The Truck Trailer Manufacturers Association has expanded its offensive against the part of the federal Phase 2 greenhouse gas rule that concerns trailers by asking the U.S. Environmental Protection Agency to consider a Trump administration executive order intended to prune burdensome regulations.
May 8, 2017Search
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Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
Allison, Dana, Eaton See Higher Profits; Meritor Earnings Decline on Tax Expense
Three leading commercial vehicle suppliers notched quarÂterly gains in net income and revenue for the period ended March 31, while a fourth supÂplier posted declines in both Âareas but expressed optimism that its financial performance would improve later this year.
May 8, 2017Cummins’ Results Lifted by Construction, Mining
Cummins Inc., a manufacturer of diesel and natural gas engines and other technologies, posted first-quarter increases in profits and sales that were driven by demand from construction and mining customers rather than North American truck engines.
May 8, 2017Cummins First-Quarter Earnings, Revenue Increase Despite Weak North American Truck Market
Global manufacturer Cummins Inc. posted first-quarter increases in profits and sales that were driven by demand from construction and mining customers rather than North American truck engines.
May 2, 2017Accuride Finalizes Acquisition of KIC
Accuride Corp. completed its acquisition of KIC and certain of its affiliated entities, following an agreement announced April 26, the company said.
May 2, 2017Oil Falls as US Crude Supply Glut Seen Shifting to Fuel Tanks
Oil fell to the lowest in more than a month as the U.S. crude glut is seen moving to brimming fuel tanks.Â
May 2, 2017Consumer Spending in Stalls in March
U.S. consumer spending stalled in March while inflation slowed to below the Federal Reserve’s target, showing the biggest part of the economy might take more time to gain momentum after a tepid start to the year.
May 1, 2017Allen Lund Co. Forms Joint Venture, TransKool Solutions
Allen Lund Co. has formed a joint venture with Santos International called TransKool Solutions, which will operate a temperature-controlled warehouse in McAllen, Texas, and offer brokerage services to transport produce and other refrigerated goods from Mexico to the United States and Canada.
April 28, 2017Accuride Reaches Agreement to Acquire Wheel-End Supplier KIC
Commercial vehicle supplier Accuride Corp. has reached an agreement to acquire KIC, a supplier of wheel-end components, and certain of its affiliated entities.
April 26, 2017Wabash Reports Lower First-Quarter Net Income, Revenue
Trailer maker Wabash National Corp. reported lower net income and revenue for the first quarter amid fewer trailer shipments due primarily to timing issues.
April 25, 2017