Cooper Tire & Rubber Co. said it will pursue a $112.5 million “reverse termination fee” after ending its attempt to acquire Apollo Tyres.
December 31, 2013Search
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No ELD Mandate Proposal This Year, FMCSA Says
The proposed rule on electronic logging devices for trucks will not be published until 2014, the Federal Motor Carrier Safety Administration said Dec. 20.
December 23, 2013Bendix Gets 2-Year Regulatory Renewal for LDW System
Bendix Commercial Vehicle Systems has received renewal of a two-year regulatory exemption for its lane-departure warning system from the Federal Motor Carrier Safety Administration.
December 20, 2013Nov. Class 8 Sales Rise 1% in Third Consecutive Increase
Sales of Class 8 trucks slowed in November, gaining just 1% from the same month last year, while marking the third straight month of year-over-year increases, WardsAuto.com reported.
December 16, 2013D.C. Bill Would Not Ban Diesel Trucks, City Says
A bill that trucking industry stakeholders have said would ban the registration of new diesel vehicles in the District of Columbia beginning in 2018 was “misinterpreted” by the industry, the city’s environmental legislative director said.
December 10, 2013Kenworth 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, 2013Service 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, 2013Descartes 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, 2013Pa. 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, 2013Apollo Tyres Didn’t Breach Union Obligations, Judge Rules
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, 2013