Transport Topics
Cummins Reports Higher 2Q Profit as Heavy-Duty Engine Sales Rise
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Cummins Inc. said its second-quarter profit increased 6% and reported sales growth for its heavy-duty truck engines.
UPS' Second-Quarter Net Income Rises to $1.23 Billion
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UPS Inc. posted second-quarter net income of $1.23 billion, or $1.35 per share, helped by stronger results in the international sector.
Accuride Net Income Rises 19%, Helped by Stronger Demand
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Trucking supplier Accuride Corp. reported 19% higher net income from continuing operations of $6.1 million, or 13 cents per share for the second quarter, helped by stronger industry demand in its wheels segment.
Durable Goods Increase 3.4% in June
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Orders for business equipment rose in June for just the second time this year as U.S. factories start to regain their footing after a weak spell.
Menlo Brokerage Expands Into Eastern Europe
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Menlo Freight Brokerage, part of Con-way Inc., announced the expansion of services in Eastern Europe through the opening of an office in Prague.
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