Transport Topics Magazine
Tom Linebarger, who will become Cummins Inc.’s next chairman and CEO on Jan. 1, said the company is well positioned to meet the competition of North American truck makers offering “vertically integrated” packages of their own trucks and engines.
Cummins’ board appointed Linebarger, currently the company’s president and chief operating officer, to replace Tim Solso, who is retiring on Dec. 31.
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Fleet Owner Magazine
Overall, carriers are reporting strong gains in revenues and earnings for the second quarter this year, with expectations that this trend should continue despite a softening of the U.S. economy.
I would characterize the overall second quarter freight environment as a little choppy, but moving in an upward direction [while] pricing continued to be strong,” noted Henry Gerkens, chairman, president & CEO of Landstar System Inc., in the company’s quarterly earnings report.
Transport Topics Magazine
Truck and auto components maker Eaton Corp. said Monday its second-quarter profit rose 47 percent as its truck unit’s sales rose to a quarterly record.
Eaton’s net income rose to $336 million, or 97 cents per share, up from $226 million, or 66 cents, a year ago. Sales rose 21 percent to $4.09 billion.
Overdrive Magazine
The California Air Resources Board on July 21 approved up to $40 million for the third year of funding to promote the purchase of next-generation clean cars, trucks and off-road equipment.
Californians will be able to use vouchers or rebates on a first-come first-served basis toward the purchase of zero-emissions or plug-in hybrid cars and zero-emissions or hybrid trucks and buses.
Truck Parts and Service Magazine
The Board of Directors of the Commercial Vehicle Solutions Network (CVSN) announces that FleetPride, Inc. was recently approved as a new CVSN member.
“FleetPride is a supporter of a strong independent channel and its critical role in serving the transportation industry,” says Lee Stockseth, Fleetpride’s chief operating officer. “Because CVSN is comprised of the premier aftermarket distributors and is committed to the advancement of its independent members and the industry as a whole, we are pleased to be a part of this organization.”
Peter Kirsanow – National Review
The National Labor Relations Board is poised to issue new union-election rules that will significantly increase the number of unionized workplaces while at the same time severely restricting employers’ involvement in the determination to unionize their businesses and forcing employees to make an uninformed choice regarding the decision to unionize.
The NLRB held hearings on the proposed rules earlier this week. I argued against issuance of the rules on behalf of the National Association of Manufacturers — the nation’s largest industrial trade association — saying that although the rules would be enormously beneficial to unions, they would be profoundly harmful to employees, employers, and the economy. NAM was at the forefront of defeating the Employee Free Choice Act, or “card check.” These proposed NLRB rules promise to achieve the primary objectives of EFCA — easing union organization and vastly increasing the number of unionized workplaces — by administrative rule, without the need for tough congressional votes.