![[Valid Atom 1.0]](valid-atom.png "Validate my Atom 1.0 feed")
TRUCKMAKERS' NEWS * USA & * Canada - Pete and Kenworth bail from signature truck show
Bellevue,Wash,USA -Today's Trucking (CAN) - 20 Jan 2009: -- Paccar's truck divisions, Kenworth and Peterbilt, have pulled out of the Mid America Trucking Show in Louisville, Ky., which is widely considered the largest truck show in North America... The company told U.S. trade media that it is taking tme to "refocus its resources." Instead of exhibiting at MATS it will work with dealers to organize events across the U.S. and Canada where potential and existing customers can test drive new trucks... Neither truckmaker will be holding a press conference and Kenworth will not sponsor a big-name music concert as it does every year... Peterbilt’s General Manager, Bill Jackson also said that the strategy may not just be limited to 2009...* Union, Peterbilt remain at odds - Truck factory workers were locked out in June
Nashville,TN,USA -The Tennessean, by G. Chambers Williams -January 20, 2009: -- About 310 United Auto Workers union members at Madison's Peterbilt truck factory remain locked out by management as a nearly seven-month labor stalemate continues into this week... The company shut the workers out of the plant in late June after their contract expired... The previous contract ran out June 26, and the union has yet to vote on the company's offer for a new five-year pact... UAW Local 1832 President Mike Pardue said Monday that the union would like to resume talks with the company but that Peterbilt "refuses to answer our calls or e-mails" requesting a meeting. The two groups last held negotiations in August...
* Canada - Manufacturer showcases new hybrid truck in Woodstock
Woodstock,Ont,CAN -The Victoria Star, by Shawn Merrithew -January 21st, 2009: -- With the global push to go green, one of North America's largest truck manufacturers is doing its part to save the environment... Last week Peterbilt Motors Company was in Carleton County to showcase one of its new hybrid truck models... Matt Preston, Peterbilt Canada's senior district sales manager, said the new hybrid truck uses both diesel and battery power, unlike its diesel predecessor... The use of both diesel and electric power results in an 80-per cent reduction in energy consumption while the engine is idling, and thus increasing the life of the engine. It also reduces fuel consumption by 30 to 40 per cent while travelling about, Preston said, saving money at the pumps and producing fewer emissions into the environment...* USA - Eaton Corp. cutting 5,200 jobs
Cleveland,OH,USA -The Associated Press/The Trucker News, by M.R. KROPKO -21 Jan 2009: -- Industrial parts and systems maker Eaton Corp. said Wednesday it is cutting an additional 5,200 jobs because of a drop in demand for its products within a global economic downturn... Eaton Chairman and Chief Executive Officer Alexander Cutler warned in December as the company lowered its profit forecast that it was seeing less demand in its end markets, most notably in its automotive, truck and hydraulics segments... The move is intended to help the company reduce costs by $125 million in 2009 and follows 3,400 job cuts last year... * USA - Cummins Emissions Unit Sets Partnership; Will Close Wisconsin Plant
WIS,USA -Transport Topics -21 Jan 2009: -- Cummins Inc. unit Cummins Emission Solutions said it will partner with a technology company for 2010 engine controls and that it will close a Wisconsin plant... CES said late Tuesday it will partner with EMCON Technologies LLC to make emission controls systems for the 2010 on-highway truck market... EMCON will make CES’s diesel particulate filters... It will continue to provide the particulate filter and selective catalytic reduction systems to meeting 2010 emission standards from its existing manufacturing base in Wisconsin... CES also said it will shut down its Wautoma, Wis., plant, which employs about 180 people. It will close its doors by the end of March... * Trailmobile seeks protection during restructuring
Toronto,ONT,CAN -Today's Trucking -19 Jan 2009: -- The Canadian division of trailermaker Trailmobile has filed an NOI (Notice of Intention), similar to a Chapter 11 Restructuring plan in the U.S., todaystrucking.com has learned... An NOI is a mechanism that states an insolvent debtor’s intention to file a restructuring proposal and provides time to formulate it. An NOI filing automatically stays proceedings by all creditors without the need to obtain a separate court order... Trailmobile's Bert Clay confirmed to us in an email, "This success all depends on the acceptance (by the creditors) of the plan proposed," a process, Clay says, will take 30 to 45 days... The company is currently in an "extended holiday shutdown" pending the success of the reorganization...Labels: truckmakers' news USA
posted by Unknown @ 6:56 AM
0 Comments:
Post a Comment
<< Home