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STEMCO manufactures a variety of high-performance wheel-end, steering, suspension and braking components used by the heavy-duty trucking industry.
Lastly, organized labor was concerned about the bargaining power of the trucking industry, as dray drivers were purported to be "low bid carriers".
When the trucking industry in the U.S. was deregulated in 1980, shippers and those wanting to enter the industry as carriers and trailer rental companies alike benefited from the changes.
Following the Motor Carrier Act of 1980, which deregulated the trucking industry, Tom Weisz founded TMW Systems in 1983.