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The 700-member Truckload Carriers Association plans to oppose a proposed federal mandate requiring the use of electronic onboard recorders because there is no evidence that the technology will improve highway safety, the association’s president said.

Cummins Inc. maintained its market-share lead in Class 8 engines during 2010, although Detroit Diesel Corp. grabbed a bigger portion of the market, according to WardsAuto.com.

Yokohama Tire Corp. said Friday it will increase prices by up to 8% on all of its consumer tires, which include passenger, performance and light-truck tires, effective March 1.

Cummins Inc.’s board approved the repurchase of up to $1 billion in stock to “improve shareholder value,” the company said Tuesday.

The Federal Motor Carrier Safety Administration last week proposed requiring nearly all interstate commercial motor carriers to install electronic data recorders to monitor their drivers’ hours-of-service compliance.

There were more signs of the trucking industry’s resurgence last week, as a number of publicly-held fleets reported improved earnings, while analysts said trailer and used trucks sales surged during 2010.

Many of the maintenance professionals who keep U.S. truck fleets running smoothly will focus their attention on wider dissemination of the motor freight industry’s recommended engineering practices at the Technology & Maintenance Council’s annual meeting in Tampa, Fla.

Truck tire manufacturers have raised prices up to 12% in recent weeks, citing materials costs, while concern is mounting about future supplies after the sudden rise in new tractor and trailer sales.

Commercial Vehicle Group said Jan. 31 it bought heavy-duty truck seating unit Bostrom Seating from fellow component maker Accuride Corp., for $8.8 million.