Philadelphia Manufacturing Index Contracts
An index of manufacturing activity in the Philadelphia region in May showed contraction for the first time in eight months, the Federal Reserve Bank of Philadelphia said Thursday.
May 17, 2012Cummins to Purchase Hilite’s Emissions-Control Business
Truck engine and components maker Cummins Inc. said it has signed an agreement to acquire Hilite International’s emissions-control business. Terms were not disclosed.
May 14, 2012E&MU: Tire Makers Refine Compounds to Improve Durability, Mileage
Recent advances in rubber compounding processes have helped make tires more durable and fuel efficient, according to manufacturers who compare the techniques to the culinary arts.
May 14, 2012Opinion: Why an EOBR Mandate Is a Bad Idea
The Federal Motor Carrier Safety Administration continues to be dead set on forcing every commercial vehicle in the United States to carry an electronic onboard recorder — better known as an EOBR — despite the device’s hefty price tag and general uselessness as a safety tool.
May 14, 2012Commercial Vehicle Group Reports Higher 1Q Income
Commercial Vehicle Group’s first-quarter profit improved, the truck and auto components maker said.
May 9, 2012Goodyear, Cooper Tire Report Mixed 1Q Results
Goodyear Tire & Rubber Co. reported a first-quarter loss, citing refinancing charges that offset higher revenue.
May 9, 2012Meritor’s 2Q Profit Improves
Meritor Inc.’s fiscal second-quarter profit rose 18% on stronger performance in its truck segment.
May 8, 2012Roadrunner’s First-Quarter Profit Grows
Roadrunner Transportation Systems’ first-quarter profit climbed to $7.9 million, or 25 cents a share, from $4.4 million, or 14 cents, a year ago.
May 4, 2012Visteon Posts 1Q Loss on Restructuring Costs
Visteon Corp. reported a first-quarter loss on Wednesday, citing restructuring charges.
May 2, 2012Trailer Orders Surge Cools, but Manufacturers Stay Busy
New orders for trailers continued at a strong pace in March, despite dropping 30% from a year ago, ACT Research Co., Columbus, Ind., reported, adding that total orders for the first quarter were down just 1% from the strong performance in the first three months of 2011.
April 30, 2012