Blog

EnRoute - May 25, 2017

The Office of the U.S. Trade Representative has responded to President Trump's recent decision to renegotiate the North American Free Trade Agreement with a request for public comments which was published in the Federal Register on May 24 . FULL STORY




TOP STORIES

Fleets will need to overcome challenges when commercial truck drivers are required to use electronic logging devices to record their hours-of-service by December 18, 2017. FULL STORY



 

TECHNOLOGY TRENDS

Ryder System, Inc. has launched NaviShare, a cloud-based platform that provides real-time shipment visibility, predictive alerts, and exception dashboards. FULL STORY

Konexial is planning to launch a new GoLoad service in July 2017 which will directly connect drivers to shippers and shippers can bring any TMS into the network. FULL STORY

PrePass and Bestpass are teaming up to provide an integrated solution that will provide Bestpass customers with a single transponder for bypassing weigh stations and toll payments. FULL STORY





 

BRIEFLY

DAIMLER TRUCKS NORTH AMERICA has officially opened its Oregon-based High Desert Proving Grounds which encompasses 87 acres and comes complete with a test track, a brand new 32,000 sq-ft office building and a workshop with 14 service bays. . .CARRIER has donated five air conditioning split systems and a refrigerated trailer for temporary cold storage which will benefit Feeding South Florida's new distribution and training center. . .PACCAR is planning a new manufacturing facility in McKinney, Texas. . .INTERNATIONAL TRUCK is moving its used truck center to a new location in Melrose Park, IL. . .Two of GREAT DANE'S  manufacturing plants were awarded Truck Trailer Manufacturers Association's (TTMA) Plant Safety Awards. . .VOLVO TRUCKS' New River Valley assembly plant in Dublin, Virginia unveiled the design of its 2017 Ride for Freedom truck featuring the all new VNR model, which will accompany a motorcade of about 160 motorcycles from the plant to Washington, D.C.




 

PEOPLE

JIM HACKETT  has been named the new president and CEO of Ford Motor Co., he is replacing MARK FIELDS, who is retiring. . .AMANDA MATHIS is the new CFO of Bridgestone Americas. . .Avis Budget Group Inc. has announced the resignation of DAVID B. WYSHNER, President and CFO. MARTYN SMITH has been named interim chief financial officer. . .MATTHEW GODLEWSKI, President of NGVAmerica, is stepping down as president to take a position with Ford Motor Co and DR. KATHRYN CLAY is stepping in as interim Executive Director. . .The U.S. Senate has confirmed JEFFREY A. ROSEN as the 18th deputy secretary of the U.S. Department of Transportation.   



 

TAKING STOCK
A look at truck transportation industry Fortune 500 public companies.
 

Company

Symbol

5/25 Close 

Performance

 

Allison Transmission Holdings

ALSN

$38.58

$0.08

+0.19%

Avis Budget Group Inc.

CAR

$22.38

$0.05

+0.22%

Cummins Inc.

CMI

$155.78

$0.70

+0.45%

Dana Incorporated

DAN

$20.29

$0.05

+0.25%

Eaton

ETN

$77.30

$0.27

-0.35%

Navistar International Corp.

NAV

$26.77

$0.20

-0.76%

PACCAR Inc.

PCAR

$62.69

$0.00

0.00%

Ryder System, Inc.

R

66.84

$0.57

+0.86%






NUMBERS   

Bridgestone Corp. reported net sales increased 3% during the period which ended March 31, 2017. FULL STORY

ACT Research Co. has reported U.S. orders for trailers in April reached 20,000 which is an increase of 22% from the 2016 period. FULL STORY 

The Federal Motor Carrier Safety Administration (FMCSA) would receive $657.8 million in fiscal year 2018 under a budget request President Trump sent to lawmakers for consideration. FULL STORY    




 

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