Meritor

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
Business, Technology, Equipment

Suppliers Take Path to Alternative Powertrains

Cummins engine An X15 Cummins engine on display at an industry show this March. (John Sommers II for Transport Topics)

With interest in alternative powertrains heating up, a mix of suppliers and original equipment manufacturers discussed in their latest earnings reports how they are preparing to help customers who face more options than ever.

Roger Gilroy | Senior Reporter
May 7, 2019
Business, Technology, Equipment

Trucking Firms Large and Small Urged to Think Electric

Greg Treinen Greg Treinen, a sales and marketing manager at Daimler Trucks North America, said more than 30 fleets are involved in the company’s advisory council on electric trucks. (Jim Stinson/Transport Topics)

LONG BEACH, Calif. — Regional trucking firms should take a good long look at electric trucks, experts in the industry said.

Jim Stinson | Staff Reporter
April 24, 2019
Business, Equipment

Meritor Boosts First-Quarter Revenue, Net Income

Meritor eAxle A Meritor eAxle at a recent trucking industry trade show. (John Sommers II for Transport Topics)

Commercial vehicle supplier Meritor Inc. reported increased revenue and net income in its fiscal first quarter as well as new significant contracts with leading trailer makers.

Roger Gilroy | Senior Reporter
January 30, 2019
Business, Technology, Equipment

Meritor Announces Launch of 2019 Aftermarket Training Series

Meritor Inc. announced a 2019 aftermarket training series. The global aftermarket supplier will host more than 12 regional training events in the United States and Canada, offering support for parts, sales and service employees.

December 13, 2018

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