IdleAire Technologies Corp., a designer of anti-idling systems for long-haul trucks at truck stops, has filed for Chapter 11 bankruptcy, but its facilities will remain open to truckers, the company said Friday.
May 19, 2008BusinessSafetyGovernmentTechnologyEquipment
U.S. Xpress Completes Pinner Purchase
Truckload carrier U.S. Xpress Enterprises said its Xpress Global Systems subsidiary finalized its purchase of Pinner Transportation. Terms were not released.
June 2, 2008BusinessTechnologyEquipmentSafety
Iteris Reports Higher Income for Quarter, Fiscal Year
Iteris Inc., which makes lane-departure warning systems for the trucking industry, reported its fiscal fourth-quarter profit improved from a year ago.
June 2, 2008BusinessEquipment
Tom Linebarger Named Cummins’ Next President
Diesel engine maker Cummins Inc. said it named Tom Linebarger to replace Joe Loughrey as the company’s president and chief operating officer, effective Aug. 1.
May 30, 2008FuelBusinessSafetyEquipmentGovernment
Ford, American Axle Plan Job Cuts
Ford Motor Co. plans to lay off up to 12% of its salaried employees by August as part of a restructuring in the face of slumping sales and high fuel prices, the Associated Press reported Wednesday.
May 28, 2008BusinessTechnologyEquipmentSafety
Williford to Lead Ryder’s Supply Chain Unit
Ryder System said Wednesday it appointed John Williford to serve in the newly created position of president of Ryder's global supply chain solutions unit.
May 28, 2008BusinessFuelGovernmentEquipment
As Tire Retreading Market Grows, So Do Counterfeits, Look-Alikes
As fuel prices have skyrocketed, trucking companies have been forced to look closer at other parts of their businesses to trim costs.
May 26, 2008BusinessSafetyEquipment
UAW Approves American Axle Contract
Auto parts supplier American Axle and Manufacturing Holdings said Friday it expects production to resume next week after union workers overwhelmingly approved a new contract that contains steep pay cuts and other concessions, the Associated Press reported.
May 23, 2008BusinessEquipment
Bridgestone Buys Stake in Japanese Tire Maker
Tire maker Bridgestone Corp. will take an 8.7% in Japan’s Toyo Tire, which will in turn purchase 0.5% of Bridgestone, the two said in a statement, Bloomberg reported.
May 21, 2008BusinessGovernmentEquipment
Continental Boosting Truck Tire Prices
Continental Tire North America said it will boost prices up to 8% on all Continental and General Tire Brand truck tires in North America, effective Aug. 1.
May 19, 2008