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Business, Equipment

Tough Times Lead More Fleets to Retreads

The retread business is booming at Snider Tire Inc. — so much so that the Greensboro, N.C., company is building a sixth plant to fulfill its half-million yearly orders for Michelin retreads.

February 28, 2011
Business, Equipment

Philadelphia Manufacturing Index Improves

Manufacturing activity in the Philadelphia region improved in February month for a fifth straight month, the Federal Reserve Bank of Philadelphia said Thursday.

February 17, 2011
Business, Safety, Equipment, Autonomous

Class 8 Truck Orders Soar 320%

January orders for new Class 8 trucks skyrocketed 320% to 27,000 from the year-ago level, a clear sign that the industry will enjoy a stronger 2011, two research organizations said last week.

February 14, 2011
Government, Business, Technology, Equipment

Truckload Carriers Association Opposes EOBR Proposal

The 700-member Truckload Carriers Association plans to oppose a proposed federal mandate requiring the use of electronic onboard recorders because there is no evidence that the technology will improve highway safety, the association’s president said.

February 14, 2011
Business, Equipment

Cummins Maintains Top Spot in Heavy-Duty Engine Market

Cummins Inc. maintained its market-share lead in Class 8 engines during 2010, although Detroit Diesel Corp. grabbed a bigger portion of the market, according to

February 14, 2011
Business, Equipment

Yokohama to Boost Auto, Light-Truck Tire Prices 8%

Yokohama Tire Corp. said Friday it will increase prices by up to 8% on all of its consumer tires, which include passenger, performance and light-truck tires, effective March 1.

February 11, 2011
Business, Equipment

Goodyear Posts Loss; Sales Rise as Tire Maker Sees Stronger 2011

John Quinn/Bloomberg News

Goodyear Tire & Rubber Co. Thursday reported a fourth-quarter loss but projected 3% to 5% growth in tire sales this year and said it would close a Tennessee plant to cut costs.

February 10, 2011
Business, Equipment

Cummins Approves $1 Billion Stock Buyback

Cummins Inc.’s board approved the repurchase of up to $1 billion in stock to “improve shareholder value,” the company said Tuesday.

February 8, 2011
Government, Business, Technology, Equipment

U.S. Seeks EOBR Mandate

The Federal Motor Carrier Safety Administration last week proposed requiring nearly all interstate commercial motor carriers to install electronic data recorders to monitor their drivers’ hours-of-service compliance.

February 7, 2011
Editorial, Business, Equipment

Concern Over Tire Prices, Supply

There were more signs of the trucking industry’s resurgence last week, as a number of publicly-held fleets reported improved earnings, while analysts said trailer and used trucks sales surged during 2010.

February 7, 2011