Equipment
Commercial freight transportation is a machine-based business. Highly technical equipment and advanced engineering are at the center of supply chain and require constant innovation. Transport Topics equipment coverage focuses on the machines and other physical assets that make delivery possible. It looks closely at available truck, trailer, and chassis models, developments in the engineering space, and maintenance innovations and best practices.
Cummins, Navistar Extend Agreement Through 2013
Cummins Inc. and Navistar International Corp. said Monday they have extended their engine supply agreement for Class 8 on-highway diesel engines through 2013.
June 16, 2008Caterpillar Exits U.S. Truck Market
Caterpillar Inc., which lost its dominant position in heavy-duty engines last year because of persistent problems with 2007-compliant models, said it will pull out of the North American Class 8 market by 2010, except for a severe-duty truck and engine in partnership with Navistar International Corp.
June 16, 2008Caterpillar to Exit Class 8 Engine Market After 2010
Caterpillar Inc., which said Thursday it has signed an agreement to develop a heavy-duty truck with Navistar International Corp., said it would not develop and sell engines that meet 2010 emissions standards to other truck original equipment manufacturers.
June 13, 2008Trucking Consolidation Seen Benefiting Surviving Firms
Soaring fuel prices have driven trucking bankruptcies up 143% over the same time last year, and industry analysts said the market may need to consolidate more before it improves for those companies that survive, the Associated Press reported.
June 10, 2008GPS Market to Reach $240 Billion in Five Years, Report Says
Global Positioning System location-finding and navigation services are generating increasing revenue as the satellite-based technology is embedded in a wider range of mobile devices, according to a report from the European firm ABI Research.
June 9, 2008Cummins Plans Layoffs at Indiana Pickup-Engine Plant
Diesel engine maker Cummins Inc. plans to temporarily lay off 125 workers from its midrange engine plant in Indiana because of declining pickup truck demand, the Associated Press reported Monday.
June 2, 2008U.S. Xpress Completes Pinner Purchase
Truckload carrier U.S. Xpress Enterprises said its Xpress Global Systems subsidiary finalized its purchase of Pinner Transportation. Terms were not released.
June 2, 2008Iteris Reports Higher Income for Quarter, Fiscal Year
Iteris Inc., which makes lane-departure warning systems for the trucking industry, reported its fiscal fourth-quarter profit improved from a year ago.
June 2, 2008Tom Linebarger Named Cummins’ Next President
Diesel engine maker Cummins Inc. said it named Tom Linebarger to replace Joe Loughrey as the company’s president and chief operating officer, effective Aug. 1.
May 30, 2008Ford, American Axle Plan Job Cuts
Ford Motor Co. plans to lay off up to 12% of its salaried employees by August as part of a restructuring in the face of slumping sales and high fuel prices, the Associated Press reported Wednesday.
May 28, 2008