Blog
EnRoute - March 8, 2018
- By: Shannon Davison
- On: 03/08/2018 17:45:50
- In: EnRoute
Carriers domiciled in California with trucks older than 2011 model, or using engines manufactured before 2010, will need to meet CARB's new Truck and Bus Regulation beginning in 2020 or their vehicles will be blocked from registration with the state's DMV. FULL STORY
TOP STORIES
The president of Tennessee Tech has informed the Environmental Protection Agency (EPA) it should not use the university's study on glider kits in developing federal emissions regulations. The school was pursuing a peer review of the report and investigating claims of research misconduct. FULL STORY
The Workforce Institute has conducted a new global survey of nearly 3,000 employees across eight nations and found that more and more people believe that there is a significant opportunity for Artificial Intelligence (AI), to help improve the workplace experience. The logistics/transportation section is one of the leading industries in this regard. FULL STORY
The deadline of January 1, 2019 for compliance with the Financial Accounting Standards Board (FASB) lease accounting standard is looming and according to a survey by KPMG, only 15% of companies have completed their implementations to date. FULL STORY
TECHNOLOGY TRENDS
Penske Truck Leasing has implemented fully digital and voice-directed truck fleet preventive maintenance processes for its fleet of more than 266,000 vehicles. FULL STORYInternational Truck has launched a new medium-duty Class 6/7 vehicle called the MV Series. The MV Series was the final piece of International's Project Horizon product refresh. FULL STORY
Cummins Filtration announced FleetguardFIT, the first complete real-time filtration monitoring system that provides customers full visibility to filter and oil life through the use of intelligent sensing and advanced data analytics. FULL STORY
Isuzu Commercial Truck of America announced production plans for its model year 2018 and 2019 lineup, including a new CrewCab model offering seating up to seven for the NRR. FULL STORY
BRIEFLY
CARGO TRANSPORTERS of Claremont, NC, has announced a pay raise for all drivers including new truck driving school graduates. The new pay structure goes into effect April 1. . .BENDIX ADB22X air disc brake has vaulted over 2-million-unit production mark. . .VOLVO TRUCK LEASING SYSTEM has added 10 new U.S. & Canada locations in 2017 bringing their total to 1097 member locations and MACK LEASING SYSTEM has added 7 new U.S. & Canada locations in 2017 bringing the total to 221 member locations. . .GEOTAB announced they have surpassed one million subscribers. Launching their subscriber-based solution in 2006, Geotab has seen an average of 116% annual sub growth over the last 10 years. . .KENWORTH HAWAII celebrated its grand opening of its 14,500 square-foot full-service dealership in Kailua-Kona, it is the first Hawaii dealership. . .J.J. KELLER & ASSOCIATES, INC. will host a new webcast, "J.J Keller Mobile Roadside Inspections: What You Need to Know" on Friday, March 9, 2018 at 11:00 a.m. CST. . .CONTINENTAL has added a Pre-Cured Tread (PCT) manufacturing facility to its existing campus in Mount Vernon, IL, which will produce made-in-the-USA tread rubber for the ContiTread retread line. . .VOLVO owners using the Volvo ASIST service management platform can now access essential case information through the new Volvo ASIST mobile app.
PEOPLE
Daimler Trucks North America has appointed SANJIV KHURANA to the position of general manager of Trucks Connectivity. . .CRAIG WINCHELL has joined Idealease, Inc. as the company's Area Vice President, National Accounts. He replaces MIKE RUBY who retired in January after a 21-year career with Idealease. . .Thermo King Eastern Canada has added GUYLAIN BELANGER as the company's newest account manager. . .Carolina International Trucks has named STEVE WISER as their dedicated Municipal Salesman.
TAKING STOCK
A look at truck transportation industry Fortune 500 public companies.
Company |
Symbol |
03/08 Close |
Performance |
Allison Transmission Holdings |
ALSN |
$38.57 |
$0.15 |
+0.39% |
Avis Budget Group Inc. |
CAR |
$46.04 |
$0.18 |
-0.39% |
Cummins Inc. |
CMI |
$159.62 |
$0.37 |
+0.23% |
Dana Incorporated |
DAN |
$26.18 |
$0.05 |
-0.17% |
Eaton |
ETN |
$81.01 |
$0.02 |
-0.02% |
Navistar International Corp. |
NAV |
$38.13 |
$1.09 |
+2.96% |
PACCAR Inc. |
PCAR |
$68.07 |
$1.00 |
-1.45% |
Ryder System, Inc. |
R |
$74.13 |
$2.06 |
+2.86% |
NUMBERS
Associations representing manufacturers of vehicles and parts have spoken out against President Trump's plan to place a 25% tariff on steel and a 10% tariff on aluminum imports. Both metals are crucial to the production of cars and trucks sold in America and could raise the sale prices of those vehicles substantially. FULL STORY
Navistar International reported revenues in the first quarter were $1.9 billion, a 15% increase compared to $1.7 billion in the first quarter last year. This rise was driven by a 24% increase in the company's core Class 6-8 trucks and buses in the U.S. and Canada volumes. FULL STORY
ACT Research has reported that preliminary estimates for net trailer orders this January is 39,100 units, which is a record-setting number. FULL STORY
Eaton reported higher earnings and revenue for the fourth quarter and full-year 2017 periods. Eaton expects its vehicle business to see 1% organic growth and the strongest market is once again expected to be the Class 8, which is expected to grow about 9 percent. FULL STORY
TRALA ANNOUNCEMENTS
TRALA's Industry Scholarship Program
TRALA members and their dependents are invited to apply for TRALA's Industry Scholarship. We're moving our industry forward by awarding up to four-$2,500 scholarships to qualified applicants. Applications can be submitted by June 1, 2018 for consideration. Visit our website for details: www.trala.org/scholarship.
Please contact TRALA's LaTisha Thomas at (703) 299-9120 or lthomas@trala.org with any questions regarding the scholarship program.