Meritor 1Q Results Lower than Expected

For the first quarter of fiscal year 2013, Meritor posted sales of $891 million, down 23% from the same period last year. Meritor says the decrease was primarily due to lower sales in global markets. For the period ended Dec. 31, Meritor lost $21 mi…

TransCore’s Canadian Freight Index drops in December

TORONTO, Ont. — TransCore’s Link Logistics Canadian Freight Index closed 2012 with December freight volumes down for both year-over-year and month-over-month by 16%. In spite of the decreases, annual volumes for 2012 were down only 11% from…

ATD Convention Celebrates 50 Years

ATD will celebrate its 50th convention in Orlando Feb 8-11. The first convention was held in 1963, seven years before the ATD division of the National Automobile Dealers Association was even established.

DPF Maker Cleaire Shuts Down Following Fires and Recalls

Brush fires caused by sparks from its diesel particulate filters and expensive recalls have apparently caused Cleaire Inc., a California specialty manufacturer, to suddenly shut down.Without a public announcement, the company, based in San Leandro w…