Guest  Log In         
11/1/2012 10:45:00 AM Write a Letter to the Editor Write a letter to the Editor

Wabash National’s 3Q Profit Jumps


TT File Photo

Trailer manufacturer Wabash National Corp. said its third-quarter income rose from a year ago as sales reached a record for the quarter.

Wabash earned $18.4 million, or 27 cents a share, up from $1.1 million, or 2 cents, in the same period last year. Sales rose to $406 million from $336 million.

Operating income rose to $27.2 million from $2.3 million last year, Wabash said

Wabash’s acquisition of bulk-trailer maker Walker Group Holdings in May boosted its sales, with Walker’s sales accounting for about $96 million in the period.

Wabash shipped about 12,200 new trailers in the quarter, in line with its guidance, CEO Dick Giromini said in a statement.

“While we anticipate an increase in customer deliveries during the fourth quarter, we have revised our 2012 full-year new trailer shipments estimate to be 46,000 to 48,000 units,” he said.

By Transport Topics

Follow Transport Topics on Subscribe to get up to the minute news briefs and more from our feeds. RSS Twitter Twitter Facebook Facebook

© 2012, Transport Topics Publishing Group. All rights reserved.


  RELATED ARTICLES

 
LATEST NEWS



 
LATEST JOBS
Follow Us

Newsletters

TTExpress
This free daily newsletter delivers the latest headlines.

TT Executive Suite
This subscriber-only newsletter program tailors your news.

Services

Advertising




© American Trucking Associations, Inc., All Rights Reserved TTNews.com Privacy Statement