Transport Topics
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Volvo AB said the krona's decline on currency markets helped boost third-quarter operating profit even as truck orders, a predictor for future sales, dropped 15%.
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Agility Fuel Systems, a supplier of natural-gas fueling systems for heavy-duty trucks, has opened a new manufacturing plant in Salisbury, North Carolina.
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Daimler AG reported third-quarter earnings before interest and taxes at its global truck division were the highest ever, climbing 34% to about $897 million compared with about $667 million in the year-earlier quarter.
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For Caterpillar Inc., the commodities rout has yet to hit bottom.
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