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Systems Supplier Balqon To Go Public With Stock
Balqon Corp., which makes electric drive and battery systems for heavy trucks, said it intends to sell 8.2 million shares of its stock to the public.
August 19, 2011
Matt Silver, CEO of Cargado, discusses how AI, data and smarter platforms are reshaping cross-border shipping.
June Trailer Orders Up 6%
The more than year-long surge in orders for new trailers showed signs of leveling off in June, increasing just 6% from 2010 levels, compared with an overall 65% gain over the first half of 2011, ACT Research Co. said.
August 8, 2011Cooper Tire’s 2Q Income Declines
Cooper Tire & Rubber Co. said second-quarter earnings at its Cooper Tire division fell to $12 million, or 18 cents a share, from $19 million, or 30 cents, a year ago.
August 5, 2011Goodyear’s 2Q Profit Improves as Sales Reach Record
Goodyear Tire & Rubber Co. said its second-quarter profit as sales jumped 24% to a quarterly record.
August 3, 2011Profits Dip at Component Makers Accuride, CVG
Two truck component makers reported lower second quarter profits late last month.
August 2, 2011Opinion: Can This Marriage Be Saved?
It takes a significant effort on the part of suppliers and customers alike to ensure that strains on key supplier-customer relationships are avoided, and there is a common focus on the contributions that create value.
August 5, 2011Cummins’ Second-Quarter Profit Doubles
Engine maker Cummins Inc. said Tuesday its second-quarter profit doubled to a record on higher sales, and it boosted its earnings outlook for the full year.
July 26, 2011Bendix to Buy Iteris’ Vehicle Sensors Business for $14 Million
Bendix Commercial Vehicle Systems said late Monday it will acquire Iteris Inc.’s vehicle sensors business, including Iteris’ lane departure warning system.
July 25, 2011Bowes Promoted as Reinhardt Leaves Meritor; Manufacturer Lowers Quarterly Guidance
Truck component supplier Meritor Inc. rearranged its executive positions in the wake of the departure of Chief Operating Officer Carsten Reinhardt, who left the Troy, Mich., manufacturer last week.
July 25, 2011New CEO Says Cummins Can Compete Despite Vertical Integration of Trucks
Tom Linebarger, who will become Cummins Inc.’s next chairman and CEO on Jan. 1, said the company is well positioned to meet the competition of North American truck makers offering “vertically integrated” packages of their own trucks and engines.
July 25, 2011