For optimal viewing through your web browser or PDA, click here.

ATD Insider | A service of the American Truck Dealers and the Public Affairs Group of the National Automobile Dealers Association
August 9, 2017

ABOUT | JOIN | ATD SHOW | CONTACT ATD

 
Top Stories In This Issue
ATD and Trucking Industry Re-Define the Dog Days of Summer
By Steve Parker, August 2017


This month, many states are extending their “tax-free weekend” to consumers in preparation for the back-to-school flurry. Virginia just had its tax-free day and my own home state of Maryland is scheduled next week. As we squeeze the last remnants out of the dog days of summer, ATD salutes the trucking industry, which has not missed a beat all season.

As I drove into work, I passed by many commercial trucks sent out to different destinations with goods that will stock grocery shelves and school supplies to much more. During my weekend drives, I’ve seen carriers full of vehicles destined to arrive at dealer lots. And I’m most accustomed to seeing the vocational trucks at job sites—like the ones at my lot—filled with brick-and-mortar that is critical to construction.

How do these consumer goods reach millions of people? Through trucks and the great dealers who sell them.

American commerce kept moving this summer, in part, because of U.S. truck dealers—thousands of passionate men and women—most of whom ATD proudly represents. I have had the privilege of meeting many of you throughout my tenure with ATD, and I can say for certain that the road from factory to consumers starts with you. Dealers are responsible for selling the trucks that ship goods and items for purchase. Additionally, there are more than 30 million registered commercial trucks in the U.S.—so it's no wonder that we all pass a truck at some point in the week during our daily commute or travel. Our amazing industry produces an estimated revenue of $700 billion, making the tax-free weekend just a small piece of the pie.

I’d like to remind our members to take advantage of company events and leisure activities before the fall season. Here at ATD/NADA, for example, our staff and leadership will soon enjoy a company picnic. Aside from that, the biggest morale booster is partaking in an employee-appreciation day or honoring some of the best and brightest in your organization. Finally, no matter how busy we get with the demands of our business, there’s always time to have an employee retreat so they can recharge their minds and bodies.

While we hit some rough patches on the retail side earlier this year, I’m pleased to report that nearly 80 percent of people surveyed throughout the truck industry believe business conditions will improve over the next six months, according to the June 2017 CCJ MarketPulse survey. In fact, about 88 percent of respondents from large fleets expect conditions to improve compared to 60 percent of respondents from smaller fleets. The conditions for our future are bright, and I salute all the passionate dealers who are working extremely hard this year—many of whom have yet to take a summer day off.

Since ATD was created in the early 1970s to advocate for and protect franchised truck dealers across the nation, this association pledges to work just as hard as our members—no matter the season. And as I sit in my office and look out the window, I see another large commercial truck rumbling past my own dealership, an embodiment of the non-stop commerce and trade of our industry … and I am certain the truck dealers of America have re-defined the dog days of summer.

Parker is chairman of ATD, a division of NADA in Tysons, Va., which represents 1,800 heavy- and medium-duty truck dealerships. He is president of Baltimore Potomac Truck Centers in Linthicum, Md., which operates five full-service commercial truck dealership locations with Mack, Volvo and Hino Trucks franchises in Maryland and Virginia.

Return to Top

ATD Legislative Call-to-Action: Ask U.S. House Members to Cosponsor H.R. 2946

Congressional support needed to repeal FET on heavy-duty truck sales
 
With Congress now in recess through the Labor Day holiday, the American Truck Dealers (ATD) has issued a call-to-action to its 1,800 members across the country.
 
ATD is urging commercial truck dealers to contact their U.S. House members while they are in their home districts and rally support for H.R. 2946, a bill that would repeal the federal excise tax (FET) on the retail sale of most heavy-duty trucks, tractors and trailers.
 
“Congressional recesses are the perfect time for truck dealers to meet face-to-face with their House members at their district offices or invite them to the dealership,” said ATD Chairman Steve Parker. “Comprehensive tax reform will be one of the main focuses for Congress this fall, and the FET repeal will likely be part of the tax reform bill.”

The bill, “Heavy Truck, Tractor and Trailer Retail Federal Excise Tax Repeal Act of 2017,” which was introduced by U.S. Rep. Doug LaMalfa (R-Calif.) on June 20, has a growing list of cosponsors. The bill became bipartisan with the addition of Rep. Tim Walz (D-Minn.) agreeing to support it. 

H.R. 2946 currently has 11 cosponsors, including Rep. Ralph Lee Abraham (R-La.), Rep. Vern Buchanan (R-Fla.), Rep. Ted Budd (R-N.C.), Rep. Matt Gaetz (R-Fla.), Rep. Mike Gallagher (R-Wis.), Rep. Gregg Harper (R-Miss.), Rep. Clay Higgins (R-La.), Rep. Francis Rooney (R-Fla.), Rep. Lloyd Smucker (R-Pa.), and Rep. Roger Williams (R-Texas). (ATD’s legislative affairs office is encouraging truck dealers to contact the current cosponsors of H.R. 2946 and thank them for their support.)

The 12-percent federal excise tax, which adds $12,000 to $22,000 to the price of a new heavy-duty truck, is the highest percentage rate of any federal excise tax that Congress levies.

“Since the FET is based on annual sales, which can vary greatly, the tax also fails to provide certainty to the Highway Trust Fund,” added Parker, president of Baltimore Potomac Truck Centers in Linthicum, Md., which operates five full-service commercial truck dealership locations with Mack, Volvo and Hino Trucks franchises in Maryland and Virginia. “Congress should repeal this 100 year-old-tax and consider a more reliable and consistent revenue mechanism to fund the Highway Trust Fund.”
 
In addition to ATD, other trade organizations that have endorsed H.R. 2946 include NTEA – The Association for the Work Truck Industry, Truck and Engine Manufacturers Association, and the Truck Renting and Leasing Association (TRALA).

Click here for ATD’s issue brief on the FET repeal. Click here for the bill language.

To contact your U.S. House member, visit www.house.gov and enter your zip code, or call the U.S. Capitol Switchboard at 202.225.3121.

Truck dealers who are interested in hosting a member of Congress at their dealership or meeting at a legislator’s district office during the current congressional recess can contact Patrick Calpin, ATD/NADA director of grassroots advocacy, at pcalpin@nada.org or call 202.547.5500.

For additional information or to offer feedback from meetings with your member of Congress, contact Laura Perrotta, senior director of ATD/NADA legislative affairs, at lperrotta@nada.org or call 202.547.5500.
Source: ATD/NADA

Return to Top

Class 8 Orders Rise, Medium-Duty Market Slips in July

FTR and ACT Research this week reported preliminary Class 8 truck orders rose last month, with FTR charting the market at 18,300 units, a 5 percent month-over-month improvement, and ACT Research showing a 4 percent month-over-month gain. Looking at the Classes 5 to 8 markets as a whole, ACT Research says orders were lower month over month, but a 33 percent increase from last year highlights the significant improvement in demand that has occurred over the past 12 months.
Source: Successful Dealer

Return to Top

Consumer Goods, Housing Stable, Expected to Expand in Economy, Analysts Predict at Seminar

The consumer goods and housing sectors of the U.S. economy are on stable footing and should continue to expand moderately through at least 2018, as long as the nation can avoid self-manufactured traps, according to panelists at a trucking industry seminar on the economy. That is some of what a group of economists for trade associations told trucking executives about the state of their industries on July 20 at the inaugural American Trucking Associations Economic Summit.

Steven Szakaly [chief economist] of the National Automobile Dealers Association and Danielle Hale of the National Association of Realtors said in their respective remarks that millennials will ultimately adopt preferences similar to older Americans. People born in the 1980s and ’90s have been caricatured as car-disdaining residents of small, urban apartments or their parents’ basements, but Hale and Szakaly said biology and demography should take hold around 2020 and the millennials will get married, start families, buy cars, move to the suburbs and buy single-family homes.

NADA’s Szakaly titled his remarks on the automotive sector, “2017 — Sort of OK.” After sales of U.S. light vehicles set a record of 17.5 million units last year, Szakaly said he expects sales to decline to 16.7 million units in 2020. It’s a decrease, but it is far better than the 2010 low point of 10.4 million vehicles. Having a job and income are necessary for buying a car, but a big incentive to do so is having a child or a second child, Szakaly said, adding that he expects 2020 will see sales gains from car-buying millennials.
Source: Transport Topics


Return to Top

Used-Truck Sales Up 17% in June as Inventories of Newer, Cheaper, Lower-Mileage Vehicles Grow

Sales of used heavy-duty trucks rose 17% in June as the average previously owned Class 8 truck was newer, had fewer miles and cost less than a year earlier, but concerns over excessive inventory levels remain, experts said. Sales climbed to 3,495, compared with 2,990 a year earlier, ACT Research Co. reported, based on its sample of dealers, wholesalers and auctioneers as well as a few large fleets who consistently report.
Source: Transport Topics

Advertisement

 

Return to Top

Wabash National Acquiring Truck Body Maker Supreme

Wabash National Corporation has agreed to acquire truck body builder Supreme Industries, Inc., the companies announced Tuesday night. Under the terms of the deal, Wabash National will acquire all outstanding shares of Supreme in a cash tender offer for $21 per share – a value of $364 million. Both companies are based in Indiana but Supreme – the second largest U.S. manufacturer of truck bodies – primarily manufactures light- and medium-duty bodies at seven U.S. facilities.
Source: Commercial Carrier Journal


Return to Top

Working Smarter and Harder: Metal 3D-Printed Parts for Trucks

As 3D printing technology continues to find real-world applications in automotive and trucking, Mercedes-Benz Trucks has opened new possibilities with an announcement yesterday that it's now printing metal spare and replacement parts. 3D printing — especially if it can use and produce items from a wider range of materials — can offer a better way to provide spare parts and faster service for older model vehicles.
Source: Fleet Owner


Return to Top

No Cab? No Driver? No Problem

A Swedish automotive startup has unveiled a peek at the future of autonomous trucking-- as of right now. On July 4, Einride rolled out its new T Pod concept truck during the Almedalsveckan Week event in Visby, Sweden. The new truck is a 23-foot long, 4,000-pound straight truck capable of hauling 15 pallets worth of cargo in urban delivery applications.
Source: TruckingInfo.com


Return to Top

Top Stories
ATD and Trucking Industry Re-Define the Dog Days of Summer
ATD Legislative Call-to-Action: Ask U.S. House Members to Cosponsor H.R. 2946
Class 8 Orders Rise, Medium-Duty Market Slips in July
Consumer Goods, Housing Stable, Expected to Expand in Economy, Analysts Predict at Seminar
Used-Truck Sales Up 17% in June as Inventories of Newer, Cheaper, Lower-Mileage Vehicles Grow
Wabash National Acquiring Truck Body Maker Supreme
Working Smarter and Harder: Metal 3D-Printed Parts for Trucks
No Cab? No Driver? No Problem







Newsletter Tools
Forward to a friend
Search Back Issues
Manage Your Subscription
Subscribe
Print Newsletter
RSS Feed
 
For more info, visit 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 ATD or NADA products and services. Questions or comments concerning ATD Insider content may be directed to publicaffairs@nada.org. To unsubscribe from future editions of ATD Insider, click here or contact ATD, 8400 Westpark Drive, Tyson, VA 22102.