EnRoute
Headlines From The Vehicle Renting and Leasing Industry
Wednesday, December 2, 2009
Top Stories
A new labor pool of maintenance technicians has developed for medium- and heavy-duty fleet repair facilities with the closure of car dealerships across the country. FULL STORY
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Fleets need to continue to have a handle on tire maintenance and extending tire life regardless of the economic conditions FULL STORY
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A vehicle miles traveled tax (VMT) as a replacement for the federal fuel tax, has several lawmakers, Department of Transportation officials and experts expressing concerns about elements of the plan. FULL STORY
Technology Trends
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Continental Tire North America Inc. has enhanced the performance capabilities of its Continental HSR1 medium truck tire for delivery and special applications so it now contains a curb/scuff rib feature in the 245/7OR19.5 size. FULL STORY
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In response to a new Federal Motor Carrier Safety Administration (FMCSA) initiative, J.J. Keller & Associates, Inc. has introduced CSA 2010: A Driver’s Guide which is a DVD-based awareness training program for drivers. FULL STORY
Briefly
Odessa Technologies has announced that Merchants Leasing has selected the Odessa’s LeaseWave lease and fleet management suite to automate and administer the entire front office fleet management process including vehicle configuration, quoting, ordering, registration and delivery. . .Kenworth Truck Company has recently launched Hendrickson’s PRIMAAX EX heavy-duty vocational rear air suspension. . .Thermo King is offering discounts on preventative maintenance services for its TriPac Hybrid Auxiliary Idle Reduction and Temperature Management System now through January 29, 2010. . .Yokohama Tire Corp. celebrated 40 years in the U.S. on November 24. . .Eaton Corp. has a new web feature, Eaton’s Sustainability Community, which explains Eaton’s sustainability story and gathers a wide range of Eaton products and services that can help customers manager their power needs and serves as a “one-stop shop” to learn more. . .J.J. Keller & Associates, Inc. has received the Silver “Well Workplace” Award from the Wellness Council of America and its local affiliate, the Wellness Council of Wisconsin.
People
Steve Ostarello has been named the new vice president of powertrain product development for Navistar Inc. . .SkyBitz has appointed Henry Popplewell as senior vice president of sales and Siamak Azmoudeh as senior vice president of product line management. . .Timothy Riebau has joined J.J.Keller & Associates, Inc. as vice president of Product Sales.
Taking $tock
A look at truck transportation-industry Fortune 500 public companies:
| Company | Symbol (Click for Chart) |
12/2 Close | Two Week Performance | |
|---|---|---|---|---|
| Avis Budget Group Inc. | CAR | $10.96 | $0.94 | 9.38% |
| Cummins Inc. | CMI | $43.42 | $3.74 | 7.93% |
| Dana | DAN | $8.04 | $0.18 | 2.29% |
| Eaton | ETN | $64.66 | $0.77 | 1.18% |
| General Electric | GE | $16.07 | $0.10 | 0.62% |
| Goodyear Tire & Rubber | GT | $14.05 | $0.06 | 0.43% |
| Navistar International Corp. | NAV | $32.42 | $2.24 | 6.46% |
| PACCAR Inc. | PCAR | $36.99 | $1.07 | 2.81% |
| Ryder | R | $41.42 |
$0.28 | 0.68% |
SOURCE: Yahoo! Finance and bigcharts.com
Money Matters
SAF-Holland reported a profitable third quarter for 2009 based on a highly successful restructuring of its operating business with a comprehensive cost reduction program. FULL STORY
News From TRALA
TRALA's unrivaled record of success has earned the truck renting and leasing industry a strong reputation with the governments at the federal and state level. Legal Action Fund contributions allow TRALA to continue to uphold the highest standards our industry has come to expect. Please help support TRALA’s legislative and regulatory advocacy efforts and join your colleagues in making a contribution to TRALA’s 2009/2010 Legal Action Fund campaign today. Visit TRALA’s website at www.trala.org to make your contribution. Your continued support is greatly appreciated.
As your high school seniors are getting ready to head back to school, it’s not too early to be thinking about paying for college this time next year. One strategy is for your son or daughter to apply for a TRALA Scholarship that could amount to $20,000 over four years. Applicants must be dependent children (high school seniors only) of full-time employees of TRALA member companies. Employees must have been working full-time for the company a minimum of one year as of the application deadline. Applicants must have a cumulative grade point average of 3.0 or higher on a 4.0 scale and plan to enroll in a full-time course of study at an accredited four year college or university. Just click here to apply. The application deadline is January 15, 2010. Please contact TRALA’s Tonya Gibbs at (703) 299-9120 or tgibbs@trala.org.