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Truck Renting and Leasing Association

The unified voice for truck renting and leasing


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EnRoute - February 2, 2017

TOP STORIES - President Trump has directed federal agencies to suspend, withdraw and delay regulations depending on where they are in the rulemaking process. FULL STORY



TOP STORIES

The California Air Resources Board has released a Proposed Scoping Plan that sets new goals to reduce greenhouse gas emissions to 40% below 1990 levels by 2030. FULL STORY

President Trump has promised to eliminate two regulations for every one enacted.  The trucking industry waits to see which regulations will most likely be affected. FULL STORY  



 

TECHNOLOGY TRENDS

Utility Trailer Manufacturing Company has announced a pair of new products, the 4000D-X Composite TBR and 4000AE flatbed. FULL STORY

Dana Incorporated has unveiled a new e-commerce platform which will allow anyone to search for and accurately identify replacement parts, locate a qualified distributor, and request quotes. FULL STORY

Continental introduced its new Extreme Duty Poly-V belt which will be offered in 8, 10, and 12-ribbed profiles. FULL STORY

Max Speed Alert, is a new feature that supports safe driving from EROAD. Max Speed Alert provides notifications of excessive speeding so safety and fleet mangers can take swift action to protect drivers, the public, and their business. FULL STORY



 


BRIEFLY

RIHM FAMILY COMPANIES, INC. has acquired LTX, Inc., which owns Lawrence Leasing Inc., the operator of LAWRENCE NATIONALEASE. . . DAIMLER TRUCKS NORTH AMERICA is set to celebrate a century of innovation with the 75th anniversary for  Freightliner, 80 years for Detroit, and the 50th anniversary for Western Star. . .J.J. KELLER is celebrating 11 years of sponsorship for Dallas Seavey Iditarod Racing Team. . .The Blade  has recognized DANA INCORPORATED as a Top Workplace in Northwest Ohio. . .BRUCKNER TRUCK SALES, INC. opened a new dealership facility in Oklahoma City, offering improved truck access and enhanced service and support for Mack customers. . .COMDATA has announced a partnership with KeeTruckin that lets small businesses buy, pay for and integrate KeepTruckin ELD systems into their operations by using the Comdata MyFleet Program. . .VOLVO TRUCKS NORTH AMERICA has cancelled plans to lay off 500 second-shift employees from its New River Valley truck assembly plant in Dublin, VA, citing improved inventory levels. . .CONTINENTAL AG plans to build its sixth tire production plant in the Asia Pacific region, and its first in Thailand.  The construction of the plant is to begin later this year, and production will start in 2019. . .MAXON LIFT CORPORATION in cooperation with Smithfield Foods and HERCULES MANUFACTURING COMPANY, the engineered interlocking handrail system received the 2016 Safety First Grant Winner award for 2nd place. . .MCBRIDE MACK SALES recently celebrated its 50th anniversary at its Carbondale, Illinois location, marking a half century of service and support to customers.    


 

PEOPLE

The U.S. Senate has confirmed ELAINE CHAO to lead the U.S. Department of Transportation with a 93-6 vote in favor of the confirmation.




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

 

Company

Symbol

2/2 Close 

Performance

 

Allison Transmission Holdings

ALSN

$34.96

$0.08

-0.23%

Avis Budget Group Inc.

CAR

$37.30

$0.50

-1.32%

Cummins Inc.

CMI

$146.33

$0.99

-0.67%

Dana Incorporated

DAN

$20.005

$0.275

-1.36%

Eaton

ETN

$70.00

$1.31

-1.84%

Goodyear Tire & Rubber Company

GT

$32.07

$0.04

-0.12%

Navistar International Corp.

NAV

$27.39

$0.55

-1.97%

PACCAR Inc.

PCAR

$67.59

$1.04

-1.52%

Ryder System, Inc.

R

$71.83

$6.01

-7.72%


 

NUMBERS

PACCAR posts 78th consecutive year of positive net income with $17.03 billion in revenues. FULL STORY

ACT Research reported that the industry closed 2016 with dry van orders were up 26% year-over-year and reefer orders up almost 140% over 2015. FULL STORY

Volvo Group's fourth quarter income significantly increased to $550 million from the prior year's $300 million. FULL STORY




 

TRALA ANNOUNCEMENTS 

Early Bird registration rates are only available until February 10, 2017. Don't wait, register today! TRALA's 2017 Annual Meeting  will be held April 2-5 at the Hyatt Regency Coconut Point in Bonita Springs, Florida.  This event is one of the largest gatherings of rental and leasing executives in North America. Click here to register for the event.  Please contact TRALA's Shannon Davison at sdavison@trala.org with any questions regarding the meeting. 
 

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