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Meritor Reports Higher Profit on Lower Sales

Meritor's sales declined, but earnings rose 18% for its fiscal quarter ended March 31. Meritor reported revenue of $1.16 billion, although analysts had expected revenue of $1.19 billion on the same basis. GAAP reported sales were 2.7% lower than the prior-year quarter's $1.19 billion

Navistar Acquires Assets of E-Z Pack Manufacturing

Navistar Inc. is acquiring certain assets of E-Z Pack Manufacturing, including intellectual property. The announcement was made at Waste Expo 2012, North America's largest solid waste and recycling industry trade show. Terms of the transaction were not disclosed

Containerized Exports Rebound in March

Containerized Exports Rebound in March

Driven by a surge in furniture and auto parts shipments to the U.S., containerized imports in March rose 7.3% over 2011. This increase to 1.37 million 20-foot-equivalent units came on the heels of a 5.9% decline in February

Driver Posthumously Named TCA Highway Angel

Raul C. Perez Jr. was posthumously named a Highway Angel after he was killed while checking on a...

The Truckload Carriers Association is honoring a professional truck driver who was killed while attempting to help an accident victim. Raul C. Perez Jr., who drove for Aquatic Trucking Co. of Lancaster, Texas, has been named TCA's latest Highway Angel

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