Meritor

Business, Equipment, Safety

Meritor Reaches Brake Shoe Production Milestone

Meritor booth at industry show John Sommers II for Transport Topics

Meritor Inc. recently produced its 100 millionth brake shoe at its Plainfield, Ind., manufacturing facility.

August 4, 2020
Business, Equipment

Meritor Names Hannah Lim-Johnson Chief Legal Officer

Meritor exhibit 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, 2020
Business, Equipment

Meritor Posts Fiscal Q3 Loss, Steep Revenue Decline

Meritor worker on trailer axle assembly line 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.

Roger Gilroy | Senior Reporter
July 30, 2020
Business, Equipment

Meritor Reports Fiscal Year Q2 Net Income Up, Revenue Down

Meritor Meritor Inc.

Meritor Inc. reported fiscal second-quarter net income rose and revenue declined.

Roger Gilroy | Senior Reporter
April 30, 2020
Business, Technology, Equipment

Meritor Terminates Agreement With Wabco

Meritor booth at industry show 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, 2020
Business, Equipment

Meritor Reports Lower Net Income, Revenue for Fiscal First Quarter

Jay Craig 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.

Roger Gilroy | Senior Reporter
January 30, 2020
Business, Equipment

Meritor Acquires Transportation Power

Meritor booth at industry show 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.

Roger Gilroy | Senior Reporter
January 21, 2020
Business, Equipment

Meritor Offers New e-Axles for Global Market

Meritor EX+LS Meritor displays its new EX+ LS air disc brake at NACV in Atlanta. (John Sommers II for Transport Topics)

ATLANTA — Meritor Inc. announced it expanded its electric drivetrain business and developed friction material with reduced levels of copper ahead of the regulatory deadline, launched an air disc brake package and enhanced certain axles.

Roger Gilroy | Senior Reporter
November 5, 2019
Business, Equipment

Meritor Launches Weight-Saving Suspension for Vocational Trailers

Meritor Inc. introduced its MTA-Tec6 suspension, calling it the market’s lightest trailer suspension. It offers up to 23,000-pound capacity for tankers, flatbeds and other demanding vocational applications.

October 4, 2019
Business

Meritor’s Net Income Up 34.4% in 3Q

Meritor booth at industry show Meritor booth at industry show by John Sommers II for Transport Topics

Meritor Inc. reported net income rose 34.4% to $86 million, or $1 per diluted share, for its third quarter ended June 30.

Jim Stinson | Staff Reporter
July 31, 2019

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