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April 24, 2013
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Top Stories In This Issue
Heavy Truck Data Show Signs Industry Is Poised to Recover

Net heavy truck orders have been above 20,000 since December, an indication trucking companies are doing more than just swapping out aging tractors for new ones. Truckers need to buy about 20,000 vehicles a month just to replace older ones made by companies such as Navistar International Corp. and Paccar Inc. North American net orders have averaged 21,619 a month since October and stayed above 20,000 since December. In February, net orders grew 3.4 percent to 22,816, the first such monthly gain in 14 months. While still shy of a full-fledged rebound in the industry, investors see the early signs as reasons for optimism in an industry that is an economic bellwether. Carriers are moving more automobiles and home construction equipment, helping drive demand for Class 8 tractors, the backbone of interstate hauling. “There is a lot of optimism out there,” Kristine Kubacki, a St. Louis-based analyst at Avondale Partners LLC. “It's really geared toward a back-half recovery.”
Source: Bloomberg

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Truck Sales Decline 24.3%

March marks 7th straight year-over-year drop

U.S. heavy-duty truck sales fell 24.3% in March to 13,101 vehicles, the seventh straight year-over-year decline, WardsAuto reported. Truck makers and dealers blamed the slump on ongoing economic uncertainty and regulatory concerns. Although sales improved 4.4% from February's tally of 12,546, the first-quarter total of 38,805 was down 17.2% from the first quarter of 2012, Ward's reported. The drop-off in March was the steepest year-over-year decline since October 2009. Jack Allen, the newly promoted chief operating officer at Navistar International Corp., said the market remains “choppy” because “there is no clear economic forecast that gives our customers the confidence to make a big, bold move.”
Source: Transport Topics

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Truck Tonnage Rises 3.8% in March

Truck tonnage rose 3.8% in March from the same month last year, American Trucking Associations said Tuesday. The March index had a reading of 123.5, ATA said in its monthly seasonally adjusted for-hire truck tonnage report. ATA uses the year 2000 as a 100-reading baseline. The increase follows February's 3.1% year-over-year gain that was smaller than the 4.2% gain first reported. Month-to-month, tonnage rose 0.9% after a revised 0.7% decrease in February that was originally reported as a 0.6% gain.
Source: Transport Topics

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Diamond International Trucks Hosted U.S. Rep. Steve Cohen (D-Tenn.) at its Dealership in Memphis, Tenn.


Danny Sears, a 20-year employee at Diamond International Trucks, meets with Rep. Steve Cohen (D-Tenn.) at the dealership. 

Dick Sweebe, president of Diamond International Trucks and 2009 Truck Dealer of the Year, hosted Rep. Steve Cohen (D-Tenn.) during a tour of the dealership. The purpose of the visit was to educate Cong. Cohen about Diamond’s investment in the dealership, meet its employees and to showcase a new idle reduction technology from Griffin Technologies that is used on International Trucks and being marketed to municipal and military customers.
Source: ATD-NADA Legislative Affairs

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Trucking Industry Is Set to Expand Its Use of Natural Gas

The natural gas boom has already upended the American power industry, displacing coal and bringing consumers cheaper electricity. Now the trucking industry, with its millions of 18-wheelers moving products like potato chips, underarm deodorant and copy paper around the country, is taking a leap forward in switching from petroleum to cleaner-burning natural gas. And if natural gas remains cheap, consumers may benefit again.
Source: The New York Times

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Don't Miss Your Chance to Participate in the 2013 Dealership Workforce Study!

The deadline to participate in the 2013 Dealership Workforce Study is April 30, 2013. This is the only NADA-ATD study that compares the dealership's compensation and benefits, retention and turnover, work schedules and hours of operation to aggregated peer data. With the results, dealers will be empowered to make data-based decisions when recruiting, hiring and motivating employees. Only NADA and ATD members are eligible to participate and there is no cost.

It's easy to participate. Simply go to the secure website, www.nadaworkforcestudy.com, and follow the step-by-step directions to complete the survey and upload your payroll data file. There are separate processes for single dealership enrollments and multi-dealer group enrollments.
Source: NADA-ATD University

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Top Stories
Heavy Truck Data Show Signs Industry Is Poised to Recover
Truck Sales Decline 24.3%
Truck Tonnage Rises 3.8% in March
Diamond International Trucks Hosted U.S. Rep. Steve Cohen (D-Tenn.) at its Dealership in Memphis, Tenn.
Trucking Industry Is Set to Expand Its Use of Natural Gas
Don't Miss Your Chance to Participate in the 2013 Dealership Workforce Study!
Peterbilt Election in Process

Nominations are currently open for a Peterbilt Line Representative to succeed Eric Jorgensen, who became the ATD vice chairman at the convention. Nomination ballots are due by May 1, 2013. For more information, contact ATD at 1-800-352-6232 or atd@nada.org.

NADA-ATD University Now Accepting Workshop Proposals for 2014 Convention

ATD-NADA University is now accepting proposals for workshops on car and truck industry topics for the 2014 NADA and ATD conventions, which will be held Jan. 24-27 in New Orleans. Each workshop proposal should include a title, synopsis, learning objectives, presentation format and a 60-second video clip. For detailed instructions or to begin the submission process, click here. The deadline to submit a workshop proposal for both NADA and ATD is 5 p.m. EDT, Friday, May 11, 2013. The selections panel will meet in June to select the workshops they determine will be of the most interest to the membership. Those who submitted proposals will be notified by July 22, 2013 whether they were selected.
Source: ATD-NADA University
 

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