Fleet Equipment News

Truck component supplier Meritor Inc. rearranged its executive positions in the wake of the departure of Chief Operating Officer Carsten Reinhardt, who left the Troy, Mich., manufacturer last week.

The Manufacturers of Emission Controls Association said even though its members installed more than 24,000 diesel retrofit devices last year, more government incentives are needed to upgrade the older diesel engines in operation.

The Manufacturers of Emission Controls Association said its members sold 24,640 diesel engine retrofit devices in 2010.

Truck engine maker Cummins Inc. said late Tuesday that Chairman and CEO Tim Solso will retire at the end of the year.

Diesel engine maker Cummins Inc. said Tuesday it will boost its dividend to 40 cents per share, from 26.25 cents per share, effective Sept. 1.

Orders for new trailers in May increased 30% from a year ago but slipped from an April peak, although manufacturers said the market remained strong, with total orders through May 77% ahead of 2010 and with a growing backlog of deliveries.

Michelin North America said Thursday that its chairman, Richard Wilkerson, will retire by year’s end. He will be succeeded by Pete Selleck.

Truck component maker Accuride Corp. said it has acquired Camden, S.C.-based wheel maker Forgitron Technologies.

The recent rise in diesel prices has given trucking companies a greater incentive to search for ways to cut fuel costs, according to carrier and tire manufacturer executives.

Manufacturing activity in the Philadelphia region slowed dramatically in June, the Federal Reserve Bank of Philadelphia said Thursday.