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September 25, 2013
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Top Stories In This Issue
Lt. Gen. Russel Honoré to Address ATD Convention in New Orleans


Lt. Gen. Russel L. Honoré (U.S. Army Ret.), commander of the Joint Task Force Katrina and Global Preparedness Authority, will provide keynote remarks during the 2014 American Truck Dealers (ATD) Convention & Expo, which runs Jan. 24-27 in New Orleans.

As commander of the task force, Honoré led the Defense Department’s response to hurricanes Katrina and Rita in Alabama, Mississippi and Louisiana. He also planned responses to hurricanes Floyd (1999); Lilli and Isidore (2002); Isabel (2003); and Charley, Frances, Ivan and Jeanne (2004). In addition, he oversaw the military response to the Space Shuttle Columbia Tragedy and the Washington, DC sniper shootings.

Honoré will speak at the ATD luncheon/general session at 12:15 p.m., Monday, Jan. 27, at the convention center. Other speakers are Philip Byrd, incoming chairman of the American Trucking Associations, and ATD Chairman Dick Witcher, chief executive officer of Minuteman Trucks in Walpole, Mass.

The 51st annual ATD convention runs concurrently with the NADA Convention & Expo. ATD dealers and their managers can attend the NADA general sessions and workshops. All attendees who register by Oct. 7 will receive a $150 discount from the onsite rate. For more information or to register, visit www.atdconvention.org.
Source: NADAFrontPage.com

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ATD / NADA Partners with Hiring Our Heroes to Support Veterans

The American Truck Dealers (ATD) and NADA have partnered with the Hiring Our Heroes program, sponsored by the U.S. Chamber of Commerce Foundation, to help military veterans find meaningful employment. Hiring our Heroes is a nationwide effort that helps veterans and their spouses find employment in communities across America.

“We are proud to partner with Hiring Our Heroes and will do our part to help raise awareness of the training and skills that veteran employees contribute to the civilian workforce,” said NADA President Peter Welch. “With our participation in this program, we hope we can help America's veterans get back to work and reduce the high unemployment rate they are facing.”

The Hiring Our Heroes program will work with the vast network of new-car and -truck dealerships around the country, as well as the state and metro dealer associations. The U.S. Chamber of Commerce currently works with its state and local chambers and other strategic partners from the public, private and nonprofit sectors. Hiring Our Heroes and its partners have hosted 600 job fairs in all 50 states, Puerto Rico and the District of Columbia. Through these employment fairs, 20,200 men and women have obtained jobs and more than 1,200 businesses have hired veterans and their spouses. For more information, visit www.nada.org/hiringourheroes.
Source: NADAFrontPage.com

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U.S. Rep. Dan Lipinski Visits Chicago Mack Dealership

 
U.S Rep. Dan Lipinski, D-Ill., (left) meets with Roger Coe, general manager of Chicago Mack in Summit, Ill., during a tour of the dealership.

U.S. Rep. Dan Lipinski (D-Ill.) recently visited Chicago Mack in Summit, Ill. Roger Coe, the dealership's general manager, hosted the visit that included a tour, employee meet and greet and a policy discussion. Topics included the recently introduced FET legislation, which Rep. Lipinski agreed to support. Other policy issues discussed were tax reform, LIFO repeal, higher costs of emissions and the increasing popularity of natural gas trucks. 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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Tonnage Rises 6.9% in August to All-Time High

American Trucking Associations' advanced seasonally adjusted tonnage reached another all-time record last month, rising 6.9% year-over-year to 126.9 as trucking activity continued to improve. The previous peak of the index was 125.9 in June. The year-over-year gain, the largest monthly rise since December 2011, pushed tonnage up 5% for the first eight months of the year. On a sequential basis, tonnage rose 1.4% in August, following a decline of 0.6% in July compared with June, when the previous record was set. “The strength in tonnage continued again in August, with the index increasing in three of the last four months,” ATA Chief Economist Bob Costello said in a statement. “The improvement corresponds with a solid gain in manufacturing output during August reported by the Federal Reserve last week.” Costello attributed the tonnage improvement to continued strength in several economic sectors that generate heavy freight — autos, energy production and housing.
Source: Transport Topics

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ATA Economist: Industry Faces Capacity Crunch

The trucking industry is looking at a severe capacity crunch in coming years with a variety of factors contributing to the situation, according to Bob Costello, chief economist of the American Trucking Associations. Speaking at TMW Systems' Transforum 2013 user conference in Anaheim Tuesday Costello said, “‘we are headed for a capacity problem. The industry is not adding much capacity today.” That makes sense, considering the recent downturn and slow growth. Looking at for-hire trucking, Costello said that about the same number of trucking firms added tractors as decreased tractors (39% to 37%) while 24% of fleets reported no change in their fleets. Some of the companies reporting no change have moved trucks to different work, from dry van to tank for example, but on the whole, the industry has added few trucks the last two years.
Source: Heavy Duty Trucking

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ATD Market Update With Chris Visser
Used Sleeper Pricing Resumes Record-Breaking Streak

After setting a new record every month from February through June, the retail price of an average sleeper tractor sold in 2013 finally pulled back fractionally in July. But upward movement resumed in August with a vengeance. The average retail selling price of a sleeper tractor in August was $54,090, which was $1,266 (or 2.3%) higher than June's record.

"The steadily increasing supply of 2010 model year trucks is largely responsible for the increase in average pricing," said Chris Visser, senior analyst for ATD-NADA Commercial Truck Guide. "
These trucks are nearing five years in service, which means we can expect to see more trade-ins in upcoming months."

Visser added that the marketplace is placing a premium on 2010 model year trucks mainly because they feature relatively low mileage, and also because the industry seems to be more comfortable with SCR. “We expect 2010's to make up a continually larger proportion of trucks in our sales database, with positive implications to the universal average,” he added. For real-time updates on market data, visit NADA's Commercial Vehicle Blog at www.nada.com/b2b.
Source: ATD-NADA Commercial Truck Guide

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Top Stories
Lt. Gen. Russel Honoré to Address ATD Convention in New Orleans
ATD / NADA Partners with Hiring Our Heroes to Support Veterans
U.S. Rep. Dan Lipinski Visits Chicago Mack Dealership
Tonnage Rises 6.9% in August to All-Time High
ATA Economist: Industry Faces Capacity Crunch
ATD Market Update With Chris Visser
Used Sleeper Pricing Resumes Record-Breaking Streak


 

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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.