Goodyear Tire & Rubber Co. plans to close 92 retail stores with about 500 full-time workers by the end of the year because of their lack of profitability, Bloomberg reported.
August 20, 2008Search
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Wright Express Completes International Acquisition
Wright Express Corp. said it completed its acquisition of Financial Automation Limited, a New Zealand-based international provider of fuel card processing software systems.
September 2, 2008Freightliner to Offer Meritor WABCO System
Freightliner Trucks, part of Daimler Trucks North America, said it will offer Meritor WABCO鈥檚 new automatic forward-collision warning and braking system on its models Cascadia and Century Class S/T tractors.
August 25, 2008Westport Begins Trading on Nasdaq
Westport Innovations, which makes alternative fuel transportation technologies, said Monday it has begun trading on the Nasdaq stock market.
August 18, 2008Ryder to Acquire Gordon Truck Leasing
Ryder System said late Wednesday it will acquire Philadelphia-based Gordon Truck Leasing. Terms were not disclosed.
August 7, 2008Volvo Offers Bendix Air Disc Brakes on Heavy Trucks
Volvo Trucks North America said Monday it is now offering Bendix heavy-duty air disc brakes on Volvo VN and VT model trucks.
August 4, 2008Iteris, Delphi to Team on Safety Technologies
Iteris Inc. and Delphi Corp. said Monday that Iteris has been named the exclusive distributor of Delphi鈥檚 forward collision warning system for the North American commercial vehicle market.
August 4, 2008DOT Issues Transport Plan
Declaring the current system irrevocably 鈥渂roken,鈥 Transportation Secretary Mary Peters unveiled the Bush administration鈥檚 final major surface transportation policy initiative 鈥 a reform of the highway program that includes unlimited tolling and an increased emphasis on private capital.
August 4, 2008Bridgestone Firestone to Hike Prices by Up to 10%
Bridgestone Firestone North American Tire said Thursday that it will raise prices by up to 10% on all of its truck, bus, pickup and passenger tires because of higher raw materials costs and persistently high fuel prices.
July 31, 2008Goodyear鈥檚 2Q Profit Rises on International Sales
Goodyear Tire & Rubber Co.鈥檚 second-quarter profit rose to $75 million, or 31 cents a share, from $56 million, or 26 cents, in 2007 as stronger international sales offset a slip in the North American market, the company said Thursday.
July 31, 2008