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UAW Approves American Axle Contract

Auto parts supplier American Axle and Manufacturing Holdings said Friday it expects production to resume next week after union workers overwhelmingly approved a new contract that contains steep pay cuts and other concessions, the Associated Press reported.

May 23, 2008

As Tire Retreading Market Grows, So Do Counterfeits, Look-Alikes

As fuel prices have skyrocketed, trucking companies have been forced to look closer at other parts of their businesses to trim costs.

May 26, 2008

Bridgestone Buys Stake in Japanese Tire Maker

Tire maker Bridgestone Corp. will take an 8.7% in Japan鈥檚 Toyo Tire, which will in turn purchase 0.5% of Bridgestone, the two said in a statement, Bloomberg reported.

May 21, 2008

Continental Boosting Truck Tire Prices

Continental Tire North America said it will boost prices up to 8% on all Continental and General Tire Brand truck tires in North America, effective Aug. 1.

May 19, 2008

GM, American Axle Reach Tentative Contract

Several General Motors Corp. plants idled by an 11-week strike at supplier American Axle & Manufacturing Holdings are set to begin operations soon, following a tentative settlement to the work stoppage, the Wall Street Journal reported Monday.

May 19, 2008

ArvinMeritor Sets Commodity Surcharge

Auto and truck component maker ArvinMeritor Inc. said late Tuesday it will institute a monthly surcharge for components due to rising materials prices.

May 14, 2008

Ryder Completes Gator Leasing Acquisition

Ryder System said late Monday it has completed its acquisition of Gator Leasing, privately held company based in Miami.

May 13, 2008

IdleAire Files Chapter 11; Stations to Remain Open

IdleAire Technologies Corp., a designer of anti-idling systems for long-haul trucks at truck stops, has filed for Chapter 11 bankruptcy, but its facilities will remain open to truckers, the company said Friday.

May 19, 2008

Cummins Sees Continued Strong Growth in 2008

Diesel engine maker Cummins Inc. is on pace for a fifth consecutive year of record sales and profits in 2008 and is poised for 鈥渟ignificant further growth over the next several years,鈥 Chairman and Chief Executive Officer Tim Solso told shareholders at the company鈥檚 annual meeting Tuesday.

May 13, 2008

Calif. Says Mack, VTNA, Cummins Engines Meet NOx Standard, Exempt From Idling Rule

The California Air Resources Board has confirmed to Transport Topics that Mack Trucks Inc., Cummins Inc. and Volvo Trucks North America have received certification that their heavy-duty engines meet California鈥檚 nitrogen oxide emission standards, providing users an exemption from the state鈥檚 five-minute idling regulation.

May 12, 2008