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Meritor and DTNA Extend Agreement to Provide Air Disc Brakes for Freightliner Cascadia® Trucks

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Meritor, Inc. (NYSE: MTOR) and Daimler Trucks North America have announced a five-year extension for providing Meritor's EX+™ LS air disc brakes on Freightliner Cascadia trucks through 2025. The new contract will standardize these brakes on all-wheel positions starting Q1 2021, along with options for other models. Meritor's EX+ LS is noted for its lightweight design, exceptional performance, and customer satisfaction, enhancing the partnership with DTNA. This agreement ensures continued supply of key components into the North America market.

Positive
  • Five-year extension of the agreement with DTNA.
  • Standardization of EX+ LS air disc brakes on Freightliner Cascadia through 2025.
  • The EX+ LS brake enhances reliability, safety, and performance for customers.
Negative
  • None.

TROY, Mich., Nov. 12, 2020 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR) and Daimler Trucks North America (DTNA) today announced that Meritor® EX+™ LS air disc brakes (ADB) will be standard on all-wheel positions on Freightliner Cascadia® truck models through 2025. The award is part of a broader five-year extension of the current agreement with DTNA that includes Meritor's axles, drivelines, drum brakes, industrial and aftermarket products for the North America market through 2027.

"DTNA's decision to provide EX+ LS air disc brakes on its Freightliner Cascadia is a reflection of how well our brakes have performed and the positive feedback from its customers," said Saad Malik, general manager for Meritor Front Drivetrain. "We're proud to continue our partnership with a leading manufacturer of heavy-duty trucks in North America."

"Meritor air disc brakes have been standard on Freightliner Cascadia trucks since 2018, complementing the best truck with the best components," said Pete Hobbs, vice president of On-Highway Market Development for DTNA. "Meritor EX+ air disc brakes have exceeded our high expectations and, more importantly, the expectations of our customers. We are pleased to include Meritor's latest ADB offering to our customers, and we are confident that the EX+ LS air disc brake will continue to impress our on-highway customers with the performance, safety and weight reduction they deliver."

Per the new contract, the EX+ LS air disc brakes will be added to the Freightliner Cascadia with build dates beginning in the first quarter of 2021. Other Freightliner and Western Star trucks in the DTNA portfolio will also offer EX+ LS air disc brakes as an option.

The EX+ LS, Meritor's lightest air disc brake, is designed specifically for linehaul and trailer applications in the North American market. Other features include:

  • Single-piston design validated to the same taper wear criteria as Meritor's EX+™ L twin-piston brake
  • Enhanced piston seal to provide exceptional protection from heat exposure and debris
  • Adjuster mechanism offers reliable and consistent brake performance
  • MA9300 N-level proprietary friction with 2025 reduced copper compliance

Fleets with EX+ LS air disc brakes on their trucks and trailers benefit from commonality of parts because they can stock fewer parts, and replacement can be simplified by ordering through Meritor Aftermarket.

About Meritor
Meritor, Inc. is a leading global supplier of drivetrain, mobility, braking and aftermarket solutions for commercial vehicle and industrial markets. With more than a 110-year legacy of providing innovative products that offer superior performance, efficiency and reliability, the company serves commercial truck, trailer, off-highway, defense, specialty and aftermarket customers around the world. Meritor is based in Troy, Mich., United States, and is made up of more than 7,000 diverse employees who apply their knowledge and skills in manufacturing facilities, engineering centers, joint ventures, distribution centers and global offices in 19 countries. Meritor common stock is traded on the New York Stock Exchange under the ticker symbol MTOR. For important information, visit the company's website at www.meritor.com.

Meritor, Inc. logo. (PRNewsFoto/Meritor, Inc.) (PRNewsfoto/Meritor, Inc.)

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SOURCE Meritor, Inc.

FAQ

What is the significance of the new contract between Meritor and DTNA for stock MTOR?

The contract extends the partnership allowing Meritor's air disc brakes to be standard on Freightliner Cascadia trucks, potentially boosting sales and investor confidence.

When will the new EX+ LS air disc brakes be available on Freightliner trucks?

The EX+ LS air disc brakes will be standard on Freightliner Cascadia starting in the first quarter of 2021.

How long is the new agreement between Meritor and Daimler Trucks North America?

The new agreement lasts for five years.

What are the benefits of the EX+ LS air disc brakes for fleets?

Fleets will benefit from commonality of parts, reducing stock needs and simplifying replacements.

Which trucks will feature the new EX+ LS air disc brakes?

The brakes will be standard on Freightliner Cascadia models and available as an option on other Freightliner and Western Star trucks.

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