meritor

Business, Equipment

Meritor in Agreement to Acquire AxleTech

Meritor A Meritor booth at an industry show. (John Sommers II for Transport Topics)

Meritor Inc. announced it entered into an agreement to acquire AxleTech from an affiliate of The Carlyle Group for $175 million to accelerate global sales and growth.

May 10, 2019
Business, Equipment

Meritor Profits Climb in Fiscal-Year 2Q

Meritor A Meritor e-axle on display at an industry show. (John Sommers II for Transport Topics)

Meritor Inc. reported fiscal-year, second-quarter gains in net income and revenue.

Roger Gilroy | Staff Reporter
May 1, 2019
Business, Equipment

Meritor Expands Service Point Program

Meritor Meritor products on a sales floor. (truckpartsandservice.com)

Meritor Inc. announced that 11 independent repair facilities in eight states are newly approved service partners of the Meritor Service Point program.

Transport Topics
October 1, 2018
Business, Equipment

Meritor Net Income, Revenue Post Double-Digit Gains in Fiscal Year 3Q

Meritor A Meritor MT-14X axle on display at 2016 MCE. (John Sommers II for Transport Topics)

Commercial vehicle supplier Meritor Inc. notched higher revenue and net income in its fiscal-year third quarter, citing new business wins and higher production in all of its major markets.

Roger Gilroy | Staff Reporter
August 2, 2018
Business, Equipment

Meritor Technologies Keep Crossing Borders

Chris Villavarayan, President, Global Truck, Meritor (Joseph Terry/Transport Topics)

ATLANTA — Meritor Inc.’s EX + L air disc brakes are soon to be standard on all new Freightliner Cascadia models, capping a component journey that began in Europe years ago.

Roger Gilroy | Staff Reporter
March 7, 2018
Business

Meritor Invests in TransPower

Meritor Booth John Sommers II for Transport Topics

Commercial vehicle supplier Meritor Inc. announced a strategic investment in TransPower, a provider of electrification technologies for large commercial vehicles. Terms of the transaction were not disclosed.

Transport Topics
December 11, 2017
Business

Meritor Reports Revenue Gains

Meritor Booth John Sommers II for Transport Topics

Commercial vehicle supplier Meritor Inc. reported fourth-quarter and full-year net income fell primarily due to a tax-related change, but revenue jumped in both periods.

Roger Gilroy | Staff Reporter
November 29, 2017
Business

Meritor Rides Improving Industry Fundamentals to Higher Profit, Revenue

Meritor trade show display Meritor Inc.

Commercial vehicle supplier Meritor Inc. reported net income and revenue rose in its fiscal third quarter, driven by broad increases in truck production plus new business wins.

Roger Gilroy | Staff Reporter
August 3, 2017
Business

Meritor Second-Quarter Results Off Year-Over-Year

TT File Photo

Meritor Inc. posted lower net income in its fiscal-year second quarter related to tax issues as revenue dipped.

Transport Topics
May 3, 2017
Business

Meritor Launches E-Commerce Platform for Aftermarket Parts

Meritor Inc.

Meritor Inc. announced the launch of MeritorPartsXpress.com, an e-commerce platform that makes it easier for U.S. and Canadian customers to shop for Meritor aftermarket parts on computers, smartphones or tablets.

Transport Topics
April 25, 2017

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