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Truck Renting and Leasing Association

The unified voice for truck renting and leasing


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EnRoute - May 3, 2018

Fleet managers have other reasons besides financial reasons for considering leasing over owning such as dealing with the arrival of new equipment technologies and the ever-growing shortage of qualified technicians. FULL ARTICLE





 

TOP STORIES

The U.S. House of Representatives has approved the Denham-Cuellar-Costa Amendment to the FAA reauthorization bill that would prevent states from creating a patchwork of meal and rest rules for interstate truck drivers. FULL ARTICLE
 
In a recent unanimous decision, the California Supreme Court has made it difficult for employers to classify their workers as independent contractors. FULL ARTICLE



 

TECHNOLOGY TRENDS

Meritor, Inc. announced Blue Horizon, a new technology brand representing the company's emerging platform of advanced technologies centered on electric drivetrain, efficiency and connectivity systems. FULL ARTICLE
 
Continental has unveiled its new stand-alone tire pressure monitoring system for trailers, ContiPressureCheck Solo. The product is a simple and low-maintenance solution for trailer tire monitoring which notifies the driver of tire pressure issues in real-time. FULL ARTICLE
 
Kalmar is introducing the Kalmar Ottawa Electric Terminal Tractor, which is an electric version of its popular Kalmar Ottawa T2 terminal tractor. FULL ARTICLE


 


BRIEFLY

VOLVO FINANCIAL SERVICES CANADA has been named a "Best Workplace" in the country by the Great Place to Work Institute. . .DANA INC. and Workhorse Group Inc. have announced the design, development, and production of a city delivery vehicle featuring Dana's Spicer Electrified integrated e-Drive axle. . .GREAT DANE has become the first trailer maker to join the Blockchain in Transport Alliance, which is dedicated to the development of blockchain standards for the freight industry. . .GEOTAB is the first global telematics provider to be present in all seven continents. Selected by the British Antarctic Survey (BAS) to support its diverse fleet of vehicles in Antarctica. . .HINO MOTORS and Volkswagen Truck & Bus have signed a long-term strategic partnership agreement. . .CONTINENTAL is celebrating one million tires measured in the U.S. and Canada with its Bluetooth-enabled digital inspection tool, ContiTrack2. The tool and the associated software program identifies and tracks a commercial tire's tread wear and tire pressure in real time. . .J.J. KELLER & ASSOCIATES, INC. has achieved ISO 27001:2013 certification, the international standard that outlines best practices for an information security management system (ISMS). . .Forbes magazine has ranked MICHELIN NORTH AMERICA INC. as the best large employer in the U.S. for 2018. . .ENTERPRISE HOLDINGS has announced its participation in the U.S. Army Partnership for Youth Success (PaYS) program in Philadelphia. The PaYS program guarantees soldiers job interviews for employment after they leave active duty and connects then with employers.


 

PEOPLE

Daimler Trucks North America has named BRIAN LEWALLEN the president of Detroit Reman; ERIK JOHNSON as the general manager of the Cleveland Truck Manufacturing Plant in Cleveland, N.C.; JANE ROSAASEN has accepted the position of general manger of the Mount Holly Truck Manufacturing Plant in Mount Holly, N.C.. . .TED PILECKI has been promoted to president of M&K Truck Centers. . .Volvo Trucks North America has appointed Per Carlsson as acting president. . .BOB MOONEY has been hired as district manager for the Western region for Isuzu Finance of America. . .Navistar has named MARK HERNANDEZ as senior vice president of global manufacturing.



 

NUMBERS

Daimler AG has reported that first quarter revenue for 2018 as up by 3% and Daimler Financial Services increased its new business for the first quarter 2018, with 494,000 new leasing and finance contracts with a total volume of $21.7 billion, which is 6% more than the prior-year period. FULL ARTICLE
 
Ryder System, Inc. generated record revenue and lower net earnings in the first quarter of 2018 with solid gains in its truck rental, supply chain and dedicated contract carriage business units. FULL ARTICLE
 
AB Volvo reported net income for the period ending March 31 rose 24% to the equivalent of $682.2 million. North American Class 8 orders for the quarter soared 107% to 23,405 compared with 11,334 in the 2017 period. FULL ARTICLE
 
Allison Transmission reported first quarter 2018 net income of $151 million, which is up 82% from the $83 million reported in the first quarter 2017. FULL ARTICLE
 
Rush Enterprises Inc. reported strong gains in net income and record-setting first-quarter revenue with aftermarket products and services accounting for more than 645 of the company's total gross profit in the first quarter of 2018, with parts, service and body shop revenues reaching $400.3 million, up 14.3%, compared with the first quarter of 2017. FULL ARTICLE
 
Paccar Inc. reported a soaring net income of $512.1 million, up 65% compared with $310.3 million earned in the same period last year. FULL ARTICLE
 
In the first quarter of 2018, Dana Inc.reported first quarter sales were more than $2 billion, the strongest sales quarter for the company in nearly a decade. FULL ARTICLE



 

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.