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Truck Renting and Leasing Association

The unified voice for truck renting and leasing


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EnRoute- February 20, 2020

Implementation of the new lease accounting standard has led to average balance sheet lease liability increases of 1,475%, according to new research from lease accounting technology provider, LeaseQuery. FULL STORY





TOP STORIES

It's been a decade since the Federal Motor Carrier Safety Administration kicked off its Compliance, Safety, Accountability program aimed at assessing the safety of the nation's motor carriers. Yet there are still some concerns about its benefits. FULL STORY
 
Top trucking executives are breathing a sigh of relief after a California judge recently issued an injunction against Assembly Bill 5 (AB5), a law governing owner-operators that potentially could be very disruptive to trucking operations in the nation's most populous state. FULL STORY 
 
The Federal Motor Carrier Safety Administration has issued a final rule that continues to reduce commercial vehicle registration fees in 2020 and 2021, the agency announced Feb. 12. 
FULL STORY






 

TECHNOLOGY TRENDS

Carrier Transicold has added three new models to its next-generation Supra® series of diesel-powered truck refrigeration units, providing more powerful cooling choices for small to large box trucks. FULL STORY
 
A shortage of maintenance technicians poses an issue that jeopardizes fleet availability and perhaps, our very economy. FULL STORY
 
The financial case must be just as sound as the environmental argument if electric trucks are to succeed in the marketplace, stakeholders said. FULL STORY
 
Two years after launching their tool and power proprietary software, Diesel Laptops has decided to release a subscription-based service called Truck Parts Premium. 
FULL STORY






 

BRIEFLY

DOUBLE COIN TIRES/CMA has added two new warehouses located in Rancho Cucamonga and Riverside, California. . . J.J. KELLER offers Unified Carrier Registration Service to ensure carriers' information is submitted accurately and on time. . . IDEALEASE and the National Private Truck Council are co-sponsoring 26 safety and compliance seminars offered by Idealease locations throughout the U.S. and Canada this year. . . MURPHY-HOFFMAN COMPANY'S (MHC) Oklahoma region received Kenworth's PACCAR MX Engine Dealer of the Year award for the United States and Canada during the Kenworth Dealer Meeting. . . UTILITY TRAILER MANUFACTURING CO. announced that it has set a record for trailer production, producing just under 52,000 trailers in 2019. . . CUMMINS INC. supplied the most Class 8 diesel engines in 2019. . . MERITOR recently entered into an agreement with PACCAR to be its non-exclusive supplier of electric powertrains for its Kenworth T680 and Peterbilt 579 and 520 battery-electric vehicles. . . MACK TRUCKS announced the launch of driver-activated Mack® Over The Air updates, enabling customers to activate their software updates on their own schedule 24/7 while also improving uptime. 





 

PEOPLE

Hercules Manufacturing Company has promoted JUSTIN WILSON to Inside Sales and Marketing Manager. . . ED SEARS has joined the Mickey Truck Bodies team as Controller responsible for all accounting and financial planning functions.




 

NUMBERS


FTR reports preliminary North American Class 8 orders for January at 17,700 units, following a consistent trend over the last four months, when orders averaged 19,000 trucks. FULL STORY
 
Rush Enterprises Inc. reported that is has achieved record revenue of nearly $6 billion plus increased profits. FULL STORY
 
Dana Inc. announced that its revenue for the quarter increased $14 million to $1.99 billion compared with $1.97 billion in the same period a year earlier. 
FULL STORY





 

TRALA ANNOUNCEMENTS

Nominate your Top Driver
Friday, February 21, 2020 is the last day to submit applications for TRALA's 2020 Driver of the Year. This prestigious award is sponsored by Mack Trucks. The Driver of the Year Award will be presented during TRALA's 2020 Annual Meeting at the Hyatt Regency Coconut Point in Bonita Springs, Florida on April 1, 2020.
 
Please click here to access the application. If you have any questions or concerns, please contact TRALA's Jennylynne Bowman at jbowman@trala.org or by phone at (703) 299-9120.
 
Register Now for TRALA's 2020 Annual Meeting
There is still time to register for TRALA's 2020 Annual Meeting which will be held March 29 - April 1 at the Hyatt Regency Coconut Point in Bonita Springs, Florida. More information including rates, agenda and travel information and registration can be found by clicking here.
 
If you have any questions, please contact TRALA's Shannon Davison at sdavison@trala.org or Jennylynne Bowman at jbowman@trala.org.