Eaton to Provide Transmissions to Indian Truck Maker
Truck parts manufacturer Eaton Corp. said it has signed an agreement with India’s Tata Motors, that country’s largest automotive manufacturer, to provide heavy-duty truck transmissions through 2014.
February 16, 2009Navistar Urges Trucking to Back Gradual Phase-in of 2010 Regs
ARLINGTON, Va. — A top Navistar Inc. official said the company is pursuing its own solution to meet the 2010 U.S. emission standards, because it doesn’t believe the fuel savings claimed by competitors will justify the higher costs and more complicated systems associated with the new engines.
February 16, 2009Postal Service, UPS Team Up to Make Online Returns Easier
UPS Inc. and the U.S. Postal Service have agreed to work together to make it easier for consumers to return goods purchased online, a move that more closely aligns the nation’s mail delivery system with the largest commercial package carrier.
February 16, 2009APU Maker RigMaster Ceases Operations
RigMaster Power Corp., a Canadian manufacturer of auxiliary power units, has ceased all operations, according to a voice message on its telephone.
February 9, 2009States Eye More Toll Roads
In a whirl of activity that is expected to accelerate in coming years, states are making toll roads a permanent part of the nation’s highway system and eyeing toll dollars as a way to plug gaping budget deficits.
February 9, 2009Manufacturers Tout Their Choices for 2010
Starting in 2010, fleets buying new trucks will have to decide between two very different engine systems, and manufacturers already are warning that selecting the competing platform will leave the owner with an inferior product.
February 9, 2009Descartes Buys Oceanwide’s Logistics Business
Descartes Systems Group said Thursday it acquired the logistics business of privately held Oceanwide Inc., in an all-cash transaction of about C$10.4 million ($8.4 million).
February 6, 2009Ryder’s Fourth-Quarter Income Declines
Ryder System said Wednesday its fourth-quarter profit fell to $10.6 million, or 19 cents a share, from $71.9 million, or $1.24, a year ago.
February 4, 2009ArvinMeritor Reports Fiscal 1Q Loss
Truck components maker ArvinMeritor said Wednesday its fiscal first-quarter loss from continuing operations was $991 million, or $13.71 per share, compared with a loss of $1 million, or 1 cent, a year ago.
February 4, 2009Express-1 Acquires 3PL First Class Expediting
Express-1 Inc., parent company of Express-1 Expedited Solutions, acquired First Class Expediting Services in a deal that may become a template for future acquisitions, Express-1’s chief financial officer said.
February 3, 2009