Income, Revenue Fall at Cummins Inc.
Engine manufacturer Cummins Inc. reported net income for the third quarter ended Oct. 2 fell to $289 million, or $1.72 per share, compared with $380 million, or $2.14, in the 2015 period, pointing to the weaker North American truck engine market, among other factors.
November 2, 2016Bendix Launches Driver Control Module Production at Mexican Plant
Bendix Commercial Vehicle Systems said it has begun to produce driver control modules, or DCMs, built for Navistar Inc. on an advanced new assembly line at its Acuña, Mexico, manufacturing campus, in which it recently invested $4.6 million.
October 31, 2016Wabash National Reports Higher Earnings on Lower Sales
Trailer manufacturer Wabash National Corp. reported year-over-year net income rose and revenue fell in the third quarter.
October 25, 2016Engine Downspeeding Dictates Drive-Axle Design
To slow the speed of the engine at cruise — called downspeeding, in which every 100 rpm slowed equates to 1% fuel savings — axle ratios are getting numerically lower. To wring the most miles from a gallon of fuel, some fleets are increasingly spec’ing direct-drive instead of overdrive transmissions, which is driving the trend to lower numerical final drive ratios.
October 24, 2016Wabco Income, Revenue Advance in Third Quarter
Commercial vehicle supplier Wabco Holdings Inc. reported third-quarter net income and earnings rose despite a challenging North American commercial vehicle market.
October 21, 2016Fastfrate Investing Nearly $20 Million Into Edmonton, Winnipeg Operations
Consolidated Fastfrate will expand operations in western Canada, spending $10 million to purchase a facility in Edmonton, Alberta, $1.5 million to expand a building in Winnipeg, Manitoba, and $5.5 million to add more than 238 intermodal chassis.
October 21, 2016FMCSA Grants Bendix Video Camera Permanent Exemption
Bendix Commercial Vehicle Systems announced the video camera component of its Wingman Fusion collision mitigation technology and AutoVue lane departure warning system will remain compliant with Federal Motor Carrier Safety Administration rules, following an exemption that was recently made permanent.
October 17, 2016Joseph Saoud to Lead Truck and Bus Unit of Bridgestone Americas
Bridgestone Americas Inc. announced Joseph Saoud joined the company as president of the truck and bus radial tire unit at Bridgestone Americas Tire Operations.
October 14, 2016Cooper Offers Wide-Base Steer Tire in New Size
Cooper Tire & Rubber Co. said it added a new size premium, wide-base steer tire for mixed-service applications to its Roadmaster commercial tire line, the RM332 WB.
October 14, 2016Looming Digital Regulation Has Trucking Industry Scrambling
GREEN BAY, Wis. — A new regulation that will force U.S. trucking companies to electronically log employee hours is designed to limit accidents by keeping tired drivers off the road. It may also drive smaller trucking firms out of business.
October 14, 2016