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2009-04-17 Volvo Trucks strongest in construction
With the world’s most powerful truck, new, fuel-efficient engines and a new generation of the Volvo I-Shift automatic gearchanging system, Volvo Trucks is further strengthening its position in the construction segment.
2009-03-01 Scania increases presence in Taiwan - inaugurates delivery centre for complete trucks
Today Scania is inaugurating an industrial facility in Taipei, Taiwan for assembly and equipping complete vehicles directly to the local market. From this facility, Scania will deliver complete vehicles that are adapted to the requirements and operating conditions that apply in Taiwan.
2009-03-01 Celadon Group to Present at J.P. Morgan Transportation Conference
2009-03-01 Economic Crisis Cannot Justify Trade Restrictions, UPS CEO Says
The United States and its trading partners around the world would be making a huge mistake if they responded to the current dark economic times by adopting protectionist measures to restrict free trade, the chairman and CEO of UPS asserted today.
2009-02-19 Scania wins major order for city buses in Malaysia
Scania has won a tender for the supply of 152 low-entry city buses to the northern Malaysian island state of Penang. The order marks the biggest single order for the company to date, and is one of the largest single city bus deals in Malaysia.
2009-02-19 Scania preferred supplier of fire and rescue trucks to Malaysia
Scania reinforced its status as the preferred supplier of chassis for for fire trucks with the recent order of 109 units Scania chassis to the Malaysian Fire and Rescue Department (known as Bomba in Malaysia).
2009-02-03 Scania’s Board of Directors recommends that shareholders do not accept Porsche’s mandatory offer
• Scania’s shareholders have received an offer to tender their shares to Porsche for a consideration of SEK 68.52 in cash for each A share and SEK 67.10 in cash for each B share • Scania’s Board of Directors* unanimously recommends that shareholders do not accept the offer
2009-02-03 Werner Enterprises to Participate in the BB&T Capital Markets Transportation Services Conference
Werner Enterprises, Inc. (NASDAQ:WERN) (“Werner”), one of the nation's largest truckload transportation and logistics companies, announced that it will participate in the 24th Annual BB&T Capital Markets Transportation Services Conference on Thursday, February 12, 2009 at the Biltmore Hotel in Coral Gables, Florida.
2009-01-29 Johannesburg buying 143 Scania buses for new transport system
Now that Johannesburg is making a major investment in the development of an efficient, environmentally sound public bus concept in the run-up to hosting the 2010 World Cup in football, the city has selected Scania to supply all 143 buses in the first phase of its new transport system. Crucial to the South African city choice of Scania was that the company offered a comprehensive package, including vehicles with good operating economy and environmental performance as well as a broad selection of services.
2009-01-29 Knight Transportation Reports Revenue and Net Income for the Fourth Quarter of 2008
Knight Transportation (NYSE: KNX), one of the country’s largest truckload carriers, reported revenue and earnings for the fourth quarter and year ended December 31, 2008.
2009-01-26 AB Volvo Assigned a- Long-Term Credit Rating by Standard & Poor’s
Standard & Poor’s has assigned an “A-“ long-term corporate credit rating with stable outlook for AB Volvo and affirmed the A-2 short-term rating.
2009-01-22 Volvo Trucks inaugurates new production plant in Russia
Today Volvo inaugurates its Russian production plant in Kaluga. This coincides with the introduction of new, higher Russian custom duties for imported trucks.
2009-01-22 Gold to Volvo Trucks
Volvo Trucks’ corporate presentation film “The Balance” has won the “Gold World Medal” and “Best Film” at the renowned international “New York Festivals” in the USA, and the Merchandise film “Engineered to Wear” was awarded “Finalist Certificate” at the same festival.
2009-01-19 Scania invests in employee training
At present, Scania is planning to invest in boosting the proficiency of its production employees instead of issuing lay-off notices due to low demand. In Sweden, employees will alternate between work and training days. Similar efforts are planned at the company’s other European production units and in South America. In Sweden, the scale of these training efforts will be determined, among other things, by the programmes for human resource development in the heavy vehicle industry that the Stockholm County Administrative Board intends to implement.
2009-01-19 Scania to deliver 91 trucks to the Finnish Defence Forces
According to a recently concluded purchasing agreement, Scania has been commissioned to supply 91 trucks to the Finnish Defence Forces during 2009 and 2010. The deal also includes a five-year repair and maintenance agreement and an option for another 197 vehicles within a 4-year period.
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