TMD Friction announces two management promotions

2014-01-24

TROY, Mich. -- TMD Friction has announced two key appointments to its senior management team.

Tony Croy has been promoted to the position of managing director, NAFTA. He’ll be in charge of TMD’s business in units in NAFTA, including all commercial, engineering and manufacturing operations serving TMD’s OE and replacement part friction business in Canada, the US and Mexico.

Previously, Croy oversaw TMD’s US production operations for automotive and commercial vehicles.

“I am pleased to announce the promotion of Tony Croy to managing director, TMD NAFTA,” said Greg Scheessele, senior vice-president, TMD Americas. “Tony brings extensive knowledge to this responsibility based on his previous experience as the managing director for the TMD plant in Queretaro, Mexico.”

TMD also named Fabio Jurchaks its new director of sales and engineering for NAFTA. He’ll oversee commercial, marketing and engineering organization activities.

Jurchaks has more than 13 years of experience in the heavy-duty and automotive industries, the company announced.

“Fabio brings a wealth of market and customer knowledge to this responsibility based on his previous experience,” said Scheessele.

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XTL shakes up senior management, updates logo, brand

TORONTO, Ont. -- XTL Transport has announced changes to its senior management team, in conjunction with an updated logo and brand.

Serge Gagnon will now act as XTL’s CEO, with Marcel Francoeur becoming CFO. Genevieve Gagnon’s role will now take on the role as president with Luc Francoeur serving as executive vice-president.

“Genevieve and Luc have been part of the XTL family for 13 and 18 years, respectively, and have been instrumental at supporting its growth through hands-on learning and identifying strengths and opportunities,” the company said in an internal letter to employees. “The change in their role to become even more involved in overseeing and managing the organization is a natural evolution to ensure the business continues to thrive.”

The company has also modernized its logo, including the words “Transport,” “Logistics,” and “Distribution” to the right of “XTL.”

“We realized that XTL Group of Companies didn’t clearly identify the business we are in and ran the risk of limiting our growth potential. Not wanting to lose the brand recognition of XTL – you will see we did not rebrand but modernized our logo to demonstrate our focus on innovation and forward-thinking solutions,” the company said in its letter to employees. “A brand standards manual has been developed to ensure that all people who touch our brand – employees, suppliers, or partners – can ensure our brand is used consistently to build awareness.”

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Heavy Duty Distributor Council under new management

OTTAWA, Ont. -- The Heavy Duty Distributor Council of Canada (HDDC) has announced it will now be managed by the Automotive Industries Association of Canada (AIA).

The agreement took effect July 1. The organization says it shares many synergies with AIA Canada, and engages in common initiatives such as government relations, industry outreach, market research, membership development and the hosting of networking events.

Under the new arrangement, the HDDC board says members will be managed by a group with experience in building a strong voice with government. The group also said it will be building a new business plan around adding member value.

“With HDDC’s potential for growth we are looking forward to working with AIA to fulfill our members’ needs and drive the Council into the next phase of our evolution,” announced Ian Johnston, president of HDDC. “AIA will be entering into this relationship with a strong understanding of the non-profit sector and an understanding of our industry but will allow the HDDC to retain our own Heavy Duty independent identity while utilizing all the synergies the AIA has to offer.”

More information on the groups is available at www.hddc.ca or www.aiacanada.com.

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USA Truck Reports 3Q Loss; Management Declines Celadon Bid to Meet

Michael G. Malloy/TT

USA Truck reported a third-quarter loss and said its board declined to meet with Celadon Group, which recently bought a small stake in the truckload carrier.

The company lost $4.3 million, or 42 cents per share, compared with net income of $600,000, or 6 cents, a year ago.

Revenue rose 9.6% to $130.1 million, the company said Friday.

USA Truck said in August that it was likely to report a third-quarter loss, in part due to implementation of new enterprise management software.

Celadon last week announced it had bought a 6.3% stake in USA Truck and there had been speculation it might seek to gain more.

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