Cummins Inc. posted positive returns for all five of its business segments in Q3, but cost increases from the supply chain crisis led to downward revisions for full-year sales and profits.
The Columbus, Indiana-based engine maker said Tuesday that Q3 revenues of $6 billion increased 17% year-over-year. Sales in North America increased 13%. International revenues increased 22% due to strong global demand everywhere but China, where moderation was expected after huge gains a year ago as China...
https://www.freightwaves.com/news/cummins-manages-higher-segment-sales-despite-q3-supply-chain-pain