Truck components maker ArvinMeritor said Tuesday it lost $162 million, or $2.23 per share, in its fiscal third quarter, compared with a profit of $44 million, or 60 cents per share, a year ago.
August 4, 2009Search
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Eaton Gets $45 Million Grant to Provide Plug-in Hybrid Systems for Class 5 Trucks
Truck component maker Eaton Corp. said that it would provide the electric power systems for 378 Class 5 electric hybrid plug-in vehicles under a federal grant, which it called the “largest commercial hybrid deployment” ever.
August 24, 2009
Justin Olsen, maintenance director at TCW, breaks down the hidden impact of poor trailer management on operations, compliance and safety.
July Truck Sales Fall 32.9%
U.S. Class 8 retail sales fell for the seventh consecutive month — this time by 32.9%, WardsAuto.com reported, and a market forecaster predicted that no substantial change is likely until the second half of next year.
August 24, 2009Rural Highway System Is Vital to Commerce, S.D. Trucking Executive Tells Senate Panel
Future U.S. economic vitality depends on an adequately funded rural road system that can accommodate heavier trucks, a South Dakota trucking company president told a Senate committee last week.
August 17, 2009Accuride Reports 2Q Loss on Soft Demand
Commercial vehicle component maker Accuride Corp. said it lost $36.1 million, or $1 per share, in the second quarter, compared with a profit of $3.4 million, or 10 cents, a year ago.
August 13, 2009ArvinMeritor Posts $162 Million Quarterly Loss
Manufacturer ArvinMeritor Inc. said it lost $162 million in the April-to-June quarter, while also announcing last week it has found a buyer for its light-vehicle wheels business and has stepped up its marketing effort for truck disc and drum brakes ahead of the government’s new truck stopping-distance rule.
August 10, 2009DOT Targets Distractions
WASHINGTON — Transportation Secretary Ray LaHood an-nounced last week he will take steps to try to further curb distracting driving activities such as text messaging or using a cell phone or a Global Positioning System device.
August 10, 2009Stopping Short
There were no surprises in the new federal rule designed to improve the braking power of a standard, fully loaded, tractor-trailer by almost one-third.
August 3, 2009Rule Won’t Require Overhaul of Braking Systems, Experts Say
The National Highway Traffic Safety Administration’s decision to cut the maximum allowed stopping distance for large trucks by 30% will increase truck buyers’ costs somewhat, but will not force a widespread shift to new technology such as air disc brakes, industry groups and manufacturers said.
August 3, 2009Goodyear Takes 2Q Loss
Goodyear Tire & Rubber Co. said Thursday it lost $221 million in the second quarter as sales fell 25%.
July 30, 2009