Truck components maker ArvinMeritor said it lost $52 million, or 72 cents per share, in its fiscal second quarter, compared with a profit of $24 million, or 33 cents per share, a year ago.
May 6, 2009Search
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Senate Bill Would Ban Tolls on National Highway System
Legislation introduced by Sen. Kay Bailey Hutchison (R-Texas) would ban the tolls on the National Highway System.
May 27, 2009
Justin Olsen, maintenance director at TCW, breaks down the hidden impact of poor trailer management on operations, compliance and safety.
Fleets See Longer Tire Life with Monitoring Systems
Trucking fleets and tire makers said increased use of tire-pressure monitoring systems and automatic inflation systems is saving lives and money.
May 25, 2009Volvo Backs Use of Longer, Heavier Trucks
BOSTON Volvo Trucks joined the argument over allowing longer, heavier trucks on U.S. highways, saying Congress should allow them on the interstate system to relieve congestion, increase productivity, conserve fuel and cut greenhouse gas emissions.
May 18, 2009Executive Cites Factors Affecting Trucking, Class 8 Sales
SAN DIEGO A perfect storm of a weak economy, high fuel prices and governmental missteps have led to a 70% drop in new-truck sales in North America, according to Jim Hebe, senior vice president of North American sales for Navistar.
May 12, 2009R.I. Begins Construction of Replacement Highway Bridge
Rhode Island transportation officials said construction has begun on one of two bridges so deteriorated that trucks are limited to 18 tons and two axles.
May 11, 2009Tumbling Prices for Commodities Fail to Bring Relief to Truck Buyers
Prices of most key commodities used in making heavy trucks have dropped 50% or more since last year, but price reductions for tires, components and trucks have been difficult to find.
May 11, 2009Slumping Sales Lead to Lower Earnings For Truck Makers in North America
Weak Class 8 truck sales around the world led to plunging revenue and either losses or vastly diminished first-quarter profits for three of the four major heavy-duty truck manufacturers and both independent engine makers operating in North America.
May 4, 2009Hino Posts $628 Million Loss on Pension Charges
Hino Motors Ltd., Japans largest heavy-duty truck maker, had a wider-than-expected annual loss because of falling sales and one-time costs from a change in its pension system, Bloomberg reported Tuesday.
April 21, 2009Sterling Truck Corp. Closes After 11 Years
Sterling Truck Corp. officially ended its 11-year life span last month when the last Class 8 rolled off the St. Thomas, Ontario, assembly line, part of a final order for ABF Freight System Inc.
April 13, 2009