EnRoute - October 8, 2014
The U.S. Department of Transportation (DOT) has sent the White House Office of Management and Budget (OMB) a draft advance notice of proposed rulemaking to consider an increase in the minimum insurance requirement for motor carriers.FULL STORY
House Speaker John Boehner (R-OH) has expressed that a highway bill is possible within the next two years. FULL STORY
Next year's lawmakers are anticipating crafting more than 152,000 bills in their state capitals and in the U.S. Congress which would be an increase of nearly 60,000 bill introductions. FULL STORY
Daimler Trucks North America is introducing DD5 and DD8, medium-duty engines, that are based on the newest generation of Mercedes-Benz MD diesels currently sold in Europe. FULL STORY
The new Eaton Pure Sine Wave Inverter, a DC to AC inverter that produces either 1,000 or 1,800 watts of AC power output from a standard Class 8 DC vehicle battery. FULL STORY
Carrier Transicold offers a new accessory that harnesses the power of the sun to charge TRU batteries to maintain peak performance in an environmentally sustainable way. FULL STORY
The Falcon Series GXT2000 from SkyBitz, is a custom built global positioning satellite (GPS) asset tracking solution for 3G/4G cellular networks. FULL STORY
Bridgestone Group has announced that it will donate $1 million towards battling Ebola epidemic in parts of Africa, Bridgestone Americas will give $500,000 to Samaritan's Purse to aid efforts in Liberia, and Bridgestone Corp. will donate $500,000 to UNICEF's work in Liberia and Nigeria. . .Navistar is planning to offer the Tremec 10-speed manual transmission in its International ProStar model with the company's 13-litre engine. . .Clean Energy Fuels Corp. and Mansfield Energy Corp. have formed Mansfield Clean Energy Partners (MCEP), a joint venture which will provide natural gas fueling stations to bulk fuel haulers in the United States. . .Meritor has sold its Mascot operations in Canada and the United States to an entity that will operate under the name Mascot Industries LLC. . .Utility Trailer Manufacturing Company has announced that Prime Inc. has purchased 2,500 Utility 3000R reefer trailers from the company, making it the largest single trailer order in the company's history. . .Vigillo LLC is upgrading its daily CSA Alert emails, integrating the power of Vigillo's Athena Business Intelligence “big data” platform to greatly enhance the information delivered on a daily basis to the subscribers. . .Peterbilt Motors Co. is now offering an anti-theft system for its Model 579 and 567 equipped with PACCAR MX-13 engines. The system requires a passcode to be entered to start the truck. . .PeopleNet has announced an upgrade to its in-cab scanning capabilities in partnership with Pegasus TransTech. The upgrade will allow drivers to scan and transmit critical transportation documents using a Wi-Fi network to reduce cost.
Double Coin and CMA have hired Brian Riddell, regional sales manager for Canada and Juan Alberto Gonzalez as regional sales manager for Mexico. . .Elizabeth “Lizzie” Bolka and Alaina C. Hobbs have begun their practices as associates in the Indianapolis office of Scopelitis, Garvin, Light, Hanson & Feary, P.C.. . .GE Capital Fleet Services has named Todd Good as senior vice president of sales. . .Pam Nicholson, CEO and president of Enterprise Holdings, has been named to Fortune magazine's 2014 list of the “Most Powerful Women in Business” and appears on the list in the 22nd position.
Taking $tockA look at truck transportation-industry Fortune 500 public companies:
|Company||Symbol (Click for Chart)||10/8 Close||Performance|
|Allison Transmission Holdings||ALSN||$28.21||$0.47||+1.69%|
|Avis Budget Group Inc.||CAR||$51.25||$1.26||+2.52%|
|Dana Holding Corp.||DAN||$19.10||$0.10||+0.53%|
|Goodyear Tire & Rubber||GT||$21.95||$0.10||+0.46%|
|Navistar International Corp.||NAV||$32.47||$1.45||+4.67%|
SOURCE: Yahoo! Finance
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