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Industry Update
DOVER CORP SELLS HEIL TRAILER
Heil Trailer International, a global manufacturer of cargo tank and specialty trailers, has been sold to American Industrial Partners, a middle-market private equity firm.
The deal is valued at approximately $220 million.
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CLASS 8 NET ORDERS HIT SECOND-HIGHEST MARK IN THREE YEARS: FTR
December Class 8 truck total net orders for all major North American OEMs reached the second highest level in three years at 29,777 units, according to preliminary data released by FTR Associates. December orders were up 46% month over month, with a year-over-year increase from December 2011 of 11%.
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Welcome to Maxon's most exciting year for new product introductions. In April of 2012, Maxon launches the first dual-cylinder, direct drive gate for medium-duty trucks: the DMD. The end result is a gate with increased reliability, additional capacity and smoother operation than any other competitor model. Later in 2012, Maxon will also introduce the TE-33 model. The newest addition to our Tuk-A-Way line boasts 3,300 lb. lifting capacity, bolt-on extension plates and steps. You get heavy-duty capability but without the heavy-duty price tag. For more information on our new products, stop by booth #1431 at the NTEA Work Truck Show in early March or visit us online at www.maxonlift.com/2012.
GODWIN'S SNOWPLOW OPERATION TAKING OFF
Since purchasing Good Roads and moving snowplow operation to its facility in Dunn, N.C., the Godwin Group has watched snowplows take off. Godwin has manufactured and delivered over 300 snowplows in the first 90 days of production, and is on track to match Good roads’ best year in snowplow production in the first six months of operation, based on purchase orders already in hand.
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ACCURIDE BOOSTS ALUMINUM TRUCK WHEEL CAPACITY
Accuride Corporation has executed a $35 million strategic initiative that will significantly enhance its aluminum wheel production capacity through a combination of strategic acquisitions, key process technology investments, and transfers of aluminum wheel machining lines within its operations.
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The Work Truck Show® 2012, March 6-8, Indianapolis
North America's largest work truck event features the newest industry products among 500,000 square feet of vocational trucks, equipment and services from more than 550 exhibiting companies. The Work Truck Show also offers over 60 educational programs ranging from technical support to market data and more. Register Now! Call 1-800-441-6832 or visit NTEA.com.
DECEMBER CLASS 8 NET ORDERS HIGHER THAN EXPECTED: ACT
North American Class 8 preliminary net orders for December were slightly higher than expected, as reported by ACT Research Co., LLC (ACT). The final numbers, which will be released mid-January, will approach 30,100 units for Class 8 trucks and 13,300 for Class 5-7 vehicles.
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LIGHT VEHICLE SALES TO GROW GLOBALLY IN 2012
Worldwide sales of light vehicles are expected to grow this year, albeit slowly, and amid concern that Europe’s sovereign debt issue could derail everything. Polk projects that worldwide sales of new light vehicles this year should rise 6.7% over 2011 volumes to 77.7 million vehicles, with gains anticipated in all global regions except Europe.
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Don't let mechanical fastening methods weigh you down. LORD Maxlok™ adhesives offer superior performance along with reductions in stress points, leaks, corrosion and weight ... Ask Us How. For more information contact us at www.lord.com or call +1 877 ASK LORD (275 5673).
ONE MILLION BENDIX ABS-6 BRAKING SYSTEMS NOW ON THE ROAD
Bendix Commercial Vehicle Systems LLC recently marked a major milestone with delivery of its millionth Bendix ABS-6 braking system, which is installed on Class 6, 7 and 8 air-brake tractor-trailers, trucks, motorcoaches and specialty heavy-duty vehicles.
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CHRYSLER PROVIDING DTE ENERGY WITH TEST FLEET OF PHEV RAM 1500S
Chrysler Group LLC, working in partnership with the U.S. Department of Energy (DOE), will deliver 10 demonstration fleet Ram 1500 plug-in hybrid electric vehicle (PHEV) pickup trucks to DTE Energy of Detroit. The PHEV Ram 1500 pickups, delivered by Abdullah Bazzi, senior manager of the Chrysler Group's advanced hybrid vehicle project, are part of a national demonstration fleet of 140 vehicles that will be used during the next three years to evaluate customer usage, drive cycles, charging, thermal management, fuel economy, emissions and impact on the region's electric grid.
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The New MTA25 and MTA30 Join The Meritor Trailer Suspension Family
Meritor® Trailing Arm trailer suspensions deliver unmatched durability for demanding vocational applications. Like our MTA23, the new MTA25 and MTA30 feature patented technology including a long-life pivot bushing, advanced axle wrap weld design and high damping heavy-duty shock absorbers. All MTA models offer optional lift kits. For more, visit MeritorTrailerSuspensions.com.
YOKOHAMA RAISES PRICES 8% ON COMMERCIAL TIRES
Yokohama Tire Corporation will implement a price increase of up to 8% on all of its commercial truck tires in the U.S., effective February 1. There will be in-line adjustments that will be announced at a later date.
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MANUFACTURING TECHNOLOGY DEMAND STRONG IN 2011
U.S. manufacturing technology orders in 2011 were $463.32 million as of October figures, which is up 80.5% compared with 2010 and is the second-highest dollar amount in the last 15 years.
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Customer Corner
CARRIERS' RATE EXPECTATIONS PLUNGE
Carriers' rate expectations have fallen considerably, potentially to levels for which margins will be down year-over-year
in 2012, according to a Trucking Trends survey, in which Jefferies & Co. partnered with Fleet Owner magazine to survey trucking industry expectations.
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FTR'S TRUCKING CONDITIONS INDEX RISES
FTR’s Trucking Conditions Index, as reported in the January 2012 Trucking Update, increased by almost two points from the previous month to a reading of 5.2 in November. The TCI has now been in positive territory for over a year. The environment for truckers remains modestly favorable with decent growth, capacity and pricing conditions.
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HEIL CHOSEN BY BIG TRUCK RENTAL FOR REFUSE RENTAL FLEET
Big Truck Rental of Tampa, Florida, has chosen Heil Environmental to be the new single provider for its nationwide fleet of refuse rental equipment.
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TBB Print Preview
Coming soon in Trailer/Body Builders:
NATM heads to Lone Star State: But the eyes of Texas are upon Canada, as the organization works to help NATM members that export trailers to Canada and are experiencing difficulties with the Canadian pre-certification clearance.
Fabricating new models: Robots and lasers help light- and medium-duty trailer manufacturer produce a new line of semitrailers.
Selecting a MIG gun: It’s not just about striking an arc. It’s about striking a balance between cost and performance.
What’s new in plant equipment: A record crowd at Fabtech International finds new products that improves quality, productivity, and efficiency.
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