A Delaware Judge ruled that Apollo Tyres didn’t breach its obligations to try to resolve a dispute with a labor union during its acquisition of Cooper Tire and Rubber Co., Bloomberg News reported.
November 12, 2013Search
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Pa. Legislators Approve $2.4 Bln. Road Plan
Pennsylvania state lawmakers gave final approval Nov. 21 to a transportation spending bill that will raise $2.4 billion more annually for the state’s roads, bridges and transit systems.
November 22, 2013Safety Systems Shown to Reduce Rollovers, Other Accidents, FMCSA Study Declares
A new study has found trucks using lane-departure warning and roll-stability control systems are less likely to be involved in an accident than those not using the system.
November 11, 2013Carrier Logistics Enhances Dock System
Carrier Logistics Inc., a freight management software provider, announced that it added new features to its dock management system.
January 1, 2012Cooper Blames Apollo Tyres in Court for Delay in $2.5 Billion Buyout
Cooper Tire and Rubber Co. testified in court it could have expedited its $2.5 billion buyout by Apollo Tyres if it had been allowed to take part in union negotiations, Bloomberg News reported.
November 7, 2013Delphi’s 3Q Profits Rise
Vehicle components maker Delphi Automotive PLC said its third-quarter profit increased on higher sales.
November 6, 2013Commercial Vehicle Group Reports Loss
Commercial Vehicle Group reported a third-quarter loss, compared with a profit a year ago, the truck and auto components maker said.
November 5, 2013Accuride Reports Third-Quarter Loss
Accuride Corp. reported a third-quarter loss and said sales declined “reflecting macro-economic and industry conditions.â€
November 4, 2013American Axle Reports Third-Quarter Profit
American Axle & Manufacturing Holdings said it had a third-quarter profit of $31.6 million, or 41 cents per share, from a loss of $8.1 million, or 11 cents, a year ago.
November 1, 2013Fleets Outsource Major Maintenance Work to Reduce Tool, In-House Labor Expenses
When A. Duie Pyle needs an engine overhauled or major transmission work done, the company sends the work to an off-site maintenance shop rather than using in-house mechanics.
November 4, 2013