A Delaware Judge ruled that Apollo Tyres didn’t 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, 2013Business, Technology, Equipment, Safety
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, 2013Business, Equipment
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’s nonmanufacturing index.
December 4, 2013Business, Technology, Equipment, Safety
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, 2013Government, Business, Safety, Technology, Equipment
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’s roads, bridges and transit systems.
November 22, 2013Business, Equipment
Apollo Tyres Didn’t Breach Union Obligations, Judge Rules
Business, Safety, Government, Technology, Equipment, Autonomous
Safety Systems Shown to Reduce Rollovers, Other Accidents, FMCSA Study Declares
A new study has found trucks using lane-departure warning and roll-stability control systems are less likely to be involved in an accident than those not using the system.
November 11, 2013Business, Equipment
Cooper Blames Apollo Tyres in Court for Delay in $2.5 Billion Buyout
Cooper Tire and Rubber Co. testified in court it could have expedited its $2.5 billion buyout by Apollo Tyres if it had been allowed to take part in union negotiations, Bloomberg News reported.
November 7, 2013Business, Equipment
Delphi’s 3Q Profits Rise
Vehicle components maker Delphi Automotive PLC said its third-quarter profit increased on higher sales.
November 6, 2013Business, Equipment
Commercial Vehicle Group Reports Loss
Commercial Vehicle Group reported a third-quarter loss, compared with a profit a year ago, the truck and auto components maker said.
November 5, 2013Business, Equipment
Accuride Reports Third-Quarter Loss
Accuride Corp. reported a third-quarter loss and said sales declined “reflecting macro-economic and industry conditions.â€
November 4, 2013