Blog
EnRoute - October 15, 2015
- By: Shannon Davison
- On: 10/15/2015 17:01:20
- In: EnRoute
Top Stories
The Federal Motor Carrier Safety Administration (FMCSA) has released a Congressionally directed report that shows the amount of data used in the agency's Safety Measurement System (SMS) is clearly sufficient to allow FMCSA to identify high-risk trucking companies. FULL STORY
Top Stories
The latest example of reaching out to the military community to assist with the truck driver and technician shortage is that FASTPORT, a trucking-specific hiring technology company, has partnered with Hiring America, a TV show that helps veterans transition to civilian jobs. FULL STORYFleet Advantage latest survey find that 61% of trucking industry professionals are now monitoring and tracking data either daily or weekly, compared to just 19% five years ago. FULL STORY
Technology Trends
PACCAR has introduced the 10.8 liter MX-11 as the company looks to expand its range of diesels in North America. FULL STORYKalmar has launched its heavy forklift, the Kalmar DCG180-330, for the U.S. market. FULL STORY
Michelin Americas Truck Tires has added a new feature, “Track My Route,” to its desktop/mobile site within the Michelin Truck Dealer Locator app to help both fleets and owner-operators find Michelin-authorized service providers. FULL STORY
Briefly
Navistar, Inc.has signed a letter of intent for a five-year supply agreement with Continental Tire the Americas LLC for Continental tires to be the original equipment tire offering on all International brand medium-duty, severe service and heavy-duty trucks and all IC Bus brand school buses. . .Thermo King has acquired Celtrak, a company that offers vehicle tracking and fleet management tools. . .SkyBitz has acquired petroleum logistics software firm SMARTLogix. . .Ryder System, Inc. has announced that its commercial rental customer loyalty program, Ryder RedZone, has reached 20,000 members. The customer reward program provides Ryder rental customers in the United States and Canada with a convenient way to earn points and rewards for each rental dollar they spend. . .Michelin North America Inc. has donated $100,000 to the American Red Cross in support of flood-relief efforts underway in South Carolina. . .Mack Trucks has inaugurated its new axle line at the Hagerstown, Maryland facility. The new line is part of a $30 million investment, which brought assembly of all Mack heavy-duty drive axles and machining of Mack carrier housings to the plant. . .AT&T and Telogis have announced a collaboration to offer solutions for companies with mobile workforces. . .Peterbilt has a new used truck program, Red Oval, that provides truck buyers certified per-owned truck options. The trucks in the program go through a 150-point inspection and preferred financing through PACCAR Financial is available, too. . .Cummins Westport ISL G Near Zero NOx natural gas engine has received Near Zero NOx emission certifications from the U.S. Environmental Protection Agency and California Air Resources Board. . .A Kenworth T680 will be transporting the 51st U.S. Capitol Christmas Tree this year, stopping at 10 community celebrations en route to the tree-lighting event in Washington, D.C.People
Maxon has hired Randy Reid has a National Account Manager and will also be acting as a District Sales Manager for the Northwest region.Taking $tock
A look at truck transportation-industry Fortune 500 public companies:| Company | Symbol | 10/15 Close | Performance | |
|---|---|---|---|---|
| Allison Transmission Holdings | ALSN | $28.07 | $0.28 | -0.99% |
| Avis Budget Group Inc. | CAR | $50.18 | $0.85 | +1.72% |
| Cummins Inc. | CMI | $109.16 | $0.21 | -0.19% |
| Dana Holding Corp. | DAN | $17.44 | $0.00 | 0.00% |
| Eaton Corp. | ETN | $52.10 | $0.65 | -1.23% |
| General Electric | GE | $28.03 | $0.43 | +1.56% |
| Goodyear Tire & Rubber | GT | $32.37 | $0.37 | +1.16% |
| Navistar International Corp. | NAV | $14.61 | $0.43 | -2.86% |
| PACCAR Inc. | PCAR | $53.48 | $0.18 | +0.34% |
| Ryder | R | $73.29 | $2.17 | +3.05% |
SOURCE: Yahoo! Finance