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Truck Renting and Leasing Association

The unified voice for truck renting and leasing


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EnRoute- November 4, 2021

Senator Joe Manchin says he won't support President Joe Biden's $1.85 trillion budget proposal and is pushing for a vote on infrastructure. FULL STORY





TOP STORIES

The White House recently unveiled its Build Back Better plan which represents the biggest clean-energy investment in U.S. history, with a $555 billion package of tax credits, grants and other policies aimed at curbing greenhouse gas emissions that are fueling climate change. FULL STORY
 
Congress approved an extension to December 3 for transportation funds were set to expire on October 31, after the House of Representatives failed to take action on the $1 trillion infrastructure bill already approved by the Senate.
FULL STORY





 

TECHNOLOGY TRENDS

Carrier Transicold released a new diesel-powered truck refrigeration unit designed to increase freezing capacity and efficiency. FULL STORY
 
Navistar announced significant updates to the International A26 engine, which now allows fleets to achieve 10% improved fuel economy since the engine's initial launch. FULL STORY
 
Hendrickson Truck Commercial Vehicle Systems has partnered with Autocar to offer the next-generation Haulmaax EX as a part of the chassis enhancements for ACX and DC-64 models. FULL STORY
 
Hino Trucks has delivered the first of its trucks with Cummins engines to Penske Truck Leasing at a ceremony in their plant in Mineral Wells, West Virginia. FULL STORY





 

BRIEFLY

DAIMLER AG shareholders overwhelmingly approved a company realignment that spins off the company's truck and bus business as an independent company. . . PENSKE TRUCK LEASING opened a new full-service location in West Fargo, North Dakota. . . GENERAL MOTORS plans to establish a network of 40,000 electric vehicle chargers over the next four years and will distribute up to 10 chargers to each of its dealerships in the U.S. and Canada. . . HINO TRUCKS recently introduced Hino Edge, the company's all-new, third generation connected vehicle solution which synergizes the digital connection between the fleet customer, dealer network, Telematics Service Providers (TSP's), and Hino Ultimate Support Center, to provide customers a competitive edge. . . MACK TRUCKS announced it will offer a factory-installed electric auxiliary power unit (eAPU), the Idle Free Series 5000 eAPU, for its 70-in. Mack Anthem sleeper models, which offers increased air-cooling capacity, reduced idling and simplified maintenance for improved total cost of ownership. . . RYDER SYSTEM was recognized as a “Top Company for Women to Work For in Transportation” for the third consecutive year. . . CARRIER TRANSICOLD recently introduced the Supra S10 diesel-powered truck refrigeration unit which is designed for greater refrigeration and freezing capacity for larger trucks while also offering improved efficiency and fuel economy. . . KENWORTH has launched a project to auction a special “Everyday Heroes” Kenworth T680 Next Generation, to further educate and fund efforts to combat human trafficking and the proceeds from the sale of the truck will go to Truckers Against Trafficking (TAT), a non-profit devoted to stopping human trafficking by educating, mobilizing, and empowering truck drivers and rest stop employees. . . MACK TRUCKS dealer Northwest Equipment Sales is now a Certified Electric Vehicle Dealer, making it the first Mack dealer in the Northwest to achieve that status. . . RUSH ENTERPRISES INC. entered into an agreement in September with NAVISTAR and Summit Truck Group where Summit Truck Group has agreed to sell all of its commercial vehicle dealership assets to subsidiaries of Rush Enterprises Inc., and, in turn, Summit, Rush and Navistar have mutually agreed to allow current Summit CEO Justin Fink, in partnership with Southwest International and Kyrish Truck Centers, to purchase Summit's dealership locations in Oklahoma and its AOR around Wichita Falls, Texas. . . PACCAR was honored as a 2021 “Top Company for Women to Work for in Transportation". . . KENWORTH recently launched an EV technician training and certification program as part of its efforts to prepare Kenworth dealerships to service electric vehicles, such as the T680E, K370E, and K270E, in the U.S. and Canada. . . . VOLVO GROUP NORTH AMERICA and DAIMLER TRUCKS NORTH AMERICA announced each was selected to participate in the U.S. Department of Energy's (DOE) SuperTruck 3 Program.




 

PEOPLE

Wells Fargo promoted KRISTIN LESHER to lead middle market banking. . . BMO Financial Group recently appointed DELAND KAMANGA as group head of BMO Wealth Management; SHARON HAWARD-LAIRD as general counsel; and, DAN GOLDMAN and LEVENT KAHRAMAN as co-heads of global markets. . . Mack Trucks appointed DAVID GALBRAITH as vice president of global brand and marketing and also the company's founders JOHN and AUGUSTUS MACK were inducted into the American Truck Historical Society's (ATHS) new American Trucking and Industry Leader Hall of Fame (ATIL Hall of Fame) as part of its inaugural class. . . PACCAR executives were recently recognized for their industry leadership by the Women in Trucking Association: LILY LEY, vice president and chief information officer, was named as a finalist for WIT's 2021 “Influential Women in Trucking” award and BROOKE VASQUEZ, senior director of marketing, and ERIN LUKE, assistant director of North American materials, were honored as 2021 “Top Women to Watch in Transportation.”



 


NUMBERS

Trailer orders surged in September after some manufacturers opened up their 2022 order books, according to preliminary data from ACT Research. FULL STORY
 
J.D. Power reports in its October Commercial Truck Guidelines industry report that the sky's the limit for the Class 8 market, with auction pricing jumping notably and retail pricing continuing its record-breaking trajectory. FULL STORY
 
Dana Incorporated announced financial results for the third quarter of 2021 which include sales of $2.2 billion and net income of $48 million.
FULL STORY




 

TRALA ANNOUNCEMENTS

Registration is Now Open for TRALA's 2022 Annual Meeting
 
TRALA will host its 2022 Annual Meeting in-person from April 3-6 at the JW Marriott Miami Turnberry Resort and Spa in Aventura, Florida. Registration is now live! Information about the meeting and how to register can be found on TRALA's Annual Meeting website, https://cvent.me/rvkry8
 
?Any questions regarding becoming a 2022 Annual Meeting Sponsor, contact TRALA's Shannon Davison at sdavison@trala.org.
 
Apply for TRALA's Academic Scholarship Program Today!
 
Is your child or grandchild pursuing a 4-year college degree for the academic year 2022-23? If so, APPLY for TRALA's Academic Scholarship. Each scholarship recipient may receive up to $5,000 per year. Don't let these funds pass you by! The deadline to apply is January 17, 2022 at 3 PM Central Time.
 
If you have any questions or need more information, please contact TRALA's Elizabeth Hyers at ehyers@trala.org.