EnRoute - May 1, 2013
Top Stories
Manufacturers and suppliers are making strides at becoming better environmental stewards. Companies are assessing their current operations and looking at ways to reduce, reuse and recycle.
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Charlotte Mayor Anthony Foxx has been nominated to be the next Secretary of Transportation. He would be replacing outgoing Secretary Ray LaHood.
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The California Air Resources Board (CARB) is offering a free class to help truck owners comply with California's ever-changing emission regulations.
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Technology Trends
Vigillo has released two new custom reports from IQLab. The CSA Points Gauge and Carrier Benchmark reports provide carriers important data on their CSA scores and comparisons to other carriers.
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Bulldog mDrive Transmission Fluid SAE75W-80 is proprietary transmission fluid for Mack Trucks mDrive automated transmission. It is engineered specifically to complement the performance of the mDrive.
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Comdata Corp. has introduced pay-at-the-pumps limits for its MasterCard Corporate Fleet Card customers. The limits are designed to help fleets better manage fuel expenses, reduce purchase declines and improve security.
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The G399 LHS Fuel Max, the G572 LHD Fuel Max, and the G392 SSD with DuraSeal + Fuel Max wide base tire are enhanced tire lines from Goodyear Tire & Rubber Company. The new enhanced tires will launch during the second quarter of 2013 and are all SmartWay-verified.
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Briefly
Ryder System, Inc. has been selected for the very first VeteransPlus F.I.S.H. Award. The 2013 F.I.S.H. Award or “Foundations in Support of Heroes” reflects the VeteransPlus mission to teach financial literacy to provide a lifetime of financial wellness. . .Navistar has reported the first International ProStar tractors with EPA-certified MaxxForce 13L engines and SCR aftertreatment have been shipped. . . Two of the nine North American tire manufacturing facilities operated by Bridgestone Americas Inc. send no waste to landfills. The company's Aiken, S.C., plant was the first to achieve zero waste to landfill, starting in December 2012. The Wilson, N.C., plant reached the zero-waste-to-landfill mark in early 2013. . .Mitsubishi Fuso Truck and Bus Corporation, a subsidiary of Daimler, is celebrating the 50th anniversary of the Fuso Canter Truck. It is in demand by customers in more than 150 countries around the world. . .A new partnership between Volvo and the U.S. Department of Energy (DOE) will see the manufacturer reduce its energy intensity by 25% during a 10-year period. Volvo's pledge was made as part of the DOE's Better Buildings, Better Plants program. . .Carrier Transicold's new Dealer Locator smartphone app provides ready access to its entire dealer sales and support network, and is available for free for Android devices via Google Play and for iPhone via the Apple App Store. . .In honor of Arbor Day and Enterprise's 50 Million Tree Pledge, Enterprise Rent-A-Car and the Arbor Day Foundation organized the “Plant a Tree at Flight 93” event, which took place at the Flight 93 National Memorial in Shanksville, PA. The Enterprise Foundation donated 30,000 trees to help reforest 23 acres of land in a new 2,200-acre national memorial.
People
Steve Murray joins J.J. Keller & Associates as senior director of consulting services. . .Supreme Industries has selected Mark D. Weber to be the president and chief executive officer. . .VT Hackney, a subsidiary of VT Systems, has named John Sommer Jr. to the position of vice president of sales for Kidron Truck Products. . .Russell G. Golden was named the next chairman of the Financial Accounting Standards Board (FASB), effective July 1, 2013. He will succeed current FASB Chairman Leslie F. Seidman.
Taking $tock
A look at truck transportation-industry Fortune 500 public companies:
Company |
Symbol (Click for Chart) |
05/01 Close |
Performance |
Allison Transmission Holdings |
ALSN |
$22.47 |
$0.34 |
-1.49% |
Avis Budget Group Inc. |
CAR |
$28.44 |
$0.40 |
-1.39% |
Cummins Inc. |
CMI |
$103.66 |
$2.73 |
-2.57% |
Dana Holding Corp. |
DAN |
$16.60 |
$0.65 |
-3.77% |
Eaton Corp. |
ETN |
$59.27 |
$2.14 |
-3.48% |
General Electric |
GE |
$22.15 |
$0.14 |
-0.63% |
Goodyear Tire & Rubber |
GT |
$12.20 |
$0.30 |
-2.36% |
Navistar International Corp. |
NAV |
$31.55 |
$1.57 |
-4.74% |
PACCAR Inc. |
PCAR |
$49.53 |
$0.25 |
-0.50% |
Ryder |
R |
$56.68 |
$1.39 |
-2.39% |
SOURCE: Yahoo! Finance
Money Matters
Supreme Industries, Inc. has reported the first-quarter gross profit rose to $11.4 million, up from $10.8 million, in the same period in 2012.
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The Goodyear Tire & Rubber Company reported higher earnings for the first quarter of 2013 compared to a year ago. The North American Tire earnings were up 59%, which was a new first quarter record.
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