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IdleAire Can Proceed With Sale, Judge Rules
IdleAire Technologies Corp., which designs anti-idling systems for long-haul trucks at truck stops, can proceed with a proposed sale without an investigation, a judge ruled, Bloomberg reported Monday.
June 16, 2008Several Class 8 Hybrids Being Developed, But Experts Say Many Obstacles Still Loom
WASHINGTON — Several prototype Class 8 hybrid trucks are currently under development, but the technical and economic obstacles in the way of placing reliable and fuel-efficient heavy hybrid over-the-road trucks in service remain daunting, experts told a House subcommittee.
June 16, 2008GPS Market to Reach $240 Billion in Five Years, Report Says
Global Positioning System location-finding and navigation services are generating increasing revenue as the satellite-based technology is embedded in a wider range of mobile devices, according to a report from the European firm ABI Research.
June 9, 2008U.S. Xpress Completes Pinner Purchase
Truckload carrier U.S. Xpress Enterprises said its Xpress Global Systems subsidiary finalized its purchase of Pinner Transportation. Terms were not released.
June 2, 2008Iteris Reports Higher Income for Quarter, Fiscal Year
Iteris Inc., which makes lane-departure warning systems for the trucking industry, reported its fiscal fourth-quarter profit improved from a year ago.
June 2, 2008Williford to Lead Ryder’s Supply Chain Unit
Ryder System said Wednesday it appointed John Williford to serve in the newly created position of president of Ryder's global supply chain solutions unit.
May 28, 2008Ford, American Axle Plan Job Cuts
Ford Motor Co. plans to lay off up to 12% of its salaried employees by August as part of a restructuring in the face of slumping sales and high fuel prices, the Associated Press reported Wednesday.
May 28, 2008UAW Approves American Axle Contract
Auto parts supplier American Axle and Manufacturing Holdings said Friday it expects production to resume next week after union workers overwhelmingly approved a new contract that contains steep pay cuts and other concessions, the Associated Press reported.
May 23, 2008GM, American Axle Reach Tentative Contract
Several General Motors Corp. plants idled by an 11-week strike at supplier American Axle & Manufacturing Holdings are set to begin operations soon, following a tentative settlement to the work stoppage, the Wall Street Journal reported Monday.
May 19, 2008ArvinMeritor Sets Commodity Surcharge
Auto and truck component maker ArvinMeritor Inc. said late Tuesday it will institute a monthly surcharge for components due to rising materials prices.
May 14, 2008