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Meritor Reports Lower Profit, Revenue; Transition Plan Announced

Meritor reported lower fiscal fourth-quarter net income and revenue. The company also announced President and CEO Jay Craig will transition to executive chairman of the board of directors Feb. 28.

November 17, 2020

Cummins Outlines the Future of Hydrogen Fuel Technologies

Engine manufacturer Cummins sees a future in fuel cell technology for itself and within the trucking industry, but noted during a virtual event that challenges lie ahead.

November 17, 2020

Truck, Engine Makers Refine Products to Meet 2021 GHG Emission Standards

Original equipment manufacturers and engine suppliers have found a variety of ways to meet the challenges posed by the 2021 Phase 2 standards for greenhouse gas emissions and fuel efficiency.

November 16, 2020

°®¶¹´«Ã½ Depot Reunites With HD Supply in Deal Catering to Pros

°®¶¹´«Ã½ Depot Inc. agreed to buy building products distributor HD Supply Holdings Inc., reuniting the home-improvement retailer with its former subsidiary more than a decade after they split apart.

November 16, 2020

Meritor, DTNA Extend Air Disc Brake Deal

Meritor Inc. and Daimler Trucks North America announced that Meritor EX+ LS air disc brakes will be standard on all wheel positions on Freightliner Cascadia truck models through 2025.

November 16, 2020

CVG Posts Lower Earnings, Revenue in Q3

CVG reported lower net income and revenue in the third quarter as a result of a drop in commercial vehicle build rates offset by results from warehouse automation initiatives in the expanding e-commerce environment.

November 16, 2020

Meritor Fiscal Q4 Earnings Cut by Falling Demand

Meritor Inc. reported lower fiscal fourth-quarter net income and revenue, pointing to the COVID-19 pandemic’s effect on customer demand.

November 16, 2020

Meritor Announces CEO Succession Plan

Meritor Inc. announced Jay Craig, CEO and president, will transition to the role of executive chairman of the board of directors on Feb. 28, 2021. Chris Villavarayan, executive vice president and chief operating officer, will succeed him in both roles, and will join the board.

November 13, 2020

October US Trailer Orders Soar to Third-Highest Level Ever

U.S. trailer orders for October soared to 54,200, the third-best in industry history, ACT Research reported, citing trailer makers’ preliminary market estimate.

November 13, 2020

Panel Discusses What’s Ahead for Greener Diesel

Diesel can play a central role for the transportation sector as it moves toward a more sustainable future, a panel of experts said.

November 12, 2020