Chris Patterson, head of Daimler Trucks North America, plans to retire in June, parent company Daimler AG said Monday.
March 16, 2009Search
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ATA Warns Against Closing Va. Rest Areas
American Trucking Associations Monday warned against Virginia's proposal to close 25 of its 42 rest areas, saying that the move would be dangerous for all drivers.
March 17, 2009Double Coin Doubles Mexico Market Share
Tire maker Double Coin said it has doubled its market share in Mexico since being reintroduced to that country’s market in 2007.
March 17, 2009E&MU: Incentives Scarce Despite Slow Sales
By all indications, it’s going to be a lousy year for equipment sales. Sales of heavy-duty trucks hit a 16-year low in 2008, and this year could be even worse as freight carriers cut back on capacity in response to a steep drop in demand for shipping.
March 17, 2009MAN Completes VW Truck Acquisition in Brazil
German truck maker MAN AG said Tuesday it has completed its acquisition of VW Truck & Bus in Brazil, making MAN on a leader in the Brazilian commercial vehicle market.
March 17, 2009Caterpillar Sets 2,400 Layoffs in Three States
Caterpillar Inc. said Tuesday it will lay off more than 2,400 employees at five plants in three states as the heavy equipment maker continues to cut costs amid the economic downturn, the Associated Press reported.
March 17, 2009LaHood Says DOT Working to Expedite Stimulus Projects
The Department of Transportation is moving quickly to use economic stimulus funds to improve infrastructure, Transportation Secretary Ray LaHood said Tuesday.
March 17, 2009OPEC Holds Off on More Production Cuts
OPEC plans to hold its oil output steady rather than to make deeper production cuts that were sought by some of its members, the Wall Street Journal reported Monday.
March 16, 2009N.Y. State Manufacturing Index Hits Record Low
Manufacturing growth in New York state contracted this month at the fastest pace on record, the Federal Reserve Bank of New York said Monday.
March 16, 2009N.H. Truckers Balk at 15-Cent Diesel Tax Boost
A proposed 15-cent boost in New Hampshire’s diesel tax will badly hurt the trucking industry, truckers told state lawmakers, the Associated Press reported.
March 16, 2009