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Truck Renting and Leasing Association

The unified voice for truck renting and leasing


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EnRoute- May 2, 2019

On April 29, 2019, Representatives Doug LaMalfa (R-CA) and Collin Peterson (D-MN) introduced H.R. 2381, the “Modern, Clean, and Safe Trucks Act of 2019,” which would repeal the 12% Federal Excise Tax (FET) on the sale price of new heavy-duty trucks, and trailers. FULL STORY





TRALA IN THE NEWS

On April 29, 2019, Representatives Doug LaMalfa (R-CA) and Collin Peterson (D-MN) introduced H.R. 2381, the “Modern, Clean, and Safe Trucks Act of 2019,” which would repeal the 12% Federal Excise Tax (FET) on the sale price of new heavy-duty trucks, and trailers. FULL STORY



 

TOP STORIES

President Trump met with Democrat Leadership and reached a potential agreement to pursue a $2 trillion infrastructure package. FULL STORY
The highly-anticipated Canadian electronic logging device (ELD) mandate is expected to be finalized this summer. FULL STORY
U.S. economic growth accelerated in the first quarter on a big boost from inventories and trade. FULL STORY
New technology is changing the way business gets done, and more business competitors are springing up from new and unlikely places. FULL STORY
A decline in diesel fuel sales forecasts electric truck market share to grow at 15% a year. FULL STORY



 

TECHNOLOGY TRENDS

Advances in battery technology since 2010 have reduced the cost of vehicle storage batteries by 80% and improved energy density by nearly 50%. FULL STORY
Dana has launched its TM4 Sumo electric powertrain for light-duty vehicles. FULL STORY
Thermo King has recently partnered with Chanje to create a fully integrated refrigerated version of its V8100 all-electric last-mile delivery van. FULL STORY
New J.J. Keller in-cab video technology detects driving events, provides trends and recommends coaching. FULL STORY



 

BRIEFLY


ALLISON has announced its purchase of Vantage Power and AxleTech's electric vehicle system division to complement its electrification strategy. . . J.J. KELLER has received patent to improve motor carriers' logging accuracy on mobile devices. . . TRIMBLE has teamed up with Cobalt, and IT asset company, to provide Trimble's fleet mobility customers with the ability to dispose of older, on board equipment in an environmentally-friendly way. . . MCKINNEY TRAILER RENTALS hosted an open house on April 18 to showcase its new branch location in Denver, Colorado. . . FORD MOTOR COMPANY and Rivian plan to deliver an all-new, next-generation battery electric vehicle for Ford's growing EV portfolio using Rivian's skateboard platform. . .



 

PEOPLE


Paccar Inc. has appointed PRESTON FEIGHT 
to serve as CEO as well as on its board of directors effective July 1, 2019



 

NUMBERS

Rush Enterprises Inc. saw revenue and net income climb in its first quarter amid strong gains in aftermarket products and services. FULL STORY
Eaton Corporation has reported higher first-quarter net income and modest revenue gains. FULL STORY
Volvo has reported an increase in first-quarter net income and revenue as it brought in more money from trucks sales in all markets. FULL STORY
Cummins Inc. has reported higher net income and revenue in its first quarter reflecting the strength in North America truck production and power generation markets. FULL STORY
Paccar Inc. has announced record first-quarter net income and revenue on record truck delivers. FULL STORY



 

TRALA ANNOUNCEMENTS

TRALA Industry Scholarship Deadline Approaching
There is still time to submit your applications for TRALA's Industry Scholarship. The deadline is 3:00 p.m. Central Time on May 30, 2019.
The TRALA Industry Scholarship Program awards scholarships to TRALA-member company employees or their children to pursue vocational training as maintenance technicians or are seeking a 4-year degree in the truck transportation industry. The program has no age limit and eligible veterans are also encouraged to apply.
Eligibility
Applicants to the TRALA Industry Scholarship Program must be:
  • Employees or interns of TRALA member companies in North America, or dependents/children of part-time or full-time employees of TRALA member companies in North America.
  • Pursuing a course of study related to the truck transportation industry at an accredited two-year vocational program or four-year college or university. Examples include, but are not limited to Heavy Duty Truck Technology, Diesel Technology, Industrial Mechanics and Medium/Heavy Vehicle Technology.
How to Apply
Applying for TRALA's Industry Scholarship is even easier than before! The new online application is now available.The application can be found through this link, https://www.scholarsapply.org/trala/
If you have any questions, please contact TRALA's Tonya Gibbs at tgibbs@trala.org or (703) 299-9120.