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Truck Renting and Leasing Association

The unified voice for truck renting and leasing


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EnRoute - September 21, 2017

The Federal Motor Carrier Safety Administration (FMCSA) is proposing to reduce Unified Carrier Registration Fees for trucking companies, brokers and more for at least the next two years. FULL STORY





 

TOP STORIES

Members of the U.S. House of Representatives approved an amendment to a 2018 spending bill that would block efforts to require speed limiters on most heavy-duty trucks. FULL STORY
 
The California Air Resources Board is closely monitoring the actions by the federal Court of Appeals for the D.C. Circuit and the U.S. Environmental Protection Agency, both which are addressing the trailer section of Phase 2 and other parts of the rule. FULL STORY




 

TECHNOLOGY TRENDS 

Mack Trucks has unveiled its new Anthem highway tractor which the company spent five years designing. FULL STORY
 
J.J. Keller & Associates, Inc. has introduced the J.J. Keller ELD Reserve It Plan, which enables fleets to reserve J.J. Keller ELDs with guaranteed shipment between November 1-10, 2017 and zero service fees until January 2018. FULL STORY




 

BRIEFLY

Wabco Holdings will be taking full ownership of the MERITOR WABCO joint venture. Wabco signed an agreement to purchase MERITOR'S stake in the joint venture business for $250 million. . .CAROLINA INTERNATIONAL TRUCKS marks its 25th anniversary this year.  Beginning in 1992, the truck dealership has grown to six locations with more than 100 service bays, over $6 million in stocked parks, a lease and rental commercial truck fleet of more than 600 vehicles and a state-of-the-art body shop. . .CARRIER TRANSICOLD OF DETROIT is commemorating 50 years of serving eastern Michigan's transport refrigeration providers. . .UTILITY TRAILER MANUFACTURING COMPANY invites visitors to explore its newly designed website, www.utilitytrailer.com. . .MURPHY-HOFFMAN COMPANY (MHC) has raised more than $17,000 for the ALS Association Mid-America Chapter in support of longtime customer, Tom Kretsigner, CEO at American Central Transport (ACT) and others like him battling Amyotrophic Lateral Sclerosis (ALS).



 

PEOPLE

Dana Inc. has selected CHRISTOPHE DOMINIAK to serve as its new senior vice president and chief technology officer. . .FRANK MULLEN has been appointed as vice president and controller for Ryder System, Inc. . .Bridgestone Americas Inc. has named SCOTT DAMON to replace KURT DANIELSON, who is retiring after 23 years at Bridgestone. DAMON will become president of the commercial group for Bridgestone Americas Tire Operations LLC. . .Natural Gas Vehicles for America (NGVAmerica) has hired DANIEL GAGE as their new president.         



 

TAKING STOCK

A look at truck transportation industry Fortune 500 public companies.
 

Company

Symbol

9/21 Close 

Performance

 

Allison Transmission Holdings

ALSN

$34.88

$0.48

-1.36%

Avis Budget Group Inc.

CAR

$38.08

$0.16

+0.42%

Cummins Inc.

CMI

$166.48

$0.74

-0.44%

Dana Incorporated

DAN

$26.85

$0.12

+0.45%

Eaton

ETN

$78.06

$0.29

+0.37%

Navistar International Corp.

NAV

$40.99

$0.13

+0.32%

PACCAR Inc.

PCAR

$70.71

$0.13

-0.18%

Ryder System, Inc.

R

$81.75

$0.68

+0.84%

     



 

NUMBERS   

General Electric Co. has sold the last of its stake in Penske Truck Leasing Co. for $674 million to Penske Automotive Group, Inc. and MBK USA Commercial Vehicles, Inc. FULL STORY  
 
FTR is forecasting that Class 8 truck orders will jump to 247,000 this year and upwards of 300,000 of 2018. FULL STORY





 

TRALA ANNOUNCEMENTS

Contribute to TRALA's 2017 Legal Action Fund

Please support TRALA's Legal Action Fund by making a corporate contribution today. TRALA is engaged in significant legislative, regulatory, and legal battles that directly impact your company's bottom line. For example, TRALA has recently entered into an agreement with one the country's foremost tax specialists to protect our industry during federal tax reform deliberating currently in Washington, D.C. A Legal Action Fund contribution is an investment that will be sure to pay off, as it ensures that TRALA has the financial resources necessary to protect your company's best interests.  Click here  to make your company's donation! Thank you for your support of TRALA's advocacy efforts.