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Truck Renting and Leasing Association

The unified voice for truck renting and leasing


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EnRoute - June 23, 2016

TOP STORIES - U.S. DOT Secretary Anthony Foxx told a Senate Panel last week that the reforms required by Congress to the federal Compliance, Safety, Accountability carrier ranking system will take about two years to complete and that is the same timeline the industry can expect to see the CSA scores return to public view. FULL STORY

  
 

TOP STORIES

The European Commission will begin assessment of whether the new international leasing accounting standard, IFRS 16, will be conducive to the European public good. FULL STORY
 
A one year field study of collision avoidance systems (CAS) conducted by the National Highway Traffic Safety Administration (NHTSA) has found that CAS can reduce if not eliminate crashes, with the majority of fleet managers participating in the study calling for this technology to become standard equipment in the industry. FULL STORY

 
 
 

TECHNOLOGY TRENDS

A new report by Americas Commercial Transportation (ACT) Research and Rhein Associates showed that in 2015, diesel engines made up 98.5 percent of the North American Class 8 vehicle market, however the forecast expects this dominance to lessen by 2021. FULL STORY
 
Continental Tire the Americas LLC is launching a new line of commercial vehicle tires for 2016 branded the AMERI*STEEL by General Tire. The new line of long haul and regional products pays homage to past General Tire commercial truck tires and includes drive and steer tires. FULL STORY
 
Truck-Lite has added the Model 60 Stop/Turn/Tail & Back-up Combination Lamp to its 60 Series line of truck lighting which performs the functions of two lamps in one unit. FULL STORY
 
The Bandag DR 5.3 and DR 4.3 are two new retreads available introduced by Bridgestone Americas for drive applications will help deliver longevity and long-term value. FULL STORY

 
 

BRIEFLY

ISUZU COMMERCIAL TRUCK OF AMERICA announced that the 30,000th gasoline-powered Isuzu N-Series truck has been produced at the Spartan Motors facility in Charlotte, MI. . .Verizon has acquired TELOGIS to expand its market share in the growing telematics industry. . ..CONTINENTAL TIRE THE AMERICAS LLC  says in the next decade the tire maker expects to sell tires made from a flowering weed – the dandelion. The initial tests run so far demonstrate that the tire made from Taraxagum show an equivalent property profile when compared to tires made from conventional natural rubber. . .ENTERPRISE HOLDINGS has acquired vRide, a vanpooling company that has been serving U.S. commuters for almost 40 years.

 

PEOPLE

AMY ALEXY has been promoted to vice president of global talent for Goodyear Tire & Rubber Company. . .Idealease, Inc. has hired RUSSELL KEYS as Area Vice President, National Accounts.



TAKING STOCK

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

Company

Symbol

6/23 Close

Performance

Allison Transmission Holdings

ALSN

$28.56

$0.59

+2.11%

Avis Budget Group Inc.

CAR

$34.81

$1.34

+4.00%

Cummins Inc.

CMI

$118.96

$3.18

+2.75%

Dana Holding Corp.

DAN

$12.61

$0.43

+3.53%

Eaton Corp.

ETN

$62.82

$1.06

+1.72%

General Electric

GE

$31.19

$0.41

+1.33%

Goodyear Tire & Rubber

GT

$27.74

$0.21

+0.77%

Navistar International Corp.

NAV

$13.14

$0.73

+5.88%

PACCAR Inc.

PCAR

$56.35

$1.51

+2.75%

Ryder

R

$65.85

$0.65

+1.00%


SOURCE: Yahoo! Finance

 

MONEY MATTERS

The Council of Supply Chain Management Professionals Annual State of Logistics Report was released on June 21 and revealed total U.S. business logistics cost rose to $1.48 trillion in 2015, a 2.6 percent increase from the previous year. This represents a considerable slowdown from previous years. FULL STORY
 
Ponemon Institute has complied a survey that determined that the monetary impact from cyber security threats is rising considerably, with the average cost of a data breach increasing 29% to $4 million since 2013. FULL STORY

 

TRALA ANNOUNCEMENTS

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