IdleAire Technologies Corp., a designer of anti-idling systems for long-haul trucks at truck stops, has filed for Chapter 11 bankruptcy, but its facilities will remain open to truckers, the company said Friday.
May 19, 2008Search
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Ford, 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, 2008
Justin Olsen, maintenance director at TCW, breaks down the hidden impact of poor trailer management on operations, compliance and safety.聽
UAW 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, 2008As Tire Retreading Market Grows, So Do Counterfeits, Look-Alikes
As fuel prices have skyrocketed, trucking companies have been forced to look closer at other parts of their businesses to trim costs.
May 26, 2008Bridgestone Buys Stake in Japanese Tire Maker
Tire maker Bridgestone Corp. will take an 8.7% in Japan鈥檚 Toyo Tire, which will in turn purchase 0.5% of Bridgestone, the two said in a statement, Bloomberg reported.
May 21, 2008Continental Boosting Truck Tire Prices
Continental Tire North America said it will boost prices up to 8% on all Continental and General Tire Brand truck tires in North America, effective Aug. 1.
May 19, 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, 2008Ryder Completes Gator Leasing Acquisition
Ryder System said late Monday it has completed its acquisition of Gator Leasing, privately held company based in Miami.
May 13, 2008Cummins Sees Continued Strong Growth in 2008
Diesel engine maker Cummins Inc. is on pace for a fifth consecutive year of record sales and profits in 2008 and is poised for 鈥渟ignificant further growth over the next several years,鈥 Chairman and Chief Executive Officer Tim Solso told shareholders at the company鈥檚 annual meeting Tuesday.
May 13, 2008