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Business, Safety, Technology, Equipment

GPS Market to Reach $240 Billion in Five Years, Report Says

Global Positioning System location-finding and navigation services are generating increasing revenue as the satellite-based technology is embedded in a wider range of mobile devices, according to a report from the European firm ABI Research.

June 9, 2008
Business, Equipment

Cummins Plans Layoffs at Indiana Pickup-Engine Plant

Diesel engine maker Cummins Inc. plans to temporarily lay off 125 workers from its midrange engine plant in Indiana because of declining pickup truck demand, the Associated Press reported Monday.

June 2, 2008
Business, Safety, Government, Technology, Equipment

U.S. Xpress Completes Pinner Purchase

Truckload carrier U.S. Xpress Enterprises said its Xpress Global Systems subsidiary finalized its purchase of Pinner Transportation. Terms were not released.

June 2, 2008
Business, Technology, Equipment, Safety

Iteris Reports Higher Income for Quarter, Fiscal Year

Iteris Inc., which makes lane-departure warning systems for the trucking industry, reported its fiscal fourth-quarter profit improved from a year ago.

June 2, 2008
Business, Equipment

Tom Linebarger Named Cummins’ Next President

Diesel engine maker Cummins Inc. said it named Tom Linebarger to replace Joe Loughrey as the company’s president and chief operating officer, effective Aug. 1.

May 30, 2008
Fuel, Business, Safety, Equipment, Government

Ford, American Axle Plan Job Cuts

Ford Motor Co. plans to lay off up to 12% of its salaried employees by August as part of a restructuring in the face of slumping sales and high fuel prices, the Associated Press reported Wednesday.

May 28, 2008
Business, Technology, Equipment, Safety

Williford to Lead Ryder’s Supply Chain Unit

Ryder System said Wednesday it appointed John Williford to serve in the newly created position of president of Ryder's global supply chain solutions unit.

May 28, 2008
Business, Fuel, Government, Equipment

As Tire Retreading Market Grows, So Do Counterfeits, Look-Alikes

As fuel prices have skyrocketed, trucking companies have been forced to look closer at other parts of their businesses to trim costs.

May 26, 2008
Business, Safety, Equipment

UAW Approves American Axle Contract

Auto parts supplier American Axle and Manufacturing Holdings said Friday it expects production to resume next week after union workers overwhelmingly approved a new contract that contains steep pay cuts and other concessions, the Associated Press reported.

May 23, 2008
Business, Equipment

Bridgestone Buys Stake in Japanese Tire Maker

Tire maker Bridgestone Corp. will take an 8.7% in Japan’s Toyo Tire, which will in turn purchase 0.5% of Bridgestone, the two said in a statement, Bloomberg reported.

May 21, 2008