Business Wire
Oshkosh Defense, a division of Oshkosh Corporation (NYSE:OSK), will deliver nearly 7,000 additional Family of Medium Tactical Vehicles (FMTV) trucks and trailers to the U.S. Army following an order from the U.S. Army TACOM Life Cycle Management Command (LCMC). Oshkosh has now received orders for nearly 26,000 FMTV trucks and trailers, and is delivering vehicles to meet the Army's delivery schedule.
"We continue to support the Army on this successful program with the on-time delivery of very high-quality, Oshkosh-built FMTV trucks and trailers," said Mike Ivy, vice president and general manager of Army Programs for Oshkosh Defense. "Our robust manufacturing capabilities, combined with the exceptional value Oshkosh brings to this program as a specialty vehicle manufacturer, prompted the Army to order more vehicles at an earlier point in the program than they had anticipated before the award to Oshkosh."
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Stoughton, WI - Aug. 1, 2011 -- Nelson Global Products Inc., a global leader in the design and manufacture of tubular and exhaust products for commercial vehicle markets, has acquired Morton Industries LLC and Bradley Services Inc. (BSI), both of Morton, IL, effective immediately.
Morton Industries and BSI will continue to operate under the leadership of Chris Ober, their current President, and his experienced management team.
Overdrive Magazine
Used Class 3-8 truck sales in June increased 9 percent over May despite a lack of available inventory, said ACT Research Co. For the year, used sales are 6 percent behind last year’s pace.
Meanwhile, the firm reported net trailer orders in June dropped 26 percent from May, the third consecutive monthly decline.
Fleet Equipment Magazine
In June, NHTSA published its Final Environmental Impact Statement, in which it noted, "Emissions from the United States account for about 17.4 percent of the total global CO2 emissions. The U.S. transportation sector contributed 31.2 percent of the total U.S. CO2 emissions in 2009 with heavy-duty vehicles accounting for 21.2 percent of total U.S. CO2 emissions from transportation. Thus, 6.6 percent of total U.S. CO2 emissions come from heavy-duty vehicles."
To address these concerns, starting in model year 2014, the proposed standards cover 18-wheeler tractor-trailer type vehicles down to the largest pickup trucks and vans, and all types and sizes of work trucks and buses in between—fire and rescue trucks, logging trucks, dump trucks, flat-bed trucks, trucks equipped with cranes and lifts, cement mixers, refrigerated trucks, cargo and step vans. These vehicles make up the transportation segment’s second-largest contributor to oil consumption and greenhouse gas (GH) emissions.
Canada’s gross domestic product fell in May by the most in two years due to temporary disruptions in the mining and oil and gas sector, government data showed.
Output fell 0.3 percent in May to C$1.26 trillion ($1.32 trillion) on a seasonally adjusted basis, after being little changed in April and gaining 0.3 percent in March, Statistics Canada said today in Ottawa. Economists in a Bloomberg survey forecast the economy would grow 0.1 percent, based on the median of 24 responses.