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Thursday, October 20, 2005

Peterbilt Sales

Rush Enterprises, the nation’s largest dealer of Peterbilt trucks, reported third-quarter net income of $13.2 million or 53 cents a share, up from $5.5 million or 35 cents per share for the same quarter last year.

Revenue rose 63.5% to $485.4 million, Rush said in a statement.

The company’s truck segment recorded revenue of $467.8 million for the quarter, up from $282.2 million a year earlier.

Rush said it delivered 2,709 new heavy-duty trucks in the quarter, up from 1,546 a year earlier.

It delivered 610 new medium-duty trucks, up from 458 a year earlier, and 890 used trucks, compared with 673 last year.

Rush's truck parts, service and body shop sales rose 26.6% to $88.6 million.

“Our outlook remains positive as industry experts forecast Class 8 truck sales to remain strong throughout 2006,” said Marvin Rush, the company's chairman and chief executive officer.

By Transport Topics

Union to fight Allied Holdings on bonus, severance pay - 2005-10-10

Union to fight Allied Holdings on bonus, severance pay - 2005-10-10

Five New Cars Damaged In Carhauler-Overpass Crash - ClickonDetroit.com - MSNBC.com

Five New Cars Damaged In Carhauler-Overpass Crash - ClickonDetroit.com - MSNBC.com: "A carhauler crashed into an overpass on
Interstate 75 in southwest Detroit on Monday, leaving five new vehicles
damaged, according to Local 4 reports. The driver of the
tractor-trailer struck the overpass at southbound Interstate 75 near
Livernois at about noon, according to Michigan State Police."