Goodyear Tire & Rubber Co. plans to close 92 retail stores with about 500 full-time workers by the end of the year because of their lack of profitability, Bloomberg reported.
August 20, 2008Search
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Freightliner to Offer Meritor WABCO System
Freightliner Trucks, part of Daimler Trucks North America, said it will offer Meritor WABCO’s new automatic forward-collision warning and braking system on its models Cascadia and Century Class S/T tractors.
August 25, 2008Justin Olsen, maintenance director at TCW, breaks down the hidden impact of poor trailer management on operations, compliance and safety.
Westport Begins Trading on Nasdaq
Westport Innovations, which makes alternative fuel transportation technologies, said Monday it has begun trading on the Nasdaq stock market.
August 18, 2008Ryder to Acquire Gordon Truck Leasing
Ryder System said late Wednesday it will acquire Philadelphia-based Gordon Truck Leasing. Terms were not disclosed.
August 7, 2008Volvo Offers Bendix Air Disc Brakes on Heavy Trucks
Volvo Trucks North America said Monday it is now offering Bendix heavy-duty air disc brakes on Volvo VN and VT model trucks.
August 4, 2008Iteris, Delphi to Team on Safety Technologies
Iteris Inc. and Delphi Corp. said Monday that Iteris has been named the exclusive distributor of Delphi’s forward collision warning system for the North American commercial vehicle market.
August 4, 2008DOT Issues Transport Plan
Declaring the current system irrevocably “broken,” Transportation Secretary Mary Peters unveiled the Bush administration’s final major surface transportation policy initiative — a reform of the highway program that includes unlimited tolling and an increased emphasis on private capital.
August 4, 2008Bridgestone Firestone to Hike Prices by Up to 10%
Bridgestone Firestone North American Tire said Thursday that it will raise prices by up to 10% on all of its truck, bus, pickup and passenger tires because of higher raw materials costs and persistently high fuel prices.
July 31, 2008Goodyear’s 2Q Profit Rises on International Sales
Goodyear Tire & Rubber Co.’s second-quarter profit rose to $75 million, or 31 cents a share, from $56 million, or 26 cents, in 2007 as stronger international sales offset a slip in the North American market, the company said Thursday.
July 31, 2008Cummins’ Profits Rise as Engine Demand Recovers
Engine manufacturer Cummins Inc., said that its second-quarter profits rose to a record as overseas demand bolstered a recovering North American truck-engine market.
July 30, 2008