Meritor

Business, Technology, Equipment

Meritor Reports Lower Fiscal-Year Q1 Earnings, Revenue

Meritor logo Meritor via YouTube

Meritor Inc. reported a decline in net income, largely due to interest expenses, and a dip in revenue during its fiscal first quarter.

Roger Gilroy | Senior Reporter
February 3, 2021
Business, Equipment, Fuel

Meritor Reports Lower Profit, Revenue; Transition Plan Announced

Meritor exhibit 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.

Roger Gilroy | Senior Reporter
November 17, 2020
Business, Equipment, Safety

Meritor, DTNA Extend Air Disc Brake Deal

Meritor EX+ LS air disc brake 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
Business, Equipment

Meritor Fiscal Q4 Earnings Cut by Falling Demand

Meritor booth at industry show 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, 2020
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

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