EnRoute - September 10, 2014
Despite the money approved for the Highway Trust Fund, The Congressional Budget Office projects that the Highway Trust Fund will fall about $2 billion short in 2015 and drop even lower without action by Congress to keep it afloat. FULL STORY
Canada and the U.S. have agreed to work more closely on a number of transportation issues which were formalized by the Canada-United States Regulatory Co-operation Council. FULL STORY
The Federal Motor Carrier Safety Administration (FMCSA) will conclude in October its granting long-haul authority to Mexican carriers. A 2007 law requires that the Department of Transportation Office of Inspector General audit the program and submit a final audit to Congress six months after the program ends. FULL STORY
Bridgestone Firestone has unveiled FS561, an on-highway all-position radial tire that is recommended for steering applications in regional and pickup and delivery-use. FULL STORY
Eaton has introduced Procision, a new 7-speed transmission to the medium-duty market that features a dual-clutch design and electronic shifting. FULL STORY
China Manufacturers Alliance (CMA) has a new brand of commercial tires, the Duraturn lineup, which includes a range of tires SmartWay-certified for low rolling resistance. FULL STORY
Mitsubishi Fuso Truck of America, Inc. has unveiled Idle Limit System (ILS) option for controlling engine idle times to any of its 2012 through 2015 model-year Canter work trucks. The ILS programming can be set at the time of programming to shut the engine down after three, five or ten minutes of idle duration. FULL STORY
Vigillo is upgrading the Athena big data platform with new capabilities and features including customized fuel and maintenance dashboards. FULL STORY
Ryder System, Inc. has launched a new website which will better help commercial customers in the U.S. and Canada manage their rental truck needs. The new Ryder Rental Reservation website allows customers to reserve trucks, cancel reservations and also locate Ryder rental facilities. . .Continental has updated its tire pressure monitoring system (TPMS) to include automatic trailer learning. ATL allows trucks equipped with ContiPressureCheck to automatically recognize new trailers equipped with only tire sensors. . .Western Star Trucks has revamped its website, www.WesternStar.com, to provide users information on truck models, current news, upcoming events, dealer and service locator and access to brand merchandise. . .Since joining the 100,000 Jobs Mission coalition in 2012, Enterprise Holdings has added more than 4,000 military veterans to its staff. In 2014 alone, Enterprise hired 1,000 military veterans. . .Bridgestone America's tire manufacturing plant in Warren County, TN, has earned LEED V3 recertification at the silver level from the U.S. Green Building Council. The plant joins only two other manufacturing projects in the world to achieve LEED certification for existing buildings. . .A Kenworth T880 52-inch sleeper truck with a special Seattle Mariners theme was part of a PACCAR fund-raising effort outside of Safeco Field in support of the Page Ahead Children's Literacy Program in Seattle. PACCAR and Kenworth employee volunteers collected cash donations and accepted new children's book donations for Page Ahead. PACCAR began a partnership with Page Ahead in 2007. . .Tallman Truck Centre has acquired Woodbine Truck Centre, which has been an International truck dealership since 1969. The location will be re-branded as Tallman Truck Centre – Markham.
Vince Polentes has been named vice-president of North American sales for Decisiv Inc.. . .Goodyear Tire & Rubber Company has appointed Richard Kellam as senior vice president, global sales and marketing and Christina Zamarro has been named vice president of investor relations. . .Bob Pyle, president of Dana Light Vehicle Driveline Technologies and the Asia-Pacific region, was honored by the Shanghai Municipal Government with the Shanghai Magnolia Award. This recognition highlights Mr. Pyle's extensive contributions to the city's economic and social development and is the highest honor a foreign national can receive in Shanghai.
Taking $tockA look at truck transportation-industry Fortune 500 public companies:
|Company||Symbol (Click for Chart)||9/10 Close||Performance|
|Allison Transmission Holdings||ALSN||$29.99||$0.08||-0.27%|
|Avis Budget Group Inc.||CAR||$63.37||$0.51||-0.80%|
|Dana Holding Corp.||DAN||$22.19||$0.24||-1.07%|
|Goodyear Tire & Rubber||GT||$35.00||$0.17||+0.68%|
|Navistar International Corp.||NAV||$39.08||$0.07||-0.18%|
SOURCE: Yahoo! Finance
Navistar Inc. has reported $21 million in income from continuing operations before income taxes for the third quarter of 2014, compared to a $211 million loss for the same period a year ago. FULL STORY
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