Ryder to Buy Florida Leasing Firm
Ryder System said Monday it will buy most of the assets of Florida-based Gator Leasing, which will add about 2,300 vehicles to Ryder's fleet.
April 14, 2008Eaton’s 1Q Profit Gains; Trucking Segment Lags
Heavy-duty vehicle parts manufacturer Eaton Corp.’s first-quarter net earnings rose 5.6%, led by international sales, though its truck segment’s sales declined, the company said Monday.
April 14, 2008UAW Rejects Mediator on American Axle Strike, Paper Reports
Parts supplier American Axle & Manufacturing Holdings has asked a federal mediator to help broker a deal to end the a 48-day strike, but offer was rejected by the United Auto Workers union, the Detroit News reported Monday.
April 14, 2008Cummins Begins Production at Chinese Fuel Systems Plant
Diesel engine maker Cummins Inc. said Tuesday it opened its first fuel systems manufacturing site outside of North America, the Cummins Fuel Systems Wuhan plant, in China.
April 8, 2008Rates Rise on Indiana Toll Road; Truckers Begin Using I-Zoom
The cost to drive on the Indiana Toll Road rose for all vehicles with three or more axles, as well as two-axle vehicles that were not using the I-Zoom electronic tolling system, which debuted on the road last week.
April 7, 2008Arrow Trucking to Replace Fleet with New Freightliners
Flatbed carrier Arrow Trucking Co. has entered into a financing agreement with DaimlerChrysler Truck Financial under which it will replace its 1,400-truck fleet over five years, the Tulsa World newspaper reported Thursday.
April 3, 2008Accuride, Benecor to Distribute Urea
Accuride Corp., a maker of wheels, chassis parts and seat assemblies for commercial trucks and trailers, said it will form a joint venture with Benecor Inc. to distribute diesel exhaust fluid, or urea, at truck stops, fuel stations and fleet locations.
March 31, 2008Equipment Lessors Consolidate, Reduce Fleet Sizes to Adjust for Changing Demand
A weak economy and a deteriorating business environment for truckers are creating challenges and opportunities for equipment leasing and rental companies, executives in the field say.
March 31, 2008Cummins Releases CARB-Compliant APU
Diesel engine maker Cummins Inc. Wednesday unveiled two new auxiliary power unit systems that are compliant with new California Air Resources Board idle-reduction regulations.
March 26, 2008Michelin to Link Tire Prices to Cost of Oil
Michelin & Cie., the world’s second-biggest tire maker, said it will link the prices of car tires to the cost of oil, Bloomberg reported Friday.
March 21, 2008