Blog
EnRoute - December 23, 2015
- By: Shannon Davison
- On: 12/23/2015 11:37:51
- In: EnRoute
TOP STORIES
The Protecting Americans from Tax Hikes Act of 2015 was approved on December 18 and would extend several federal tax credits that expired in 2014. The package includes a two-year extension through December 21, 2016 for compressed natural gas (CNG) and liquefied natural gas (LNG). FULL STORY
TOP STORIES
With the publication of the U.S. Electronic Logging Device (ELD) rule, The Canadian Trucking Alliance believes that the Canadian government needs to get down to business and introduce their own mandate. FULL STORY
The Federal Motor Carrier Safety Administration (FMCSA) has launched the Unified Registration System. The first phase combines multiple ‘legacy' reporting forms into a single, online form that it says will streamline the entire process. FULL STORY
TECHNOLOGY TRENDS
Isuzu expands its NPR cabover family to include a new Class 4 that is able to accommodate a 20-foot body and weighing 13,000 GWV. FULL STORYComdata has announced the launch of the Comdata Hotel network that allows trucking carriers and drivers to manage and reduce the costs related to hotel stays. FULL STORY
Peterbilt Motors Company has enhanced its SmartAir no-idle system with new auto-start technology that helps keep main and auxiliary batteries charged while running the air-conditioning system. FULL STORY
The latest report from Trucking Efficiency, a joint operation of the North American Council for Freight Efficiency and Carbon War Room, reported that regular preventative maintenance on heavy trucks can increase fuel economy up to 10 percent. FULL STORY
BRIEFLY
ADVANTAGE TRUCK CENTER opened a new location in Greensboro, N.C., increasing Volvo Trucks sales and service capabilities in the Southeastern US. . .SCOPELITIS, GARVIN, LIGHT, HANSON & FEARY was cited among the nation's top 30 law firms for client service in BTI Consulting Group's “Client Service A-Team 2016”. . .PENSKE TRUCK LEASING has opened its new, expanded facility in Harahan, Louisiana. . .MACK TRUCKS has a new video that is making grown men cry, https://www.youtube.com/watch?v=3iH3RH8BGOs. . .CONTINENTAL AG is donating 100,000 euros to the Welthungerhilfe aid organization to support Syrian refugees. . .PETERBILT has added more than 50 new items to the 2016 Peterbilt gift and merchandise collection at the company's online gift shop.PEOPLE
MARK WHALEY is stepping down as the president of Omaha Standard PALFINGER. He will continue his involvement with PALFINGER under the PALFINGER North America Group (PNAG).TAKING STOCK
A look at truck transportation-industry Fortune 500 public companies:| Company | Symbol | 12/22 Close | Performance | |
|---|---|---|---|---|
| Allison Transmission Holdings | ALSN | $25.79 | $0.45 | +1.78% |
| Avis Budget Group Inc. | CAR | $35.94 | $0.83 | +2.36% |
| Cummins Inc. | CMI | $87.41 | $2.02 | +2.37% |
| Dana Holding Corp. | DAN | $13.89 | $0.53 | +3.97% |
| Eaton Corp. | ETN | $51.81 | $1.10 | +2.17% |
| General Electric | GE | $30.49 | $0.09 | +0.30% |
| Goodyear Tire & Rubber | GT | $32.29 | $0.41 | +1.29% |
| Navistar International Corp. | NAV | $8.68 | $0.58 | +7.16% |
| PACCAR Inc. | PCAR | $47.49 | $1.72 | +3.76% |
| Ryder | R | $55.89 | $1.86 | +3.44% |
SOURCE: Yahoo! Finance
Money Matter$
For the first time since 2006, the Federal Reserve has raised its key short-term interest rates. The unanimous decision pushes the interest rate from 0.25% to .50%. FULL STORYTRALA IN THE NEWS
Register Today for TRALA's 2016 Annual MeetingRegistration is open for TRALA's 2016 Annual Meeting. The event will take place at the Fairmont Scottsdale Princess in Scottsdale, Arizona from April 17 to April 20. Click here for the registration link, http://www.trala.org/ev_calendar_day.asp?date=4/17/2016&eventid=1. Once completed, make sure to book your reservations directly with the Fairmont Scottsdale Princess, https://resweb.passkey.com/go/trala2016.
If you have any questions or concerns, please contact TRALA's Shannon Davison at sdavison@trala.org.