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Allied Emerges from Bankruptcy

Vehicle hauler Allied Systems Holdings has emerged from bankruptcy,the company said in a statement.

May 31, 2007

Class 8 Truck Sales Plunge in April

Sales of new Class 8 trucks plunged 45% in April, compared with a year earlier, the most severe decline in six years.

May 21, 2007

Truckers Sue Wal-Mart

A federal judge in Arkansas granted class-action status to truck drivers accusing Wal-Mart Stores of using racially discriminatory practices in hiring over-the-road drivers, the Arkansas Democrat-Gazette reported Thursday.

May 17, 2007

Michelin Forecasts Higher Costs

Tire maker Michelin & Cie. said it will face tougher competition and higher raw materials costs this year, Bloomberg reported Friday.

May 11, 2007

TMW Cites First-Quarter Upturns

Trucking software provider TMW Systems said it was pleased with its first-quarter financial performance and production output.

May 14, 2007

Midwest Sees Extensive Flooding

Heavy rains from an already deadly storm system caused extensive floods in Missouri as Midwest waterways rose to levels not seen in 14 years, the Associated Press reported Tuesday.

May 8, 2007

Qualcomm, Maptuit Set Partnership for NaviGo System

Qualcomm Inc. and Maptuit Corp. said Monday they have entered an agreement to make Maptuits navigation system available on Qualcomms mobile computing platform.

May 7, 2007

ArvinMeritor Posts 2Q Loss

Components maker ArvinMeritor Inc. said Tuesday it lost $94 million or $1.34 per share for its fiscal second quarter, compared with earning $45 million or 65 cents a year ago.

May 1, 2007

Accuride Takes 1Q Loss

Commercial vehicle component maker Accuride Corp. said Monday it lost $1.9 million or 5 cents a share in the first quarter, compared with a profit of $20 million or 58 cents a year ago.

April 30, 2007