ATD Insider | A service of the American Truck Dealers and the Public Affairs Group of the National Automobile Dealers Association
March 5, 2014
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Top Stories In This Issue
February Class 8 Orders Jump 30.2%

New Class 8 truck orders climbed 30.2% in February from a year ago, continuing the trend of strong order activity driven by tight freight capacity and growing confidence in the economy, ACT Research Co. said. February's preliminary net order total of 29,200 units was “well above expectations” and fell just short of hitting the 30,000 mark for a third consecutive month, ACT Vice President Steve Tam said. Last month's total was well above the 22,432 orders placed in February 2013 but down 15.5% from January's tally of 34,558, which was the largest monthly figure since April 2011. Manufacturers received 31,697 orders in December.
Source: Transport Topics

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Fuel Economy Mandates May Affect Used Truck Pricing

Trucks designed to meet 2011 emissions standards are just now hitting the streets, but last week President Barack Obama will order the Environmental Protection Agency and the Department of Transportation to produce a rule by March 2015 to once again tighten fuel efficiency standards and greenhouse gas emissions standards. “Truck and engine OEM's stated that the initial 2014 economy and emissions levels are relatively easy to meet with minor tweaks to current engine technologies,” says NADA Senior Analyst Chris Visser. “As the mandate progresses towards 2018 with increased efficiency requirements, additional technology involving the truck itself and probably the trailer will be required.” Any new rule would go into effect March 2016, per the White House announcement, and will build upon the first-ever fuel efficiency standards for heavy-duty trucks implemented for 2014-2018 model trucks. These technologies don't come cheap. The price of a new truck has increased dramatically with each recent emissions mandate, and Visser says any upcoming enhancements will likely do the same. In fact, it is likely that costs will increase to an even greater degree due to the need to develop new body and chassis technologies,” he says.
Source: Successful Dealer

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Truck Designs, Equipment Affect Spec'ing Options

The days of spec'ing a truck based on engine size and gross vehicle weight are long over, fleet and manufacturing executives said, as trucks have grown more complex and drivers have become more demanding. In particular, they said, the addition of selective catalytic reduction emissions systems has affected the space available to install service bodies, while the need to attract and retain drivers has compelled increased consideration of in-cab comfort and convenience. Luckily for fleet managers, increasingly capable tools for spec'ing chassis and cooperation between truck and body makers are making the job easier. And it's more important than ever to pay attention to detail, said Larry Maready, assistant state equipment manager for the Virginia Department of Transportation.
Source: Truck Fleet Management

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Trucking Acquisitions Likely to Continue at Strong Pace in 2014, Executives Say

Trucking industry acquisitions will continue in 2014 at the stepped-up pace that was seen last year, eight industry leaders said. Those speakers at the Stifel Nicolaus conference [in Manalapan, Fla.] on Feb. 11-12 included potential buyers CRST International and Knight Transportation. In addition, active buyers such as Roadrunner Transport Systems and Celadon Group emphasized additional acquisitions. “We have $300 million gathering dust,” to back acquisitions, said David Jackson, president of Knight Transportation, referring to available cash and credit sources. “We have been a little public in our effort,” said Jackson, whose company last year tried to buy. “That has sparked a lot of interest. There might be a line of buyers out there. There may be a window of opportunity for someone to sell.” Last year's high-profile acquisitions included Heartland Express buying Gordon Trucking Inc. “Fragmented industry sectors will continue to consolidate,” Stifel Nicolaus analyst John Larkin told Transport Topics, citing truckload and brokerage. “Economies of purchasing scale, federal safety, fuel efficiency, emissions regulations, and the evolution of modern transportation management systems have combined to make it difficult for many smaller players to survive, much less prosper,” Larkin said.
Source: Transport Topics

 

 

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NADA Names Jonathan Collegio as New Head of Public Affairs

Award-winning public affairs executive to run NADA’s communications and marketing efforts starting March 21


Jonathan Collegio

Jonathan Collegio was named vice president of public affairs for the National Automobile Dealers Association. Collegio will report to NADA President Peter Welch, and is responsible for the organization's communications and marketing efforts. “NADA is working to take our communications efforts to the next level, and hiring Jonathan Collegio to run our public affairs division is a great step forward,” said Welch. “Collegio is one of the sharpest, most well-regarded and well-connected public affairs and communications executives in the country, and we are excited to have him join our team.” Collegio, who was named Public Affairs Executive of the Year by PR News in 2009, has extensive experience in public affairs spanning both political and corporate work. He starts at NADA on March 21. “America’s new-car and -truck dealers are the most entrepreneurial and hard-working business owners in the country,” said Collegio. “Their products keep America moving; their good-paying jobs propel local economies, and it is an honor to advocate on their behalf.” Since 2010, Collegio has served as communications director for American Crossroads in Washington, D.C.
Source: NADAFrontPage.com

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Top Stories
February Class 8 Orders Jump 30.2%
Fuel Economy Mandates May Affect Used Truck Pricing
Truck Designs, Equipment Affect Spec'ing Options
Trucking Acquisitions Likely to Continue at Strong Pace in 2014, Executives Say
NADA Names Jonathan Collegio as New Head of Public Affairs

 

ATD-NADA University Workshops To Go

Workshops from the 2014 ATD-NADA Convention & Expo are now available for purchase. Click here for more information and pricing.


Video: Dealer Goes the Extra Mile to Attend ATD Convention (NADA-TV)

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