Tuesday June 01 2010

Resources

Truck-Lite Hires over 200 Employees to Handle Business Growth

Falconer, New York - Truck-Lite has hired over 100 new direct, full-time employees and more than 100 temporary employees at its Pennsylvania and New York operating facilities since the beginning of the year. The Company is continuing to recruit for a variety of manufacturing and office professional positions and expects to fill another 70 to 100 positions within the next few months.

Oshkosh Changes Presidents in Two of Its Business Segments

OSHKOSH, Wis. - Oshkosh Corporation, a leading manufacturer of access equipment, specialty vehicles and vehicle bodies, today announces changes to its leadership teams in two of its business segments - Access Equipment and Fire & Emergency.

Wilson Jones has been named executive vice president and president of the corporation's Access Equipment segment, replacing Craig Paylor, who is retiring. Wilson Jones will assume the position on July 1, 2010. Craig Paylor has been executive vice president and president of the Access Equipment segment since 2007. He also served as president of JLG Industries, which was acquired by Oshkosh in 2006. Under Craig Paylor's leadership, JLG has grown internationally as the leader in the access equipment market with operations around the world.

US Dept of Energy Requests Member’s Usage of Rare Earth Elements for Study

AIAG, the Automotive Industry Action Group, distributed the message below to help the Department of Energy attain information on Rare Earth Metals and their use in the automotive industry. AIAG asked us to share this message and information with our members and to encourage them to respond to the DOE.

DOT HD Truck Study Identifies Possible Fuel Efficiency Strategies

A new Department of Transportation study hints that the Obama administration’s ambitious plans to increase heavy truck fuel efficiency and reduce greenhouse gases emissions will likely rely on a combination of existing aerodynamic design technologies and future diesel engine modifications that have barely left the laboratory or are still under development.

Used Truck Registrations Boom 54 Percent YoY as New Class 8 Sales Increase

U.S. registrations of used Class 8 trucks jumped to 69,474 vehicles in the first quarter of the year, nearly 54 percent more than the same period in 2009, R.L. Polk & Co. said.

Dealers attributed the growth to a rapid increase in freight demand, which is encouraging larger fleets to purchase new trucks and to sell their used equipment to other carriers.

“There seems to be an increase in freight demand, and end users are confident that the trend will continue and are buying trucks in order to handle this,” Marty Crawford, senior account manager of Arrow Truck Sales, Kansas City, Mo., one of the major wholesalers and retailers of used trucks in the country, told Transport Topics.

Marmon Highway Technology's Dier: R&D Paves the Way to Innovation

BIRMINGHAM. At an all-day news conference here this week, Kelly Dier, president of Marmon Highway Technologies (MHT) outlined how the firm’s investment of over $25 million in research and development (R&D) since 2003 enabled its 13 companies to develop and introduce--- from last year into this year-- a wide range of new products and solutions. Dier said the total R&D investment equates to a quadrupling of MHT’s previous annual R&D expenditures.

Rush Enterprises Acquires Lake City International, 11 Navistar Locations

SAN ANTONIO, TX -- Rush Enterprises, Inc. (NASDAQ: RUSHA and RUSHB), which operates the largest network of commercial vehicle dealerships in North America and two John Deere construction equipment dealerships in southeast Texas, today announced that it has acquired certain assets of Lake City Companies, LLC and certain of its subsidiaries and affiliates (collectively, "Lake City International"), which operates a commercial truck and bus sales, service, parts, finance and leasing business representing multiple brands, including International, IC Bus, Autocar, Mitsubishi Fuso, Kalmar, Workhorse, and Idealease truck leasing.

Truck Efficiency Standards Due by 2014 - President Says 25 Percent Reduction Possible

President Barack Obama Friday directed the Department of Transportation and Environmental Protection Agency to develop standards for medium- and heavy-duty commercial trucks to improve fuel efficiency and reduce greenhouse gas emissions.

The standards will take effect with 2014 model-year trucks.

Remy Finalizes US$60m Department of Energy Grant for HVH Hybrid Product

Remy International has finalized terms of a US$60.2m grant from the US Department of Energy that, the company said, will allow it to accelerate standardization and commercialization of its HVH electric motor technology.

Remy, the largest independent North American manufacturer of electric motors for hybrid and electric vehicles, was nominated for the grant in August 2009 as part of the American Recovery and Reinvestment Act (ARRA) and received conditional approval in December 2009.

Truck Tonnage Surges 9.4 Percent - Biggest Gain since January 2005

Truck tonnage surged 7.5 percent in April from a year ago, the fifth straight year-to-year increase and the largest gain in more than five years, American Trucking Associations said Friday.

Tonnage has risen 6 percent this year compared with the same period in 2009, ATA said in its monthly seasonally adjusted for-hire truck tonnage index.

ACT: Trailer Orders Dip in April from Past Growth Trend

April commercial trailer net orders fell from stronger levels in the past few months, dropping 13 percent from March, according to ACT Research Co.

The April net orders were 3 percent above the prior year level and year-to-date growth in net orders through April is 72 percent.

US DOT Motor Carrier Safety Assistance Program (MCSAP) High Priority Grant Funding

Federal Motor Carrier Safety Administration Solicitation of Applications for Fiscal Year (FY) 2010 Motor carrier Safety Assistance Program (MCSAP) High Priority Grant Funding

AGENCY: Federal Motor Carrier Safety Administration (FMCSA), DOT.

ACTION: Notice.

SUMMARY: FMCSA announces that on May 21 it published an opportunity to apply for FY 2010 MCSAP High Priority grant funding on the grants.gov Web site (http://www.grants.gov).

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