Allison Buys Equity Stake in Odyne Systems

Allison Transmission has invested in a non-controlling equity stake in Odyne Systems LLC, which designed and developed a plug-in hybrid power system that interfaces with the Allison family of commercial vehicle transmissions.

COMPETITION WATCH: Manitoulin Group acquires Expedite Plus

MISSISSAUGA, Ont. — Manitoulin Group of Companies has acquired Expedite Plus, a specialized service provider for the movement of highly time-critical shipments across the globe via air and ground. Manitoulin announced its partnership with…

New truck orders soft in June: ACT Research

COLUMBUS, Ind. — Class 8 commercial vehicle preliminary net orders remained soft in June, according to reports from ACT Research. Classes 5-7 net orders also fell below trend, but the decline was expected, ACT officials said, as medium-duty…

YRC Freight Settles Chicago Lawsuits

YRC Freight, a subsidiary of YRC Worldwide Inc., has voluntarily settled two class action lawsuits alleging racial discrimination and harassment at its Chicago Ridge, Ill., terminal, which closed in 2009.