FleetPride Acquires Westpac Heavy Duty
FleetPride, an aftermarket supplier of heavy-duty truck and trailer parts, said it has acquired truck parts dealer Westpac Heavy Duty. Terms were not disclosed.
May 23, 2012Oil Declines to Seven-Month Low
Oil prices declined to a seven-month low in early trading Wednesday after Iran agreed to allow access for United Nations nuclear inspectors, Bloomberg reported.
May 23, 2012Diesel Drops Below $4; Gas Falls Again
Diesel fell 4.8 cents to $3.956 per gallon, its sixth straight decline and the first time it has been below $4 in three months, while gasoline fell for the seventh straight week, the Department of Energy said.
May 22, 2012April Truck Tonnage Rises 3.5%
Truck tonnage rose 3.5% in April from a year ago, American Trucking Associations said Tuesday.
May 22, 2012Existing Home Sales Rise for First Time in Three Months
Existing home sales rose in April for the first time in three months, the National Association of Realtors said Tuesday.
May 22, 2012Freightliner Recalls 1,248 M2 Trucks
Freightliner Trucks has issued a recall for 1,248 of its M2 models built in February and March because of faulty software related to the operation of headlights.
May 22, 2012Eaton to Buy Ireland-Based Cooper Industries in $11.8 Billion Deal
Eaton Corp. said Monday it will buy Ireland-based Cooper Industries, a maker of electrical-distribution equipment, in a deal valued at more than $11 billion.
May 21, 2012E&MU: Fleets’ Methods for Managing Truck Recalls
Some motor carrier executives have said the sometimes maddening process of addressing truck recalls is eased by ready access to notifications about potential problems and the ability of some fleets to handle the work in-house.
May 21, 2012Makers of Electronic Stability Controls Pleased by NHTSA’s Proposed Mandate
Manufacturers of electronic stability control systems were pleased the National Highway Traffic Safety Administration has proposed mandating ESC for all heavy vehicles, rather than more limited roll-stability equipment, representatives of the companies said.
May 21, 2012Oil Rises From Seven-Month Low
Oil prices rose from a seven-month low in early trading Monday but held under $92 a barrel, after declining for six straight trading days, Bloomberg reported.
May 21, 2012