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How Will New Lease Accounting Standards Affect Fleets?

Sponsored by Merchants Fleet Management

New accounting standards for reporting lease transactions take effect after December 15, 2018 for public companies and December 2019 for private businesses. As a result, many organizations with fleets of vehicles are trying to figure out how these new rules will impact them moving forward.

The Cummins Westport ISX12 G natural gas engine is a larger-displacement natural gas engine suitable for a variety of heavy-duty vehicles, including regional-haul truck/tractor, vocational, and refuse applications. (Photo courtesy of Cummins, Inc.)

Fleet Now Operating Zero-Emissions Natural Gas Engine

Total Transportation Services, Inc. (TTSI), a drayage trucking company in the ports of Los Angeles and Long Beach, Calif., has begun using one of the first Cummins Westport (CWI) ISX12 G low-NOx natural gas engines for its trucking operations.

Navistar Expands OnCommand Connect Capabilities

Navistar unveiled three new OnCommand Connect Telematics offerings at the Mid-America Truck Show today, including its new, OnCommand Connection Telematics.

Photo: Allison Transmission

Allison TC10 Available for Kenworth, Peterbilt Trucks Later this Year

Allison Transmissions has announced that its TC10 transmission will be available from Paccar later this year in the Kenworth T680 and T880, and Peterbilt 567 and 579 truck models.

Peterbilt Sets Dealer Growth Record, Completes Denton Plant Expansion

Completion of a plant expansion at the company's Denton, Texas manufacturing plant will improve manufacturing efficiency an help feed a record 93 new dealer locations, added since 2013.

Infographic courtesy of PG&E

PG&E Reaps the Rewards of Fleet Electrification

San Francisco-based Pacific Gas & Electric Company (PG&E) unveiled the environmental benefits and cost-savings from its fleet electrification efforts.

Photo: Kenworth

Kenworth Makes Bendix Wingman Advanced Standard for T680

Ahead of the upcoming Mid-America Trucking Show, Kenworth has announced that the Bendix Wingman Advanced collision mitigation system will be standard on the T680, beginning July 1.

Stacey Snyder, conversion specialist from Alliance AutoGas, in Asheville, N.C., performing the live conversion. (PHOTO: ALLIANCE AUTOGAS)

Alliance AutoGas Beats Conversion Record

Alliance AutoGas conversion specialists upfitted a 2017 Ford F-250 live, in the record-setting time of 1:21:00, at the recent Work Truck Show in Indianapolis.

Roger Nielsen Photo: DTNA

Daimler Trucks North America Names New President and CEO

Roger Nielsen has been named president and chief executive officer of Daimler Trucks North America and its affiliated companies Freightliner, Western Star, Thomas Built Buses and Freightliner Customer Chassis Corporation.

Earnings Watch: FedEx Reports Mixed Earnings

FedEx Corp. on Tuesday reported increased net earnings in its most recent quarter, but it missed Wall Street expectations.

eDriving Fleet Offers Driver Training Program

Driver training provider eDriving Fleet will offer its RoadRisk Plus driving training and risk reduction program to a variety of fleets in late 2017, the company has announced.

Logos courtesy of Nissan.

Nissan Promotes Three Commercial Managers

Nissan has promoted three senior managers in its commercial vehicle sales operation, and added new responsibilities for Fred DePerez, Rich Miller, and Joe Guarascio.

Go Rhino Expands Warehouse Operations with Texas Facility

Go Rhino, a manufacturer of aftermarket accessories, is expanding its North American operations with a new distribution facility in Laredo, Texas.

Photo of 2017 F-250 XL courtesy of Ford.

Landi Renzo's CNG 2017 F-250/F-350 Certified

Torrance, Calif.-based Landi Renzo has gained approval from the Environmental Protection Agency to produce bi-fuel and dedicated compressed natural gas (CNG) versions of Ford's F-250 and F-350 6.2L V-8 engine with the gaseous prep engine package.

Photo courtesy of Ford

Utility Contractor Celebrates 94 Years as a Ford Customer

Henkels & McCoy Group, a utility and communications infrastructure contractor, has been a loyal Ford truck customer for more than 94 years.

Screenshot via Ford.

Ford Offers CK-4 Alternative Oil for Super Duty Diesels

Ford is recommending the use of a new Motorcraft diesel engine oil for its Super Duty trucks and warning fleet and commercial customers to avoid using most new CK-4 or FA-4 oils because they may cause damage to the engine, the company told AutomotiveFleet.com.

Source: EIA

Diesel Prices Fall; U.S. Crude Production Slipped in 2016

The price of diesel fuel continued to slide last week, as the latest numbers from the Energy Department show a two-week trend of falling fuel prices.

SmartTruck Expands National Sales Team

SmartTruck announced the appointment of John Brown as vice president of Sales and Marketing.

Keane

NTEA Names New President

At The Work Truck Show 2017, NTEA announced its new president, Adam Keane, as well as updated the Board’s Executive Committee and trustees.

Image of Peterbilt Model 320 courtesy of Peterbilt.

Two Peterbilt Models Eligible for HVIP

The Peterbilt Models 520 and 320 equipped with the Cummins ISL-G Near Zero engine have been granted eligibility for the California Air Resources Board (CARB) Hybrid and Zero-Emission Truck and Bus Voucher Incentive Project (HVIP).

Jasper Names Manager of Process Control, Sales Support

Jasper Engines & Transmissions announced that Judah DeLorenzo has been named manager of Process Control and Sales Support.

Photo by Famartin/Wikimedia Commons.

Safety Tip: Merging onto the Freeway

Here’s some driving advice, provided by the Colorado Driver Handbook, on how to merge safely onto a freeway.

Image: White House Office of Management and Budget

Infrastructure Group Slams Trump on Erasing TIGER Grants

An infrastructure advocacy group questions the wisdom of eliminating federal TIGER grants for funding freight-related road projects.

Photo: Alkane Truck Company

Alkane to License Assembly Operations in North America

Alkane Truck Company, a South Carolina-based assembler of alternative fuel vehicles, has announced plans to establish more than a dozen assembly facilities in the U.S., Canada, and Mexico over the next three years.

Photo courtesy of Daimler Vans.

Daimler Recalls Sprinter and Metris Vans

Two separate recalls involve 1,320 vehicles, including Mercedes-Benz and Freightliner Sprinter 2500 and 3500 vans.

Photo via Gage Skidmore/Wikimedia.

Trump Reverses Obama With Fuel Economy Review

Vowing to end the "assault on the American auto industry," President Donald Trump promised to reopen a federal review of fuel economy standards that was concluded in the waning days of the Obama administration at an event outside of Detroit.

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