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Sep 3, 2008

TRUCKS PRODUCTS MANUFACTURERS * USA -

* USA - Wabash raises prices because of cost of raw materials

Lafayette,IN,USA -Land Line Magazine -September 2, 2008: -- Wabash National says it’s raising the prices on its trailers by as much as 10 percent between now and the end of the year... The company’s president says steel prices have more than doubled this year, and the price of aluminum is expected to increase another 45 percent by the end of 2008...


* USA - IdleAire under new management

Knoxville,TN,USA -Land Line Magazine -September 2, 2008: -- Six investment management companies now own IdleAire Technologies Inc. after their $17.5 million bid was accepted on Friday, Aug. 29... According to an IdleAire press release announcing the acquisition, new owners include the following: Airlie Group, Kenmont Investments Management, SV Special Situations Fund, Whitebox Advisors, Wayzata Investment Partners and Wilfrid Aubrey, LLC... “It’s a new company with new owners who are very optimistic about IdleAire’s prospects,” said John Calabrese of CRG Partners Group. CRG is providing “transitional management of the company while a search for a CEO is underway”... IdleAire, a provider of shore-powered electrification services, is available at 131 truck stops and travel plazas in 34 states...

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