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Business & Economics

Heavy-duty truck parts maker, distributor to close after 46-year run

FreightWaves
Summary
Nutrition label

81% Informative

TransAxle LLC recently announced plans to close all its locations across the U.S. and lay off 209 workers.

Company officials said they are preparing to cease operations after failing to find a buyer.

The company was one of the largest East Coast remanufacturers and distributors of transmissions, differentials, hydraulic pumps and other specialized components for the medium- and heavy-duty truck markets.

VR Score

77

Informative language

72

Neutral language

92

Article tone

formal

Language

English

Language complexity

60

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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no affiliate links