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TMC Creates Service Provider Study Group

RALEIGH, N.C. The Technology & Maintenance Council added a new study group, elevating its Service Provider Committee to study group status.

September 21, 2011

Cummins to Sell Light-Duty Filtration Business

Truck engine manufacturer Cummins Inc. announced that it has agreed to sell its light-duty filtration operations to an equity investment firm, Industrial Opportunity Partners. Terms were not disclosed.

September 9, 2011

July Trailer Orders at 13,200, Down for 4th Month in a Row

Truck fleets ordered 13,200 new commercial trailers during July, a 20% increase over July 2010, but the fourth straight month of declining figures, ACT Research Co. reported.

September 5, 2011

Fixing the EOBR Rule

We were disappointed to see the federal appellate courts ruling overturning the requirement that some motor carriers install electronic recording devices to monitor drivers compliance with the hours-of-service rule.

September 5, 2011

Appeals Court Throws Out EOBR Rule

The Federal Motor Carrier Safety Administrations electronic onboard recorder 2010 final rule for motor carriers with significant hours-of-service violations does not protect truck drivers from potential harassment by their employers, a federal appeals court has ruled.

August 29, 2011

Systems Supplier Balqon To Go Public With Stock

Balqon Corp., which makes electric drive and battery systems for heavy trucks, said it intends to sell 8.2 million shares of its stock to the public.

August 19, 2011

June Trailer Orders Up 6%

The more than year-long surge in orders for new trailers showed signs of leveling off in June, increasing just 6% from 2010 levels, compared with an overall 65% gain over the first half of 2011, ACT Research Co. said.

August 8, 2011

Cooper Tires 2Q Income Declines

Cooper Tire & Rubber Co. said second-quarter earnings at its Cooper Tire division fell to $12 million, or 18 cents a share, from $19 million, or 30 cents, a year ago.

August 5, 2011

Goodyears 2Q Profit Improves as Sales Reach Record

Goodyear Tire & Rubber Co. said its second-quarter profit as sales jumped 24% to a quarterly record.

August 3, 2011