Blog

EnRoute - February 8, 2018

A survey completed by Balboa Capital showed that half of small business owners are not aware of the recent tax reform and how it might affect their companies.  FULL STORY





TOP STORIES 

U.S. Congressman Josh Gottheimer (D-NJ) plans to introduce the Darren Drake Combatting 21st Century Weapons of Terror Act that would require vehicle dealers and rental agencies to provide information to the FBI and the National Counterterrorism Center to identify potential terrorist matches. FULL STORY

Overdrive has published a list of states that have confirmed their electronic logging device mandate enforcement intentions ahead of April 1, 2018, when ELD-specific violations go into effect. FULL STORY




 

TECHNOLOGY TRENDS

Kenworth's Zero Emission Cargo Transport (ZECT) vehicle is expected to be deployed in a month or so for real-world operation. FULL STORY

Dana has made enhancements to its e-commerce platform and has also introduced a new seal installation tool kit. FULL STORY

Bendix has expanded its aftermarket brake shoe line which now offers a re-manufactured brake shoe with original equipment friction and coating and the same five-year warranty as on OE shoes. FULL STORY




 

BRIEFLY

DAIMLER TRUCKS NORTH AMERICA has been granted an exemption that will allow the truck manufacturer to mount a camera for an attention assist and lane departure warning system lower on the windshield than is currently allowed by federal regulations. The exemption is good for five years. . .BRIDGESTONE CORP. is launching a new sustainable procurement policy that is applicable to all purchased materials and services, as well as all suppliers globally. . .EATON has enhanced its ServiceRanger 4 diagnostic and service software to better support its automated transmissions. . .VOLVO TRUCKS NORTH AMERICA is running a digital billboard at Times Square in New York City to promote its new VNL 760 model.  





PEOPLE

DAVID SETTLE has joined Decisiv as vice president of finance and treasurer. . .BOB INGRAM, Kidron District Sales Manager, retired on December 31, 2017 and VT Hackney, Inc. has hired NIKO MIKOLIKO as the new District Sales Manager responsible for the Kidron refrigerated truck body and trailer product lines in Eastern Pennsylvania, Delaware, Maryland, North Carolina, Western New Jersey and Virginia. . .BRADLEY NULLMEYER is retiring as CEO from Element Fleet Management and DAN JAUERING will serve as acting CEO. . .The Alberta Motor Transport Association (AMTA) has announced that CHRIS NASH will be its next president effective March 5.


 

TAKING STOCK

A look at truck transportation industry Fortune 500 public companies.

Company

Symbol

02/08 Close 

Performance

 

Allison Transmission Holdings

ALSN

$41.80

$1.42

-3.28%

Avis Budget Group Inc.

CAR

$40.38

$3.88

-8.77%

Cummins Inc.

CMI

$165.72

$7.02

-4.06%

Dana Incorporated

DAN

$29.25

$1.38

-4.51%

Eaton

ETN

$79.42

$2.20

-2.70%

Navistar International Corp.

NAV

$41.84

$02.21

-5.02%

PACCAR Inc.

PCAR

$66.98

$1.71

-2.49%

Ryder System, Inc.

R

$79.74

$4.32

-5.14%





 

NUMBERS

ACT Research has reported preliminary North America Classes 5-8 net orders were 80,400 units in January.  That is the second highest of all time behind March 2006, when fleets went into "pre-buy" mode ahead of the 2007 engine emissions rule. FULL STORY

Daimler AG has reported that Daimler Trucks North America ended 2017 with total U.S. Class 8 retail sales of 77,305 through its Freightliner brand and its vocational unit Western Star.  FULL STORY

Meritor Inc. reported revenue from its commercial truck and industrial sales segment jumped to $738 million in the first quarter 2018, up $199 million compared with the same period last year. FULL STORY   





 

TRALA ANNOUNCEMENTS

There is Still Time to Register for TRALA's 2018 Annual Meeting 

TRALA is hosting its 40th Annual Meeting April 8-11, 2018 at the Fairmont Scottsdale Princess in Scottsdale, Arizona. This is the largest gathering of leasing and rental executives in North America. More information including rates, agenda and travel information can be found by clicking here.
 
Registration is easy. Just click Yes to begin the registration process. TRALA's registration is also mobile-device friendly so you can register directly from your phone or tablet.
 
Please contact TRALA's Shannon Davison at sdavison@trala.org or by phone at (703) 299-9120 with any questions.






 

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