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This quarter in brake stocks

Brake Stocks Tank in Q4

The fourth quarter of 2018 was very, very bad for brake stocks. The biggest loser was Veoneer, an automated-driving start-up. The company’s stock lost more than half its value, shaving more than $2 billion of the company’s market cap. Many…

Transpennine

Brake Fault on Nova 3s Creates Delay

The introduction of CAF-built Nova 3 trains on TransPennine Express has been delayed, after commissioning trials revealed a problem with the braking system. The new trains should have entered service this side of Christmas, but the launch has been put…

Schuster trucking

Deep-Frozen Hauler Schuster Chooses Bendix

SCHUSTER COMPANY DELIVERS SAFETY AND SWEET TREATS FROM THE “ICE CREAM CAPITAL OF THE WORLD” Iowa-Based Carrier Specs Bendix Safety Systems, Moving toward Fleetwide Collision Mitigation Technology ELYRIA, Ohio – Oct. 11, 2018 – You can point to several things that make Schuster…

Bendix®

Bendix to Acquire ProSteering

Bendix to Acquire ProSteering, North American Remanufacturer of All-Makes Steering Components Bendix Will Expand Aftermarket Product Lineup, Apply Global Steering Expertise to North America, and Extend Pathway to Autonomous Future through Bendix ProSteering Acquisition ELYRIA, Ohio – Oct. 2, 2018 – Bendix…