Ritchie Bros. Reports Lower 4Q, Higher Full-Year Income
Ritchie Bros. Auctioneers said its fourth-quarter profit slipped from a year ago to $22.1 million, or 21 cents per share, from $26.8 million, or 25 cents, a year ago.
February 27, 2013Daily Briefings from Transport Topics
Transport Topics has partnered with Spoken Layer to make one-minute daily briefings available on all your smart devices. Simply say “Alexa, play Transport Topics” or “Okay Google, talk to Transport Topics” to get the day’s biggest trucking headlines.
Cooper Tire Posts Lower 4Q Profit
Cooper Tire and Rubber Co. said it posted a lower fourth-quarter profit and a lower full-year income.
February 26, 2013Dealers, Fleets Increase Use of Scrap Analysis to Extend Life of Tires, Cut Costs for Carriers
Every month or so, Dustin Stricker, the maintenance manager at R.E. West Transportation in Ashland City, Tenn., sits down with representatives from South Carolina-based Michelin North America and the local Tire Centers in Nashville to do autopsies on truck tires.
February 25, 2013Dana’s Fourth-Quarter Profit Improves
Truck and auto component maker Dana Holding Corp. said Thursday its fourth-quarter profit rose from a year ago, though its revenue declined.
February 21, 2013Cummins Revises Down Its 4Q, Full-Year Earnings
Engine maker Cummins Inc. said Wednesday it has revised its previously announced fourth-quarter and full-year 2012 operating results down by $20 million, with net income reduced by $12 million, or 7 cents per share.
February 20, 2013Opinion: Always Track Fleet Maintenance Costs
There’s no real mystery as to why otherwise intelligent fleet operators so often negotiate full-service leases using only big, round numbers. Reason No. 1 is that they simply don’t know their actual, detailed maintenance costs.
February 18, 2013Goodyear Reports Lower 4Q Income
Goodyear Tire & Rubber Co. said its fourth-quarter income fell from a year earlier, citing a low-volume environment.
February 14, 2013American Axle’s 4Q Income Rises
American Axle & Manufacturing Holdings’ fourth-quarter net income rose to $319.9 million, or $4.21 per share — which included a $337.5 million tax benefit — from $31.1 million, or 41 cents, a year earlier.
February 14, 2013Cummins Adds Market Share as Navistar, Paccar Decline
Independent engine maker Cummins Inc. extended its lead as the primary supplier to the North American heavy-duty diesel truck market last year, growing its market share to 40.4%, from 39.1% in 2011, WardsAuto.com reported.
February 11, 2013Cummins’ 4Q Income Declines
Cummins Inc.’s fourth-quarter operating profit and sales fell on weaker North American trucking and construction markets, the engine maker said Wednesday.
February 6, 2013