Monday March 30 2009

Resources

NAS Assessment of Fuel Economy Technologies for Medium and Heavy Duty Vehicles

The National Academies of Science Committee for Assessment of Fuel Economy Technologies for Medium and Heavy Duty Vehicleswill meet in Detroit area next week on April 7-8, 2009 at the Hyatt Regency Dearborn. Meetings are open to public, but can only observe. If you’re interested in attending, you must register.

Parts Suppliers Plan Sixth Annual Legislative Summit:

The Motor & Equipment Manufacturers Association (MEMA) will honor Rep. Sander Levin (D-Mich.) as the 2009 recipient of the Joseph M. Magliochetti Industry Champion award. The award will be presented during MEMA's annual Legislative Summit in Washington, D.C. on April 30. All AASA, HDMA and OESA members are strongly encouraged to send representatives to this important industry event.

Diesel Technology Forum to Host Free Webinar

The Diesel Technology Forum announced it will host a free webinar on April 9 from 2:00-3:30 p.m. (ET). The focus of the webinar is the new generation of clean ultra-low sulfur diesel (ULSD) fuel, which was introduced in 2006. ULSD now fuels the majority of all highway vehicles and has enabled a new generation of fuel efficient, low-CO2 clean diesel vehicle choices for consumers.

MEMA Database Provides Details on Federal Business Services

MEMA has identified more than 200 federal programs that provide services to support the business sector, several of which provide services specifically to small businesses engaged in manufacturing while others target manufacturers regardless of their size.

Some of the programs provide primarily non-financial technical assistance to help firms improve the efficiency of their manufacturing operations and their quality control processes as well as to solve specific manufacturing problems.

US Durable Goods Orders Unexpectedly Rise 3.4 Percent

Bloomberg News (3/25, Schlisserman) reported orders for US durable goods unexpectedly rose in February, a 3.4 percent increase, "the biggest gain in more than a year and the first in seven months." The gains "followed a 7.3 percent decrease in January," on a rebound in demand for machinery, computers and defense equipment. This increase "combined with reports showing improvements in retail sales, residential construction and home resales," indicate that "the economy is stabilizing after shrinking last quarter at the fastest pace in a quarter century." Stephen Gallagher, chief US economist at Societe Generale in New York, said, "It's not going to be downhill forever. Once businesses achieve a reduction in their inventories they will pick up their new orders and production."

Navistar’s CEO: Trucking Key to Economy

Trucking is at the heart of our nation’s economy and is key to our economic turnaround, Dan Ustian, chairman, president and CEO, Navistar International Corp., told attendees at the Heavy Duty Manufacturers Association Breakfast & Briefing last Friday. The breakfast is held annually during the Mid-America Trucking Show.

While headlines focus on what’s wrong with the economy – the housing market, credit crisis, unemployment, consumer spending – “What’s missing is truckers,” he said. “Who knows better the state of the economy?”

US Government Grants–Batteries and Components & Transportation Electrification

Last week, MEMA reported that competitive solicitation for up to $2 billion in federal funding manufacturing of advanced batteries and related drive components was opened for applications. Separate funding for transportation electrification – $400 million – was also launched. The funding was part of the recently passed American Recovery and Reinvestment Act. The deadline for the battery and component manufacturing grant is May 19, 2009; the transportation electrification grant is May 13, 2009.

FedEx May Scrub $7.7 Bn Order for New Jets over EFCA

Company Cites Concern over EFCA Unionizing Bill

FedEx Corp. said it may not go through with a $7.7 billion purchase of 30 new jet planes for air freight if federal law is changed to make it easier for its employees to join a union, Bloomberg reported.

The company in January exercised an option to buy 15 Boeing 777 planes over the next 10 years and said in regulatory filing Friday that it obtained another option for an additional 15, Bloomberg said

Motor Vehicle Parts Suppliers to Receive Financial Assistance

The new Auto Supplier Support Program announced last week by the U.S. Department of the Treasury will provide up to $5 billion in financing to vehicle parts manufacturers, “giving suppliers the confidence they need to continue shipping parts, pay their employees and continue their operations,” according to the government agency.

Reacting to the announcement, MEMA President Bob McKenna said, “This is a tremendous step toward stabilizing the supply base, which will benefit the domestic automotive manufacturing industry.”

Caterpillar Reduces Workforce by 2,400+

Caterpillar Inc. said Tuesday it will lay off more than 2,400 employees at five plants in three states as the heavy equipment maker continues to cut costs amid the economic downturn, the Associated Press reported.

The reductions will be at plants in Illinois, Indiana and Georgia. Caterpillar said in January that it will ultimately eliminate 20,000 positions worldwide.

Zero-Emission Trucks to be Assembled in Kansas City

Smith Electric Vehicles plans to assemble all-electric zero-emission commercial vehicles in Kansas City, Mo.

The new assembly plant will be located at a portion of an airline overhaul base at Kansas City International (KCI) Airport. Production of the first zero-emission commercial trucks is scheduled to begin third quarter of 2009.

Smith will initially focus its production on battery-electric-powered vehicles for depot-based predictable-route delivery fleets.

Truck Tonnage Rises from Jan. Levels, Feb. Volume Trails Year-Ago

Truck tonnage in February dropped 9.2 percent from year-ago levels, but inched up 1.7 percent from the low totals in January, American Trucking Associations reported last week.

That news, coupled with improvement in a few other economic in-dicators, inspired some business executives and economists to ponder whether the economy and freight volumes have hit bottom.

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