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Philadelphia Manufacturing Index Improves

Manufacturing activity in the Philadelphia region improved in February month for a fifth straight month, the Federal Reserve Bank of Philadelphia said Thursday.

February 17, 2011

Cummins Maintains Top Spot in Heavy-Duty Engine Market

Cummins Inc. maintained its market-share lead in Class 8 engines during 2010, although Detroit Diesel Corp. grabbed a bigger portion of the market, according to WardsAuto.com.

February 14, 2011

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 associations president said.

February 14, 2011

Class 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, 2011

Goodyear Posts Loss; Sales Rise as Tire Maker Sees Stronger 2011

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, 2011

Cummins 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, 2011

Design, Maintenance of Key Components to Be Focus of TMCs 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 industrys recommended engineering practices at the Technology & Maintenance Councils annual meeting in Tampa, Fla.

February 7, 2011

Tire 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, 2011

U.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, 2011