Business

Bendix Commercial Vehicle Systems said late Monday it will acquire Iteris Inc.’s vehicle sensors business, including Iteris’ lane departure warning system.

YRC Worldwide said it has named transportation industry veteran James Welch its new CEO, effective immediately, following the company’s restructuring.

Truck and auto components maker Eaton Corp. said Monday its second-quarter profit rose 47% as its truck unit’s sales rose to a quarterly record.

Dozens of airport construction projects around the country are on hold and thousands of workers are furloughed because Congress has not passed legislation to keep the Federal Aviation Administration operating, the Associated Press reported Monday.

Cash fares will rise 10% on the Pennsylvania turnpike in 2012, but tolls will remain the same for E-ZPass users.

The California Air Resources Board approved up to $40 million to promote the purchase of next-generation clean cars and trucks in the third year of its Air Quality Improvement Program.

Qualcomm Inc., a maker of trucking communication devices and wireless chips, said fiscal third quarter income rose to $1.03 billion, or 61 cents per share, on revenue of $3.62 billion.

The Canadian government formally published a regulation July 20 mandating a 2% biodiesel blend in most provinces.

Hino Trucks USA, Novi, Mich., said on July 12 its cabover trucks in Classes 4-5 and conventional trucks in Classes 6-7 have been approved to use up to B20 biodiesel.

Six of seven publicly traded large truckload carriers delivered strong second-quarter profit increases last week, as capacity constraints helped to boost rates and margins.