GLG News by Truck Leasing Experts

Jay ThompsonPresident and General ManagerTransportation Business Associates

Carbon Taxes WILL Increase Truckers Fuel Costs With NO Upside

October 14, 2009

Analysis of:Carbon controls could hike fuel costs | fleetowner.com

If the proposed carbon taxes get implemented, the costs will be way more than being preached. Just ask Kyoto signatories who would like to get out of it now. As one who is active is fuel saving programs, SmartWay and carbon reduction, we need to keep it simple.

Jay ThompsonPresident and General ManagerTransportation Business Associates

Update: Mini-Truck Prebuy Continuing In September - Showing Up In All Classes

October 5, 2009

Analysis of:Truck Orders Continue to Rise | www.truckinginfo.com

Premier freight & truck sales forecasting firm FTR Associates is showing us North America Class 8 truck orders were 10,817 trucks - increasing month-to-month since May’s 7,400. As we noted a month ago, our financing work shows it’s more of a mini-prebuy in front of 2010-compliant engine full introduction.

Jay ThompsonPresident and General ManagerTransportation Business Associates

Paccar - Peterbilt Nashville Plant Closure Is More Bad News For UAW

October 2, 2009

Analysis of:Peterbilt to Shutter Nashville Assembly Plant | www.truckinginfo.com

Peterbilt Div. of Paccar, Inc. announced they will permanently close its Madison, TN plant (nearby Nashville). The Peterbilt United Auto Workers (UAW) job loss numbers there are miniscule when compared to that going on in the auto industry, but at least that work is remaining within the US borders.

Jay ThompsonPresident and General ManagerTransportation Business Associates

Mexico Cross-Border Trucking Small Visible Part Example Of Bigger Protectionism

September 25, 2009

Analysis of:Report: DOT official says no resolution to Mexico truck issue likely this year | www.thetrucker.com

There will be no decision on the Mexico cross border program until next year - according to the DOT official referenced in the source article. Of bigger concern to Congress are healthcare and highway debates, along with a needed energy policy, being green, et al - and probably followed by other protectionist issues.

Jay ThompsonPresident and General ManagerTransportation Business Associates

Navistar Without A Big Pre-2010 Cummins Stockpile Could Be A Problem

September 18, 2009

Analysis of:Navistar CEO Peppered With Questions About Truck Engines | www.nasdaq.com

The proposed US Environmental Protection Agency (EPA) rule limiting the number of pre-2010 Cummins engines that Navistar can stockpile has many asking what it means. From our perspective, it means problems for Navistar and Cummins. From a customer perspective with Navistar, there are the advanced-EGR questions, a 13 v. 15-Liter decision and then product performance. Then there is the question of what is next.

Jay ThompsonPresident and General ManagerTransportation Business Associates

Navistar Is Smart To Use “S-Word” (SCR) In Their Customer Discussions Now

September 14, 2009

Analysis of:Navistar calls SCR “viable technology” | fleetowner.com

In a recent Truck Rental and Leasing Assn. (TRALA) hosted Web presentation including selective catalytic reduction (SCR), Navistar rep Tim Shick was quoted as saying “We think SCR is a very viable technology. We can’t find anything negative about it.” He also reaffirmed Navistar’s current approach of being the sole exhaust gas recirculation EGR-only manufacturer going into 2010. This is a good move, since customers have been making their intentions better known - and it hasn’t been positive.

Jay ThompsonPresident and General ManagerTransportation Business Associates

The Mini-Truck Prebuy Is Here - Some Truckers Restocking Their Own Shelves A Bit

September 8, 2009

Analysis of:Truck Orders See Strongest Month Since November | www.truckinginfo.com

Eric Starks of FTR Associates is reporting an uptick in truck orders and attributes it to some buyers getting pre-2010 emission compliant engines. Having recently completed another summary around our work with financiers, it shows some the same, along with some how’s - and allows for an industry checkup from ground level.

Jay ThompsonPresident and General ManagerTransportation Business Associates

Ford’s New Pickup Diesel - Hang On For The Power & Perhaps The Introduction!

September 8, 2009

Analysis of:REPORT: Ford's 6.7L Power Stroke to put out 400 HP and 725 pound-feet | green.autoblog.com

Ford Motor Company recently announced specifics regarding their new diesel engine they developed in-house. It’s got a bunch of power, but a successful product is much more than a new cool design. Many of us are pulling for the only US non-government motors player, but some loyalists are going to hit the “wait-a-while” button to see how it goes - for potentially good reason.

Jay ThompsonPresident and General ManagerTransportation Business Associates

More California Truckers’ Road Ending In A Dead-End - Temperatures Are Rising!

September 2, 2009

Analysis of:California port truckers face deadline | www.etrucker.com

My friend Todd Dills wrote in the referenced CCJ article about how the fast-coming emissions regulations at the Los Angeles and Long Beach Ports will be enforced. There are the steep costs of equipment and noncompliance fines, but the real story involves the effect on small businesses and real people. Tempers and temperatures are rising - and it’s not from global warming. It is getting uglier at ground level.

Jay ThompsonPresident and General ManagerTransportation Business Associates

Teamsters: YRC Worldwide Says There Are No Buyers For Regional New Penn

August 25, 2009

Analysis of:Teamsters: YRC gets little interest in New Penn | kansascity.bizjournals.com

In the referenced article, the Teamsters Union has told members that YRC Worldwide has been exploring the sale of Northeast Regional New Penn - their only profitable YRC division. Whether it’s a tactic to get the New Penn Teamsters to accept pays cuts or to really try to sell it (or both), it’s not a good omen.

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