Fleet Equipment News

Major supply chain disruptions from weather or other disasters can turn just-in-time inventory management into a liability rather than a solution, according to freight transportation experts.

The Federal Motor Carrier Safety Administration has opened a 30-day public comment period on its plans to survey more than 1,000 drivers and motor carriers for input on ways that drivers can potentially be harassed by the use of electronic logging devices.

Component supplier Commercial Vehicle Group said former Caterpillar executive Richard Lavin has been hired as CEO.

A federal appeals court has ruled that a legal challenge to the Securities and Exchange Commission’s “conflict minerals” reporting rule must first be adjudicated in a civil federal district court.

Cooper Tire & Rubber Co. said it posted a higher first-quarter profit but lower revenue on a soft global tire market.

Truck component maker Meritor Inc. has named Ivor Evans the company’s chairman and interim CEO, replacing Chip McClure, who is leaving the company.

Most leading suppliers to the trucking industry that reported earnings late last month said profits declined, or turned to losses, in the first three months of 2013.

Two component makers reported lower first-quarter results compared with the same period last year.

Yokohama Tire Corp. said it signed an agreement to build a $300 million commercial truck tire plant in West Point, Miss.

Meritor Inc. reported a loss for its second fiscal quarter, and the truck component maker said it plans to sell 50% of a joint venture in Brazil.