Business

Commercial vehicle component maker Accuride Corp. said Tuesday it earned $14.3 million or 41 cents a share in the fourth quarter, compared with $14.9 million or 43 cents a year earlier.

Auto hauler Allied Holdings will be taken over by the private company Yucaipa Cos. under a bankruptcy exit plan filed jointly by the two firms, Bloomberg reported late Friday.

The U.S. government awarded $385 million in grants last week aimed at jumpstarting ethanol production from nontraditional sources like wood chips, switchgrass and citrus peels, the Associated Press reported.

The Environmental Protection Agency said it would soon issue its guidance for engine manufacturers on the conditions they must meet in order to sell engines that use selective catalytic reduction to meet emission regulations.

As the trucking industry shifts to the next generation of low-emission diesel engines, some fleet maintenance managers said they have experienced few problems with the transition, which presents maintenance adjustments for heavy-duty and medium-duty trucks alike.

Canadian holding company Clarke Inc. on Monday reported fourth-quarter net income of C$4.4 million or 28 cents a share, up from C$3.2 million or 23 cents a year earlier.

FedEx Express said Monday it is increasing the reach of its FedEx International Priority Freight service to cover more than 130 countries and is also enhancing its domestic FedEx Express Freight service.

The U.S. economy’s service sector growth declined in February, the Institute for Supply Management said Monday.

Considering that all batteries have a finite life span, harnessing sunlight is one way to keep tracking systems running for long periods on far-flung trailers.

Swedish truck maker Scania AB’s Chairman Bernd Pischetsrieder may step down from his position this week, to be replaced by Volkswagen AG Chief Executive Martin Winterkorn, Bloomberg reported Monday.