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Truck Renting and Leasing Association

The unified voice for truck renting and leasing


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EnRoute - May 11, 2017

TRALA IN THE NEWS - On April 27, 2017 Governor Eric Holcomb (R-IN) signed H.B. 1002 into law. TRALA began lobbying the state legislature after the initial draft for H.B. 1002 included a $15 non-apportioned TIIF on all vehicles registered in Indiana.  TRALA and a coalition of motor carriers, the Indiana Motor Truck Association, and the Scopelitis law firm, were able to get an amendment included during the House markup of the bill which would apportion the $15 TIIF for all IRP vehicles including vehicles under 26,000 lbs.  FULL STORY




TRALA IN THE NEWS

TRALA was recently in the news regarding the threat concerns involving trucks that could be used in a terrorist act. Here are links to some of the stories TRALA was quoted in:




TOP STORIES

Senators Susan Collins (R-ME) and Jake Reed (D-R.I.) have asked the Government Accountability Office to the look into autonomous truck technology and its potential to displace workers. FULL STORY

There are a number of different benefits for fleet managers to consider when looking at full-service leasing. FULL STORY




 

TECHNOLOGY TRENDS

PACCAR Leasing is now offering a new PacToll automatic toll billing/ collecting solution for its lease and rental customers nationwide. FULL STORY

Cummins debuts its new mobile app, Guidanz, which is now available for download and enables customers to read prioritized engine fault codes and other key engine information within minutes. FULL STORY

EROAD is now offering a new electronic registration solution for IRP recordkeeping, data capture and management processes. FULL STORY

PeopleNet has introduced myMedia which is a software application that allows fleets to exchange documents, photos, videos and other media files between drivers and back-office personnel. FULL STORY




BRIEFLY

RYDER SYSTEM, INC.
will be the strategic service partners for Workhorse Group Inc., and will be the exclusive maintenance provider for Workhorse's entire light- and medium-duty rang-extended electric vehicle fleet in North America and will provide a combination of warranty and maintenance services as part of Ryder's SelectCare fleet maintenance portfolio. . .MACK LEASING SYSTEM is celebrating its 30th anniversary. It has been three decades since the first Mack R686 model tractor was rented by one of the eight founding member companies of Mack Leasing System. . .J.J. KELLER & ASSOCIATES, INC. has received an honorable mention special award in the 2017 SAP HANA Innovation Awards.  The award celebrates customers and partners that are using the SAP HANA platform or other SAP Platform and Technology solutions to innovate their businesses. . .KENWORTH will be auctioning its T680 Everyday Heroes Truck at the Ritchie Bros. auction in Phoenix on June 20. . .Mack Trucks dealer POZZO TRUCK CENTER recently celebrated its 95th year as a Mack dealer. . .MHC TRUCK LEASING has expanded operations, opening a new facility in Springfield, MO., to fill immediate needs in the Ozark market. . .The TELOGIS Compliance suite of software applications was honored with a silver Stevie Award in the New Product or  Service of the Year in the Governance, Rick & Compliance Solution category at the American Business Awards.




 

PEOPLE

Daimler Trucks North America has promoted JEFF ALLEN  to senior vice president of production, quantity, and specialty vehicles and STEFAN KURSCHNER will head DNTA's aftermarket business. . .YOSHINORI NOGUCHI has been appointed chairman of Hino Motors Sales, Inc.; TAKASHI ONO has been appointed president; DAVEY JUNG has been appointed to executive vice president; and KENJI NOMURA was appointed to executive vice president, North American vehicle production.  



 

TAKING STOCK

A look at truck transportation industry Fortune 500 public companies.
 

Company

Symbol

5/11 Close 

Performance

 

Allison Transmission Holdings

ALSN

$38.23

$0.40

-1.04%

Avis Budget Group Inc.

CAR

$25.45

$0.97

-3.67%

Cummins Inc.

CMI

$158.85

$0.39

-0.24%

Dana Incorporated

DAN

$20.81

$0.40

-1.89%

Eaton

ETN

$77.03

$0.06

-0.08%

Navistar International Corp.

NAV

$27.79

$0.10

-0.36%

PACCAR Inc.

PCAR

$64.37

$1.60

-2.43%

Ryder System, Inc.

R

66.56

$0.51

-0.76%

 



 

NUMBERS   

Daimler's first quarter business rose and profits doubled with quarterly operating profit jumping 19% year-over-year. FULL STORY

Cummins reported it earned $396 million on sales of $4.59 billion for the three months ended March 21, 2017 and during the same time in 2016, the company earned $321 million on revenue of $4.29 billion. FULL STORY

Allison Transmission Holdings Inc. reported first-quarter net income and revenue surged on growth in its North American parts business with net income for the period that ended March 31 rising to $83 million, compared with $48 million for the same period in 2016. FULL STORY

Dana Inc. reported sales for the first quarter of 2017 totaled $1.70 billion, compared with $1.45 billion in the same period of 2016, representing a 17 percent increase. FULL STORY    





 

TRALA ANNOUNCEMENTS

Contribute to TRALA's 2017 Legal Action Fund

Please support TRALA's Legal Action Fund by making a corporate contribution today. TRALA is engaged in significant legislative, regulatory, and legal battles that directly impact your company's bottom line. A Legal Action Fund contribution is an investment that will be sure to pay off, as it ensures that TRALA has the financial resources necessary to fight and win to protect your company's best interests.  Click here  to make your company's donation! Thank you for your support of TRALA's advocacy efforts. 

 

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