Blog
EnRoute - March 10, 2016
- By: Shannon Davison
- On: 03/10/2016 16:41:57
- In: EnRoute
The final rule released by the Financial Accounting Standards Board (FASB) for leasing accounting standards, culminates years of work by the Truck Renting and Leasing Association and other affected groups that have worked with FASB to ensure that the final rules kept the leasing of trucks as a beneficial option for lessees. FULL STORY
TOP STORIES
There will be federal excise tax (FET) implications for dolly manufacturers and dealers, as well as the companies that purchase them for business as the Internal Revenue Service (IRS) will no longer classify trailer converter dollies as “parts and accessories” but will rather place them in the “truck trailer chassis” category. FULL STORY
The National Highway Traffic Safety Administration (NHTSA) and the Environmental Protection Agency (EPA) are asking for public comments on phase II of the greenhouse gas emissions and fuel efficiency standards for medium- and heavy-duty engine and vehicles after new data was released. FULL STORY
The Federal Motor Carrier Safety Administration (FMCSA) has made the necessary modifications to its Safety Measurement System (SMS) website to make it compliant with the Fixing America's Surface Transportation (FAST) Act. FULL STORY
FMCSA has issued a Notice of Proposed Rulemaking on national training requirements for entry-level commercial truck and bus operators. FULL STORY
TECHNOLOGY TRENDS
Isuzu Commercial Truck of America has unveiled an all-new entry in the Class 6 medium-duty truck segment, the 2018 Isuzu FTR. FULL STORY
RushCare Service Connect, is a new service communication system from Rush Enterprises that provides customers with an online, on-demand view of the service process for vehicles in Rush Truck Centers service departments. FULL STORY
Cummins has introduced the latest generation of its medium-duty engines, the 2017 B6.7 and the L9 engines for use in medium-duty applications. FULL STORY
The 13X is Meritor's new lighter-weight drive axle platform designed for Class 6 and 7 applications. FULL STORY
Great Dane Trailers has a new Sahara dry freight truck body that was developed with its subsidiary Johnson Truck Bodies. FULL STORY
BRIEFLY
Ryder System, Inc. has announced three new pre-owned vehicle categories – Ryder Certified, Ryder Verified and Ryder reclassified – to help customers find vehicles that fit their needs and budget. . .The International DuraStar is now available with Bendix Wingman Fusion, an integration of safety technologies that allows truck operators to reduce and potentially avoid vehicle collisions. . .Michelin Auto Inflate is a company branded version of the Halo system developed by Aperia Technologies that is a self-powered, bolt-on device that maintains optimal tire pressure. . .Murphy-Hoffman Company (MHC) has added features to RoadPulse, its online truck repair tool, to increase uptime by offering quick truck diagnostics, identifying optimal personnel for repairs and educating customers on preventative maintenance opportunities. . .Mack Trucks has launched the Mack ClearTech One, a single package exhaust after-treatment system that combines the diesel particulate filter, selective catalytic reduction and diesel exhaust fluid dosing system into one unit. . .Lisa Kelly, star of the History Channel's Ice Road Truckers series, has joined Chevron's “Reality of Delo” campaign, a modern take on testimonials intended to influence heavy duty diesel equipment users about the benefits of Delo heavy duty motor oil (HDMO). . .Yokohama Rubber Co. Ltd. And Continental AG are ending their joint venture company, Yokohama Continental Tire Co. Ltd (YCC) effective the end of March 2016. . .TransSource has entered into an agreement with Advantage Truck Centers to purchase certain assets from the Rocky Mount and St. Pauls, North Carolina locations. . .Goodyear Tire & Rubber Co. ranks No. 1 in U.S.-based Company and No. 3 overall in Fortune Magazine's World's Most Admired Companies' motor vehicle parts category. . .Peterbilt has broken ground on a 102,000 sq. ft. expansion to its heavy-duty truck manufacturing facility in Denton, Texas. . .Maxon Lift Corp. officiated the grand opening of its newly built galvanizing facility.
PEOPLE
Dana Holding Corporation has named Jonathan Collins as the senior vice president and chief financial officer for the company. . .John M. Boler, chairman of the board and founder of Hendrickson parent company, The Boler Company, passed away on March 4, 2016 at the age of 81.
TAKING STOCK
A look at truck transportation-industry Fortune 500 public companies:| Company | Symbol | 3/10 Close | Performance | |
|---|---|---|---|---|
| Allison Transmission Holdings | ALSN | $24.76 | $0.28 | -1.12% |
| Avis Budget Group Inc. | CAR | $25.87 | $0.73 | -2.74% |
| Cummins Inc. | CMI | $102.79 | $0.72 | +0.71% |
| Dana Holding Corp. | DAN | $12.59 | $0.33 | -2.55% |
| Eaton Corp. | ETN | $59.41 | $0.85 | +1.45% |
| General Electric | GE | $29.94 | $0.11 | -0.37% |
| Goodyear Tire & Rubber | GT | $31.90 | $0.57 | -1.76% |
| Navistar International Corp. | NAV | $11.07 | $0.15 | +1.37% |
| PACCAR Inc. | PCAR | $51.78 | $0.44 | -0.84% |
| Ryder | R | $59.77 | $1.08 | -1.77% |
SOURCE: Yahoo! Finance
MONEY MATTERS
The EPA is announcing the availability of $26 million in grant funding to establish clean diesel projects aimed at reducing emissions from the nation's existing fleet of diesel engines. FULL STORY
Deputy Assistant Secretary for Transportation Reuben Sarkar has announced the $80 million funding opportunity, subject to congressional appropriations, for research, development and demonstration of a long-haul tractor-trailer technology. FULL STORY
TRALA ANNOUNCEMENTS
Don't Forget to Register to Attend TRALA's Annual Meeting
There is still time to register and attend 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.
Once completed, make sure to book your hotel 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