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Commercial vehicle supplier Meritor Inc. reported lower net income and revenue for its fiscal-year first quarter, citing rapid declines in global end markets and restructuring costs, among other factors — at the same time highlighting its growing business opportunities with electric vehicles.

Boeing, an icon of American manufacturing, suffered its first annual financial loss in more than two decades while the cost of fixing its marquee aircraft after two deadly crashes soared to more than $18 billion.

The U.S.-China trade war has put a lot of stress on trucking, but the signing Jan. 15 of the first phase of a more comprehensive agreement between the two countries has spurred cautious optimism for the industry.

Ford is recalling its popular F-150 pickup truck in Canada to fix a problem with electric tailgate latches, but identical trucks aren’t being recalled in the U.S.

GRAPEVINE, Texas — Fleets have found various ways to handle the need for parts: expanding inventory levels, not substituting cheaper but less reliable ones for critical parts, doing some warranty work themselves, keeping the average age of trucks low or turning to electric trucks.

GRAPEVINE, Texas — Tier 1 commercial vehicle suppliers Eaton and Meritor Inc. presented their latest approaches to serving customers in the aftermarket.

Used Class 8 sales in December were down 11.9% year-over-year compared with December 2018, according to ACT Research’s monthly report.

New business volume for financing or leasing heavy equipment was up 5% in 2019 from a year ago, according to the Equipment Leasing and Finance Association.

A federal judge in Chicago has granted final approval of a $135 million settlement between a court-certified class of an estimated 45,000 plaintiffs and Navistar Inc. in connection with the truck maker’s troubled model year 2011-2014 MaxxForce engines.