Meritor Inc. reported fiscal second-quarter net income dipped and revenue increased primarily driven by higher truck production in most global markets and pricing actions.
May 3, 2022Meritor
Business, Technology, Equipment 
A Meritor booth at an industry show. (John Sommers II for Transport Topics)
Meritor Reports FY Q2 Revenue Climbs on Demand, Higher Pricing
A Meritor booth at an industry show. (John Sommers II for Transport Topics) Business, Technology, Equipment, Breaking News 
Cummins' engine plant in Columbus, Ind. The value of the deal to — at a price of $36.50 a share of Meritor stock — includes assumed debt and net of acquired cash.
Cummins to Buy Parts Manufacturer Meritor for $3.7 Billion
Cummins' engine plant in Columbus, Ind. The value of the deal to — at a price of $36.50 a share of Meritor stock — includes assumed debt and net of acquired cash. Engine maker Cummins Inc. is acquiring components manufacturer Meritor in a $3.7 billion cash deal announced Feb. 22.
February 22, 2022 Business, Technology, Equipment 
Meritor via YouTube
Meritor Reports Higher Income, Revenue in FY Q1
Meritor via YouTubeMeritor Inc. reported quarterly net income nearly doubled and revenue climbed by about 11%, and cited a rising truck market in multiple regions compared with a year earlier.
February 7, 2022 Business, Technology, Equipment 
The 14Xe powertrain showing individual axle control. (Meritor via YouTube)
Meritor Forecasts Electrification Will Bring $1.5 Billion in Revenue by 2030
The 14Xe powertrain showing individual axle control. (Meritor via YouTube)Meritor Inc. announced several new business awards that expand its role in vehicle electrification, including the medium-duty segment, and broaden its global reach to offset the cyclical North American truck market, its largest customer base.
December 8, 2021 Business, Technology, Equipment 
John Sommers II for Transport Topics
Meritor Notches Higher Q4 Net Income, Revenue
John Sommers II for Transport TopicsMeritor Inc. reported higher fiscal year fourth-quarter net income and revenue thanks to higher global truck production.
November 17, 2021 Business, Technology, Equipment, Fuel 
Shell’s energy transition involves multiple options including biofuels, electric charging, natural gas, renewables and hydrogen refueling. (Shell)
Shell, Meritor Make Case for Lower Emissions
Shell’s energy transition involves multiple options including biofuels, electric charging, natural gas, renewables and hydrogen refueling. (Shell)LONG BEACH, Calif. — Shell and Meritor Inc. have withstood abrupt changes in an evolving transportation industry because of their ability to adapt to new technologies.
September 7, 2021 Business, Equipment 
John Sommers II for Transport Topics
Meritor Reports Higher Revenue, Lower Income in FY Q2
John Sommers II for Transport TopicsMeritor Inc. reported higher fiscal second-quarter revenue and lower net income reflecting, respectively, strong truck production and a previous distribution agreement termination.
May 4, 2021 Business, Technology, Equipment 
Meritor via YouTube
Meritor Reports Lower Fiscal-Year Q1 Earnings, Revenue
Meritor via YouTubeMeritor Inc. reported a decline in net income, largely due to interest expenses, and a dip in revenue during its fiscal first quarter.
February 3, 2021 Business, Equipment, Fuel 
A Meritor exhibit at a past industry show. (John Sommers II for Transport Topics)
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, 2020 Business, Equipment, Safety 
A Meritor EX+ LS air disc brake at an industry show. (John Sommers II for Transport Topics)
Meritor, 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, 2020