Daimler Reports Fourth-Quarter Loss
Daimler AG said Tuesday it took its first quarterly loss in nearly two years on declining sales, Bloomberg reported.
February 17, 2009Test Drive Helps Kenworth Refine Its New Truck, Trailer Designs
RENTON, Wash. — In the struggle to squeeze a few more miles out of each tank of fuel, truck makers are designing tractors with the aid of computer models and wind tunnels more generally used to tweak race cars or airplanes.
February 16, 2009Supplier Groups Explore Aid to Sustain Vehicle Production
The Motor & Equipment Manufacturers Association and Original Equipment Suppliers Associations are discussing the plight of the automobile industry with President Obama’s administration, the Treasury Department and members of Congress as the federal government advances plans to disburse funds from emergency financial relief legislation approved last year.
February 16, 2009BorgWarner, GE Locomotive Announce Layoffs
BorgWarner Turbo Systems said it is laying off 140 workers at its plant in Arden, N.C., that manufactures turbochargers for diesel trucks and construction equipment.
February 16, 2009JDF Distribution to Use HighJump Software
JDF Distribution Solutions has agreed to use supply chain execution software provided by HighJump Software, the companies said.
February 16, 2009Eaton to Provide Transmissions to Indian Truck Maker
Truck parts manufacturer Eaton Corp. said it has signed an agreement with India’s Tata Motors, that country’s largest automotive manufacturer, to provide heavy-duty truck transmissions through 2014.
February 16, 2009Trucking Sheds 24,900 Jobs
The trucking industry lost nearly 25,000 jobs in January, the highest monthly total ever except during a national strike in 1994, according to data from the Department of Labor.
February 16, 2009Truck Highway Safety Improves to Best Level, DOT Data Show
Two key safety indicators improved to their best-ever levels during 2007, according to data just released by the Department of Transportation and analyzed by Transport Topics.
February 16, 2009Congress Trims Road Funding in Stimulus Bill Compromise
Congress late last week was poised to pass a $789 billion economic stimulus package, which included less guaranteed funding for roads and bridges than industry officials had hoped for, but it also contained money for diesel engine retrofits and a tax break for buying new equipment.
February 16, 2009Obama Signs Stimulus Package Into Law
President Obama signed a $787 billion economic stimulus package into law last week that included about $27.5 billion in highway funding, some of which already is being put to use.
February 16, 2009