Truck repos help drive pre-owned market

WESTBURY, N.Y. -- Repossessions and liquidations of tractor-trailer trucks have been high for the past five quarters, reports N.Y.-based Nassau Asset Management. Yet, those same trucks are reselling at a brisk pace, illustrating the diverse forces affecting the trucking sector.

Manufacturing shipments rise for the first time in ’06

OTTAWA -- Slow to get out of the starting gate in 2006, Canadian manufacturing activity picked up slightly in March, led by gains in aerospace production, petroleum products, and unfilled orders of heavy-duty trucks.

Donaldson, DaimlerChrysler ink filtration deal through ’09

PORTLAND -- Donaldson Co. Inc., a manufacturer of filtration systems, replacement parts and emission control systems, has been awarded all of the exhaust and emission aftertreatment device packaging for DaimlerChrysler's MBE 900 medium-duty engines in the U.S. market for 2007 through 2009.

Honda commits to third Ontario manufacturing plant

TORONTO -- While some North American carmakers are scaling back operations in Canada, Honda, for one, continues to expand its stake the Great White north.

SPECIAL REPORT: Study shows that transportation more important to economy than first thought

Stats Can says when you add private trucking to the mix, transportation is 5th among most vital sectors.

New FMCSA research shows impact of tractor-trailer misalignment

WASHINGTON -- Insights gained in a comprehensive new alignment study by the Federal Motor Carrier Safety Administration could lead to changes in the design of suspension systems, alignment mechanisms, or even entire truck frames, the agency says.

Michelin building new tread plant in Mexico

GREENVILLE, S.C. -- To meet the growing demand for Michelin Retread Technologies products, Michelin is constructing a new tread pressing plant in Mexico, adjacent to its Michelin Mexico headquarters and passenger tire plant in Queretaro.

Heavy-duty orders start to yield

NEW YORK -- North American class 8 orders in April but have begun to slow for the first time this year.

519 businesses unite

STRATFORD, Ont. -- Business leaders and government officials in Ontario's Southwestern corner are looking to join forces by creating an economic powerhouse that rivals the GTA and other markets globally.

German truckmaker MAN finds Navistar stake appealing; OEMs expanding component ties

FRANKFURT, Germany -- Navistar International and MAN Nutzfahrzeuge have strengthened ties in recent years and now the German truckmaker says it could envision a day where it owns a piece of its Chicago-based partner.

Michelin leader dies in boating accident

PARIS -- Edouard Michelin, managing partner of leading global tiremaker Michelin, died in a boating accident during a bass fishing trip near Brittany. He was 43.

FedEx buys LTL firm; Canadian ops included

MEMPHIS, Tenn. -- Parcel delivery giant FedEx Corp. is acquiring Watkins Motor Lines, a North American LTL general goods carrier, for $780 million.

NAFTA surface trade highest ever

WASHINGTON -- Surface trade among the U.S., Canada and Mexico rose to the highest monthly level on record this past March.

ArvinMeritor workers locked out of Ontario brake plant

TILBURY, Ont. -- ArvinMeritor has temporarily ceased operations at its Tilbury, Ont. brake plant after labor negotiations between the commercial vehicle component manufacturer and the Canadian Auto Workers (CAW) Local 1941 fell apart last night.

SelecTrucks extends warranty program to MD trucks

PORTLAND, Ore. -- SelecTrucks has extended its comprehensive warranty program to medium-duty trucks. Entitled Buyer's Assurance, the SelecTrucks plan was originally developed to cover class 8 vehicles.