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New orders for commercial trailers dipped 0.8% in October from the year-ago level after a rise in cancellations, but manufacturers and retail sellers reported strong late October and early November activity.

Manufacturing activity in the Philadelphia region declined this month but showed expansion, the Federal Reserve Bank of Philadelphia said.

Private equity firm Harvest Partners said it completed its acquisition of aftermarket heavy-duty truck parts distributor TruckPro Inc.

Goodyear Tire & Rubber Co. said its third-quarter net income and sales rose to records.

Cooper Tire & Rubber Co. said its third-quarter earnings fell to $17 million, or 27 cents a share, from $45 million, or 71 cents, a year ago.

Commercial Vehicle Group reported third-quarter income of $7.4 million, or 26 cents per share, up from to $1.1 million, or 4 cents, a year ago.

Commercial vehicle component manufacturer Accuride Corp. reported a third-quarter loss of $17.2 million, or 36 cents per share, compared with a profit of $30.8 million, or 8 cents, a year ago.

Frozen Food Express Industries said it will sell more than 400 dry vans and almost 300 tractors to truckload carrier Celadon Trucking Services.

Manufacturing activity in the Philadelphia region increased in October, the Federal Reserve Bank of Philadelphia said Thursday.