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Truck parts and components maker Eaton Corp. said Monday it has sold its VORAD, or vehicle on-board radar, system to Bendix Commercial Vehicle Systems. Terms were not disclosed. |
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We have to stop going to California; that’s the bottom line. First, they (the ports) put emission standards on who could go into the ports in the Los Angeles area. |
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Navistar International Corp. Monday said its net income for its fiscal year 2009 ending Oct. 31, 2009, will be $370 million to $410 million, or $5.10 to $5.60 per share. |
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Construction spending fell 0.6% in November, the Commerce Department said Monday. |
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A commission created by Congress plans to release a report this month recommending increases in the federal taxes on diesel fuel and gasoline, the Associated Press reported. |
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U.S. manufacturing activity contracted at the fastest pace in 28 years in December, the Institute for Supply Management said. |
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EDITION: PAGE ONE
Week of
January 5, 2009
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November Tonnage Falls 1.8% November truck tonnage declined 1.8% on a seasonally adjusted basis from year-earlier levels and 15.4% on an unadjusted basis, delivering the latest evidence that the economic downturn is putting ever more pressure on fleets. |
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Diesel Price Declines to $2.327 The U.S. diesel average fell a combined 9.5 cents over the final two weeks of 2008 to $2.327 a gallon, ending the year at its lowest level since June 2005, the Department of Energy reported. |
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EPA Adopts Rule for Onboard Emissions Sensors The U.S. Environmental Protection Agency has formally approved a rule requiring heavy-truck manufacturers to install onboard diagnostic systems starting in 2010 to alert drivers when engine emission systems are malfunctioning or deteriorating. |
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Isuzu Selects SCR for 2010 Emissions Isuzu Commercial Truck of America has announced that it intends to use selective catalytic reduction to meet nitrous oxide emissions regulations that go into effect for U.S. diesel engines in 2010. |
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Eaton Sells VORAD System to Bendix Truck parts and components maker Eaton Corp. said Monday it has sold its VORAD, or vehicle on-board radar, system to Bendix Commercial Vehicle Systems. Terms were not disclosed. |
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GM, Chrysler Confront Dealer Reductions General Motors Corp. and Chrysler LLC are set to receive their first infusion of federal loans this week. While the funds are intended to keep the automakers afloat in the short-term, both companies face major hurdles in achieving a shared goal of trimming their dealer networks if they hope to remain viable in the long-term. |
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