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Truck Renting and Leasing Association

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EnRoute - October 5, 2017

C.J. Driscoll & Associates recently completed a study of the ELD mandate and noted that 60% of commercial fleets are still monitoring their drivers' hours of service (HOS) with paper logs. FULL STORY





 

TOP STORIES

President Trump and Republican leaders have announced the long-awaited tax plan. The framework proposes cutting the top individual tax rate to 35% and rates on corporations would be set at 30%, down from the current 35%. Also, businesses would be allowed to immediately write off their capital spending for the past five years and pass-through businesses would have their tax rate capped at 25%. FULL STORY



 

TECHNOLOGY TRENDS 

 Allison Transmission introduced its plans to release the first 9-speed automatic transmission in 2020. FULL STORY 
 
Navistar International Corp. plans to develop full integrated diesel big bore powertrains in conjunction with Volkswagen Truck & Bus for the North American market in 2021. FULL STORY 
 
Dana Inc. is launching the SPL 250 Lite drive-shaft for heavy-duty trucks which has been engineered to reduce noise and vibration without impacting performance. FULL STORY 
 
Michelin's new XDA Energy + drive tire will save fleets $400 a year in fuel and is backing the promise up with a guarantee.  FULL STORY 
 
"Endurant," a 12-speed automated manual transmission, is the first product from the joint venture between Eaton and Cummins. FULL STORY 
 
Thermo King has unveiled two new products, the TriPac Envidia and its Precedent TRUs will be factory-equipped with TracKing telematics. FULL STORY




 

BRIEFLY

HINO TRUCKS is expanding its U.S. operations and introducing a new line of Class 7 and 8 trucks that will be introduced in 2019. . .PEOPLENET will sell ISE Fleet Services' eFleetSuite electronic logging devices.  the ISE ELDs will be offered specifically to fleets with fewer than 50 vehicles who are looking for a compliance-only solution. . .MORGAN CORPORATION has introduced improved side- and rear-steps, plastic toolboxes, and side-guard protection devices for truck bodies. . .CONTINENTAL TIRES THE AMERICAS LLC has released a digital tire monitoring platform for remote tire monitoring. the new ContiConnect technology enables fleet managers to see tire pressure and temperature data for the entire fleet in a single web portal. . .HENDRICKSON TRUCK COMMERCIAL VEHICLE SYSTEMS has partnered with FREIGHTLINER TRUCKS to offer the OPTIMAXX 6x2 liftable forward tandem axle, exclusive to the new Cascadia. . .BRIDGESTONE AMERICAS INC. will sponsor a premier figure skating event.  The 2017 Bridgestone Skate America will feature 60 of the top skaters from around the world and is scheduled to take place November 24-26 in Lake Placid, NY. 


 

PEOPLE 

Bridgestone Americas Inc. has hired SHANNON QUINN  as president, original equipment (OE) tire sales, U.S. and Canada, Bridgestone Americas Tire Operations. Quinn succeeds MIKE MARTINI, how has retired after a 40-year career with Bridgestone Americas. . .For the 11th consecutive year, Fortune has named PAM NICHOLSON, CEO and president of Enterprise Holdings, to its Most Powerful Women in Business. . .President Trump has nominated RAYMOND P. MARTINEZ to run the Federal Motor Carrier Safety Administration. . .DIANA FURCHGOTT-RUTH, a senior fellow at the Manhattan Institute for Policy Research, was nominated for the post of assistant secretary at the U.S. Department of Transportation for research and technology.     



 

TAKING STOCK

A look at truck transportation industry Fortune 500 public companies.

Company Symbol 10/5 Close  Performance
 
Allison Transmission Holdings ALSN $36.81 $0.27 -0.73%
Avis Budget Group Inc. CAR $38.69 $0.50 -1.28%
Cummins Inc. CMI $171.71 $0.04 -0.02%
Dana Incorporated DAN $28.49 $0.03 +0.11%
Eaton ETN $77.80 $0.26 -0.33%
Navistar International Corp. NAV $44.13 $0.02 +0.05%

PACCAR Inc.

PCAR

$74.73

$0.37

+0.50%

Ryder System, Inc.

R

$83.35

$0.36

+0.43%

         

   


 

NUMBERS    

The truck market is healthy and growing with Class 8 net orders of 22,100, a 62% increase from over a year ago.  FULL STORY  
 
The Federal Highway Administration is sending $40 million in federal relief funds to repair damage wrought by Hurricane Maria. 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 November 1, 2017 for consideration.  Visit our website for details: www.trala.org/scholarship