EnRoute - September 11, 2013
The FASB's Investor Advisory Committee (IAC), a standing committee that works closely in an advisory capacity with the FASB, has declined to support the lease accounting proposal. The IAC is recommending that the boards increase disclosure requirements about leases rather than placing them on the balance sheet. FULL STORY
An online survey focused on Diesel Exhaust Fluid (DEF) conducted by PEAK Commercial & Industrial found that the top concern of those surveyed was how DEF with selective catalytic reduction (SCR) technology impacts overall fuel economy. FULL STORY
The International Council on Clean Transportation had a report commissioned which found battery-electric and fuel cell electric trucks could be feasible in Europe by 2030. This trend could assist the European Union in achieving its goal of reducing total CO2 emissions by 80% in 2050. FULL STORY
J.J. Keller & Associates, Inc. has unveiled the Compliance Tablet, a 7” Samsung Galaxy Tab 2 that is pre-loaded with J.J. Keller Mobile applications. FULL STORY
Donaldson has expanded its PowerCore product line which now covers more on- and off-road applications with the recent additions of the PCD family and PSD14. FULL STORY
Comdata has introduced SmartSight, a new web-enabled site controller to help petroleum marketers and oil distributors improve management and security of unattended fueling locations. FULL STORY
Vigillo's IQLab has released a report, “Comprehensive State Enforcement Statistics,” which is a comprehensive report on enforcement disparity by county and state. FULL STORY
Morgan Corporation has partnered with Mitsubishi Fuso Truck of America, Inc. to make Morgan's Maximizer step-in body available on Mitsubishi's full line of Canter FE Series cabover work trucks. FULL STORY
Ryder System, Inc. was presented with two Awards of Excellence in the 2013 TMSA Compass Awards Program by the Transportation Marketing and Sales Association (TMSA). Winners were selected from over 80 entries and judged for their excellence in transportation marketing and sales techniques. . .The Kenworth Truck Company assembly plant in Renton, WA has received the 2013 Best Workplace for Waste Prevention and Recycling Award from the King County Solid Waste Division for its exceptional efforts to reduce, reuse and recycle. . .Daimler Trucks North America has expanded its Elite Support Certified dealer network, bringing the number of North American locations to 113. Elite Support is a collaborative initiative between DTNA and its truck dealers that focuses on continuously improving the customer experience. . .MHC Kenworth has opened a new dealership in Tye, TX, that includes six service bays, offers new and used truck sales, parts and service for all makes and models, and has an extensive inventory of parts. . .Utility Trailer Manufacturing Company has announced the opening of Utility Trailers de Andes in Bogota, Colombia. Utility Trailers de Andes is a wholly owned subsidiary of Utility Trailers de Mexico S.A. de C.V.
FleetNet America has hired Phil Walker as a national account executive; Chris Fernandez and Leo Vilchez as region sales managers.
Taking $tockA look at truck transportation-industry Fortune 500 public companies:
|Company||Symbol (Click for Chart)||09/11 Close||Performance|
|Allison Transmission Holdings||ALSN||$24.69||$0.43||+1.77%|
|Avis Budget Group Inc.||CAR||$29.63||$0.49||+1.68%|
|Dana Holding Corp.||DAN||$22.21||$0.28||-1.25%|
|Goodyear Tire & Rubber||GT||$22.10||$0.13||+0.59%|
|Navistar International Corp.||NAV||$36.58||$0.27||-0.73%|
SOURCE: Yahoo! Finance
The American Transportation Research Institute (ATRI) has released an update to its report, “An Analysis of the Operational Costs of Trucking.” The research identifies trucking costs from 2008 to 2012 derived directly from fleets' financial and operational data. FULL STORY
News From TRALA
TRALA Announces Recent Industry Scholarship Recipients
TRALA recently named Jake Palmer and Andrew Rosebrook as the Industry Scholarship recipients. To read a copy of the recent press release that was issued on these two scholarship recipients, click here. At this time, the Industry Scholarship program has awarded six scholarships since its inception in 2012.
Each year the program will annually award up to four $2500 scholarships to students pursuing a course of study related to the truck transportation industry at an accredited vocational training school. The scholarship program is open to TRALA member employees, as well as their children. Additionally, there is no age limit on the new scholarship program and veterans are encouraged to apply.
The current deadline for applications is November 1, 2013. If you apply and are not selected, you are encouraged to apply for the next application deadline which is June 1, 2014.
Please follow the link, http://www.trala.org/content.asp?contentid=40, for a complete description of the program and to access the application. If you have any questions or concerns regarding TRALA's Industry Scholarship Program, please contact TRALA's Brian Hefner at email@example.com or (703) 299-9120.