U.S. Army official sees key programs on target
Oct 21, 2002
WASHINGTON, Oct 21, 2002 Reuters reported that,The U.S. Army's acquisitions chief on Monday said he was pressing to deploy the Army's Future Combat Systems (FCS) on schedule in 2008, despite a recommendation to delay it by two years. "We're pushing to keep the dates the way they are and I'm firmly convinced we can make ... Continue reading
Navistar Notifies UAW of Termination Of Contract Extension
Oct 21, 2002
WARRENVILLE, Ill., Oct. 20, 2002; International Truck and Engine Corporation announced today that it notified the United Auto Workers union that the extension of the labor contracts between the company and the UAW will be terminated at 12:01 a.m. Tuesday, October 22. The labor agreements were scheduled to expire on Oct ... Continue reading
FORD MOTOR COMPANY SCIENTISTS WIN AWARD FOR DIESEL EMISSIONS SYSTEM
Oct 18, 2002
CHICAGO, October 16, 2002 – Ford Motor Company's On-board Reductant Delivery (ORD) system, developed by George Wu and Bob Hammerle of Ford 's Scientific Research Lab, has earned an R&D 100 Award. Also known as "an Oscar of Invention," the award from R&D Magazine recognizes the top new inventions in the country. P ... Continue reading
Donaldson Company Provides First Quarter Guidance -- 2002 Annual Report Available Online
Oct 18, 2002
MINNEAPOLIS--Oct. 18, 2002-- Company projects double-digit first-quarter EPS increase; remains focused on delivering 14th consecutive year of double-digit earnings growth Donaldson Company, Inc. announced today that it expects first-quarter earnings to increase 15 to 20 percent over last year. The company had not previ ... Continue reading
USFreightways Exits Freight Forwarding Business
Oct 18, 2002
CHICAGO--Oct. 18, 2002--USFreightways Corporation announced today that GPS Logistics, Inc. and Seko Worldwide Acquisition LLC have agreed to acquire USF Worldwide Inc. and USF Worldwide Logistics (UK) Ltd., USF's freight forwarding subsidiaries. It is expected the transaction will close on or before October 31, 2002. T ... Continue reading
MB 1500 HP Racing Atego-Retired To Stud
Oct 18, 2002
http://www-video.daimlerchrysler.com/dctv/videos/2 0021017_e.ram" CLICK4Video Since October 1 the Racing Atego has been on exhibition at the DaimlerChrysler Museum. What makes this super truck different to a standard truck is explained in our Car of the Month feature. ... Continue reading
Hargrove calls Navistar closure decision "callous"
Oct 18, 2002
TORONTO, Oct. 17, 2002 - CAW president Buzz Hargrove blasted the decision today by the Navistar Board of Directors to close the Chatham Truck Plant. "This is another callous decision made without regard or respect for long service workers, their families and their communities and it is a slap in the face to the soverei ... Continue reading
Oct 17, 2002
WARRENVILLE, Ill., Oct. 17, 2002 International Truck and Engine Corporation announced today it will close its Chatham, Ontario assembly plant early next summer. The company made the announcement to employees today, citing that the heavy truck plant closure was a necessary step to address competitive market conditions. ... Continue reading
Oct 17, 2002
COLUMBUS, Ind.--Oct. 17, 2002--Today Cummins Inc. reported third quarter earnings of $1.00 per fully diluted share or $39 million profit after taxes, on sales of $1.65 billion. This compares to earnings of 8 cents per share for the third quarter of 2001, or $3 million profit after taxes on sales of $1.41 billion. "Resu ... Continue reading
Oct 17, 2002
IRVINE, Calif.--Oct. 17, 2002-- ServoTech's Profitability Accretive to KleenAir Bottom Line KleenAir Systems Inc. (OTC BB:KAIR), an international environmental company dedicated to the development, testing and commercialization of products to help reduce smog and air pollution, today announced that the Company signed a ... Continue reading
USA Truck, Inc. Announces Record Operating Revenues
Oct 17, 2002
VAN BUREN, Ark.--Oct. 16, 2002--USA Truck, Inc. today announced record operating revenues, before fuel surcharge, of $70,651,305 for the quarter ended September 30, 2002, an increase of 12.4% from $62,869,859 for the same quarter of 2001. Net income increased 115.7% to $1,271,086 for the third quarter of 2002, compared ... Continue reading
Truck Dealer Rush Enterprises Inc. Reports Third Quarter Results
Oct 16, 2002
SAN ANTONIO--Oct. 15, 2002--Rush Enterprises Inc. , which operates the largest network of Peterbilt heavy-duty truck dealerships in North America, John Deere construction equipment dealerships in Texas and Michigan, and three of the largest farm and ranch superstores (D&D) in America, today announced results for the qu ... Continue reading
Navistar International Corporation Appoints Two New Directors
Oct 15, 2002
WARRENVILLE, Ill., Oct. 15, 2002; Navistar International Corporation the nation's largest commercial truck, school bus and mid-range diesel engine producer, today announced that James H. Keyes, chairman of Johnson Controls, Inc. and Eugenio Clariond, chairman and chief executive officer of Grupo IMSA, have been named t ... Continue reading
Caterpillar to lay off up to 3,270 at Illinois, Georgia plants
Oct 15, 2002
Peoria, Illinois, October 15, 2002; Bloomberg News reported that Caterpillar Inc., the world's second-biggest maker of heavy-duty diesel engines, said it will lay off as many as 3,270 workers at Illinois and Georgia plants that make truck engines because of slowing demand. The layoffs will be at Illinois plants in Moss ... Continue reading
Detroit Diesel Corporation Receives EPA Certification For the Series 60 Engine
Oct 15, 2002
DETROIT, Oct. 14, 2002 -- Detroit Diesel Corporation (DDC) confirmed today that it has received EPA certification for its 12.7 and 14.0 liter Series 60 on-highway engines. The Series 60 engine is fully certified to the new 2.5 g/hp-hr NOx + NMHC standard and does not require an aftertreatment device of any kind. In add ... Continue reading
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