Blog
EnRoute - September 21, 2017
- By: Shannon Davison
- On: 09/21/2017 17:27:31
- In: EnRoute
TOP STORIES
Members of the U.S. House of Representatives approved an amendment to a 2018 spending bill that would block efforts to require speed limiters on most heavy-duty trucks. FULL STORY
The California Air Resources Board is closely monitoring the actions by the federal Court of Appeals for the D.C. Circuit and the U.S. Environmental Protection Agency, both which are addressing the trailer section of Phase 2 and other parts of the rule. FULL STORY
TECHNOLOGY TRENDS
Mack Trucks has unveiled its new Anthem highway tractor which the company spent five years designing. FULL STORY
J.J. Keller & Associates, Inc. has introduced the J.J. Keller ELD Reserve It Plan, which enables fleets to reserve J.J. Keller ELDs with guaranteed shipment between November 1-10, 2017 and zero service fees until January 2018. FULL STORY
BRIEFLY
Wabco Holdings will be taking full ownership of the MERITOR WABCO joint venture. Wabco signed an agreement to purchase MERITOR'S stake in the joint venture business for $250 million. . .CAROLINA INTERNATIONAL TRUCKS marks its 25th anniversary this year. Beginning in 1992, the truck dealership has grown to six locations with more than 100 service bays, over $6 million in stocked parks, a lease and rental commercial truck fleet of more than 600 vehicles and a state-of-the-art body shop. . .CARRIER TRANSICOLD OF DETROIT is commemorating 50 years of serving eastern Michigan's transport refrigeration providers. . .UTILITY TRAILER MANUFACTURING COMPANY invites visitors to explore its newly designed website, www.utilitytrailer.com. . .MURPHY-HOFFMAN COMPANY (MHC) has raised more than $17,000 for the ALS Association Mid-America Chapter in support of longtime customer, Tom Kretsigner, CEO at American Central Transport (ACT) and others like him battling Amyotrophic Lateral Sclerosis (ALS).
PEOPLE
Dana Inc. has selected CHRISTOPHE DOMINIAK to serve as its new senior vice president and chief technology officer. . .FRANK MULLEN has been appointed as vice president and controller for Ryder System, Inc. . .Bridgestone Americas Inc. has named SCOTT DAMON to replace KURT DANIELSON, who is retiring after 23 years at Bridgestone. DAMON will become president of the commercial group for Bridgestone Americas Tire Operations LLC. . .Natural Gas Vehicles for America (NGVAmerica) has hired DANIEL GAGE as their new president.
TAKING STOCK
A look at truck transportation industry Fortune 500 public companies.
Company |
Symbol |
9/21 Close |
Performance |
Allison Transmission Holdings |
ALSN |
$34.88 |
$0.48 |
-1.36% |
Avis Budget Group Inc. |
CAR |
$38.08 |
$0.16 |
+0.42% |
Cummins Inc. |
CMI |
$166.48 |
$0.74 |
-0.44% |
Dana Incorporated |
DAN |
$26.85 |
$0.12 |
+0.45% |
Eaton |
ETN |
$78.06 |
$0.29 |
+0.37% |
Navistar International Corp. |
NAV |
$40.99 |
$0.13 |
+0.32% |
PACCAR Inc. |
PCAR |
$70.71 |
$0.13 |
-0.18% |
Ryder System, Inc. |
R |
$81.75 |
$0.68 |
+0.84% |
NUMBERS
General Electric Co. has sold the last of its stake in Penske Truck Leasing Co. for $674 million to Penske Automotive Group, Inc. and MBK USA Commercial Vehicles, Inc. FULL STORY
FTR is forecasting that Class 8 truck orders will jump to 247,000 this year and upwards of 300,000 of 2018. FULL STORY
TRALA ANNOUNCEMENTS
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