Business, Equipment

American Axle’s 4Q Income Rises

American Axle & Manufacturing Holdings’ fourth-quarter net income rose to $319.9 million, or $4.21 per share — which included a $337.5 million tax benefit — from $31.1 million, or 41 cents, a year earlier.

Transport Topics
February 14, 2013
Business, Equipment

Cummins Adds Market Share as Navistar, Paccar Decline

Independent engine maker Cummins Inc. extended its lead as the primary supplier to the North American heavy-duty diesel truck market last year, growing its market share to 40.4%, from 39.1% in 2011, reported.

February 11, 2013
Business, Equipment

Cummins’ 4Q Income Declines

Cummins Inc.’s fourth-quarter operating profit and sales fell on weaker North American trucking and construction markets, the engine maker said Wednesday.

Transport Topics
February 6, 2013
Business, Equipment

Eaton’s Fourth-Quarter Earnings Drop

Eaton Corp. said Tuesday its fourth-quarter earnings fell 50% on charges related to its $13 billion acquisition of Ireland-based Cooper Industries.

Transport Topics
February 5, 2013
Business, Safety, Equipment, Government, Autonomous

December Used Truck Sales Decline, ACT Reports

Used Class 8 truck sales declined in December from a year earlier as vehicle prices increased and average mileage trickled lower, according to ACT Research.

February 4, 2013
Business, Equipment

Meritor Reports Fiscal 1Q Loss

Meritor Inc. reported a loss for its fiscal first quarter, citing weaker conditions outside of North America.

Transport Topics
January 30, 2013
Equipment, Business

Fleets Turning to Aftermarket for Parts, to Avoid Shortages, Find New Products

LAS VEGAS — Fleet executives said they are turning to the aftermarket to avoid potential parts shortages and also are finding value in performing more maintenance in-house.

January 28, 2013
Business, Technology, Equipment

ATA Adds Drivewyze PreClear to Its Featured Products List

American Trucking Associations said Wednesday it has added the electronic weigh station pre-clearance system, Drivewyze PreClear, to its group of featured products for the trucking industry.

Transport Topics
January 23, 2013
Government, Business, Technology, Equipment

Rules on Drug, Alcohol Clearinghouse, E-Logging Near Release, FMCSA Says

WASHINGTON — Federal Motor Carrier Safety Administration officials said they are planning to release at least five new proposed or final rules in 2013, including a supplemental proposed electronic logging device rule and a proposed drug and alcohol clearinghouse rule by the end of March.

January 21, 2013
Business, Equipment

Michelin Plans Expansion at Nova Scotia Truck Tire Plant

Michelin North America announced a C$73 million expansion to its truck tire plant in Waterville, Nova Scotia.

Transport Topics
January 18, 2013