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TRUCKING'S WORLD NEWS
* Peru - "Bus-Trucks" notoriously dangerous
Lima,PERU -The Chicago Tribune (USA) -26 Feb 2006: Flatbed trucks that have been modified into bus-trucks known here as "bus-camiones" are notoriously dangerous and were banned in 2002... Bus companies, however, found a loophole in the law to keep them on the road... When 45 people died in two accidents Feb. 14, one involving a bus-truck, police launched a nationwide raid to confiscate the vehicles, but drivers kept them off the roads... Most buses of any kind here are poorly maintained and risky...
* Judge asked to block P&O takeover
London,UK -Breaking News (Ireland) -27 Feb 2006: A High Court judge in London was asked today to block the controversial takeover of shipping giant P&O by Dubai Ports World (DPW)... Objections to the takeover were raised by Miami-based Eller & Co, which has a joint venture agreement with a P&O subsidiary and claims that the deal will harms its interests...
* Mullen continues acquisition strategy, buying three more trucking companies
CALGARY, Canada -CBC News, by JAMES STEVENSON -Feb 24, 2006: Mullen Group Income Fund, says continued acquisitions are the only way to grow its business in the frenzied oilpatch where its existing trucking and services divisions are already going flat out... Late Thursday, southern Alberta-based Mullen announced that it was buying three more small western Canadian trucking firms for $31 million... The three trucking companies that Mullen hopes to have finalized by the end of February were not named. But they include a Saskatchewan-based crude oil transporter, a Calgary-based heavy haul business and a flat-deck carrier out of Edmonton...
* Summit seeks some solutions
Manitoba, Canada -Brandon Sun, by Matt Goerzen -Febr 25, 2006: Canada’s running short of qualified truck drivers, but a cross-section of Canada’s trucking industry, government agencies and training institutions have banded together to try easing the pain... “We are entering a time in the transportation industry where we are looking at the potential loss of 3,000 drivers per month,” said Roy Craigen, chairman of the Canadian Trucking Human Resources Council...
* Carrier Transicold award top prize in technical achievement
TAMPA, Fla.;USA -Truck News, by: Adam Ledlow -24 Feb 2006: Deltek hybrid diesel electric technology from Carrier Transicold won top honours in technical achievement from the Truck Writers of North America at the 2006 Annual Meeting of the Technology and Maintenance Council of the American Trucking Associations...
* Dongfeng Honda Completes Auto Plant Expansion - Increases Annual Production Capacity to 120,000 Units
Tokyo, Japan -JCN Newswire via COMTEX -Feb 27, 2006: Dongfeng Honda Automobile Co., Ltd., the automobile production and sales joint venture of Honda and Dongfeng Motor Group Co., Ltd. in China, yesterday celebrated completion of the construction to expand its automobile plant in Wuhan, Hubei Province in China. The annual production capacity of the plant was quadrupled from the previous 30,000 units to 120,000 units...
* Daimler may launch Smart minicar in U.S.
FRANKFURT,Germany -CNN Money/Reuters -Feb 26, 2006: The car manufacturer is also considering selling the unit... DaimlerChrysler is leaning in favor of launching its struggling Smart minicar brand in the United States, its chief executive told a German newspaper on Sunday... Smart narrowed its operating loss in 2005 from about 600 million euros ($714 million) in 2004, Zetsche told an analyst conference call earlier this month...
* Mazda, Ford eye stake in each other
Shanghai,China -Shanghai Daily, by Jin Jing -28 Feb. 2006: Cooperation between Mazda Motors Corp and Ford Motors Corp in China will become more intensive as both parties are looking forward to acquiring a stake in each other's company... Yin Jiaxu, chairman of Chang'an Motor Corp, the 50-50 joint venture formed by Ford and its only domestic partner, Chang'an Group, said Chang'an Ford would buy a stake in FAW Mazda Motor Sales Corp, Mazda's venture with First Auto Works Corp... Without giving details on the proportion of shares for each side, he disclosed that the stake transfer was under government approval... At the same time, Mazda, one-third owned by the Ford Motor Corp, said it would acquire a stake in Chang'an Ford Motors Corp...
* Ford Sued in Argentina, Charged With Kidnapping and Torture During 1970s and 1980s
BUENOS AIRES,Argentine -Edmunds.com -27 Feb 2006: The Ford Motor Company is being accused of some very grave human-rights violations by former workers in Argentina. In a lawsuit that seeks monetary damages and a public apology from Ford Argentina and the Ford Motor Company, the workers claim members of the Argentine military kidnapped 24 workers from inside a Ford plant in General Pacheco, near Buenos Aires...
posted by Unknown @ 5:05 PM
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