EnRoute - February 11, 2015
An amicus brief was filed by TRALA in the case of Penske Logistics and Penske Truck Leasing v. Mickey Lee Dilts et. al in support of the Penske petition, which is seeking the U.S. Supreme Court's review of a flawed ruling by the U.S. Court of Appeals for the Ninth Circuit. That court held that California meal and rest break requirements are not preempted by a federal law which prohibits states from enacting measures that relate to the prices, routes, or services of motor carriers. FULL STORY
U.S. Senators Michael Bennet (D-CO) and Richard Burr (R-CO) have reintroduced a bipartisan bill that would allow liquefied natural gas (LNG) to better compete with diesel with taxation based on energy output rather than per gallon. FULL STORY
The TRALA-supported Small Business Regulatory Flexibility Improvements Act of 2015 (HR 527) passed the U.S. House of Representatives by a vote of 260 to 163 and now moves to the Senate. This bill would require federal agencies to analyze the cumulative effects of their rulemakings, guidance and policy statements on small businesses. While it is not specific to trucking, it would affect the actions of the Federal Motor Carrier Safety Administration (FMCSA), Environmental Protection Agency and National Highway Traffic Safety Administration. FULL STORY
The FMCSA's federally required study on the 34-hour restart will be headed up by Virginia Tech's Transportation Institute which will study two groups of drivers - one to abide by pre-2013 rules and one to abide by the 2013 provisions. FULL STORY
Donaldson has unveiled a new diesel exhaust fluid filter through its Clean Solutions division. The new filter is designed to remove particulate matter and prevents plugging of dosing valves on SCR systems. FULL STORY
VT Hackney has released the “Performer” body for Ford Transit cab and chassis. The new body features a payload over 3,000 lbs. and is offered in two different in a 12-ft. model or a 12 ½ ft. model. FULL STORY
SkyBitz has launched a new dashboard, Insight Now that is designed to give fleet managers additional insight into operations decisions. The program is available as part of the web application, SkyBitz InSight. FULL STORY
Ryder System, Inc. will offer customers a female-friendly vehicle package for lease, the first of its kind in the industry. With the help of various OEMs and Women in Trucking Association (WIT), Ryder is making available a custom vehicle design, including 15 unique specifications, to better meet the needs of female drivers. . .Navistar has announced a new marketing campaign to maximize customer uptime called, “It's Uptime at International.” The program will focus on truck design and approach to integration to design vehicles with “superior performance”; manufacturing; parts and services; and technology. . .Utility Trailer Manufacturing has developed the Front Top Rail Protector exclusively for Utility's 3000R reefer to reduce costly repairs resulting from overhanging tree branches and low-hanging obstructions. . .The TrukFix Program from Continental has been expanded to include light mechanical and towing services. The program already offers emergency tire services. . .Volvo Trucks is offering veterans a discount off of approved finance rates for new highway or vocational trucks from Volvo Financial Services and obtained through a Volvo Trucks dealer. . .Truck-Lite Co. has announced the acquisition of LED lighting manufacturer, Rigid Industries. . .This year will mark the 50th anniversary of business operations for Woodbine Manufacturing Company, producer of the Tommy Gate hydraulic lift.
Marshall Hyzdu has been named the Vice President, Commercial Tire division for Bridgestone Americas Tire Operations, a division of Bridgestone Commercial. . .Kalmar has appointed Craig Jessup as the new Senior Vice President, Services. . .Kelley Platt will be taking over as GM for Western Star Truck Sales, Inc. starting April 1 following the retirement of the OEM's current GM, Michael Jackson. . .Donaldson Company has announced that Tod Carpenter, the company's Chief Operating Officer, has been named President and CEO effective April 1, 2015. . .Michael J. Riley is retiring from his post as the president of the Motor Transport Association of Connecticut after 29 years.
Taking $tockA look at truck transportation-industry Fortune 500 public companies:
|Company||Symbol (Click for Chart)||02/11 Close||Performance|
|Allison Transmission Holdings||ALSN||$31.14||$0.21||-0.67%|
|Avis Budget Group Inc.||CAR||$61.22||$1.03||-1.65%|
|Dana Holding Corp.||DAN||$22.78||$0.13||-0.57%|
|Goodyear Tire & Rubber||GT||$26.00||$0.32||+1.25%|
|Navistar International Corp.||NAV||$27.67||$0.15||-0.54%|
SOURCE: Yahoo! Finance
Rush Enterprises reported record annual revenues of $4.7 billion, up 39.7% compared to $3.4 billion in 2013. FULL STORY
Allison Transmission Holdings Inc. reported both profit and revenue for the final quarter of last year and all of 2014. The company had a net income which totaled $50.5 million in the final quarter compared to $42.9 million a year earlier. Net sales on the fourth quarter were $544 million, an 11% increase from the same period in 2013. FULL STORY
Cummins fourth quarter revenue totaled $5.1 billion, an increase of 11% percent from the same quarter in 2013. The year-over-year increase was driven by high revenues in North America. FULL STORY
Eaton reported an increase in profit in the final quarter of 2014 by 21% from the same time a year ago. Net income totaled $585 million compared to $482 million. FULL STORY
News From TRALA
There is Still Time to Register to Attend 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. Hotel rooms are limited, so don't wait!
Any questions should be directed to TRALA's Shannon Davison by email at firstname.lastname@example.org or contacting the TRALA staff at (703) 299-9120.