LISLE, Ill. — Navistar International Corp. executives revealed their new strategy for introducing an updated product line with new emissions equipment, in a bid to recapture market share and counter competitors who have capitalized on stalled regulatory approval of Navistar’s own technology.
August 23, 2012Business
Ryder Wins Multi Group Logistics Pact
Ryder System Inc. announced it has won a maintenance contract from Multi Group Logistics Inc.
August 23, 2012Business
Review of UPS’ Acquisition of TNT Extended Into November
UPS Inc. said Tuesday that European antitrust review of its planned $6 billion-plus acquisition of Dutch package firm TNT Express will extend by two months, into early November.
August 22, 2012Business
July Medium-Duty Truck Sales Rise 15.8%
U.S. retail medium-duty truck sales totaled 12,483 vehicles in July, a 15.8% improvement over the 10,779 sold a year earlier, WardsAuto.com reported.
August 22, 2012BusinessLogistics
Thermo King Previews ‘Precedent’ Units
BLOOMINGTON, Minn. — Thermo King said it will offer a new line of trailer transport refrigeration units in January that took $60 million and three years to develop.
August 22, 2012Business
Existing 91ÊÓƵ Sales Rise in July
Existing home sales increased 2.3% in July, climbing from an eight-month low, the National Association of Realtors said Wednesday.
August 22, 2012BusinessEquipment
Cadec Names Pete Allen CEO
Fleet management technology provider Cadec Global Inc. announced that Pete Allen has joined the company as its new CEO.
August 22, 2012BusinessEquipment
Visteon Corp. CEO Stebbins Resigns
Don Stebbins, CEO of vehicle components maker Visteon Corp., announced his resignation from the company, which has been the subject of takeover speculation, Bloomberg reported.
August 22, 2012Business
Truck Tonnage Rises 4.1% in July
Truck tonnage increased 4.1 % in July from a year ago, American Trucking Associations said.
August 21, 2012BusinessFuel
Diesel Tops $4 for First Time Since May; Gasoline Rises 2.3¢ to $3.744 a Gallon
Diesel rose 6.1 cents to $4.026 a gallon, its seventh straight increase and the first time it has topped $4 in three months, the Department of Energy reported.
August 21, 2012