Ritchie Bros. Auctioneers said its second-quarter profit slipped from a year ago to $30 million, or 28 cents per share, from $31.3 million, or 29 cents, a year ago.

Turbochargers are not typically a red-flag item on fleet maintenance agendas, but straying from routine service can set the stage for catastrophic failure, manufacturers and maintenance experts said.

Truck and auto component maker Dana Holding Corp. said it introduced a new driveshaft and inter-axle shaft, designed for greater torque and durability.

Ritchie Bros. Auctioneers said its fourth-quarter profit slipped from a year ago to $22.1 million, or 21 cents per share, from $26.8 million, or 25 cents, a year ago.

Given today’s growing equipment demand and ongoing economic uncertainty, many businesses are finding noncash equipment financing to be a key acquisition strategy.

Greenbrier Cos., which makes intermodal railcars and other freight equipment, said its fiscal fourth-quarter earnings fell more than 40% to $7.4 million as the market for some equipment eased.

Truck and automobile parts maker Visteon Corp. reported its third-quarter net income dropped and announced a $100 million restructuring, while Commercial Vehicle Group also provided a quarterly profit.

Equipment financing activity within the trucking industry rose to $4.17 billion in 2011, a 3.5% gain from $4.03 billion in 2010, the Equipment Leasing and Finance Association reported.

The Senate has rejected a bill that would have brought back the bonus depreciation tax deduction for capital spending, a proposal backed by American Trucking Associations.