Blog
EnRoute - January 28, 2016
- By: Shannon Davison
- On: 01/28/2016 16:26:48
- In: EnRoute
TRALA IN THE NEWS
Equipment Solutions is a new Independent/Commercial member of the Truck Renting and Leasing Association. FULL STORY
TOP STORIES
Truckers from five states not compliant with the REAL ID Act will have to produce additional identification to enter secure areas. FULL STORYThe Federal Motor Carrier Safety Administration (FMCSA) has hosted one of two webinars to explain the new electronic logging devices (ELD) mandate. FULL STORY
TECHNOLOGY TRENDS
Michelin has launched the Uniroyal medium truck tire brand in the U.S. market which consists of six commercial truck tires for applications from long-haul to regional to on-/off-road. FULL STORYDana Holding Corporation has revealed its Spicer Smart Suite technology. A platform of full integrated, connected-vehicle features that converts operating data from the drivetrain into actionable insights for enhancing productivity, improving operator and machine safety, and reducing total operating costs. FULL STORY
Meritor Inc. has as new line of all-makes replacement clutches and advanced corrosion coatings for new and remanufactured brake shoes. FULL STORY
BRIEFLY
VOLVO GROUP plans to reorganize its global truck operations into four separate units – VOLVO TRUCKS, UD TRUCKS, RENAULT TRUCKS AND MACK TRUCKS – starting March 1 this year, giving each profit and loss responsibility while shuffling its executive board to include representatives from those units. . .The DOUBLE COIN RLB450 drive position tire has met the requirements for the U.S. Environmental Protection Agency's SmartWay Technology Program. . .CUMMINS FILTRATION has moved its corporate headquarters to the One Century Place building in Nashville, TN. It will consolidate all employees on a single floor. . .DAIMLER is re-entering the Iranian market, announcing plans for a joint venture to build Mercedes-Benz trucks after trade restrictions tied to Iran's nuclear program were lifted. . .KARMAK is celebrating its 35th year in business. It was founded in 1981 by Richard Schien. . .CARRIER TRANSICOLD'S Athens Facility has been named a 2015 IndustryWeek Best Plant, making it the first transport refrigeration equipment facility ever recognized with this award. . .GOODYEAR TIRE & RUBBER COMPANY has entered into a multiyear agreement with ESPN Inc. and the College Athletic Association to renew its title sponsorship in the Cotton Bowl Classic. . .MACK TRUCKS has signed off on the use of renewable diesel fuel in all Mack engines after extensive truck and engine testing.PEOPLE
Daimler Trucks North America has appointed KARY SCHAEFER as its general manager, marketing and strategy. . .JUSTIN REINKE has been named director of brand marketing for Bridgestone Americas Tire Operations LLC (BATO). . . Allison Transmission Holdings has promoted DAVID GRAZIOSI, currently the company's CFO, to the additional role of president effective immediately. . .Hercules Manufacturing Company has hired BRUCE MCKINNIES as an administrative assistant focusing on Warranties and Accounting.TAKING STOCK
A look at truck transportation-industry Fortune 500 public companies:| Company | Symbol | 1/28 Close | Performance | |
|---|---|---|---|---|
| Allison Transmission Holdings | ALSN | $23.23 | $0.22 | +0.96% |
| Avis Budget Group Inc. | CAR | $25.88 | $0.79 | -2.96% |
| Cummins Inc. | CMI | $86.95 | $1.74 | +2.04% |
| Dana Holding Corp. | DAN | $11.28 | $0.03 | +0.27% |
| Eaton Corp. | ETN | $50.19 | $0.75 | +1.52% |
| General Electric | GE | $28.21 | $0.21 | +0.75% |
| Goodyear Tire & Rubber | GT | $27.76 | $0.79 | -2.77% |
| Navistar International Corp. | NAV | $6.75 | $0.11 | -1.60% |
| PACCAR Inc. | PCAR | $47.36 | $0.45 | +0.96% |
| Ryder | R | $50.90 | $0.84 | -1.62% |
SOURCE: Yahoo! Finance
MONEY MATTERS
Daimler Trucks North America (DTNA) has announced an investment of $22.7 million in Freightliner Custom Chassis Corp to expand facilities and improve operations in Gaffney, South Carolina. FULL STORYAct Research reports that 2015 was the best shipment year ever for the trailer manufacturing industry since the previous record set in 1999. FULL STORY
TRALA ANNOUNCEMENTS
Early Bird Rate Extended for TRALA's Annual MeetingTRALA's 2016 Annual Meeting early bird rate has been extended to February 22, 2016. 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. Once completed, make sure to book your reservations directly with the Fairmont Scottsdale Princess, https://aws.passkey.com/event/14384244/owner/12564/home
If you have any questions or concerns, please contact TRALA's Shannon Davison at sdavison@trala.org.