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Truck Renting and Leasing Association

The unified voice for truck renting and leasing


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EnRoute - February 25, 2016

TRALA in the News - 

IFS Technology Solutions joins TRALA as the Association's newest Associate member.   FULL STORY


TOP STORIES

The lease accounting standard has finally been issued by the Financial Accounting Standards Board (FASB) after more than a decade of collaboration with the International Accounting Standards Board (IASB). FULL STORY

The Canadian Trucking Alliance has confirmed reports that the federal government is moving forward to replace current requirements for truck drivers to complete paper log books with a mandate that trucks be equipped with Electronic Logging Devices (ELDs). FULL STORY
 
Fleets are faced with a technological decision with regards to the ELD rule. Do they purchase the most basic devices to comply with the mandate or do fleets invest in more advanced telematics systems that will deliver more information? FULL STORY
 
The success of a modern maintenance manager continues to evolve as trucks continue turning into sophisticated equipment resembling computers on wheels. FULL STORY


 

TECHNOLOGY TRENDS

Fleets need to consider new ways of incorporating technology into attracting new, younger drivers. FULL STORY
 
Volvo Trucks North America has introduced a battery-powered parking cooler as a factory-installed option on a number of its sleeper models that will allow drivers to keep the cab and sleeper comfortable without idling the engine. FULL STORY
 
Telogis Logbook, an extension of the Telogis Mobile Enterprise Management (MEM) software platform, lets drivers track and organize miles driven for personal or business use. FULL STORY
 
Bridgstone has launched the R283A Ecopia steer tire that is designed to offer durability and fuel efficiency to fleets in regional and long-haul applications. FULL STORY

 
 

BRIEFLY

PEOPLENET has chosen VIGILLO LLC to provide CSA data for PeopleNet's new safety analytics dashboard.  The tool will allow carriers to look at onboard and external data points to focus on their riskiest drivers and proactively concentrate on eliminating unsafe operating practices. . .BRIDGESTONE AMERICAS and SHELL LUBRICANTS  have launched a Nationwide Network Shell Lubricants program as part of an agreement between the companies. . .MACK TRUCKS has signed a multi-year deal to become the official hauler of NASCAR.  Mack will provide 11 of its Pinnacle sleeper models to transport equipment throughout NASCAR's 10-month, 36-race season. . .HINO TRUCKS has celebrated the grand opening of its new California Parts Distribution Center and Training Center. . .GOODYEAR TIRE & RUBBER CO's new advertising will feature Dale Earnhardt Jr. choosing Goodyear tires on and off the track in a series of broadcast, digital and print ads. . .UTILITY TRAILER MANUFACTURING COMPANY  has launched its new online merchandise store UT Gear at http://www.utgear-utilitytrailer.com/ . . .DAIMLER TRUCKS NORTH AMERICA (DTNA), through its associated brands Freightliner, Western Star, Detroit, Thomas Built Buses, Freightliner Custom Chassis and Alliance Truck Parts, announced the opening of a new parts distribution center in Dallas, TX. . .MACK TRUCKS has named MACKAY'S TRUCK CENTER in Truro, Nova Scotia as the 2015 Canadian region winner and the winner of the 2015 North American Dealer of the year went to NEXTRAN TRUCK CENTERS of Orlando, FL.  
 
 

TAKING STOCK

A look at truck transportation-industry Fortune 500 public companies:
 
Company Symbol 2/25 Close Performance
Allison Transmission Holdings ALSN $23.29 $0.44 +1.93%
Avis Budget Group Inc. CAR $23.76 $1.72 +7.80%
Cummins Inc. CMI $97.70 $1.57 +1.63%
Dana Holding Corp. DAN $12.05 $0.18 +1.52%
Eaton Corp. ETN $57.28 $0.48 +0.85%
General Electric GE $29.23 $0.50 +1.74%
Goodyear Tire & Rubber GT $29.95 $0.53 +1.80%
Navistar International Corp. NAV $7.63 $0.18 -2.30%
PACCAR Inc. PCAR $51.82 $0.65 +1.27%
Ryder R $56.23 $0.16 -0.28%


SOURCE: Yahoo! Finance


 

MONEY MATTERS

Supreme Industries reported a gross profit for 2015 improved to $54.2 million from $43.8 million in 2014, which is an increase of 23.7 percent. FULL STORY
 
Element Financial Corp. is spinning off its North American commercial finance business into a separate public company to allow its fleet management business to focus on its core business and generate higher returns as a stand-alone company. FULL STORY

 
 

TRALA ANNOUNCEMENTS 

Don't Forget to Register to Attend TRALA's Annual Meeting
 
There is still time to register and attend TRALA's 2016 Annual Meeting.  The event will take place at the Fairmont Scottsdale Princess in Scottsdale, Arizona from April 17 to April 20. Click here for the registration link.  Once completed, make sure to book your hotel reservations directly with the Fairmont Scottsdale Princess, https://aws.passkey.com/event/14384244/owner/12564/home

If you have any questions or concerns, please contact TRALA's Shannon Davison at sdavison@trala.org