Blog
EnRoute - August 3, 2017
- By: Shannon Davison
- On: 08/03/2017 15:54:24
- In: EnRoute
TOP STORIES
All Class 7 & 8 trucks sold on or after August 1, 2017, must be equipped with electronic stability control. FULL STORY
TECHNOLOGY TRENDS
Daimler Trucks North America's Detroit Connect, is a new cloud-based, real-time tool built to evaluate truck performance. FULL STORY
Carrier Transicold and Thermo King will both begin offering the new generation refrigerant R-452A as an alternative for use in its truck and trailer refrigeration systems to help lower the greenhouse gas footprint for North America customers. FULL STORY
Kenworth and PACCAR Financial have teamed up to introduce a cargo van lease program in the United States for fleets and truck operators that purchase Kenworth T270 Class 6 conventional models in a cargo van specification equipped with a 26-ft. Morgan van body and lift gate. FULL STORY
In the retread industry's early days, some instances of lower quality product and safety concerns with retreads have had a lasting, detrimental effect. The trucking industry is moving past those negative perceptions and widely adopting retreads. FULL STORY
BRIEFLY
The parent company of DOUBLE COIN TIRES has completed construction and begun operating its first tire factory outside of China. The plant in Thailand has a capacity of 2.5 million truck tires and 50,000 off-the-road tires. . .VOLVO TRUCKS NORTH AMERICA's "World's Largest Unboxing" film set records including Guinness World Records title for largest item unboxed, as well as a record for the most watched film from Volvo Trucks North America. Watch the record-setting film here: https://www.youtube.com/watch?v=r7S2FByIG2A . . .BRIDGESTONE AMERICAS INC.'S BANDAG retread plant in Oxford, North Carolina, has been named a Carolina Star Site by the North Carolina Department of Labor. This is the second time the plant has received the recognition. . .MACK TRUCKS has certified its 100th dealer location as a Mack Certified Uptime Center. This accreditation signifies the dealer has met stringent requirements to better improve service and help keep customers' trucks up and running.
PEOPLE
Bridgestone Americas has named STEVE HOEFT chief operating officers of GCR Tires and Service. . .JOHN THOMPSON has been hired by J.J. Keller & Associates, Inc. as a new safety consultant. . .DAVID PHILLIPS has been appointed as a new regional sales manager for Omaha Standard Palfinger.
TAKING STOCK
A look at truck transportation industry Fortune 500 public companies.
Company | Symbol | 8/03 Close | Performance |
Allison Transmission Holdings | ALSN | $37.84 | $0.09 | -0.24% |
Avis Budget Group Inc. | CAR | $30.91 | $0.03 | -0.10% |
Cummins Inc. | CMI | $157.72 | $0.06 | -0.04% |
Dana Incorporated | DAN | $23.83 | $0.33 | +1.38% |
Eaton | ETN | $73.61 | $0.49 | -0.66% |
Navistar International Corp. | NAV | $30.53 | $0.12 | +0.39% |
PACCAR Inc. | PCAR | $67.61 | $0.17 | +0.25% |
Ryder System, Inc. | R | $71.77 | $0.51 | +0.72% |
NUMBERS
A higher demand for trucks and construction equipment in North America and China resulted in net income gains for Cummins Inc. of $424 million compared to $406 million a year earlier. FULL STORY
Allison Transmission's net income soared 58% to $95 million compared to $61 million a year earlier. FULL STORY
Dana Inc. has reported sales for the second quarter of 2017 totaled $1.84 billion, a 19% increase from $1.55 billion in the same period in 2016. FULL STORY
Volkswagen Truck & Bus has purchased nearly 300,000 additional shares of stock in Navistar International Corp. FULL STORY
TRALA ANNOUNCEMENTS
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