Goodyear Tire & Rubber Co. Thursday reported a fourth-quarter loss but projected 3% to 5% growth in tire sales this year and said it would close a Tennessee plant to cut costs.
February 10, 2011Search
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Truckload Carriers Association Opposes EOBR Proposal
The 700-member Truckload Carriers Association plans to oppose a proposed federal mandate requiring the use of electronic onboard recorders because there is no evidence that the technology will improve highway safety, the association’s president said.
February 14, 2011Class 8 Truck Orders Soar 320%
January orders for new Class 8 trucks skyrocketed 320% to 27,000 from the year-ago level, a clear sign that the industry will enjoy a stronger 2011, two research organizations said last week.
February 14, 2011Cummins Approves $1 Billion Stock Buyback
Cummins Inc.’s board approved the repurchase of up to $1 billion in stock to “improve shareholder value,” the company said Tuesday.
February 8, 2011Design, Maintenance of Key Components to Be Focus of TMC’s Meeting in Tampa
Many of the maintenance professionals who keep U.S. truck fleets running smoothly will focus their attention on wider dissemination of the motor freight industry’s recommended engineering practices at the Technology & Maintenance Council’s annual meeting in Tampa, Fla.
February 7, 2011Tire Manufacturers Boost Prices as Rubber, Oil Costs Increase
Truck tire manufacturers have raised prices up to 12% in recent weeks, citing materials costs, while concern is mounting about future supplies after the sudden rise in new tractor and trailer sales.
February 7, 2011U.S. Seeks EOBR Mandate
The Federal Motor Carrier Safety Administration last week proposed requiring nearly all interstate commercial motor carriers to install electronic data recorders to monitor their drivers’ hours-of-service compliance.
February 7, 2011Concern Over Tire Prices, Supply
There were more signs of the trucking industry’s resurgence last week, as a number of publicly-held fleets reported improved earnings, while analysts said trailer and used trucks sales surged during 2010.
February 7, 2011Accuride Sells Truck Seating Unit to CVG
Commercial Vehicle Group said Jan. 31 it bought heavy-duty truck seating unit Bostrom Seating from fellow component maker Accuride Corp., for $8.8 million.
February 4, 2011Bridgestone Sets 12% Increase in Truck Tire Prices
Bridgestone Bandag Tire Solutions said it is boosting prices of its Bridgestone and Firestone brand truck and bus radial tires by 12%, effective immediately.
February 2, 2011