Meritor Reports Sales Down 22%
Meritor Inc. reported financial results for its second fiscal quarter ended March 31, 2013, which included that its sales were $908 million, down $252 million or 22 percent, from the same period last year.
Meritor Inc. reported financial results for its second fiscal quarter ended March 31, 2013, which included that its sales were $908 million, down $252 million or 22 percent, from the same period last year.
Dan England, chairman of C.R. England, has announced a reorganization and new titles for members of the senior leadership team. The reorganization comes as a result of the death of former CEO Wayne Cederholm on April 9, 2013.
Arkansas Best Corp. reported a first quarter 2013 net loss despite continued encouraging trends in its emerging businesses. Year-over-year revenue and tonnage growth at LTL carrier ABF Freight System, Inc., were offset by higher wage and benefit costs for employees represented by the International Brotherhood of Teamsters.
Meritor Inc. announced it has signed a purchase and sale agreement to sell its 50% ownership interest in Suspensys Sistemas Automotivos LTDA to its joint venture partner Randon S.A. Implementos E Participacoes.
TravelCenters of America opens two newly built truck service facilities with 10 always open service bays.
Tony, a 550-lb, 12-year-old Bengal-Siberian tiger that lives in a 40 by 80 foot pen at the Tiger Truck Stop in Grosse Tete, La. may soon need a new home.
The International Brotherhood of Teamsters and United Parcel Service have reached tentative agreements on new five-year national contracts for package and freight workers.
FMCSA declares driver who stuck and killed a gir getting off a school bus to be an imminent hazard to public safety and has ordered him off the road.
The welcome center on I-24 in Christian County to close for roadway repairs.
Delays can be expected on the south side of Minneapolis as construction hobbles Interstates 35E and 35W at the I-494.
Yokohama announces plans to built a 500 acre, $300 million commercial tire plant in West Point, Miss.
New Hampshire Governor Maggie Hassan is ready to sign a 70 mph speed limit into law.
FMCSA eliminates manual violation reporting requirement for CDL holders.
Federal officials recently released the contents of an affidavit, which helped them secure authorization for the raid of the Pilot Flying J headquarters is Knoxville, Tenn. on April 15.
President Obama will nominate Charlotte, N.C., mayor Anthony Foxx to be Secretary of Transportation, news sources are reporting. Foxx would replace Ray LaHood, who has said he would serve until a successor is confirmed.
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