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Truck Renting and Leasing Association

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EnRoute - November 3, 2016

TOP STORIES - The Environmental Protection Agency and the National Highway Traffic Safety Administration have officially published the Phase 2 greenhouse gas/fuel efficiency rule for commercial vehicles in the Federal Register. The rule was finalized in August and now that it has been published in the Federal Register, it has an effective date of December 27, 2016.

TOP STORIES

The Environmental Protection Agency and the National Highway Traffic Safety Administration have officially published the Phase 2 greenhouse gas/fuel efficiency rule for commercial vehicles in the Federal Register. The rule was finalized in August and now that it has been published in the Federal Register, it has an effective date of December 27, 2016. FULL STORY

The Department of Transportation has announced that they are giving carriers and industry stakeholders an extra 30 days to formally comment on its proposed rule to govern truck speeds.  Comments are now due by the end of the day December 7. FULL STORY

The 7th Circuit Court of Appeals has upheld a federal mandate requiring nearly all U.S. truck operators to use electronic logging devices to track duty status.  This means the December 18, 2017 compliance date remains effective. FULL STORY

It is becoming much more difficult and expensive for truckers to obtain adequate insurance coverage. FULL STORY 

 

TECHNOLOGY TRENDS

Telogis is adding a number of extensions to its Telogis Mobile Resource Management software platform designed to optimize and automate processes. FULL STORY

SkyBitz has a new solar-powered global positioning satellite (GPS) asset tracking system, the Falcon GXT5000. The new system uses 3G/4G cellular networks for transportation, intermodal shipments, and other markets that rely on mobile assets. FULL STORY



 

BRIEFLY

RYDER SYSTEM, INC. has launched a new fully responsive, mobile-friendly, pre-owned vehicle sales website, Usedtrucks.Ryder.com. The new site now includes enhanced search tools and innovative new features to make it easier for customers to locate the best pre-owned vehicle to meet their needs. . .THE GOODYEAR TIRE & RUBBER COMPANY has broken ground on a $485 million expansion of its state-of-the-art tire factory in Palandian, Dalian, China. . .VOLVO GROUP NORTH AMERICA was honored by The Pennsylvania State University as its Corporate Partner of the Year for its consistency of partner activities and impact across the university. . .For the second year in a row, J.J. KELLER & ASSOCIATES, INC.  has been named to ALM's Consulting  magazine's Fastest Growing Firms List.  The company rose from 45th on the list in 2015 to 25th on the list in 2016. . .A MICHELIN NORTH AMERICA INC. plant in Tuscaloosa, AL, is celebrating 70 years of tire manufacturing.  Originally constructed to produce material for the war effort, the plant manufactured its first tire on October 23, 1946, and has since produced nearly 490 million BFGoodrich tires. . .MACK TRUCKS' Leigh Valley Operations in Macungie, PA, has achieved the U.S. Department of Energy Superior Energy Performance (SEP) program's platinum certification in the Mature Energy Pathway by improving its energy performance 31.5 percent over 10 years.

 

PEOPLE

Volvo Group has hired KEVIN FISHER as national account manager for the Northeast region. . .MIKE TUCKER has stepped down as President of VT Hackney, Inc. after leading the company for 15 years.  STEVE MILLER  replaces Tucker as President and CEO. . .J.J. Keller & Associates, Inc. has named JASON HEARLD as the new Vice President of Technology Solutions.   



 

TAKING STOCK
A look at truck transportation industry Fortune 500 public companies.

 

Company

Symbol

10/20 Close 

Performance

 

Allison Transmission Holdings

ALSN

$28.41

$0.01

-0.04%

Avis Budget Group Inc.

CAR

$36.49

$4.14

+12.80%

Cummins Inc.

CMI

$121.75

$0.03

+0.02%

Dana Incorporated

DAN

$15.05

$0.12

+0.84%

Eaton

ETN

$59.72

$0.59

-0.98%

Goodyear Tire & Rubber Company

GT

$27.91

$0.01

+0.04%

Navistar International Corp.

NAV

$22.82

$0.21

+0.93%

PACCAR Inc.

PCAR

$54.14

$0.39

-0.72%

Ryder System, Inc.

R

$69.02

$0.24

+0.35%



 

MONEY MATTERS

Daimler AG posted record earnings in the third quarter of 2016 with revenue up 4 percent to 38.6 billion euros.  FULL STORY

Supreme Industries, Inc. reported that net income was up 78/7% in the third quarter, increasing to $5 million, compared to net income of $2.8 million in the same quarter of 2015. FULL STORY

The Goodyear Tire & Rubber Company's third quarter 2016 net income was $317 million, up 17 percent from $271 million in the year-ago quarter. FULL STORY  

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