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Truck Renting and Leasing Association

The unified voice for truck renting and leasing


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EnRoute - September 25, 2013


Top Stories

TRALA's president and CEO, Thomas M. James, participated in a roundtable discussion this week hosted by the FASB and IASB in Norwalk, CT, which was the first of many seeking feedback on the lease accounting proposal.   FULL STORY 
 
TRALA is supporting legislation that was recently introduced in The U.S. House of Representatives that opposes increasing the 12% Federal Excise Tax (FET) on the purchase of heavy-duty trucks and trailers. FULL STORY  
 
Model year 2006 TRU and TRU generator set engines must comply with TRU regulations, in-use performance standards by December 31. The California Air Resources Board (CARB) is recommending fleets take immediate action to order level 3 verified diesel particulate filters for retrofitting engines by the end of 2013. FULL STORY  

 

Technology Trends

Detroit Diesel Corporation has introduced Detroit Connect, the telematics arm that includes the Detroit Virtual Technician onboard diagnostics system. FULL STORY
 
The Michelin XDS 2 Pre-Mold retread was launched by Michelin Retread Technologies and designed with a 10% improvement in tread life over the XDS Pre-mold. FULL STORY
 
Cummins Inc. has launched a global heavy-duty engine platform, the in-line six G series. The initial G Series engines are designed to run on diesel fuel and will be available in 10.5- and 11.8 liter displacements. FULL STORY
 
Carrier Transicold's new Vector 8500 single-temperature hybrid trailer refrigeration unit has reduced its weight, improved fuel economy and has greater refrigeration capacity. The Vector 8500 also incorporates the company's ecoFORWARD technologies which boost performance while providing compliance with 2013 Tier 4 emissions requirements from the U.S. Environmental Protection Agency (EPA). FULL STORY
 
Maxon Lift Corp. has developed the RA slidelift series, a fully galvanized new trailer side door liftgate. The new design encompasses wide arm configurations for greatest stability and maximum trailer side rail clearance capabilities. FULL STORY
 
Bendix is now offering the Bendix Basic Friction, the Bendix Advanced Friction and the Bendix OE Friction, a new aftermarket friction line. FULL STORY
 


Briefly

Daimler Trucks North America (DTNA) has announced it will construct a new 265,000 sq.-ft. corporate headquarters and will launch a new program for area youth. . .Thermo King  and Add On Systems, Inc. has introduced the integration of Thermo King TracKing Telematics System with AOS iSeries software. . .Volvo's New River Valley assembly plant in Dublin, VA, has achieved zero landfill status at its manufacturing operations. Waste generated by the facility, which manufacturers all Volvo trucks sold in North America, is now recycled, composted or converted to electricity. . .This year marked the 100th year anniversary of Magnus Hendrickson founding the Hendrickson Motor Truck Company in 1913. The company has unveiled a new corporate communications campaign titled, “Solutions Through Innovations”. . .Suppose-U-Drive has opened a brand new facility in Ontario, CA. . .Hercules Manufacturing Company  and eNow have developed a new strategic partnership that will provide new solar powered systems on all Hercules insulated and dry freight body customers. . .M&K Quality Truck Sales has expanded its presence in the Chicago area, opening a parts sales operation in Melrose Park. . .Tallman Truck Centres recently celebrated 40 years in business. . .Eaton's Vehicle Group has been Supplier of the Year for the second consecutive year by Idealease, Inc.  It is the first time a supplier has received the award in consecutive years in the 31 years that Idealease has conducted this recognition program. Mack Leasing System has added 11 new leasing locations to its network, including seven in Canada.
 

 
 

People

 
Great Dane president and CEO Bill Crown will step aside as president, while retaining his role as CEO. Executive vice president of sales and strategic planning, Dean Engelage, will take over as president.
 

 
 
 

Taking $tock

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

Company Symbol (Click for Chart) 09/25 Close Performance
Allison Transmission Holdings ALSN $24.76 $0.23 +0.94%
Avis Budget Group Inc. CAR $30.10 $0.08 +0.27%
Cummins Inc. CMI $133.70 $0.23 -0.17%
Dana Holding Corp. DAN $22.88 $0.04 +0.18%
Eaton Corp. ETN $70.40 $0.03 -0.04%
General Electric GE $24.23 $0.09 -0.37%
Goodyear Tire & Rubber GT $22.98 $0.16  +0.70%
Navistar International Corp. NAV $36.79 $0.20 -0.54%
PACCAR Inc. PCAR $56.41 $0.36 -0.63%
Ryder R $59.57 $0.30 +0.51%

SOURCE: Yahoo! Finance

 

Money Matters

KPMP LLP recently conducted a survey that indicated as customer demands become more sophisticated, it is forcing a wide variety of companies to adopt new business models and deploy more advanced technologies. FULL STORY 
 

 


 

News From TRALA 

 
Support TRALA's 2013 Legal Action Fund Campaign! 

Please support TRALA's Legal Action Fund by making a corporate contribution today. TRALA is engaged in major legislative, regulatory, and legal battles that directly impact your company's bottom line. 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 fight and win to protect your company's best interests.  With Congress considering comprehensive tax reform legislation that includes the elimination of current accelerated and bonus depreciation provisions, and significant tax increases for S-Corporations and other flow-through entities, now is an incredibly important time for TRALA to have a strong Legal Action Fund. Click here to make your company's donation! Thank you for your support of TRALA's advocacy efforts.