Cooper Tire & Rubber Co. said it will pursue a $112.5 million 鈥渞everse termination fee鈥 after ending its attempt to acquire Apollo Tyres.
December 31, 2013GovernmentBusinessTechnologyEquipment
No ELD Mandate Proposal This Year, FMCSA Says
The proposed rule on electronic logging devices for trucks will not be published until 2014, the Federal Motor Carrier Safety Administration said Dec. 20.
December 23, 2013BusinessTechnologyEquipmentSafety
Bendix Gets 2-Year Regulatory Renewal for LDW System
Bendix Commercial Vehicle Systems has received renewal of a two-year regulatory exemption for its lane-departure warning system from the Federal Motor Carrier Safety Administration.
December 20, 2013BusinessEquipment
Nov. Class 8 Sales Rise 1% in Third Consecutive Increase
Sales of Class 8 trucks slowed in November, gaining just 1% from the same month last year, while marking the third straight month of year-over-year increases, WardsAuto.com reported.
December 16, 2013GovernmentBusinessEquipment
D.C. Bill Would Not Ban Diesel Trucks, City Says
A bill that trucking industry stakeholders have said would ban the registration of new diesel vehicles in the District of Columbia beginning in 2018 was 鈥渕isinterpreted鈥 by the industry, the city鈥檚 environmental legislative director said.
December 10, 2013BusinessTechnologyEquipmentSafety
Kenworth Makes Bendix Front Air Disc Brakes Standard
Kenworth Truck Co. said it will make Bendix front air disc brakes standard on its Class 8 tractors and trucks.
December 9, 2013BusinessEquipment
Service Industries Grow at Slower Pace in November
The service industry in the United States grew at a slower pace in November, according to the Institute for Supply Management鈥檚 nonmanufacturing index.
December 4, 2013BusinessTechnologyEquipmentSafety
Descartes Names Ryan to CEO Post
Edward Ryan has been named CEO of Descartes Systems Group, succeeding Arthur Mesher, the company announced Nov. 27.
November 27, 2013GovernmentBusinessSafetyTechnologyEquipment
Pa. Legislators Approve $2.4 Bln. Road Plan
Pennsylvania state lawmakers gave final approval Nov. 21 to a transportation spending bill that will raise $2.4 billion more annually for the state鈥檚 roads, bridges and transit systems.
November 22, 2013BusinessEquipment
Apollo Tyres Didn鈥檛 Breach Union Obligations, Judge Rules
A Delaware Judge ruled that Apollo Tyres didn鈥檛 breach its obligations to try to resolve a dispute with a labor union during its acquisition of Cooper Tire and Rubber Co., Bloomberg News reported.
November 12, 2013