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Oct 22, 2011

TRUCKMAKERS NEWS * USA

* New York - Movers roundup: Oshkosh and Navistar

New York,NY,USA -CNBC -21 Oct 2011: ...  Shares of truck makers Oshkosh Corp. and Navistar International Corp. rose after media reports suggested that billionaire investor Carl Icahn wants the two truck makers to consider a combination...


* Illinois - Global Truck and Engine Maker Navistar Welcomes Free Trade Agreements

Warrenville,ILL,USA -4 Traders -October 21, 2011: -- Navistar International Corporation today issued a statement of support following the enactment of free trade agreements recently adopted by the Senate and House of Representatives. The agreements with Colombia, Panama and South Korea will boost U.S. exports for manufacturers in the United States...


* Indiana - Bumpy ride ahead for manufacturers despite output rise in August

Columbus, IND,USA -The Star, by Fintan -October 22, 2011: ... NG Cummins Inc chief executive Tom Linebarger said in a Financial Times interview earlier in the week that the United States and Europe might already be in a recession. Columbus, Indiana-based Cummins is one of the world's biggest engine-makers with its engines used in everything from trucks to large mining and construction vehicles...  Linebarger expects the next six to nine months to be a highly uncertain time for the global economy with Europe able to easily drive another global recession... He adds that the United States is in the same spot and that macroeconomic data may show in three or four months time that the economy is in a recession or near it after figures have been adjusted...


* USA -  ATA, TCA Unite in Call for Increased Truck Productivity

(Photo:    KENWORTH stong arm dump truck)
Dallas,TXS,USA -TruckingInfo -19 Oct 2011: -- The American Trucking Associations and the Truckload Carriers Association came together at the conclusion of ATA's Management Conference & Exhibition in Dallas this week to call on policy makers to allow for increased truck productivity...  While ATA, along with the Coalition for Transportation Productivity, a group of more than 160 shippers and allied associations, has been lobbying for a limit of 97,000 pounds on a new six-axle configuration, truckload carriers have been reluctant to back higher weight limits...  TCA had opposed the 97,000-pound plan because it would mean expensive retrofits or buying totally new equipment -- and for truckload carriers, there likely would not be increased revenue to offset that expense...

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