Economy

Continental Tire taps Canada sales manager

TORONTO -- Deborah Whiton has been ?appointed regional manager for Continental Tire Canada.

Smith expands electric truck offerings

KANSAS CITY, Mo. -- Smith Electric Vehicles U.S. extended its Newton commercial vehicle platform to Class 3 and 4 models, which are available in the U.S. and initial deliveries will take place before the end of the year.

TransForce Ink: Where’d that $100-mill go?

MONTREAL -- One hundred and forty-four point one million loonies. That's how much third-quarter revenues were off for Canada's biggest trucking company.

Vipar teams up with hydraulics supplier

CRYSTAL LAKE, Ill. -- DEL Hydraulics has announced it has teamed up with Vipar Heavy Duty and its wholly owned subsidiary, Vipar Heavy Duty Equipment Network, for a new heavy-duty supplier program.

Navistar buys diesel fuel injection supplier

WARRENVILLE, Ill. -- Navistar has acquired certain assets and the membership interests of Continental Diesel Systems US, to manufacture key fuel injection components for its MaxxForce diesel engines.

New Kenworth dealer opens on The Rock

MOUNT PEARL, Nfld. -- Kenworth of Newfoundland has opened a new parts and service facility in Mount Pearl.

Nelligan leaves, Harper takes over

TORONTO -- Paul Harper, co-president of Harper Truck Centres, has taken over the reins as dealer principal after the company bought out equity partner John Nelligan, who previously held that role as well as the general manager title.

Fleets not in truck buying mood this 4Q

COLUMBUS, Ohio -- After a few months of promising sales improvements, equipment buying is expected to take another dip to close out the year, according to CK Commercial Vehicle Research's fourth quarter Fleet Sentiment Report.

Heavy truck orders increase significantly: FTR

NASHVILLE, Ind. -- Maybe there's a pre-buy after all? Preliminary data showing Class 8 net orders for all major North American OEM's totaled 21,792 units in October, reflecting a definite upsurge in order activity, reports truck market analysts at FTR Associates.

Truck repos down in 3Q

ROSLYN HEIGHTS, N.Y. -- Repossessions and liquidations of trucking equipment has started to fall off in the third quarter, with Nassau Asset Management's NasTrac Quarterly Index down.

Mullen bids for Livingston International

CALGARY -- The Mullen Group has made an all-stock rival bid for the logistics and customs brokerage firm, Livingston International Income Fund.

ArvinMeritor shuffles exec deck

TROY -- ArvinMeritor named a new chief operating officer, as well as vice president and president of both industrial and aftermarket and trailer segments.

Truck manufacturing faces stiff headwinds

COLUMBUS, Ind. -- The commercial vehicle market have been showing signs of recovery, but manufacturers still have a long way to go to return to normal replacement level demand, according to ACT Research.

Wabash gives Hendrickson top supplier award

LAFAYETTE, Ind. -- Wabash National presented awards to eleven of its top suppliers at its recent annual supplier conference.

YRC hopes to sidestep bankruptcy with stock exchange plan

OVERLAND PARK, Kan. -- In its latest effort to stay afloat and keep competitive sharks at bay, YRC Worldwide has launched an exchange program to unload debt instruments in exchange for the company's common stock and new Class A Convertible Preferred Stock.