EnRoute - December 3, 2014
The Federal Motor Carrier Safety Administration (FMCSA) has published and Advanced Notice of Proposed Rulemaking with a list of 26 questions aimed at gathering industry input on the issue of increasing liability coverage for trucking operators before proceeding with any rulemaking. FULL STORY
FMCSA has issued a timeline for a final rule requiring truckers to use electronic logging devices to record their hours of service. The administration announced that it intends to submit a final rule to the Office of the Secretary of Transportation in May 2015 and publish the rule by the end of September 2015. FULL STORY
ACT Research has reported that North American Class 8 truck orders jumped 93.5% in November, the second-highest total since 2006. FULL STORY
Navistar and Terranova GTS have introduced a new truck that is designed to help in disaster relief efforts. It has a water purification system that can clean 5,000 gallons of water a day, as well as firefighting capabilities and a medical unit. FULL STORY
Ryder System has introduced RedZone, a new loyalty program for its commercial rental customers that allows them to earn points and rewards for each rental dollar they spend. FULL STORY
Ryder System, Inc., hosted a U.S. - Mexico Border Security Summit on November 13th to initiate information sharing between customers, business partners and government security agencies. The conference took place in Ft. Worth, TX, and featured security briefings by members of the U.S. Department of Homeland Security and its component agencies, U.S. Custom and Border Protection and the Tranportation Security Administration. . .Utility Trailer Manufacturing Company's Glade Spring, VA, manufacturing plant has been awarded the 2014 Manufacturer of the Year Award seeks to highlight a company that has gone above and beyond in the categories of innovation, corporate citizenship and advocacy. . .The McCandless Truck Center International dealership group has acquired Hansen International of Western Colorado. With this acquisition, McCandless now operates six Colorado locations. . .The Mack Trucks Historical Museum celebrated its 30th anniversary in November. The museum commemorates 114 years of Mack history through photos, memorabilia and a collection of vintage Mack truck models.
Eaton has named Pavan Pattada as president, North American Truck, effective January 1, 2015 and Gerard DeVito has been named vice-president technology, vehicle group. . .Shawn Rogers has been hired as the new director of sales for Thermo King Canada. . .Hercules Manufacturing Co. has hired Haleigh Emerson as an Administrative Assistant. .President Obama has nominated Mark Rosekind of the National Transportation Safety Board (NTSB) to the top job at the National Highway Traffic Safety Administration (NHTSA).
Taking $tockA look at truck transportation-industry Fortune 500 public companies:
|Company||Symbol (Click for Chart)||12/03 Close||Performance|
|Allison Transmission Holdings||ALSN||$33.61||$1.01||+3.10%|
|Avis Budget Group Inc.||CAR||$59.81||$1.67||+2.87%|
|Dana Holding Corp.||DAN||$21.92||$0.50||+2.33%|
|Goodyear Tire & Rubber||GT||$27.47||$0.23||+0.84%|
|Navistar International Corp.||NAV||$37.59||$1.04||+2.85%|
SOURCE: Yahoo! Finance
News From TRALA
Registration Today for TRALA's 2015 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 2015 Annual Meeting is scheduled for March 15-19 at the Omni Amelia Island Plantation Resort in Amelia Island, Florida. 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 efficiencies for attendees wanting to connect with the entire industry. To view the meetings and events scheduled for March 15 through March 19, please click here.
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