Navistar adopts poison pill strategy August 1, 2014 CHICAGO (April 26) -- Navistar International Corp. indicated that it has no intention of being a takeover target with the adoption of a "poison pill" strategy last week to help war
Courier complaints about Canada Post/Purolator deal unfounded August 1, 2014 TORONTO (April 27) -- Canada Post has no plans to merge its express operations with those of Purolator Courier, of which the federally-owned postal agency owns 96%. The Canadian
Five Canadian suppliers earn Freightliner distinction August 1, 2014 PORTLAND, Ore. (April 26) -- Five Canadian parts suppliers are among 30 firms recognized by Freightliner Corp. as "Masters of Quality" for their achievements in 1998. To qualif
Navistar to boost engine production with investments in Indianapolis, Alabama August 1, 2014 HUNTSVILLE, Ala. (April 27) -- Navistar International Corp. plans to expand production at its Indianapolis engine plant and invest $250 million to buy and renovate an Alabama facto
DOT watchdog suggests new agency to oversee truck safety August 1, 2014 WASHINGTON, D.C. (April 28) -- The idea of putting federal enforcement of truck safety into a separate motor carrier administration within the Dept. of Transportation appears to be
The Associates trims its Canadian lending presence August 1, 2014 DALLAS (April 28) -- Associates First Capital Corp. will sell 41 of its Canadian consumer finance branches to Citigroup's Commercial Credit Corp./CCC Ltd. Terms were not disclosed.
Petro-Canada would ‘welcome’ Ottawa’s divestment August 1, 2014 CALGARY (April 28) -- Petro-Canada's chief executive said he would welcome a decision by Ottawa to sell its 18% stake in the oil producer and refiner, but hasn't asked for one.
DaimlerChrysler may sell its stake in Detroit Diesel — or offer to buy the whole company August 1, 2014 NEW YORK (April 28) -- Less than a week after Detroit Diesel Corp. reported record first-quarter net income, DaimlerChrysler chairman Jurgen Schrempp said his company was debating
Detroit Diesel confirms interest in buying back stake from DaimlerChrysler August 1, 2014 DETROIT (April 28) -- Engine maker Detroit Diesel Corp. wants to remain independent and is interested in buying back DaimlerChrysler AG's 20% share in the firm, chairman Roger Pens
UPS adds a sales team for electronic deliveries and e-commerce products August 1, 2014 ATLANTA (April 29) -- UPS fired the latest volley in the e-commerce revolution today, announcing the formation of a special electronic commerce sales force and technical support te
CFMS delegates hear the case for renewal August 1, 2014 TORONTO (April 29) -- The Canadian Fleet Maintenance Seminar seems bound to alter its 36-year course in the near future, but nothing was resolved at a panel session on Tuesday afte
Lewis wins maintenance manager award August 1, 2014 TORONTO (April 29) -- John Lewis, fleet and safety manager at SLH Transport in Kingston, Ont., has won the 1999 Canadian Fleet Maintenance Manager Award. Sponsored by Volvo Trucks
Roadside smoke-tests in B.C. to begin May 1 August 1, 2014 VANCOUVER (April 29) -- British Columbia will expand its AirCare emissions testing program to include diesel-powered trucks and buses this week, with two mobile teams of inspectors
Paccar shows record earnings, but chairman warns of ‘softening’ market August 1, 2014 BELLEVUE, Wash. (April 29) -- Strong truck demand and improved margins, particularly in the U.S., contributed to record first quarter earnings at Paccar Inc., maker of Kenworth, Pe
Schneider National will equip its 43,000-trailer fleet with satellite tracking August 1, 2014 GREEN BAY, Wisc. (April 29) -- Schneider National Inc., which pioneered the use of satellite-based tracking and communications among trucks, drivers, company headquarters, and cust