EnRoute - July 25, 2019
TRALA IN THE NEWS
The Financial Accounting Standards Board (FASB) voted unanimously on July 17, 2019, to propose delaying the effective date for portions of its major accounting standards, including ASC 842, Leases, for privately held companies and nonprofit organizations. FULL STORY
A study by the American Trucking Associations reported that the driver deficit swelled by more than 10,000 to 60,800 in 2018 from a year earlier. FULL STORY
ELD providers are not worried about potential rule changes regarding the federal hours-of-service regulations for commercial drivers and are prepared to make quick updates when the potential rule changes are expected to be announced July 31. FULL STORY
J.J. Keller & Associates has developed a new CSA Performance Suite which displays real-time data that fleets can use to identify patterns and trends, prioritize areas requiring attention, monitor driver performance, and better understand what's impacting CSA scores. FULL STORY
WEST MICHIGAN INTERNATIONAL and IDEALEASE OF WEST MICHIGAN recently opened a new 56,000 sq. ft. facility which brings 17 new jobs and a $6.7 million investment into the Texas Township community. . .SUPREME, A WABASH NATIONAL COMPANY, has added Gruau refrigerated inserts to its upfit solutions for cargo vans. . .CONTINENTAL longhaul tire, the Conti Hybrid HS3, will be available under the new name, Conti HSL 3. . .MORGAN TRUCK BODY, LLC, has announced the expansion of its manufacturing footprint in the Midwest. The new facility will be capable of producing a combination of 4,000 dry freight and refrigerated truck bodies. . .VOLVO GROUP and Samsung SDI have agreed to a strategic alliance aimed at accelerating the development and strengthening the long-term capabilities of electromobility.
SHANNON SHACKLEFORD has joined Idealease, Inc. as Area Vice President, National Accounts. . .J.J. Keller & Associates, Inc. has hired SEAN NEBERT in the new position of Director of DOT Consulting. . .DENZEL LALL was recently hired by Continental as a sales technical training specialist. . .Truck-Lite appointed DAVID MCKEAN to the position of Executive Vice President of Business Development.
PACCAR Inc. reported net income of $619.7 million which was 11% higher compared with $559.6 million in the same period last year. FULL STORY
Volvo Group's second quarter truck deliveries jumped 10% propelled by a 35% surge in North America. FULL STORY
Rush Enterprises reported higher net income and revenue on strong aftermarket activity and new truck sales. The company's net income rose to $41.6 million on revenue of $1.54 billion, compared to net income of $29.4 million on revenue of $1.34 billion a year earlier. FULL STORY
Contribute to TRALA's 2019 Legal Action Fund
Please support TRALA's Legal Action Fund by making a corporate contribution today. TRALA is engaged in significant legislative, regulatory, and legal battles that directly impact your company's bottom line. A Legal Action Fund contribution is an investment that will be sure to pay off, as it ensures that TRALA has the financial resources necessary to protect your company's best interests. Click here to make your company's donation! Thank you for your support of TRALA's advocacy efforts.