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Truck Renting and Leasing Association

The unified voice for truck renting and leasing


Blog

EnRoute - February 5, 2014


Top Stories

U.S. Congressman Lee Terry (R-NE) and Sam Graves (R-MO) have introduced three pieces of legislation to promote the use of natural gas in long haul trucking. FULL STORY
 
U.S. Senators had requested the Government Accountability Office (GAO) analyze the effectiveness of the Compliance, Safety and Accountability (CSA) program. The GAO concluded that the Federal Motor Carrier Safety Administration (FMCSA) should revise the program's Safety Measurement System. FULL STORY
 
The Canadian Border Services Agency (CBSA) is making changes to its commercial border processes that are meant to make customs clearance more efficient and will require carriers to make some changes in the way they communicate with CBSA. FULL STORY
 
Trucking companies need to continue to follow industry standards and best practices when it comes to security and preventing threats of terrorism. Every employee needs to be a part of the security effort. FULL STORY


 

Technology Trends

 
The Department of Transportation announced its intent to begin taking steps to require vehicle-to-vehicle (also known as V2V) communication that would allow vehicles to “talk” to each other to exchange information like speed and road position to avoid crashes, especially common ones like rear-end, lane change and intersection crashes. FULL STORY 


Briefly

 
Meritor has unveiled two new Nissan NV3500 vans that will be used to deliver training to warehouse distributors, service garages and fleets in the U.S. and Canada. The vans will offerhands-on training that focuses on drivetrain and undercarriage components. . .Hino Trucks has donated a cab-over truck to Canadian Valley Technology Center, a vocational school located outside of Oklahoma City. CV Tech lost several vehicles as a result of the May 31, 2013 tornado. . .Double Coin Tires and CMA launched a new Double Coin Tires mobile application available for Apple iPhone and Android smartphones. . .Mack Trucks is offering special financing for U.S. military personnel looking to purchase a new Mack vehicle. . .Utility Trailer Manufacturing Company has launched a new mobile application for Apple iPhone and Android smartphones. The free mobile application uses GPS capabilities to search for a Utility dealership location within a user's geographic location. . .Peterbilt is celebrating its 75th anniversary with commemorative events throughout the year that include a North American tour with specialized anniversary trailer, a limited-edition Model 579 and numerous other activities.
 
 
 

People

 
Thomas E. O'Donnell has joined the law firm of Scopelitis, Garvin, Light, Hanson & Feary. O'Donnell will provide services on behalf of the firm's new offices in Mount Ephraim, New Jersey and Philadelphia, Pennsylvania. . .Hercules has hired Nathan Vandiver as an assistant production control manager. . .Bridgestone Americas Inc. (BSAM) has announced that Gordon Knapp will become COO of BSAM and chairman, CEO and president of Bridgestone Americas Tire Operations (BATO). . .Aditya “A.D.” Naik has been named vice president, Finance, Vehicle Group for Eaton. . .Karmak has announced the retirement of two regional managers, Larry O'Connor and Ron Kiser. . .Thomas Doll has been appointed vice-president, global purchasing excellence for Bendix Commercial Vehicle Sysetms LLC. . .Richard Kolodziej has announced that he will be retiring as president of NGVAmerica. He has been the organization's president since 1995.
 

 
 
 

Taking $tock

A look at truck transportation-industry Fortune 500 public companies:

Company Symbol (Click for Chart) 2/5 Close Performance
Allison Transmission Holdings ALSN $28.38 $0.12 -0.42%
Avis Budget Group Inc. CAR $37.63 $0.18 -0.48%
Cummins Inc. CMI $126.67 $0.27 +0.21%
Dana Holding Corp. DAN $18.35 $0.11 -0.60%
Eaton Corp. ETN $69.10 $0.45 +0.66%
General Electric GE $24.52 $0.05 -0.20%
Goodyear Tire & Rubber GT $22.86 $0.05  -0.22%
Navistar International Corp. NAV $33.23 $0.42 +1.28%
PACCAR Inc. PCAR $56.90 $1.84 +3.34%
Ryder R $68.81 $0.71 -1.02%

SOURCE: Yahoo! Finance

 
 

Money Matters

PACCAR has reported revenue of $17.12 billion in 2013 compared to revenue of $17.05 billion in 2012.  This is the company's third best net annual profit in company history. FULL STORY

Meritor recorded a profit of $11 million for the fourth quarter of 2013, compared to a loss of $21 million for the prior year. FULL STORY 


 

News From TRALA 

 
Register Today to Attend TRALA's 2014 Annual Meeting 

You don't want to miss out on attending one of the largest gathering of rental and leasing executives in North America. The 2014 Annual Meeting is scheduled for March 10-14 at the Westin Kierland Resort & Spa in Scottsdale, Arizona. Click here to register to attend this important meeting.
 
Mack Leasing/Volvo Truck Leasing, NationaLease, and PacLease are scheduled to hold meetings in conjunction with the TRALA meeting, which will create more efficiency for attendees wanting to connect with the entire industry. To view the meetings and events scheduled for March 10 through March 14, please click here.
 
Hotel reservations for the Annual Meeting will only be accepted through the Annual Meeting registration form or by contacting TRALA'sLeslie Hummel. The information provided in the registration form will be submitted to the hotel on your behalf. No credit cards are required to guarantee your reservation at this time. Hotel confirmation numbers will be forwarded to all guests by a member of the TRALA staff as soon as they are received from the hotel.
 
Any questions should be directed to TRALA's Shannon Davison by email at sdavison@trala.org or contacting the TRALA Staff at (703) 299-9120.