Cummins Maintains Engine Share Lead, But Continues to Lose Ground to OEMs
Truck makers sold more of their own engines in the first half of 2015 as they continue to encroach on Cummins Inc.’s industry-leading market share.
August 10, 2015FMCSA Sends ELD Rules to OMB
The White House Office of Management and Budget is in possession of FMCSA’s electronic logging device and prohibition of coercion rules, and soon will begin its review of them, usually the last step before official publication.
July 30, 2015Agility CEO Engle Stepping Down for Position at General Motors
Agility Fuel Systems CEO Barry Engle will leave his post for an executive vice president position with General Motors, the natural-gas fuel systems manufacturer said July 28.
July 29, 2015Cummins Reports Higher 2Q Profit as Heavy-Duty Engine Sales Rise
Cummins Inc. said its second-quarter profit increased 6% and reported sales growth for its heavy-duty truck engines.
July 28, 2015Wabash Reports Higher 2Q Earnings, Trailer Shipments
Wabash National Corp. said second-quarter earnings jumped 76% as trailer shipments increased from a year ago.
July 28, 2015Senate Limits Debate, Inches Closer to Vote on Highway Bill
The Senate late on July 27 agreed to limit debate on a six-year highway bill, paving the way for final passage within days.
July 27, 2015Alcoa Forms New Unit for Commercial Wheels
Alcoa Inc. has created a division to focus on the commercial wheels business as part of a corporate realignment.
July 27, 2015Navistar Challenges Competitors to Fuel-Economy Showdown
Navistar said it invited each of its Class 8 competitors to participate in a performance test comparing fuel economy of their best performing truck against its International.
July 27, 2015Accuride Net Income Rises 19%, Helped by Stronger Demand
Trucking supplier Accuride Corp. reported 19% higher net income from continuing operations of $6.1 million, or 13 cents per share for the second quarter, helped by stronger industry demand in its wheels segment.
July 27, 2015Cummins Opens Singapore Logistics Hub
Cummins Inc. has opened a $5.4 million global logistics hub in Singapore to enhance its worldwide support network for product distribution.
July 24, 2015