Monday, April 23, 2018
Business
Knight Transportation 2Q earnings jump 26 percent

Knight Transportation 2Q earnings jump 26 percent

NEW YORK — Truckload carrier Knight Transportation said Wednesday its second-quarter earnings rose 26 percent as demand for trucks to move goods in many markets outpaced the number of trucks available.

Arkansas Best 2Q loss shrinks on better demand

Arkansas Best 2Q loss shrinks on better demand

NEW YORK — Arkansas Best cut its second-quarter losses in half, the less-than-truckload company reported Wednesday, with shipments picking up as the economy rebounds.

Eaton 2Q earnings surge on higher sales

Eaton 2Q earnings surge on higher sales

CLEVELAND — Diversified manufacturer Eaton Corp. reported a surge in second-quarter profits Wednesday as global sales increased 16 percent over the same period last year when the entire industry was hammered by the recession.

ArvinMeritor broadens investment in Michigan technical center

ArvinMeritor broadens investment in Michigan technical center

TROY, Mich. — ArvinMeritor Inc. says it plans to invest $23 million over the next five years to expand its advanced technologies capabilities at its technical center in Troy, Mich. This project is expected to create 125 jobs at the company by 2014.

TA, Petro locations renovate driver showers

TA, Petro locations renovate driver showers

WESTLAKE, Ohio — TravelCenters of America LLC has recently renovated driver showers across its TA and Petro Stopping Center locations with new amenities for the best possible driver shower experience.

Heavy-duty truck orders continue to rise

Heavy-duty truck orders continue to rise

COLUMBUS, Ind. — Net orders for heavy-duty Class 8 commercial vehicles reached the highest level of the year in June, posting an increase of 93 percent compared to June of 2009, according to the market analysts at ACT Research Co. (ACT).

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