ºÚÁϳԹÏÍø

Truck components maker ArvinMeritor Inc. said Monday it will sell one of its light-vehicle chassis businesses to a private equity firm, selling its Control Products North America to OpenGate Capital.

Heavy-duty U.S. truck sales continued their severe slide into a fifth month, as retail volume fell 39% in May, while the year-to-date total now lags the pace of last year by 33.9%, according to WardsAuto.com.

Diesel emission standards change again in January 2010, but unlike the previous modifications when all manufacturers used essentially the same emission-controlling technology, medium-duty truck buyers next year will have a choice of competing systems.

WASHINGTON — Setting up what could be a major confrontation between Congress and the White House over transportation policy, a key House committee unveiled a $500 billion blueprint to remake the U.S. transport system, while on the same day the administration instead proposed extending the current plan for 18 months.

UPS Inc. has launched a new Web-based system that it says will allow companies to more easily manage parts inventory and order and ship parts.

Ryder System said that it has reached an agreement with Intelligent Global Pooling Systems to manage the flow of plastic pallets.

Ryder System said that it has agreed to manage auto parts distribution in Mexico for Mazda North American Operations.

Brake and component supplier Wabco said it completed its purchase of a majority stake in its Indian joint venture with TVS Group.

Freightliner Trucks and Cummins Westport Inc. said Thursday they plan to begin selling a new line of natural gas-powered trucks.