Ryder System said late Wednesday it will acquire Philadelphia-based Gordon Truck Leasing. Terms were not disclosed.
August 7, 2008Search
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FleetPride Acquires Truck & Trailer Supply
Heavy-duty truck and trailer parts aftermarket distributor FleetPride Inc. said it has acquired Truck & Trailer Supply, based in Roswell, N. Mex. Terms were not disclosed.
August 4, 2008Cooper Tire Takes 2Q Loss
Cooper Tire and Rubber Co. said Monday it posted a second-quarter loss of $22 million, or 38 cents a share, compared with earning $17.6 million, or 28 cents, a year ago.
August 4, 2008Volvo Offers Bendix Air Disc Brakes on Heavy Trucks
Volvo Trucks North America said Monday it is now offering Bendix heavy-duty air disc brakes on Volvo VN and VT model trucks.
August 4, 2008Iteris, Delphi to Team on Safety Technologies
Iteris Inc. and Delphi Corp. said Monday that Iteris has been named the exclusive distributor of Delphi鈥檚 forward collision warning system for the North American commercial vehicle market.
August 4, 2008DOT Issues Transport Plan
Declaring the current system irrevocably 鈥渂roken,鈥 Transportation Secretary Mary Peters unveiled the Bush administration鈥檚 final major surface transportation policy initiative 鈥 a reform of the highway program that includes unlimited tolling and an increased emphasis on private capital.
August 4, 2008Bridgestone Firestone to Hike Prices by Up to 10%
Bridgestone Firestone North American Tire said Thursday that it will raise prices by up to 10% on all of its truck, bus, pickup and passenger tires because of higher raw materials costs and persistently high fuel prices.
July 31, 2008Goodyear鈥檚 2Q Profit Rises on International Sales
Goodyear Tire & Rubber Co.鈥檚 second-quarter profit rose to $75 million, or 31 cents a share, from $56 million, or 26 cents, in 2007 as stronger international sales offset a slip in the North American market, the company said Thursday.
July 31, 2008Cummins鈥 Profits Rise as Engine Demand Recovers
Engine manufacturer Cummins Inc., said that its second-quarter profits rose to a record as overseas demand bolstered a recovering North American truck-engine market.
July 30, 2008ArvinMeritor Reports Fiscal 3Q Profit
Vehicle component supplier ArvinMeritor earned $44 million, or 60 cents a share in the quarter ended June 30, compared with a loss of $70 million, or 99 cents, a year ago, the company said Tuesday.
July 29, 2008