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Truck Renting and Leasing Association

The unified voice for truck renting and leasing


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EnRoute - October 29, 2015

Top Stories

The U.S. Senate has approved a three-week highway bill that extends federal transportation spending until November 20.  The bill has been sent to President Obama for his signature. FULL STORY

Top Stories

The U.S. Senate has approved a three-week highway bill that extends federal transportation spending until November 20.  The bill has been sent to President Obama for his signature. FULL STORY

Congressman Paul D. Ryan (R-WI) was elected on the House floor to become the 54th speaker of the House.  He replaces John A. Boehner (R-OH). FULL STORY

The Women in Trucking Association commissioned a survey of trucking firms to document the situation among them. The survey found in the United States, women make up 19.2% of director positions in trucking, slightly less than the 20.8% of seats filled by women in Canada. FULL STORY

Technology Trends

The North American Council for Freight Efficiency (NACFE) and the Carbon War Room has released a new confidence report that claims that downspeeding can slash truck fuel consumption by 2-3% when optimally applied. FULL STORY
 
International's PayStar will be replaced when the HX series new truck is unveiled at the World of Concrete. FULL STORY
 
Goodyear Tire & Rubber Company has introduced a new commercial truck tire, Fuel Max RSA, that provides excellent fuel economy for regional/long haul driving and enhanced toughness for driving in urban environments. FULL STORY
 
SmartTruck has a new LeadEdge Top Fairing which is designed to manipulate and manage the disruptive airflow created in the gap between cab and trailer, or between two tandem trailers. FULL STORY
 
Kenworth PremierCare Gold Certified program launched in October and will further enhance the highest level of customer support at Kenworth dealerships in the United States and Canada. FULL STORY

Briefly

Bridgestone Americasis moving to acquire automotive parts retailer and service provider Pep Boys in an all-cash transaction valued at $835 million in share value. . .Hino Trucks has expanded its partnership with Telogis to provide two new capabilities. . .Continental Tire the Americas, LLC's Commercial Vehicle Tire group and CMC Tire, Inc. are celebrating their partnership with the opening of their first commercial tire retread facility in Las Vegas, Nevada. . .Mack Trucks Australia has built what it says is the most expensive big rig for Malaysia's Sultan Ibrahim Ismail of Johor which is to be used to transport his private power boat.
 
 

People

Bridgestone has appointed Chris Ripani as the new president of Speedco, an indirect subsidiary of Bridgestone. . .Governor Bill Graves, president and CEO of American Trucking Associations will be leaving ATA at the end of 2016. Graves has headed ATA since 2003.


Taking $tock

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

Company Symbol 10/29 Close Performance
Allison Transmission Holdings ALSN $28.32 $0.34 -1.19%
Avis Budget Group Inc. CAR $49.87 $0.02 -0.04%
Cummins Inc. CMI $103.40 $0.17 +0.16%
Dana Holding Corp. DAN $16.71 $0.22 -1.30%
Eaton Corp. ETN $54.31 $0.23 +0.43%
General Electric GE $29.34 $0.05 -0.17%
Goodyear Tire & Rubber GT $31.79 $1.61  -4.82%
Navistar International Corp. NAV $12.06 $0.34 -2.74%
PACCAR Inc. PCAR $53.14 $0.05 -1.10%
Ryder R $71.63 $2.21 +3.18%

SOURCE: Yahoo! Finance

Money Matters

PACCAR Inc. has reported second highest earnings in history with $431.2 million for the third quarter of 2015, up 16% from $371.4 million for the same quarter in 2014. FULL STORY
 
The Goodyear Tire & Rubber Company reported earnings for North America of $323 million, up 54% from the same quarter in 2014 and a record for any quarter. FULL STORY

TRALA in the News

Karl Rove to Speak at 2016 TRALA Annual Meeting
 
Karl Rove, a political strategist, will serve as the keynote speaker at the 2016 Annual Meeting.  His address will take place on Tuesday, April 19, as part of the General Assembly.
 
Rove is best known as “The Architect” of President George W. Bush's 2000 and 2004 presidential campaigns as well as serving in the Bush Administration as senior advisor to the president from 2000-2007 and deputy chief of staff from 2004-2007.
 
Rove writes a weekly op-ed for the Wall Street Journal, is a Fox News contributor and is the author of the forthcoming book, The Triumph of William McKinley: Why the Election of 1896 Still Matters, and Courage and Consequence: My Life as a Conservative in the Fight.
 
Registration for the meeting opens in November.