Blog
EnRoute - February 5, 2014
- By: Shannon Davison
- On: 02/05/2014 16:22:29
- In: EnRoute
Top Stories
The Department of Transportation announced its intent to begin taking steps to require vehicle-to-vehicle (also known as V2V) communication that would allow vehicles to “talk” to each other to exchange information like speed and road position to avoid crashes, especially common ones like rear-end, lane change and intersection crashes. FULL STORY
Briefly
Meritor has unveiled two new Nissan NV3500 vans that will be used to deliver training to warehouse distributors, service garages and fleets in the U.S. and Canada. The vans will offerhands-on training that focuses on drivetrain and undercarriage components. . .Hino Trucks has donated a cab-over truck to Canadian Valley Technology Center, a vocational school located outside of Oklahoma City. CV Tech lost several vehicles as a result of the May 31, 2013 tornado. . .Double Coin Tires and CMA launched a new Double Coin Tires mobile application available for Apple iPhone and Android smartphones. . .Mack Trucks is offering special financing for U.S. military personnel looking to purchase a new Mack vehicle. . .Utility Trailer Manufacturing Company has launched a new mobile application for Apple iPhone and Android smartphones. The free mobile application uses GPS capabilities to search for a Utility dealership location within a user's geographic location. . .Peterbilt is celebrating its 75th anniversary with commemorative events throughout the year that include a North American tour with specialized anniversary trailer, a limited-edition Model 579 and numerous other activities.
People
Thomas E. O'Donnell has joined the law firm of Scopelitis, Garvin, Light, Hanson & Feary. O'Donnell will provide services on behalf of the firm's new offices in Mount Ephraim, New Jersey and Philadelphia, Pennsylvania. . .Hercules has hired Nathan Vandiver as an assistant production control manager. . .Bridgestone Americas Inc. (BSAM) has announced that Gordon Knapp will become COO of BSAM and chairman, CEO and president of Bridgestone Americas Tire Operations (BATO). . .Aditya “A.D.” Naik has been named vice president, Finance, Vehicle Group for Eaton. . .Karmak has announced the retirement of two regional managers, Larry O'Connor and Ron Kiser. . .Thomas Doll has been appointed vice-president, global purchasing excellence for Bendix Commercial Vehicle Sysetms LLC. . .Richard Kolodziej has announced that he will be retiring as president of NGVAmerica. He has been the organization's president since 1995.
A look at truck transportation-industry Fortune 500 public companies: Taking $tock
Company | Symbol (Click for Chart) | 2/5 Close | Performance | |
---|---|---|---|---|
Allison Transmission Holdings | ALSN | $28.38 | $0.12 | -0.42% |
Avis Budget Group Inc. | CAR | $37.63 | $0.18 | -0.48% |
Cummins Inc. | CMI | $126.67 | $0.27 | +0.21% |
Dana Holding Corp. | DAN | $18.35 | $0.11 | -0.60% |
Eaton Corp. | ETN | $69.10 | $0.45 | +0.66% |
General Electric | GE | $24.52 | $0.05 | -0.20% |
Goodyear Tire & Rubber | GT | $22.86 | $0.05 | -0.22% |
Navistar International Corp. | NAV | $33.23 | $0.42 | +1.28% |
PACCAR Inc. | PCAR | $56.90 | $1.84 | +3.34% |
Ryder | R | $68.81 | $0.71 | -1.02% |
SOURCE: Yahoo! Finance
Money Matters
PACCAR has reported revenue of $17.12 billion in 2013 compared to revenue of $17.05 billion in 2012. This is the company's third best net annual profit in company history. FULL STORY
Meritor recorded a profit of $11 million for the fourth quarter of 2013, compared to a loss of $21 million for the prior year. FULL STORY
Meritor recorded a profit of $11 million for the fourth quarter of 2013, compared to a loss of $21 million for the prior year. FULL STORY
News From TRALA
Register Today to Attend TRALA's 2014 Annual Meeting
You don't want to miss out on attending one of the largest gathering of rental and leasing executives in North America. The 2014 Annual Meeting is scheduled for March 10-14 at the Westin Kierland Resort & Spa in Scottsdale, Arizona. Click here to register to attend this important meeting.
Mack Leasing/Volvo Truck Leasing, NationaLease, and PacLease are scheduled to hold meetings in conjunction with the TRALA meeting, which will create more efficiency for attendees wanting to connect with the entire industry. To view the meetings and events scheduled for March 10 through March 14, please click here.
Hotel reservations for the Annual Meeting will only be accepted through the Annual Meeting registration form or by contacting TRALA'sLeslie Hummel. The information provided in the registration form will be submitted to the hotel on your behalf. No credit cards are required to guarantee your reservation at this time. Hotel confirmation numbers will be forwarded to all guests by a member of the TRALA staff as soon as they are received from the hotel.
Any questions should be directed to TRALA's Shannon Davison by email at sdavison@trala.org or contacting the TRALA Staff at (703) 299-9120.