Two suppliers of truck parts to the aftermarket are combining into one firm.
Truck parts supplier FleetPride saw its debt rating cut by Moody’s.
Moody’s reduced truck parts retailer FleetPride’s outlook to negative.
FleetPride, a privately held supplier of truck parts, held on to its debt rating from two key ratings agencies.
This week in Borderlands: This week: US challenging Mexico’s import ban on corn; Sprint Transport set to build new headquarters in Texas; FleetPride acquires Sam & Sons Truck Equipment; and Laredo border officers seize narcotics worth $11.5M.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Trucks carried 71% of all U.S.-Mexico cargo moved in September; a Japanese parts supplier is opening a plant in Aguascalientes; and a Texas truck driver was killed in a chain reaction wreck.
