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Truck Renting and Leasing Association

The unified voice for truck renting and leasing


Blog

EnRoute - November 25, 2015

Top Stories

Proposed Highway bill faces tumultuous issues. Transit funding, teenage truckers and potential changes to CSA  are on the list for the House and Senate Reps to debate this week. FULL STORY

Top Stories

More than 400,000 carriers could lose business due to the new standards to qualify as “hireable” under the proposed Highway Bill. FULL STORY

Unnecessary increases to liability insurance are possible, if the House's highway bill (STRR) is signed into law. However, two proposed sections of STRR are set to work together to ensure FMCSA is able to demonstrate how increases in rates will translate to highway safety. FULL STORY

Size and weight changes outlined in the new Highway Bill could affect small carriers and fleets. FULL STORY


Technology Trends

Mitsubishi Fuso rolls out a new product support program offering full customer service support for medium-duty truck owners and operators. FULL STORY
 

Real time telematics, self-driving trucks and prescheduled repairs and maintenance- the future of trucking is going to be loaded with technology, and the technicians who will maintain and operate it. FULL STORY
 
Zonar now has a limited beta launch of MyBusVue, a mobile and web application that communicates up-to-the-minute school bus location directly to parent's, caregiver's and school administrators' smartphones and computers via interactive maps. FULL STORY
 
Ryder activates online winter preparedness hub as winter approaches. The hub is mobile friendly and offers drivers tips on how to best prepare for and survive the winter season. FULL STORY
 

Briefly

MGM Brakes announced additional features on their new E-Commerce website such as distributer-dealer locators, supplier portals and online warranty submissions…Aim NationaLease based in Girard, Ohioannounces merger with Fleming Leasing located in Springfield Virginia…Bridgestone Americas Inc. is one step closer to acquiring Pep-Boys- Manny, Moe & Jack. A cash offer has terminated the waiting period demanded by the HSR Act of 1976…October was a record month for trailer orders, as dry van and refrigerated van segments boosted the total…Medium and Heavy Truck Sales were also up in October, more than 6% compared to the previous year…Ryder System Inc., is switching the fuel at their stations in Orange and Fontana, Ca. to Clean Energy's Redeem™ renewable natural gas. 
 

People

Wells Fargo named Timothy J. Sloan as the President and COO, effective immediately. Sloan is a 28 year employee of Wells Fargo and is the current head of Wholesale Banking. The BYLENGA family is celebrating a milestone, as this year marks 150 years in business for Star Truck Rentals Inc. Michele Lieber, Chief Public Policy Officer for Ally Financial was named one of the 100 leading women in the Auto Industry by Automotive News. 

Taking $tock

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

Company Symbol 11/24 Close Performance
Allison Transmission Holdings ALSN $27.77 $0.07 -0.25%
Avis Budget Group Inc. CAR $39.26 $1.36 -3.35%
Cummins Inc. CMI $98.68 $0.54 +0.55%
Dana Holding Corp. DAN $16.11 $0.33 +2.09%
Eaton Corp. ETN $57.69 $0.47 +0.82%
General Electric GE $30.66 $0.07 +0.23%
Goodyear Tire & Rubber GT $34.47 $0.39 +1.14%
Navistar International Corp. NAV $14.17 $0.60 +4.42%
PACCAR Inc. PCAR $51.46 $0.12 +0.23%
Ryder R $66.16 $0.54 +0.82%

SOURCE: Yahoo! Finance

Money Matters

California officials are encouraging alternative fuel fleets, including those switching to renewable natural gas, to take advantage of the low carbon fuel standard and cap-and-trade program created under the state's 2006 climate change law. The program funds zero- and near-zero emission passenger vehicles rebates, heavy duty trucks/buses, freight demonstration projects and pilot programs in car sharing, financing, etc. FULL STORY
 
Ryder System, Inc. has been recognized by Loyalty360 with multiple awards for the Company's commercial truck rental customer-centric culture as well as its loyalty program, Ryder RedZone. FULL STORY
 
Daimler Trucks is bringing a new Detroit Medium-Duty Engine Line to the United States. Daimler Trucks is investing $375 million to enable production of the new DD5 and DD8 medium-duty engines at their Michigan plant. FULL STORY

TRALA in the News

TRALA Welcomes New Associate Member

CardConnect of King of Prussia, PA

Since 2002, CardConnect has been a leading provider of payment processing and technology services. CardConnect helps more than 50,000 merchants across the U.S., from Fortune 500 companies to small and mid-sized businesses, accept billions of dollars in card transactions each year.