Blog
EnRoute - August 4, 2016
- By: Shannon Davison
- On: 08/04/2016 16:00:24
- In: EnRoute
TRALA IN THE NEWS - Recently, the Oregon Court of Appeals issued a series of opinions in a handful of cases involving motor carriers in Oregon. In a case in which TRALA actively participated with the American Trucking Associations (ATA),CEVA v. Oregon Employment Department, the court ruled in TRALA and ATA's favor. FULL STORY
TOP STORIES
The Federal Motor Carrier Safety Administration (FMCSA) has delayed final implementation of its Unified Registration System until January 14, 2017. FULL STORY
For the Diesel Technology Forum, The Martec Group has compiled new research that shows the introduction of more advanced diesel truck engines, innovative emissions control systems, and cleaner diesel fuel over the past decade have resulted in major improvements in air quality and fuel efficiency. FULL STORY
The Democratic and Republican parties 2016 platforms run about 50 pages and each devotes just around 200 words to the issues directly related to transportation. Unsurprisingly, they are direct opposites of each other. FULL STORY
TECHNOLOGY TRENDS
Daimler Trucks North America has entered the medium-duty truck engine business with the launch of the Detroit DD5. FULL STORY
Ryder System, Inc., has launched a rebranded, fully responsive website, Ryder.com. The new layout, featuring reorganized content, makes it easier to navigate the site from any device. FULL STORY
Kenworth Truck Company has launched a new app for Apple and Android smartphones and mobile devices. The Kenworth Essentials app provides access to Kenworth and industry news in real time and has the capability to explore Kenworth truck models, engines and technologies. FULL STORY
As safety systems in heavy-duty commercial vehicles continue to become increasingly effective and commonplace, government regulations mandating these systems are only going to increase. FULL STORY
BRIEFLY
DANA HOLDING CORPORATION has changed the company name to DANA INCORPORATED effective August 1, 2016. . .NAVISTAR will provide its new Accelerator Write-Up, a mobile application that will expedite customers' service visits by streamlining the write-up and diagnostic process. . .SKYBITZ has announced its Galaxy GTP4050 global asset tracking product has been certified to UL standard 913 for "intrinsically safe apparatus for use in Class 1-3, Division 1, hazardous locations.". . .VOLVO TRUCKS NORTH AMERICA and MACK TRUCKS have renewed their contract with DECISIV which is the provider of ASIST, a web-based tool that enables real-time communication between customers, dealers and service staff. . .CONTINENTAL celebrates the return of Off the Road (OTR) sales and product lines to the Americas market beginning in August 2016. This will be the first time Continental has entered the Americas OTR market in ten years. . .ISUZU COMMERCIAL TRUCK OF AMERICA, INC. opened its first Center of Excellence in northeast Pennsylvania. The complex is a state-of-the-art, 100,000 square-foot parts distribution center and a world-class 30,000-square-foot training and technical assistance facility. . .Darek Mowinski has been awarded the title of 2016 Top Technician, along with a cash prize of $50,000. Mr. Mowinski is the first-ever technician from RYDER CANADA to win the competition.
PEOPLE
Volvo Trucks North America has named PAUL KUDLA as the regional vice-president for its Canada region. . .GARY GARFIELD, the executive chairman, CEO and president of Bridgestone Americas is retiring at the end of 2016 and GORDON KNAPP, the company's chief operating officer, will become the company's CEO and president on September 1, 2016. . .CHUCK HARPER has joined Hercules Manufacturing Company as Purchasing Agent. . .TIM ROGERS, vice president of finance for Continental Tire the Americas LLC and vice president and treasurer for Continental Automotive Inc. was named CFO of the Year in the large business category by the Charlotte Business Journal.
TAKING STOCK
A look at truck transportation-industry Fortune 500 public companies:|
Company |
Symbol |
8/4 Close |
Performance |
|
|---|---|---|---|---|
|
Allison Transmission Holdings |
$28.25 |
$0.27 |
+0.96% |
|
|
Avis Budget Group Inc. |
$38.08 |
$1.19 |
+3.23% |
|
|
Cummins Inc. |
$123.25 |
$0.97 |
+0.79% |
|
|
Dana Incorporated |
$13.00 |
$0.15 |
-1.07% |
|
|
Eaton Corp. |
$64.50 |
$0.26 |
+0.40% |
|
|
Goodyear Tire & Rubber |
$28.15 |
$0.23 |
+0.82% |
|
|
Navistar International Corp. |
$12.10 |
$0.04 |
-0.33% |
|
|
PACCAR Inc. |
$57.35 |
$0.40 |
-0.69% |
|
|
Ryder |
$63.82 |
$0.23 |
+0.36% |
|
SOURCE: Yahoo! Finance
MONEY MATTERS
Groupe Michelin had a drop in net sales of about 2%, however the company's tire volumes in the first half of 2016 beat the market in every segment. FULL STORY
Supreme Industries, Inc reported a net income in the second quarter of $8.3 million, up 90.9% from $4.3 million in the same quarter of the prior year. FULL STORY
Goodyear Tire & Rubber Company sales for the second quarter were down 7%, while the company's net income for the period was up 5.2% compared with figures from 2015. FULL STORY
General Electric signed and closed the sale of a 14.4% limited partner interest in Penske Truck Leasing to Penske Automotive Group. FULL STORY
TRALA ANNOUNCEMENTS
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