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Manheim

Briefly

Eaton Corporation has announced that customers using the company’s hybrid systems have collectively accumulated more than 30 million miles of clean, reliable service throughout the world. . .Daimler Trucks North America has selected Donaldson PowerCore G2 air intake systems for their 2010 Freightliner Coronado family of heavy-duty trucks. . .Penske Truck Leasing Co., L.P. has completed the acquisition of Bright Truck Leasing & Bright Distribution. The acquisition adds approximately 3,400 tractors, trucks and trailers to Penske’s existing fleet. . .Bridgestone Bandag Tire Solutions has announced its Bridgestone-brand R260F and R250F commercial tires are approved for use on Enviromental Protection Agency (EPA) SmartWay-certified equipment. . .The 2009 Security Benchmarking Survey, published by Security Magazine, has ranked Ryder System, Inc. as number one for security practices in the Transportation, Logistics, Supply Chain and Warehousing industry sector. The ranking is published as part of the magazine’s fourth annual Security 500 feature. . .Cummins Filtration and Valvoline are teaming up to provide Air Shield-branded diesel exhaust fluid (DEF). . .For the tenth consecutive year, the Women’s Business Enterprise National Council (WBENC) have named Avis Budget Group to its list of “America’s Top Corporations for Women’s Business Enterprises”. . .Navistar International Corp. is expanding its financing relationship with GE Capital, under which GE will become Navistar’s preferred financing provider for Navistar’s U.S. trucks and school buses. . .Enterprise Rent-A-Car has been named to BusinessWeek magazine’s list of ”Customer Service Champs,” the fourth straight year the company has been named as one of the top 20 brands featured on the list and is the only car rental brand included this year. . .Supply & Demand Chain Executive Magazine has named Steve W. Martin, Ryder’s Vice President of Supply Chain Excellence, as one of the 2010 “Provider Pros to Know.”

People

Karmak has added John Jasperson to its sales team as the newest regional manager. . .Bob Besse has been appointed to the position of vice president of sales and marketing for Supreme Corporation. He replaces Mark Beer who has been named to the newly created position of director of Strategic Accounts. . .Goodyear Tire & Rubber Co. has promoted Richard Kramer to CEO and President and named Tim Noe manager of its Danville, VA plant. . .President Obama will nominate retired Army Major General Robert Harding to head the Transportation Security Administration (TSA).

R.L. Polk

Taking $tock

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

Company Symbol
(Click for Chart)
3/10 Close Two Week Performance
Avis Budget Group Inc. CAR $11.20 $0.18 1.58%
Cummins Inc. CMI $60.23 $0.90

1.47%

Dana DAN $11.63 $0.29

2.43%

Eaton ETN $72.46 $0.04 0.06%
General Electric GE $16.51 $0.02 0.12%
Goodyear Tire & Rubber GT $13.60 $0.04 0.29%
Navistar International Corp. NAV $41.91 $2.34 5.29%
PACCAR Inc. PCAR $39.76 $0.15 0.39%
Ryder R

$36.43

$0.18 0.49%

SOURCE:  Yahoo! Finance and bigcharts.com

Money Matters

  • The South Coast Air Quality Management District (SCAQMD) of California has announced two separate vehicle replacement grant programs totaling more than $37 million and grant applications are due March 12, 2010. FULL STORY

News From TRALA

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