Monday January 26 2009

Resources

Heavy Duty Dialogue Registration Still Open, New Contributor Added to Lineup

RESEARCH TRIANGLE PARK, N.C. – Heavy Duty Dialogue ’09, with the theme of The Commercial Vehicle Industry in Transition, announces the addition of David Andrea, vice president, industry analysis and economics for the Original Equipment Manufacturers Association (OESA) as a contributor on the event Industry/Market Forecast panel.

In his position with OESA, Andrea administers several councils, coordinates research with outside consulting firms, assists with media relations and other special projects. Prior to joining OESA, Andrea was chief financial officer and director of the forecasting group at the Center for Automotive Research. Andrea was also chief economist with CSM Worldwide, equity investment analyst with Roney & Co. (now Raymond James) and with AutoPacific, Inc. Andrea also worked for eight years with the University of Michigan's Office for the Study of Automotive Transportation.

Caterpillar to Cut 20,000 of 113,000 Jobs

Heavy construction machinery manufacturer Caterpillar Inc. said Monday, Jan. 26, it would cut 20,000 jobs this year through layoffs and buyouts.

The Peoria, Ill.-based company said the job losses would take place in all of its businesses and in all of its facilities. It will cut about 4,000 production employees and around 7,500 management and support staff. Another 8,000 contractors not directly employed by the company will lose their positions. Most of the job reductions will happen in the first quarter.

The 12,000 company jobs represent about 11 percent of the company’s total workforce. Caterpillar currently employs about 113,000 workers.

Graves Outlines ATA’s Priorities

Speaking to the Los Angeles Area Chamber of Commerce, American Trucking Assns. (ATA) president & CEO Gov. Bill Graves detailed ATA’s priorities at the onset of the Obama administration and what he hopes can be accomplished over the next few years.

Graves said that ATA’s biggest priorities include the implementation of a national clearinghouse for drug and alcohol use; employer notification of road offenses, and tougher safety standards for new entrants.

Copper, Aluminum Pace Decline in Metals as U.S. Housing Shrinks

Copper, aluminum and nickel led declines in industrial metals in London on speculation that demand will weaken as the U.S. housing slump worsens. U.S. housing starts and permits to begin building probably dropped to record lows last month, economists said in Bloomberg News surveys before the Commerce Department report in two days. Construction is the biggest use for copper in the U.S., and prices slid 54 percent last year as the American recession reduced home buying.

Mack, Volvo Will Add OBD to 13L Diesel First

Recently issued Federal rules requiring on-board diagnostics (OBD) for heavy-duty diesel engines will be met with a combination of existing sensors already in place and “a handful of new sensors,” according to Steve Berry, director of government relations for Volvo Powertrain North America, the subsidiary that builds engines for both Mack Trucks and Volvo Trucks North America.

Navistar Defense Lands $79 mil Army Contract

Navistar Defense has been awarded nearly $79 million by the U.S. Army TACOM Life Cycle Management Command to provide 328 fuel trucks and 277 water tankers, all customized from the WorkStar platform, for use by U.S. troops overseas.

Under the terms of the contract, Navistar will provide the Army with approximately 40 percent of the vehicles in 2009, with the remaining units to be delivered by the end of July 2010. The award is in addition to $2.3 billion in military contracts for 2009 announced earlier this month.

Navistar and Ford Revise Their Collaboration Agreement

Ford Motor Company and Navistar International have reached an agreement to restructure their ongoing business relationship and settle all existing litigation between the companies. As a result of the agreement, the companies will end their current diesel engine supply agreement effective Dec. 31, 2009. However, they will continue to collaborate on a range of initiatives, including their existing Blue Diamond Truck and Parts joint ventures.

Eaton to Cut 5,200 Jobs in a Second Wave of Worker Reductions

Eaton Corp., the Cleveland-based maker of motor vehicle parts and aircraft fuel pumps, plans to slash 5,200 more jobs worldwide amid weak demand after already shedding 3,400 workers last year.

The two rounds of reductions represent about 10 percent of the workforce, and the company began notifying employees yesterday, spokeswoman Kelly Jasko said in a phone interview.

Bankruptcy Fears Grip Auto-Parts Suppliers

Some of the nation's largest auto-parts makers are planning for potential bankruptcy filings, or are scrambling to avoid them, amid uncertainty about Washington's willingness to increase its $17.4 billion bailout plan for Detroit's Big Three auto makers.

Visteon Corp., one of Ford Motor Co.'s biggest parts suppliers, has hired legal and financial advisers to prepare for possible bankruptcy proceedings, said people familiar with the matter. The hirings don't mean a bankruptcy filing is imminent, these people said.

Volvo to launch Volvo Bus brand in North America

Volvo Buses is to launch the Volvo 9700 in the US and Canada under the Volvo brand, the first time the brand will have been seen on buses in the region in more than 20 years. Volvo Bus Corporation has already substantial operations in North America through its Canadian subsidiaries Prevost and Nova Bus, but is now launching Volvo branded buses in North America to coincide with the UMA coach trade show in Orlando, Florida.

"Prevost offers the most luxurious coaches available in North America today," says Tore Baeckstroem, senior vice president responsible for Volvo Buses' North and South America business area. "By launching the Volvo 9700 in the segment slightly below the Prevost coaches, we foresee good possibilities to further enhance our penetration within tour & charter and line haul traffic."

Accuride Corporation's CEO Bill Lasky Named Chairman of the Board

EVANSVILLE, Ind. -- Accuride Corporation announced Wednesday that its Board of Directors has appointed William M. (Bill) Lasky, Accuride's President and Chief Executive Officer, to the additional role of Chairman of the Board, effective immediately. Lasky succeeds Terrence J. (Terry) Keating, who has tendered his resignation as the Board's Chairman and as a Director effective Wednesday.

"We wish Terry well in his retirement and thank him for his years of service to Accuride's Board of Directors and for his leadership and insight as Accuride's former President and CEO," said Don Johnson, Accuride's Lead Independent Director.

Senator Tells of Vision for Raising US Competitiveness

Senator Mark Warner (D-Virginia) on January 19 offered to work closely with manufacturers to forge a “clearly articulated, comprehensive, national competitiveness strategy” in an address to more than 100 manufacturers at the National Association of Manufacturers (NAM) Leadership Luncheon, held in conjunction with the inaugural celebration for President-elect Barack Obama.

Warner said there is a great worldwide race “on for the future” to determine who will lead the 21st century, and that “America has no national plan to get in, and win, that race during a time of transformative change.”

Coca-Cola Claims Nation's Largest Hybrid Delivery Truck Fleet

Coca-Cola Enterprises on Friday, Jan. 16, announced plans to deploy an incremental 185 hybrid-electric trucks across the United States and Canada in 2009, bringing their total number of hybrid-electric delivery trucks to 327, the largest such fleet in North America.

Stan Meiburg, deputy regional administrator of the U.S. Environmental Protection Agency, presented CCE with a leadership award on behalf of the Southeast Diesel Collaborative for the company's commitment to hybrid vehicles to reduce diesel emissions. "EPA is proud to recognize the efforts of Coca-Cola Enterprises to improve air quality and protect public health," Meiburg says. "Emissions from diesel engines are a serious public health threat and environmental challenge, and reducing these emissions is a priority for EPA."

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