EnRoute
Headlines From The Vehicle Renting and Leasing Industry
Wednesday, October 14, 2009
Top Stories
The California Air Resources Board (CARB) has provided a list of pollution control technology options on its website to help carriers comply with its new regulations. FULL STORY
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The Government Accountability Office (GAO) has released a report that examines the effects of increased biofuel, the challenges to meeting the 2007 Energy Independence and Security Act’s goals and recommendations for moving forward. FULL STORY
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The American Transportation Research Institute (ATRI) has released its fifth annual survey of critical issues facing the trucking industry and the economy was the greatest concern by a wide margin. FULL STORY
Technology Trends
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Xata Corp. is rolling out their next-generation Fleet Performance Management (FPM) applications and a new onboard computer (OBC) to enable XATA’s fleet optimization solutions for the for-hire trucking market. FULL STORY
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The new Coronado Severe Duty (SD) is Freightliner Trucks’ newest truck that was developed specifically for severe-duty vocational applications and features rugged, traditional styling with performance-enhancing new features designed to maximize vehicle uptime. FULL STORY
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PHH Arval has introduced two new programs, PHH Violations Recovery program and E Toll Account Management; both are designed to help fleets manage violations incurred by fleet drivers on the road. FULL STORY
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An enhanced fleet-service program was recently unveiled from PACCAR Parts that will provide guaranteed national pricing, customized reporting and centralized billing for fleet customers through Kenworth PremierCare and Peterbilt TruckCare Services. FULL STORY
Briefly
PLM Trailer Leasing has announced a new strategic partnership with Carrier Transicold of Detroit which will enhance the capabilities of both companies by coupling the refrigerated trailer leasing experience of PLM with the broad refrigerated maintenance and service capabilities of Carrier Transicold of Detroit. . .Diamond International of Memphis, TN has celebrated the expansion of its facilities on Brooks Road which now has three large buildings on a 10-acre parcel . .UPS and Eaton Corp. were named to the “Carbon Disclosure Leadership Index” (CDLI) of leaders among companies listed on the S&P 500 Index. . .Kenworth Truck Company now offers Allison Transmission’s Load-Based Shift Scheduling (LBSS) as a standard feature on select Allison transmissions with its Class 8 and medium-duty trucks for enhanced fuel economy and performance. . .J.J. Keller & Associates, Inc. announces the availability of the complimentary newsletter series “Six Factors of a DOT Audit.” The new e-newsletter is designed to assist companies in preparing for a DOT Audit and identifying and reducing compliance gaps within their transportation safety program prior to an audit ever occurring. . .Yokohama has signed a deal with NationaLease to meet the leasing company’s commercial tire needs. The deal covers the entire Canadian fleet as well as the U.S. fleet when running in Canada. . .PeopleNet has announced that its PerformX engine monitoring system is fully compatible with Hino engines in the truck maker’s medium-duty 2008-2010 models. . .Those who purchase Carrier Transicold truck and trailer refrigeration units between now and the end of the year will get a welcome bonus – additional engine compliance life under California Air Resources Board (CARB) regulations. . .James Szudy, engineering manager of vehicle systems at Bendix Commercial Vehicle Systems, was chosen by the Society of Automotive Engineers International to receive a 2009 Outstanding Contribution Award. . .Continental AG has forged a manufacturing, technology sharing and licensing agreement with Modi Typres Co. Private Ltd. and as part of the deal, Modi will produce more than one million Continental brand bias-ply truck tires for the Indian market and the tires will be sold “via a revived Modi sales network.”
People
SAF-Holland S.A. has appointed Alexander Geis as president of its Aftermarket Business Unit and Dan Millar will take on additional responsibilities as vice president of the Americas, Pacific and Asia Aftermarket Business Unit such as purchasing, scheduling, warehousing and logistics.
Taking $tock
A look at truck transportation-industry Fortune 500 public companies:
| Company | Symbol (Click for Chart) |
10/14 Close | Two Week Performance | |
|---|---|---|---|---|
| Avis Budget Group Inc. | CAR | $12.54 | $0.57 | 4.76% |
| Cummins Inc. | CMI | $48.99 | $1.76 | 3.73% |
| Dana | DAN | $7.10 | $0.22 | 3.20% |
| Eaton | ETN | $59.64 | $2.15 | 3.74% |
| General Electric | GE | $16.84 | $0.45 | 2.75% |
| Goodyear Tire & Rubber | GT | $17.52 | $0.40 | 2.34% |
| Navistar International Corp. | NAV | $38.30 | $0.70 | 1.86% |
| PACCAR Inc. | PCAR | $37.36 | $0.51 | 1.38% |
| Ryder | R | $43.98 |
$2.38 | 5.72% |
SOURCE: Yahoo! Finance and bigcharts.com
News From TRALA
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