Cerberus to Acquire 70% Interest in Navistar Defense
Cerberus Capital Management, an investment firm specializing in credit, private equity and real estate, will acquire 70% interest in Navistar Defense, according to a Dec. 3 press release.
December 4, 2018Manufacturers Urge New Congress to ‘Start With Infrastructure’
The Association of Equipment Manufacturers is launching a new digital ad campaign to remind Congress and the Trump administration of the bipartisan support for upgrading U.S. public works and urging them to “start with infrastructure” in 2019.
December 3, 2018Daimler's Mexican Division Braces for Change
PUERTO VALLARTA, Mexico — The adoption of tougher emissions standards and the arrival of a new Mexican president are among the key changes Daimler Commercial Vehicles Mexico will face in the year ahead and beyond, company President Flavio Rivera said here.
November 29, 2018Average Used Class 8 Costs More in October as Sales Climb
The average price for a used Class 8 truck in October rose 11% year-over-year to $45,378 as buyers pushed sales 9% higher despite inventory levels that remained tight, ACT Research Co. reported.
November 28, 2018Effective Cab Ergonomics Has Key Role in Driver Productivity, Safety and Health, Industry Experts Say
Manufacturers that supply over-the-road trucks, as well as those who operate them, have something to say about their trucks’ cab design. And ergonomics plays a critical role to help enable drivers to perform efficiently.
November 28, 2018Palmer Trucks Opens Parts-Only Store in Kentucky
Palmer Trucks, a regional provider of Kenworth products, has opened a parts-only store, TRP of Northern Kentucky, in Erlanger, Ky. The store opened Nov. 19, according to a Nov. 20 press release.
November 28, 2018Penske Partners with TechForce on Technician Recruitment
Penske Truck Leasing has partnered with TechForce Foundation on the latter’s FutureTech Success campaign, which supports the recruitment of new fleet-maintenance technicians.
November 28, 2018Capitol Agenda for the Week of Nov. 26: One More for the Road
If you don’t travel much, but you were among the millions of Americans who set out to visit loved ones this past Thanksgiving weekend, the traffic nightmare you experienced was indeed an anomaly. But there's hope. Here's a look at the week ahead for trucking on Capitol Hill.
November 26, 2018Fiat Said to Weigh Robotics Unit Sale for Up to $2.3 Billion
Fiat Chrysler Automobiles NV is considering options for its robotics arm, Comau, including a potential sale at a value of 1.5 billion euros to 2 billion euros ($1.7 billion to $2.3 billion), sources familiar with the matter said. The shares rose the most since July.
November 26, 2018Allison, LHP Telematics to Collaborate on Diagnostics
Allison Transmission Inc. announced it is expanding the remote diagnostic options available for its fourth- and fifth-generation transmissions through a collaboration with LHP Telematics.
November 26, 2018