Transport Topics Magazine
Orders for new Class 8 trucks in North America more than doubled in December from the same month in 2009 and totaled more than 25,000 units, two research organizations reported.
ACT Research Co., Columbus, Ind., reported Jan. 5 that truck manufacturers had received orders for 25,500 new Class 8 vehicles in the month, up 115% from the previous December.
The MEMA Legislative Summit will be held Wednesday, March 2, to Thursday, March 3, in Washington DC.
HDMA member companies will again have the opportunity to provide exhibits during the Congressional Reception and Supplier Fair. Participation in the Supplier Fair gives companies a greater opportunity for visibility at the Summit and provides reception attendees with an opportunity to learn about the many facets of the supplier industry.
Dow Jones News Service
Navistar International Corp. (NAV) Chairman and Chief Executive Dan Ustian is swimming against a current of skepticism about his company's engine strategy.
Since 2008, when the commercial truck maker opted to address the latest federal standard for nitrogen oxide emissions in diesel-engine exhaust with a treatment system different from the approach used by the rest of the truck industry, Ustian has been subjected to ceaseless second-guessing by others in the industry and the company's investors.
NEW ALBANY, OHIO, January 31, 2011 – Commercial Vehicle Group, Inc. (Nasdaq: CVGI) announced today that it has acquired substantially all of the assets of Bostrom Seating, Inc.(“Bostrom”), a seat supplier to the North American heavy truck, aftermarket, bus and specialty vehicle markets. Bostrom, a division of Accuride Corporation, Inc. (NYSE: ACW), has one owned manufacturing facility in Piedmont, Alabama which employs approximately 135 associates and an engineering office in Wixom, Michigan.
“This acquisition further expands our North American presence in certain key end markets and enhances our overall aftermarket position with the addition of the Bostrom Seating brand of products,” said Mervin Dunn, President and Chief Executive Officer of Commercial Vehicle Group. “Bostrom’s product offering and position in the commercial vehicle seating market, along with our existing operations and strong National and KAB Seating brands make this a strategic opportunity for us. We look forward to working with Bostrom’s employees, customers and suppliers as we move forward together,” added Dunn.
Transport Topics Magazine
Truck tonnage rose 4.2% in December from a year ago to its highest level in more than two years, American Trucking Associations said Tuesday.
The upturn left the index at a reading of 111.6, ATA said in its monthly seasonally adjusted for-hire truck tonnage report. The index uses the year 2000 as its baseline reading of 100. It was the highest level since September 2008.
Truckinginfo.com
Daimler Trucks North America is marking the production of its 1,000th hybrid electric vehicle with a celebration at its Mt. Holly, NC plant. The 1,000th vehicle - a Freightliner Business Class M2 106 Hybrid truck, manufactured at the Mt. Holly plant.
"DTNA has worked closely with our partners and customers to develop leading-edge hybrid solutions that shape future transportation by maximizing fuel efficiency while also benefiting the environment," said Mark Lampert, senior vice president of sales and marketing for DTNA. "And it is because of the shared dedication between us, our partners and customers that we were able to reach this important 1,000thvehicle milestone."
Light & Medium Truck
President Obama said he will intensify efforts to repair the nation’s roads, bridges and mass transit systems, calling the work necessary to create jobs and compete with nations that have made those investments, Bloomberg News reported.
In his State of the Union address Tuesday, Obama said he will look to attract more private capital for big projects. Details on the spending and programs won’t be provided until the budget is released next month, White House press secretary Robert Gibbs said before the speech, Bloomberg said.