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Cummins Boosting Dividend by 40%

Diesel engine maker Cummins Inc. said Tuesday it will boost its quarterly cash dividend by 40%, to 17.5 cents per share, from 12.5 cents per share.

July 8, 2008

Bendix to Offer Automatic Braking for Heavy-Duty Trucks in 4Q

WASHINGTON — Bendix Commercial Vehicle Systems LLC demonstrated here the automatic braking system for heavy-duty trucks it will offer starting in the fourth quarter.

July 7, 2008

ArvinMeritor to Acquire European Remanufacturer

Heavy-duty components maker ArvinMeritor Inc. said it will buy Trucktechnic, a Belgium-based remanufacturer and distributor of commercial vehicle disc and foundation brakes and components.

July 3, 2008

Michelin Boosting U.S. Tire Prices

Tire maker Michelin & Cie. is boosting commercial truck replacement tire prices by as much as 8% in North America, Bloomberg reported.

July 2, 2008

Eaton Names Palchak Automotive Group CEO

Heavy-duty truck and auto components maker Eaton Corp. said Thursday it named Joseph Palchak chief executive officer of its automotive group.

June 26, 2008

Ryder Offers New GPS Tool

Ryder System is offering its customers a new high-tech tool to help its customers save fuel, the Miami Herald reported Monday.

June 23, 2008

Roadrunner Rebrands, Expands Services

Roadrunner Transportation Services, formerly known as Roadrunner Dawes Freight Systems, said Monday it has rebranded to reflect new offerings its third-party transportation logistics, supply-chain management, and truckload and less-than-truckload services.

June 16, 2008

Cummins, Navistar Extend Agreement Through 2013

Cummins Inc. and Navistar International Corp. said Monday they have extended their engine supply agreement for Class 8 on-highway diesel engines through 2013.

June 16, 2008

Caterpillar Exits U.S. Truck Market

Caterpillar Inc., which lost its dominant position in heavy-duty engines last year because of persistent problems with 2007-compliant models, said it will pull out of the North American Class 8 market by 2010, except for a severe-duty truck and engine in partnership with Navistar International Corp.

June 16, 2008