EnRoute - February 25, 2015
Last fall, the Federal Motor Carrier Safety Administration (FMCSA) issued an advanced notice of proposed rulemaking (ANPRM) seeking industry input on the matter of increased liability coverage. The deadline to comment on the ANPRM regarding a potential increase in insurance minimums for for-hire carriers is Thursday, February 26. FULL STORY
Four highway safety lobbies have petitioned the National Highway Traffic Safety Administration (NHTSA) to initiate a rulemaking that would require forward collision avoidance and mitigation braking (F-CAM) systems on all new trucks and buses rated at 10,000 pounds or more GVW. FULL STORY
In all the minutiae of the FMCSA's Compliance, Safety, Accountability enforcement program, fleets need to have better safety strategies to continue to produce better scores. FULL STORY
Ryder System has launched a new online natural gas vehicle maintenance training program for its entire North American maintenance network. Over 6,000 maintenance and service employees will be trained on the new technology. FULL STORY
Michelin Americas Truck Tires has a new service, Michelin Tire Care, a digital tire monitoring and reporting service that aims to reduce road service calls, improve CSA scores, maximize fuel economy and increase tire mileage. FULL STORY
Cummins Filtration introduced the new Fleetguard LF14000NN lube filter for Cummins ISX15 diesel engines. This is the company's first lube filter with NanoNet media, a patented polymeric nanotechnology-based synthetic media. FULL STORY
Volvo Trucks is releasing a new online tool that will help customers choose the most efficient powertrain option for their vehicles. Available at www.volvotrucks.us.com/torque, the tool poses several multiple-choice questions designed to gather key information about the customer's duty cycle and preferences. FULL STORY
The Goodyear Tire & Rubber Company is donating the gondola, the space underneath the blimp where the pilot and passengers ride, from the Spirit of Goodyear blimp to the Crawford Auto Aviation Museum of the Western Reserve Historical Society of Cleveland. . .Mack Trucks has named Vanguard Truck Center of Phoenix its 2014 North American Dealer of the Year. . .A new partnership between SkyBitz and PSI will allow enhanced tire status and asset information from PSI and SkyBitz to be delivered through SkyBitz InSight. . . Comdata has announced an agreement with QuikTrip Corporation to expand the reach of fuel discounts through the Comdata Fuel Consortium. . .Bendix Commercial Vehicle Systems will construct a new headquarters in Northeast Ohio, within 20 miles of the current location in Elyria, Ohio. The new headquarters is being built to accommodate the growth Bendix has experienced over the last 12 years. . . Zonar has announced that Knight Transportation has chosen its Android-based Zonar 2020 mobile tablet as the new telematics platform for its fleet.
Taylor Cole has been named president of the Commercial OTR division within Bridgestone Commercial. . .Mitsubishi Fuso Truck of America (MFTA) has named Brian Shantz the new general manager of Canadian Operations. . .Bendix Commercial Vehicle Systems LLC has appointed John Kemer to vice-president and general manager, Valves and Modules.
Taking $tockA look at truck transportation-industry Fortune 500 public companies:
|Company||Symbol (Click for Chart)||02/25 Close||Performance|
|Allison Transmission Holdings||ALSN||$32.01||$0.07||-0.22%|
|Avis Budget Group Inc.||CAR||$60.56||$0.13||+0.22%|
|Dana Holding Corp.||DAN||$22.38||$0.12||+0.54%|
|Goodyear Tire & Rubber||GT||$27.17||$0.04||+0.13%|
|Navistar International Corp.||NAV||$30.16||$0.51||+1.72%|
SOURCE: Yahoo! Finance
Bridgestone Corp. has beat its own projections for 2014 as net income increased more than 48% to $2.5 billion on net sales of more than $30.7 trillion. FULL STORY
Dana Holding Corporation net income for the final quarter of 2014 more than doubled from the same time a year earlier. Net income increased to $109 million from $42 million. FULL STORY
Goodyear Tire & Rubber Company net income for the final quarter of 2014 soared past the level from the same time a year earlier, hitting $2.13 billion. FULL STORY
News From TRALA
There is Still Time to Register to Attend TRALA's 2015 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 2015 Annual Meeting is scheduled for March 15-19 at the Omni Amelia Island Plantation Resort in Amelia Island, Florida. 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 efficiencies for attendees wanting to connect with the entire industry. To view the meetings and events scheduled for March 15 through March 19, please click here.
Hotel reservations for the Annual Meeting will only be accepted through the Annual Meeting registration form or by contacting TRALA's Shannon Davison. 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 the Omni Amelia Island Plantation once the reservation has been finalized. Hotel rooms are extremely limited, so don't wait!
Any questions should be directed to TRALA's Shannon Davison by email at email@example.com or contacting the TRALA staff at (703) 299-9120.