EnRoute
Headlines From The Vehicle Renting and Leasing Industry
Wednesday, July 22, 2009
Top Stories
Democrats are making a new push in the U.S. Senate to pass a revised version of the Employee Free Choice Act that does not include the card check provision. FULL STORY
-
Corporate fleet owners continue to look at different ways to cut costs and as maintenance continues to be the second-highest expense, vehicle maintenance has become the prime target. FULL STORY
-
A survey conducted by the Coalition for Transportation Productivity found that more than half the Americans surveyed support allowing trucks with proper safeguards to carry more weight on U.S. interstates as a way to make roads safer, reduce environmental impact and strengthen the economy. FULL STORY
-
The U.S. Environmental Protection Agency (EPA) has agreed to remove language in the final rule of the On-Board Diagnostics systems that seemed to absolve heavy-duty engine manufacturers from liability for emissions warranty if an aftermarket company had worked on the engine. FULL STORY
Technology Trends
-
Donaldson has introduced its family of XRB air cleaners which are suited for off-road equipment operating in medium-dust environments. FULL STORY
-
Continental has introduced the HTL1 (Heavy Trailer Long-Haul), a single wide-base trailer tire that replaces duals on highway or regional trailer axle fitments. FULL STORY
Briefly
Apartment Guide and Penske Truck Rental have announced that people who follow @aptguide on Twitter have a chance at winning a Grand Prize of “Free Rent for a Year ($15,000 in cash) and a credit of up to $1,000 to be used for a consumer Penske Truck Rental. Four Runner Ups will each receive an 8GB iPod Touch. . .Andrew Schaefer of Altruck Idealease, Kitchener, Ontario, has been named the Idealease Top Service Technician for 2009 at the first annual Idealease Technician Competition help in June at the Universal Technical Institute in Glendale Heights, IL. . .Hendrickson Truck Suspension Systems officials announce the STEERTEK front steer axle is now standard on International ProStar and TranStar vehicle models. . .Mack Trucks has received national recognition for its employee wellness program from The National Business Group on Health. . .Fleet One has kicked off its Super 7 Sweepstakes and entrants will have the opportunity to win one of seven prizes, with first prize being $10,000 in free fuel. The sweepstakes will run through December 15 and is open to all over-the-road trucking businesses. Entries can be made by texting “SWEEPS” to 48696 or online at http://www.fleetone.com/sweeps. . .Kenworth Truck Company recently received a 2009 Exemplary Innovation Award from the California Economic & Workforce Development program in association with the California Community Colleges. . .The United Stationers Supply Co. has selected Ryder System, Inc. to provide the company with Dedicated Contract Carriage services.
People
Greg Koren has been promoted to senior vice president of sales for Enterprise Solutions. . .Navistar has created three regional Engine Group business units to better focus on its expanding customer base around the world. Eric Tech becomes president, Navistar Engine Group; Andy Dondlinger becomes vice president and general manager of North American business operations; Waldey Sanchez continues as president and chief executive officer of Navistar’s South American engine operation; Jose Eduardo Luzzi becomes vice president and general manager of Navistar’s Global Operations; David LaPalomento becomes vice president of Global Integration; and Jim Jesionowski becomes director of Global Manufacturing Engineering and Quality. . .The U.S. Senate has confirmed Victor Mendez as administrator of the Federal Highway Administration. . .Richard E. Lightner, executive vice president of the Ohio Vehicle Leasing Association (OLVA), passed away on July 7 from sudden complications with heart disease and diabetes. He was 67.
Taking $tock
A look at truck transportation-industry Fortune 500 public companies:
| Company | Symbol (Click for Chart) |
7/22 Close | Two Week Performance | |
|---|---|---|---|---|
| ArvinMeritor | ARM | $3.66 | $0.02 | 0.54% |
| Avis Budget Group Inc. | CAR | $7.10 | $0.01 | 0.14% |
| Cummins Inc. | CMI | $39.53 | $0.24 | 0.60% |
| Dana | DAN | $2.67 | $0.18 | 7.23% |
| Eaton | ETN | $49.42 | $0.43 | 0.88% |
| General Electric | GE | $11.63 | $0.16 | 1.39% |
| Goodyear Tire & Rubber | GT | $13.63 | $0.10 | 0.74% |
| Navistar International Corp. | NAV | $40.65 | $1.32 | 3.15% |
| PACCAR Inc. | PCAR | $34.07 | $0.77 | 2.31% |
| Ryder | R | $27.53 |
$0.42 | 1.55% |
SOURCE: Yahoo! Finance and bigcharts.com
News From TRALA
Access the Entire Renting and Leasing Industry!!
Advertising space is still available in TRALA’s 2009-2010 Membership Directory and Buyers Guide! Contact TRALA’s Brian Hefner at (703) 299-9120 or bhefner@trala.org for more information on the rates and guidelines.