Celadon Group Inc. offered new information into its financial situation while confirming it is under a Securities and Exchange Commission investigation into the value of used trucks donated to a joint venture company.
October 3, 2017Search
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Wabco Finalizes Purchase of Meritor’s Share in Joint Venture
Wabco Holdings Inc. has completed its $250 million purchase of Meritor Inc.’s stake in their joint venture, formalizing the end of the 27-year arrangement.
October 3, 2017Guardrail Maker Wins Reversal of $663 Million Judgment
Guardrail maker Trinity Industries Inc. won’t have to pay a $663 million judgment that was awarded in a whistle-blower lawsuit alleging the company defrauded the U.S. government with a faulty highway guardrail safety system.
October 3, 2017Capitol Agenda for the Week of Oct. 2: Seriously, ELD Mandate Is Happening
Failed attempts in court and on Capitol Hill to delay the upcoming electronic logging device mandate have done little to discourage critics of the rule who continue to push for a delay. Here's the week ahead for trucking on Capitol Hill.
October 2, 2017Rodriguez Distribution Joins Power Heavy Duty Parts Network
Rodriquez Distribution Inc. has joined Power Heavy Duty as a member of the Crystal Lake, Ill.-based association of independent aftermarket parts distributors and truck service specialists.
October 2, 2017Daimler, Volvo Execs Praise Inaugural NACV Show
ATLANTA — North American executives from Daimler Trucks and Volvo Group offered an early post-event endorsement of the North American Commercial Vehicle Show just ended.
October 2, 2017Haldex Names Ã…ke Bengtsson CEO
Haldex appointed Ã…ke Bengtsson president and chief executive officer.
September 29, 2017Graco Unveils Electric Grease Jockey Pump
ATLANTA — To provide an alternative to manual lubrication, Graco Inc. unveiled its new electric grease jockey pump at the inaugural North American Commercial Vehicle Show.
September 28, 2017Delphi Spins Off, Renames Self-Driving Car Efforts as Aptiv
Delphi’s self-driving car efforts in Pittsburgh and elsewhere will go by a new name, the company announced Sept. 27.
September 28, 2017Ford and Lyft Team Up to Put Driverless Cars on the Road
Ford will begin testing self-driving cars on ride-hailing company Lyft’s network with human drivers at the wheel for backup, the companies said Sept. 26.
September 28, 2017