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Truck Renting and Leasing Association

The unified voice for truck renting and leasing


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EnRoute - December 1, 2016

TRALA IN THE NEWS - On Tuesday, November 22, 2016 Federal District Judge Amos Mazzant placed a nation-wide Preliminary Injunction on the Department of Labor's Overtime Rule, which was set to go into effect on December 1, 2016. TRALA, and a wide coalition of the business community have strongly pushed back against this rule since it was released by the Department of Labor. FULL STORY

TOP STORIES

President-elect Donald Trump has chosen Elaine Chao to be his Secretary of Transportation.  Chao served as President George W. Bush's Secretary of Labor the entirety of Bush's presidency. She's also the wife of Senate Majority Leader Mitch McConnell. FULL STORY

There is only one week remaining to file formal comments on the proposed federal rule to require all new Class 8 trucks to use speed limiters to limit truck speeds to either 60, 65 or 68 mph. Comments must be filed by 11:59 p.m. on December 7.
FULL STORY

A notice published on November 22 in the Federal Register from the Federal Motor Carrier Safety Administration lifts a restriction barring Mexico-domiciled carriers from leasing commercial vehicles to U.S. carriers to haul freight inside the U.S. and beyond commercial zones on the border.
FULL STORY

On November 15, 2016, the Subcommittee on Commerce, Manufacturing and Trade held a hearing exploring the issue of self-driving vehicles.  An administrator for the National Highway Traffic Safety Administration and several stakeholders testified before the committee.
FULL STORY




TECHNOLOGY TRENDS

Navistar has introduced a new line of Fleetrite collision replacement products for a wide vareity of heavy-duty truck applications. FULL STORY

Fleets should take a closer look at the different software that can be used to manage their shops and maintain equipement.
FULL STORY

Starting today, December 1, the American Petroleum Institute's (API) new diesel engine oil standards, API CK-4 and FA-4, will begin appearing in the marketplace on licensed products and marketing materials.
FULL STORY

In Europe a research project is underway to look at the feasibility of replacing all the truck cabling with wireless sensors.
FULL STORY



 

BRIEFLY

WESTERN STAR is adding another graphics package option for its 5700XE.  The Western Star Phantom 2 Graphics package features new, modular components for more customization options. . .VT HACKNEY  has extended its aluminum shelving line to include Sprinter Van models. . .OLD RIVER TRUCK SALES headquartered in Richland, MS, has acquired three dealerships in Louisiana, doubling the size of its current operations. . .CONTINENTAL's St. Marys Ohio plant recently received the Ambassador of Energy Efficiency award from Efficiency Smart. . .KALMAR has announced that it will start cooperation with SSAB in Sweden to develop a hydrogen-powered medium-range forklift truck.




 

PEOPLE

TOBIAS WALDECK is taking over as vice president of sales, marketing and remarketing at Daimler Truck Financial.  He succeeds VICTOR CALDERON who now occupies the role of managing director for financial services in Mexico.


 

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

 

Company

Symbol

12/1 Close 

Performance

 

Allison Transmission Holdings

ALSN

$33.72

$0.55

+1.66%

Avis Budget Group Inc.

CAR

$38.83

$0.54

+1.41%

Cummins Inc.

CMI

$142.70

$0.92

+0.65%

Dana Incorporated

DAN

$17.24

$0.35

+2.07%

Eaton

ETN

$67.65

$1.14

+1.71%

Goodyear Tire & Rubber Company

GT

$30.52

$0.17

-0.55%

Navistar International Corp.

NAV

$30.92

$0.16

+0.52%

PACCAR Inc.

PCAR

$63.04

$0.89

+1.43%

Ryder System, Inc.

R

$79.68

$1.38

+1.76%



 

MONEY MATTERS

In a new Commerce Department report, the overall U.S. economic growth increased more in the third quarter of the year than first projected and will likely pave the way for an interest rate hike in December.  FULL STORY

The Arizona Department of Transportation will use funding from Commercial Vehicle Information Systems and Networks grants from the Federal Motor Carrier Safety Administration totaling $581,000 to improve commercial transportation safety and efficiency.
FULL STORY


 


TRALA ANNOUNCEMENTS

The wait is finally over.  Registration for TRALA's 2017 Annual Meeting is open! Head over to the new events website to find out all the information you need about the upcoming Annual Meeting.  The new site can be found here.

Ready to register? It can now be done from a desktop or mobile device, just click
here to begin the process.
Please contact the TRALA office, (703) 299-9120, if you have any questions.