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EnRoute - February 16, 2017

TRALA IN THE NEWS - Fontaine Trailer is the newest member Associate Member of the Truck Renting and Leasing Association.  FULL STORY



TOP STORIES

Chairman of the Senate Committee on Commerce, Science, and Transportation, Senator John Thune (R-SD) and Senator Gary Peters (D-MI) have announced a bipartisan effort to ease regulations in order to speed up innovation in self-driving technology. FULL STORY

A new approach is clearly needed to address the cyber threats facing trucking companies. FULL STORY




 

TECHNOLOGY TRENDS

J.J. Keller & Associates, Inc. has introduced Everyday Transportation Safety Management: A Proactive and Practical Approach for the Transportation Safety Professional.  The publication serves as a single source to help transportation safety professionals comply with complex and ever-changing DOT regulations. FULL STORY




 

BRIEFLY

DAIMLER TRUCKS NORTH AMERICA announced that it has been awarded LEED Platinum Certification for its new corporate Headquarters building in Portland, OR. . .SCOPELITIS, GARVIN, LIGHT, HANSON & FEARY, P.C. has opened its 13th U.S. office in Salt Lake City, UT.  Scopelitis partner and international transportation attorney Nathaniel Saylor will launch the Firm's Utah presence. . .KALMAR has secured orders for a total of 708 terminal tractors in the Americas region.  The orders were received during the annual Dealer Meeting held in Bonita Springs, FL in the beginning of February. . .PENSKE TRUCK LEASING has opened a new location in Katy, TX.  It has full-service truck leasing, consumer and commercial truck rental and contract truck fleet maintenance services. . .MORGAN CORPORATION celebrates its 65th anniversary this year as North America's premier designer and producer of light- and medium-duty truck and van bodies, and has grown to be the largest on the continent. . .BENDIX COMMERCIAL VEHICLE SYSTEMS reveals today that it diverted 96.4% of material waste from landfill disposal in 2016, nearing its goal of becoming 100% landfill-free by 2020. . .MACK TRUCKS extended engine oil drain intervals for customers using its newly formulated genuine Mack Engine Oil EOS-4.5.




 

PEOPLE

JIM RODI has been promoted to executive vice president and general manager of the newly formed Transportation group with PeopleNet. . .Daimler AG has announced that DR. WOLFGANG BERNHARD, head of the company's truck division, is leaving the company. DIETER ZETSCHE, head of Mercedes-Benz cars, will assume his role until a replacement is named.



 

TAKING STOCK

A look at truck transportation industry Fortune 500 public companies.
 

Company

Symbol

2/16 Close 

Performance

 

Allison Transmission Holdings

ALSN

$37.295

$0.695

-1.83%

Avis Budget Group Inc.

CAR

$35.76

$4.90

-12.05%

Cummins Inc.

CMI

$152.14

$0.20

+0.13%

Dana Incorporated

DAN

$19.35

$0.19

-0.97%

Eaton

ETN

$71.78

$0.32

-0.44%

Navistar International Corp.

NAV

$27.09

$0.51

-1.85%

PACCAR Inc.

PCAR

$68.72

$1.08

-1.55%

Ryder System, Inc.

R

77.25

$0.77

-0.99%

         


 

NUMBERS    

Cummins Inc. posted a net income of $378 million for the period that ended December 31, compared to $161 million a year earlier. FULL STORY

Dana Inc. saw fourth-quarter surge in net income to $489 million, compared with a net loss of $79 million in the fourth quarter of 2015. FULL STORY

Allison Transmission Holdings Inc. reported net income for the quarter which ended on  December 31 was $61 million, compared with $13 million for the same period in 2015. FULL STORY

ACT Research revealed that January's heavy- and medium-duty truck net orders have rised to a 13-month high at 45,300 units. FULL STORY


 

TRALA ANNOUNCEMENTS 


Registration is still open for TRALA's 2017 Annual Meeting. The event 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 TRALA's 2017 Annual Meeting.  Please contact TRALA's Shannon Davison at sdavison@trala.org with any questions regarding the meeting.