Meritor
Meritor Reports Lower Profit, Revenue; Transition Plan Announced
A Meritor exhibit at a past industry show. (John Sommers II for Transport Topics)
Meritor reported lower fiscal fourth-quarter net income and revenue. The company also announced President and CEO Jay Craig will transition to executive chairman of the board of directors Feb. 28.
November 17, 2020Meritor, DTNA Extend Air Disc Brake Deal
A Meritor EX+ LS air disc brake at an industry show. (John Sommers II for Transport Topics)
Meritor Inc. and Daimler Trucks North America announced that Meritor EX+ LS air disc brakes will be standard on all wheel positions on Freightliner Cascadia truck models through 2025.
November 16, 2020Meritor Fiscal Q4 Earnings Cut by Falling Demand
John Sommers II for Transport Topics
Meritor Inc. reported lower fiscal fourth-quarter net income and revenue, pointing to the COVID-19 pandemic’s effect on customer demand.
November 16, 2020Meritor Reaches Brake Shoe Production Milestone
John Sommers II for Transport Topics
Meritor Inc. recently produced its 100 millionth brake shoe at its Plainfield, Ind., manufacturing facility.
August 4, 2020Meritor Names Hannah Lim-Johnson Chief Legal Officer
The Meritor exhibit at an industry event. (John Sommers II for Transport Topics)
Meritor Inc. announced Hannah Lim-Johnson joined the company as chief legal officer.
August 3, 2020Meritor Posts Fiscal Q3 Loss, Steep Revenue Decline
A worker at the trailer axle assembly line at Meritor's Frankfort, Ky., plant. (Meritor Inc.)
Meritor Inc. reported a net loss and a broad decline in revenue in its fiscal-year third quarter amid decreased customer demand.
July 30, 2020Meritor Reports Fiscal Year Q2 Net Income Up, Revenue Down
Meritor Inc.
Meritor Inc. reported fiscal second-quarter net income rose and revenue declined.
April 30, 2020Meritor Terminates Agreement With Wabco
John Sommers II for Transport Topics
Meritor Inc. announced the distribution agreement between the company and a subsidiary of Wabco Holdings Inc. was terminated effective March 13.
March 18, 2020Meritor Reports Lower Net Income, Revenue for Fiscal First Quarter
Jay Craig by CNBC via YouTube
Commercial vehicle supplier Meritor Inc. reported lower net income and revenue for its fiscal-year first quarter, citing rapid declines in global end markets and restructuring costs, among other factors — at the same time highlighting its growing business opportunities with electric vehicles.
January 30, 2020Meritor Acquires Transportation Power
John Sommers II for Transport Topics
Meritor Inc. has acquired all the outstanding common shares of Transportation Power Inc., a company focused on developing electrical drive systems and related technology for manufacturers of trucks, school buses, refuse vehicles and terminal tractors.
January 21, 2020