The semi-official blog of Autohauler Supply. Shameless plugs for our line of car hauler parts. Economic musings by Steve. Auto transport industry news, rumors and unsubstantiated gossip. We also share tips we have learned from successful car haulers on ways to build a successful car hauling business.
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Friday, October 21, 2005
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
Five New Cars Damaged In Carhauler-Overpass Crash - ClickonDetroit.com - MSNBC.com
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."