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September 4, 2013
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Top Stories In This Issue
Construction Spending Rises to Four-Year High

Construction spending rose to a four-year high in July, the Commerce Department reported Sept. 3. The 0.6% increase brought spending to an annual $900.8 billion rate, the highest since June 2009. The July increase — which followed a flat reading in June that had originally been reported as a 0.6% decline — topped economists' median forecast of a 0.4% gain, Bloomberg News reported. Spending rose 5.2% in the 12 months ended in July after adjusting for seasonal variations, Bloomberg reported, citing Commerce figures.
Source: Transport Topics

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Former Truck Dealer of the Year Hosts Missouri Congressman at Dealership


Dick Sweebe (right), president/CEO of Diamond Companies, meets with U.S. Rep. Billy Long (R-Mo.) for a dealership tour.

Dick Sweebe, 2009 Truck Dealer of the Year, hosted U.S. Rep. Billy Long (R-Mo.) at his Diamond International dealership in Springfield, Mo., last month. Sweebe is president/CEO of Diamond Companies, which has 16 locations in four midwestern states. Rep. Long is serving his second term in Congress and serves on the Energy and Commerce Committee. The Diamond International location in Springfield is a state-of-the-art facility, which includes 15 drive-through service bays and a fully enclosed CNG/LNG bay to work on natural gas vehicles. During the visit, Sweebe introduced Rep. Long to dealership employees and discussed key issues of importance to ATD members, such as the adverse effect of the federal excise tax (FET) on heavy-duty trucks, possible repeal of last-in, first-out (LIFO) accounting method, implementation challenges with the Affordable Care Act, increased truck prices from EPA emissions mandates and other issues. If you're interested in hosting your Member of Congress at the dealership, contact ATD-NADA Director of Legislative Affairs, Patrick Calpin, at (202) 547-5500 or pcalpin@nada.org.
Source: ATD-NADA Legislative Affairs


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Navistar Reports $247 Million Loss in 3Q, Plans to Cut 500 Employees

Navistar Sept. 4 reported a net loss of $247 million in the third quarter of 2013, following the $347 million net loss reported by the company in the second quarter of this year. In an effort to restore its profitability, the company also announced Sept. 4 plans to cut its workforce by 500 employees. The company expects to complete nearly all job reductions by November, and projects these and related activities to generate an additional $50 to $60 million in annual savings beginning in its fiscal year 2014.
Source: Commercial Carrier Journal

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Used CV Registrations Up 9.1% in First Half of 2013

Used commercial vehicle registrations during the first half of the year are up more than 9% over the same period last year, according to Polk, the global automotive market intelligence firm recently acquired by IHS. Nearly 357,100 used commercial registrations were recorded during the January-June timeframe, based on Polk analysis, which also found used transactions during the second quarter of the 2013 calendar year were the highest since the second quarter of the 2011 calendar year, reflecting continued demand for clean used equipment. New commercial vehicle registrations during the first six months of 2013 increased by just one half percent over the same time period in 2012.
Source: Trailer-Bodybuilders

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NACFE Increases Confidence of Fuel Efficient Technologies Starting with Tractor and Trailer Tire Pressure Systems

This latest Tire Pressure Report addresses the lack of credible information on payback which was isolated as a key barrier in a separate study conducted by the Council on the bottlenecks to nationwide implementation of technologies. Lack of access to capital and unavailability of technology are stifling the large-scale deployment of fuel efficiency technologies for tractor trailers, according to a new report published by The North American Council for Freight Efficiency (NACFE) and Cascade Sierra Solutions (CSS). The report identifies five hurdles to immediate uptake by fleets of fuel-saving technologies: payback time and high initial cost of trucks; lack of access to capital; lack of credible information; insufficient reliability; and unavailability of technology. The findings are based on a study funded by the International Council for Clean Transportation that examined barriers to large-scale deployment of available efficiency technologies for tractor-trailers. See the full report here.

To share 'best-in-class' experience with technologies and promote the accelerated adoption, NACFE and their new partner Carbon War Room, the environment non-profit set up by British billionaire Sir Richard Branson will host a major convening of industry leaders to share best practices and collaborate on solutions for improved freight efficiency. The event will include overviews of each technology, followed by small workshops to openly brainstorm actions to promote adoption. Each workshop will focus on one of three specific technologies: Tire Pressure Systems, 6x2 Axles, and Anti-Idling Devices. This Trucking Efficiency Summit will be held in conjunction with CALSTART's High-Efficiency Truck Users Forum National Meeting in Chicago on Monday Oct. 7th. More information is available here.
Source: The North American Council for Freight Efficiency

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ATD Convention: Early Bird Registration Ends Oct. 7

Registration for the 2014 ATD Convention & Expo in New Orleans continues to exceed last year's rate at this time, which has resulted in several hotels filling up quickly. ATD members are encouraged to register early due to a limited number of rooms available at the Hilton Riverside, which is the ATD headquarters hotel. "A benefit of staying at the Hilton Riverside is the convenience for ATD dealers, managers, spouses and relatives to attend the daily continental breakfasts and evening receptions sponsored by Eaton," said ATD Convention Chairman Steve Parker. Dealers and their managers who register by Oct. 7 will receive a $150 discount from the onsite rate. The ATD convention runs Jan. 24-27. For more information or to register, visit www.atdconvention.org.
Source: NADAFrontPage.com

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Top Stories
Construction Spending Rises to Four-Year High
Former Truck Dealer of the Year Hosts Missouri Congressman at Dealership
Navistar Reports $247 Million Loss in 3Q, Plans to Cut 500 Employees
Used CV Registrations Up 9.1% in First Half of 2013
NACFE Increases Confidence of Fuel Efficient Technologies Starting with Tractor and Trailer Tire Pressure Systems
ATD Convention: Early Bird Registration Ends Oct. 7

Ford, Isuzu and Kenworth Elections in Process

Nominations are currently open for the Ford, Isuzu and Kenworth Line Representatives on the ATD board. All Ford, Isuzu and Kenworth ATD member dealerships should have received a nomination ballot in the mail. If you have not received a ballot, contact Kim Carey at kcarey@nada.org. For more information, contact ATD at (800) 352-6232 or atd@nada.org.



Nominations for ATD Commercial Truck of the Year Now Being Accepted

Manufacturers can now submit nomination forms for the 2014 ATD Commercial Truck of the Year until Sept. 12 for both the heavy-duty (class 8) and medium-duty (class 3-7) weight classes. Participating in the annual program provides manufacturers with numerous benefits, including publicity for their products. Nominees will be judged by an independent panel of journalists from top commercial truck publications. Tom Berg, senior editor of Heavy Duty Trucking magazine, will chair the panel. Trucks will be judged on innovation, design, driver satisfaction and safety. Manheim will host test drives for the judges in Orlando, Fla., on Oct. 18. The winner for each category will be announced during the ATD Convention & Expo in New Orleans on Sunday, Jan. 26. For nomination forms or more information on nominee requirements, click here. To register for the convention, visit www.atdconvention.org.

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For more information on ATD, visit www.atd.org. Any opinions or statements contained herein do not necessarily reflect the views of ATD. Factual errors are the responsibility of the listed publication. This email may contain an advertisement of NADA products and services. Questions or comments concerning ATD Insider content may be directed to media@nada.org. To unsubscribe from future editions of ATD Insider, click here or contact ATD, 8400 Westpark Drive, McLean, VA 22102.