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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.

Automotive Fleet photo.

Safety Tip: When to Honk the Horn

The California Department of Motor Vehicles offers advice on when it's proper to honk the horn.

EUFMC Announces Speaker Lineup

The lineup of speakers and educational sessions for the 2017 Electric Utility Fleet Managers Conference have been announced.

Photo courtesy of PSE&G

Utilities Get to Work After Winter Storm Stella

When Winter Storm Stella hit earlier this month, utilities across the Northeast had to work quickly to restore power and keep customers safe.

Omaha Public Utility Adopts Mapping Software

Offline access to data in the enterprise GIS will ensure MUD’s field crews can access essential engineering and location information in the event of emergency, and in network dead zones, while reducing cellular data costs.

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.

Photo: Deborah Lockridge

Goodyear Names 34th Highway Hero at MATS

David Webb of Billings, Montana, accepted the 34th Goodyear Highway Hero Award during the Mid-America Trucking Show for saving the life of an incapacitated driver.

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.

Image courtesy of NHTSA.

ROUSH Recalls Propane Conversion Kits

Dealers need to replace fuel control valve solenoids to fix a problem that can lead to engine stalling.

Screenshot of ARI WatchList courtesy of ARI.

ARI Launches Fleet Monitoring Tool

ARI WatchList notifies a fleet manager of critical events as they happen and allows such events to be monitored in a newsfeed format.

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.

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The specific name given in the United Kingdom to closed end leases, i.e., leases with a fixed term (24 months, 36 months, etc.) wherein the lessor assumes most risks of ownership, notably depreciation and funding, defined levels of administration, and certain expenses of licensing or registration.

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