EnRoute - January 29, 2015
The Executive Committee for the Truck Renting and Leasing Association has unanimously chosen Jake Jacoby as President and CEO effective immediately. FULL STORY
Privacy of data continues to remain a major concern in the federal rulemaking effort to mandate electronic logging devices (ELDs) in the trucking industry. FULL STORY
According to an analysis by the Federal Motor Carrier Safety Administration (FMCSA), the difficulty and cost of including crash fault in the CSA safety enforcement system appears to outweigh the benefits. FULL STORY
California fleets running medium-duty diesel trucks older than 20 years may have to replace these Class 4-6 vehicles under new regulations that will be going into effect in 2015. FULL STORY
One of the major additions to exhaust systems in recent years are diesel particulate filters. They have also become a blessing and a curse to fleet managers. FULL STORY
Eaton has expanded its UltraShift Plus automated transmission offerings with a new A-ratio designed for extreme performance applications and production is scheduled to begin this month. FULL STORY
Meritor is expanding its Euclid brand suspension line by adding 200 new parts to the portfolio of more than 2,000 in-stock parts. FULL STORY
Ryder System Inc. has converted its bulk oil program over to a low-viscosity, high-efficiency engine oil. The company is now using 10W-30 oil in all lease, rental and maintenance customer vehicles as part of its regular preventative maintenance program. . .Dana Holding Corporation has completed the sale of its Venezuelan operations, C.A. Danaven, to Manufacturing and Logistics Solutions Limited. . .Allison Transmission Holdings Inc. has announced that it will celebrate its centennial throughout 2015 with a variety of special events and activities. Allison traces its corporate lineage back to the founding of the Indianapolis Speedway Team Co. on September 14, 1915. . .Meritor new effort, Shoes for Soldiers, supports severely wounded, injured or ill veterans become leaders in business, government and their communities by contributing a percentage of its remanufactured brake shoe sales to the Wyakin Warrior Foundation. The company will donate up to $50,000, which includes $20,000 match from the Meritor Trust Fund.
Mike Duff has been named to the newly created position of Senior Vice President—Government Relations and Chief Compliance Officer and David Battisti has been appointed to Senior Vice President and General Counsel for Penske Truck Leasing Co., L.P.. . .J.J. Keller and Associates has hired Steve Vogel to lead the company's growing transport consulting practice as the senior consulting practice manager. . .Gene Olenick has been named the body builder order manager for Mack Trucks. . .Peter Collins has joined Maxon Lift Corp. Sales Team and will be focusing his efforts in the Canadian territory. . .General Manager Mark Kessler will now be leading PeopleNet's trucking division, one of four new channels for the company. . .Tim Bauer is the new director of remanufacturing, North America for Meritor. . .Cummins has announced that Pamela Carter, distribution business president, is retiring on April 1, 2015. Carter was the first woman to lead one of the company's four main business units and became Indiana's first African-American woman attorney general.
Taking $tockA look at truck transportation-industry Fortune 500 public companies:
|Company||Symbol (Click for Chart)||01/28 Close||Performance|
|Allison Transmission Holdings||ALSN||$32.18||$0.32||-0.98%|
|Avis Budget Group Inc.||CAR||$59.06||$1.59||-2.62%|
|Dana Holding Corp.||DAN||$20.55||$0.74||-3.48%|
|Goodyear Tire & Rubber||GT||$23.97||$1.31||-5.18%|
|Navistar International Corp.||NAV||$29.50||$1.88||-5.99%|
SOURCE: Yahoo! Finance
Truck and trailer parts grew 2% in 2014 to $26.19 billion and will continue to grow this year and through 2019. FULL STORY
Volvo has reported that in 2014 it had achieved its best Canadian market share at 15.3% of the heavy-duty retail market. FULL STORY
News From TRALA
Last Week for Early Bird Registration Rates 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.
Hotel reservations for the Annual Meeting will only be accepted through the Annual Meeting registration form or by contacting TRALA's Shannon Davison. 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 the Omni Amelia Island Plantation once the reservation has been finalized.
Any questions should be directed to TRALA's Shannon Davison by email at email@example.com or contacting the TRALA staff at (703) 299-9120.