EnRoute - October 22, 2014
Frost and Sullivan's newest analysis shows that leasing companies should start to capture more business in the Class 8 market over the next six years and items such as preventative maintenance and telematics services are expected to be included in leasing packages. FULL STORY
A U.S. Department of Transportation Report that was released said that FMCSA is expecting to publish at least five proposed or final rules to either change existing regulations or add new regulations to the industry. The agency's Advanced Notice of Proposed Rulemaking to increase the amount of liability insurance carriers must have is still projected to be published in October. FULL STORY
For the first time since December 2011, Class 8 truck sales in the U.S. crossed the 20,000-unit mark and over the first three quarters, Class 8 sales are up 19.4% over 2013. FULL STORY
U.S. and Mexico officials have signed an agreement to streamline the flow of goods between the two countries, including by truck and is similar to the one currently in place between the U.S. and Canada. FULL STORY
Michelin has debuted X-One Multi Energy T, a new wide-based single-trailer tire that is verified under the U.S. Environmental Protection Agency's (EPA's) SmartWay program. FULL STORY
Clean Energy Fuels Corp. has launched the NGV Easy Bay, a new low-cost separation and vapor containment system for natural gas vehicle maintenance and storage facilities. The product is the first code-compliant fabric barrier system utilizing an industrial curtain designed for quick, cost-efficient installation and operation.FULL STORY
Schilli Transportation Services as integrated ALK Maps into the company's proprietary Driver Daily Events management tool. . .Meritor is adding the RPL35 and RPL35SD drivelines to its Permalube RPL family of truck drivelines for heavy service applications. . .Continental Tire the Americas LLC has launched its new Conti360º Fleet Services website which provides truck national account customers “one-touch access” to all their contracted services. . .Ryder System, Inc. has opened a new maintenance and rental facility in Charlotte, NC. It is the third operating location for the company in that area. . .Bridgestone Bandag LLC's retread facility in Oxford, N.C. has pledged a charitable donation of $30,000 to the Granville Health System Foundation. . .Mack Trucks has showcased a bright pink Mack Pinnacle Axle Back model at its headquarters in Greensboro, N.C. in support of breast cancer awareness Month. . .Penske Truck Leasing is now an Affiliate in the Canada SmartWay Transport Partnership. Kenworth is now offering a new optional anti-theft system for Kenworth T680 and Kenworth T880. The system integrates the engine and the Kenworth Driver Performance Center and provides operators with data on vehicle and engine functions through a 5-inch, color LCD screen. . .Hino Trucks has reached a milestone of 30 years in business in the U.S. this year.
Double Coin Holdings LLC has named Brian Riddell as regional sales manager for Canada and Juan Alberto Gonzalez as regional sales manager for Mexico. . .Natural Gas Vehicles for America (NGVAmerica) has named Matthew Godlewski as president, he is replacing Rich Kolodziej, who is retiring after serving as president since 1996.
Taking $tockA look at truck transportation-industry Fortune 500 public companies:
|Company||Symbol (Click for Chart)||10/22 Close||Performance|
|Allison Transmission Holdings||ALSN||$29.08||$0.08||-0.27%|
|Avis Budget Group Inc.||CAR||$51.90||$2.70||-4.95%|
|Dana Holding Corp.||DAN||$17.49||$0.30||-1.69%|
|Goodyear Tire & Rubber||GT||$20.78||$0.24||-1.14%|
|Navistar International Corp.||NAV||$33.06||$0.74||-2.19%|
SOURCE: Yahoo! Finance
Nine technical and community colleges across the country have been awarded $1 million in grants by The Federal Motor Carrier Safety Administration (FMCSA) to help train nearly 400 returning military veterans for jobs as commercial bus and truck drivers. FULL STORY
Rush Enterprises, Inc. has reported the company's net income of $23.5 million for the third quarter of 2014, compared to $15.2 million for the same quarter in 2013. FULL STORY
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