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EnRoute - April 17, 2013


Top Stories

The Financial Accounting Standards Board (FASB) has voted 4 to 3 to issue the proposed accounting standards update for public comment.   FULL STORY 
 
The CSA Subcommittee of the Motor Carrier Safety Advisory Committee has agreed that the Federal Motor Carrier Safety Administration (FMCSA) should extend its efforts on determining fault in crashes. FULL STORY
 
Federal regulators are planning to issue proposed rules this year covering stability control systems and speed limiters on heavy trucks. FULL STORY
 
 
The U.S. and Canada have signed a deal to implement a pilot program in which truck cargo heading in the U.S. will be pre-inspected in Canada before crossing the border. FULL STORY


Technology Trends

Michelin has introduced the X Line Energy T, a new trailer tire which uses advanced compounding technology to meld that with long tread and casing life. FULL STORY
 
Thermo King has unveiled the T-80 Series truck temperature control platform. The T-80 incorporates an EPA/CARB-compliant engine, QuickTemp Control and enhanced drive belt system. FULL STORY
 
Hino has introduced a new air suspension for its 195 model. The new suspension, specifically designed for Hino consists of a Z-beam design, including a 12-volt compressor, dual air bags and a magnetic height control sensor. FULL STORY
 
Spireon FleetLocate Local Fleet product line has added new FL11Z, FL11Z-EQ and FL700Z trailer and equipment tracking devices.  The Local Fleet line is designed for small and medium sized businesses (SMB's) with local fleets. FULL STORY
 

Briefly

Double Coin Tires and CMA have announced the company's newest distribution center groundbreaking ceremony to take place on April 25, 2013. The new warehouse and distribution center will be located on 6 acres in Rancho Cucamonga, CA. . .Dana Holding Corporation was presented with a 2013 Automotive News  PACE Award for its innovative Spicer Diamond  Series driveshaft. . .Penske Truck Rental  has introduced an improved version of PenskeTruckRental.com to improve the online experience and speed up reservations for its customers. . .Utility Trailer Manufacturing Company has released a new video showcasing the company's proprietary foam-in-place insulation process. The video can be viewed at www.utilitytrailer.com/resources/photos-videos?id=ut-foam-in-place. . .MHC Kenworth – Kansas City received the 2012 Dealer of the Year Award for the United States and Canada at a recent Kenworth Dealer Meeting. . .Penske Logistics has completed a relocation and upgrade of its data center. The data center supports the company's supply chain customers. . .Universal Technical Institute is now offering a Cummins engine program at its Exton campus. Cummins' elective program, exclusively available at select UTI campuses, is offered to students who have completed the UTI's core Diesel and Industrial Program, providing them with 12 weeks of intense training on the latest Cummins technologies. . .Hendrickson Truck Commercial Vehicle Systems has launched an online Vocational Truck Suspension Selector Tool which can be accessed through www.hendrickson-intl.com/suspensiontool. . .Enterprise Holdings has received the 2013 Sustainability Outstanding Achievement Award in the “Travel Supplier/Transportation” category from the Global Business Travel Association's (GBTA).  
 

People

Jack Allen has been appointed to executive vice president and chief operating officer of Navistar International. . .Hino Motors Sales U.S.A has named Yoshinori Noguchi president.

 

Taking $tock

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

Company Symbol (Click for Chart) 04/17 Close Performance
Allison Transmission Holdings ALSN $21.16 $0.34 -1.58%
Avis Budget Group Inc. CAR $27.56 $0.47 -1.68%
Cummins Inc. CMI $108.01 $3.31 -2.97%
Dana Holding Corp. DAN $15.80 $0.49 -3.01%
Eaton Corp. ETN $57.35 $1.70 -2.7%
General Electric GE $23.00 $0.34 -1.46%
Goodyear Tire & Rubber GT $12.06 $0.15  -3.22%
Navistar International Corp. NAV $30.89 $0.82 -2.59%
PACCAR Inc. PCAR $47.57 $1.08 -2.22%
Ryder R $56.61 $2.03 -3.46%

SOURCE: Yahoo! Finance

 

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