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Volvo 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, 2008

DOT 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, 2008

Bridgestone 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, 2008

Goodyear’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, 2008

Cummins’ 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

ArvinMeritor Reports Fiscal 3Q Profit

Vehicle component supplier ArvinMeritor earned $44 million, or 60 cents a share in the quarter ended June 30, compared with a loss of $70 million, or 99 cents, a year ago, the company said Tuesday.

July 29, 2008

Kemp Promoted to President, COO of ABF Freight

Wesley Kemp was appointed president and chief operating officer of less-than-truckload carrier ABF Freight System, the company said.

July 28, 2008

Ryder Reports Mixed 2Q Earnings

Ryder System Wednesday reported a second-quarter profit of $62.9 million, or $1.10 per share, compared with $65.1 million, or $1.07 per share, a year ago.

July 23, 2008

Cummins to Acquire N.C. Engine Company

Diesel engine maker Cummins Inc. said Friday it concluded joint ventures with two companies and that it will purchase a stake in a North Carolina engine company, which will become a Cummins unit.

July 18, 2008