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Truck Renting and Leasing Association

The unified voice for truck renting and leasing


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EnRoute - January 25, 2018

On January 19, 2018 the Truck Renting and Leasing Association (TRALA) filed a new exemption petition with the Federal Motor Carrier Safety Administration (FMCSA). The petition requests an exemption for rental trucks from the agency's Electronic Logging Device Mandate (ELD). FULL STORY 





TRALA IN THE NEWS

FMCSA published the waiver TRALA had requested for short-term rental trucks in the Federal Register.  This 90-day waiver from the ELD Mandate runs until April 19, 2018. FULL STORY 

 

TOP STORIES

The tax overhaul enacted in late December cuts taxes for big fleets structured as C Corporations, it also likely means annual tax savings for smaller trucking companies. FULL STORY

The Financial Accounting Standards Board (FASB) issued a proposed accounting standards update that would simplify transition requirements and, for lessors, provide a practical expedient for the separation of non-lease components from leasing components. FULL STORY

The U.S. Chamber of Commerce has released a four-part plan entitled Roadmap to Rebuilding America's Infrastructure that seeks to implement a 25 cent hike in federal fuel taxes over a five year period in order to generate nearly $400 billion worth of funds over the next decade. FULL STORY


 

TECHNOLOGY TRENDS

EROAD has developed EROAD Inspect, an in-vehicle driver inspection report (DVIR) reporting tool. FULL STORY

Hendrickson Trailer Commercial Vehicle Systems debuts its new air disc brake wear indicator tool.  This patent-pending tool allows maintenance personnel to check brake pad and rotor thickness without removing the wheel of the brake pads from the caliper. FULL STORY

Forward collision mitigation technology for heavy trucks has had years to mature and prove itself, the question is whether the government should mandate it on commercial trucks. FULL STORY

Truck manufacturers have shared the dos and don'ts of spec'ing a truck's chassis and suspension system. FULL STORY



BRIEFLY

PETERBILT has announced the production of its 1 millionth vehicle.  The Model 567 Heritage rolled off the assembly line at the company's Denton, TX manufacturing facility. . .MACK TRUCKS and The LEGO Group have introduced a new 2,595 piece Mack Anthem Building set. . .GEOTAB has been awarded a National Joint Powers Alliance (NJPA) four-year contract for the procurement of Fleet Management and Related Technology Solutions.

 

PEOPLE

Ryder System Inc. has appointed RAJEEV RAVINDRAN to the position of chief information officer. 



TAKING STOCK

A look at truck transportation industry Fortune 500 public companies.

Company

Symbol

01/25 Close 

Performance

 

Allison Transmission Holdings

ALSN

$44.80

$0.13

-0.29%

Avis Budget Group Inc.

CAR

$45.06

$0.14

+0.31%

Cummins Inc.

CMI

$189.40

$1.05

+0.56%

Dana Incorporated

DAN

$33.22

$0.50

-1.48%

Eaton

ETN

$85.22

$0.72

+0.85%

Navistar International Corp.

NAV

$46.41

$0.30

-0.60%

PACCAR Inc.

PCAR

$77.22

$1.07

-1.37%

Ryder System, Inc.

R

$88.20

$0.39

-0.44%




NUMBERS

PacLease has reported 2017 was a record year for the company, growing its lease and rental fleet by 30 percent and adding eight new locations.  FULL STORY

Isuzu Commercial Truck of America broke two sales records last year. Isuzu dealers retailed 22,633 Isuzu trucks to customers in 2017, the highest number ever in the United States and Isuzu dealers also purchased a record amount of parts, with a sales increase of 3.9% versus 2016. FULL STORY

FTR reported that trailer orders in December hit an all-time high of 47,000 units.  When finalized orders are expected to exceed the previous high of 45,800 reached in October 2014. FULL STORY

Dana Incorporated reported sales of $7.2 billion, an increase of $1.4 billion, 24 percent higher than 2016. FULL STORY  


 

TRALA ANNOUNCEMENTS

Early Bird Deadline Approaching for TRALA's 2018 Annual Meeting  
 
Don't put off registering for TRALA's 2018 Annual Meeting. Registration rates are set to increase on January 31, 2018.  
 
TRALA is hosting its 40th Annual Meeting April 8-11, 2018 at the Fairmont Scottsdale Princess in Scottsdale, Arizona. This is the largest gathering of leasing and rental executives in North America. More information including rates, agenda and travel information can be found by clicking here.
 
Registration is easy. Just click Yes to begin the registration process. TRALA's registration is also mobile-device friendly so you can register directly from your phone or tablet.
 
Please contact TRALA's Shannon Davison at sdavison@trala.org or by phone at (703) 299-9120 with any questions.