Bridgestone Americas Tire Operations said it was boosting tire prices 8% due to higher energy and raw materials costs, and other tire makers also cited rising costs in their recent earnings statements.
November 2, 2010Fleet Equipment News
Commercial freight transportation is a machine-based business. Highly technical equipment and advanced engineering are at the center of supply chain and require constant innovation. Transport Topics equipment coverage focuses on the machines and other physical assets that make delivery possible. It looks closely at available truck, trailer, and chassis models, developments in the engineering space, and maintenance innovations and best practices.
Arrow Trucking Employees to Get $2 Million in Back Pay
About 572 former employees of bankrupt flatbed carrier Arrow Trucking Co. will receive $2 million in back wages and benefits, the Tulsa World newspaper reported, citing court documents.
November 11, 2010FMCSA Orders Colorado Fleet to Install EOBRs
The Federal Motor Carrier Safety Administration has ordered a Colorado carrier to install electronic onboard recorders on its fleet by March, after deeming the trucking company in violation of federal hours of service rules.
November 9, 2010Manufacturers Raise Truck Tire Prices
North American truck tire manufacturers have imposed a new round of price increases, generally about 8%, citing higher raw material costs that coincided with greater tire sales and some reports of tire shortages.
November 8, 2010Accuride Reports Third-Quarter Profit
Commercial vehicle component manufacturer Accuride Corp. Thursday said it posted a third-quarter profit compared with a loss a year ago, as net sales jumped 42%.
November 4, 2010ISM Services Index Grows in October
The U.S. economy’s service sector expanded at a faster pace in October, the Institute for Supply Management said Wednesday.
November 3, 2010Tire Makers Cite Higher Costs; Set Price Increases
Wabco Reports Higher Profit in 3Q
Wabco Holdings said it earned a profit of $44 million, or 66 cents a share in the third quarter, compared with a loss of $33.8 million, or 52 cents, a year ago.
November 1, 2010ISM Manufacturing Index Improves in October
U.S. manufacturing activity improved in October, the Institute for Supply Management said Monday.
November 1, 2010New Materials and Techniques Save Weight, Fight Corrosion
New building techniques and innovative materials are helping to make trailers, especially dry vans and reefers, lighter, more fuel efficient and better at fighting corrosion, manufacturers said.
November 1, 2010Cummins’ 3Q Profit Almost Triples
Cummins Inc. said Tuesday its third-quarter profit almost tripled, led by strong performances in its engine segment and international markets.
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