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Truck Renting and Leasing Association

The unified voice for truck renting and leasing


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EnRoute - May 12, 2016

TOP STORIES - Sparta Systems, Inc. has conducted a survey that said a majority (61%) of U.S. food and beverage professionals feel “confident” their organizations are “prepared to meet” the strict requirements of the new Food Safety and Modernization Act (FSMA) promulgated by the U.S. Food & Drug Administration (FDA). FULL STORY

TOP STORIES

Fleets need to consider and compare the following four areas when the move to buy an ELD product:  unidentified driving events; ability to store information; log events can be edited by the carrier but need to be approved by drivers; and ELDs must capture certain vehicle data and include it in output files. FULL STORY
 
The Federal Motor Carrier Safety Administration (FMCSA) will require trucking companies to use the online Unified Registration System and will stop accepting paper forms or faxes to apply or update records beginning September 30. FULL STORY
 


 

TECHNOLOGY TRENDS

Michelin Americas Truck Tires has introduced the Michelin X ONE XZUS+ Pre Mold retread. It is an all-position, next-generation wide-base single for waste and refuse trucks. FULL STORY
 
J.J. Keller's Training on Demand system has expanded to include four free 15-minute, interactive courses designed to help drivers understand the Encompass Elog System. FULL STORY
 
Goodyear Tire & Rubber Company has a new three-tier commercial vehicle line.  The mid-tier Marathon line will feature the Marathon LHS, LHD and LHT, all the tires are SmartWay verified for fuel efficiency. FULL STORY

 
PeopleNet has added a new service called Managed Mobility Solutions that allows clients to confidently deploy proprietary company apps and approved third-party programs on the same devices running PeopleNet software. FULL STORY
 
 

BRIEFLY

Penske has teamed up with Golf Channel for a new #MovingDay Presented by Penske multi-platform branding campaign that encompasses Golf Channel's coverage of “moving day” across the world's professional golf schedule each week this season. . .Mack Leasing System added 19 dealers to its network in 2015, expanding its number of locations to 210 full-service Mack Truck dealers. . .Dana Holding Corporation will open a new high-tech axle manufacturing facility in Toledo, OH. . .Navistar, Inc. has announced subscriptions to OnCommand Connection (OCC), the company's open architecture remote diagnostics system, have surpassed the 200,000 vehicle mark. . .Inland Kenworth has opened its doors to its new $23-million dealership, part of a new 85-acre business park in Phoenix, AZ. . .Kalmar officially broke ground on an expansion project for the Kalmar Ottawa manufacturing plant in Kansas. Key improvements will include the refurbishment and expansion of the facilities to improve employee safety, security, efficiency and well-being.
 
 

 

PEOPLE

Robert Upton has joined AmeriQuest Business Services as vice president of Financial Services within AmeriQuest Transportation Services.

 

TAKING STOCK

A look at truck transportation-industry Fortune 500 public companies:
 
Company Symbol 5/12 Close Performance
Allison Transmission Holdings ALSN $27.88 $0.19 -0.68%
Avis Budget Group Inc. CAR $24.79 $1.35 -5.16%
Cummins Inc. CMI $114.41 $0.31 -0.27%
Dana Holding Corp. DAN $12.00 $0.23 -1.88%
Eaton Corp. ETN $62.09 $0.09 +0.15%
General Electric GE $30.09 $0.24 -0.81%
Goodyear Tire & Rubber GT $27.99 $0.04 +0.14%
Navistar International Corp. NAV $11.60 $0.44 -3.65%
PACCAR Inc. PCAR $56.94 $0.01 0.00%
Ryder R $68.41 $1.70 -2.42%


SOURCE: Yahoo! Finance

 

MONEY MATTERS

California is awarding $23.6 million to the South Coast Air Quality Management District for a statewide zero emission, Class 8 drayage truck development and demonstration project. FULL STORY
 
In the first quarter of 2016, Avis Budget Group has reported revenue of $1.9 billion, a 2% increase and a 3% growth. FULL STORY
 
PACCAR Financial Services has achieved revenues of $289.4 million in the first quarter 2016 compared to $284.7 in 2015. FULL STORY
 
 
 

TRALA ANNOUNCEMENTS

 
TRALA Industry Scholarship Application Information
TRALA members and their dependents are invited to apply for TRALA's Industry Scholarship.  We're moving our industry forward by awarding up to four-$2,500 scholarships to qualified applicants.  Applications can be submitted by June 1, 2016 for consideration.  Visit our website for details: www.trala.org