Volume 26 • Issue 12 • 12/31/2024 |
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The Wrap-Up is on the "Used Truck News" Blog Page!
In addition to the Convention Wrap-Up e-Newsletter you received last week, you can also read it HERE on the UTA website. And don't forget to check out the hundreds of photos in the galleries on the Convention 2024 Page!
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MEMBER SPOTLIGHT: Hal Dickson |
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Some of you may know long-time UTA member Hal Dickson. He’s been a part of the UTA and its convention committee for many years. After working for Mack Trucks and Volvo Trucks for over 3 decades, he decided to retire in May 2024. During Hal’s career at the Volvo Group, he worked in the new truck sales as well as the used trucks. However, he spent the majority of his time in used truck remarketing.
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After retirement, Hal missed his pals in the industry. Plus, we have it on good authority that his wife didn’t want him hanging around the house any longer and “managing things”. So now, he’s begun working at Alliance Drive Away Solutions. About his new position, Hal said: “Alliance is a company with great ownership, a quality organization that strives for the best for their customers and they had a position available that was a perfect fit for me."
Hal is working on new business development and looking forward to connecting with those in the truck industry.
If you’d like to catch up with Hal, you can email him at hdickson@alliancedriveaway.com from here on out.
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Exciting Updates for UTA Members: New Property Casualty Insurance Programs and Opportunities
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We're thrilled to announce several new initiatives designed to bring added value to UTA members and attract both new and returning participants to our community. Here are some highlights of what’s in the works: |
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We're thrilled to announce several new initiatives designed to bring added value to UTA members and attract both new and returning participants to our community. Here are some highlights of what’s in the works:
1) Captive Insurance Program
We’ve received strong interest from insurance carriers in developing a captive insurance company or program tailored specifically for our driveaway companies. Over the next 30 days, we’ll be meeting with these companies to move this initiative forward, aiming to provide innovative solutions to address their unique needs. 2) Open Lot Policy with Comprehensive Coverage
Many independent truck dealers and wholesalers in the UTA have expressed the need for a competitive open lot insurance policy that includes protection against hail and windstorms—two significant concerns for our members. We’re working to make this a reality and deliver a robust coverage option to the community. 3) Cyber Insurance Policy with Enhanced Security Features
We’re excited to offer a Cyber Insurance Policy through partnerships with several insurance providers. This program will not only provide comprehensive cyber risk coverage but will also include complimentary security technology and software to simplify the process for members seeking this vital protection.
How to Get Involved:
We encourage members to contact us directly and share their data with us to help finalize the development of these programs. Our goal is to collaborate with your current insurance agent if you prefer, ensuring that we provide the best possible coverage and pricing options for your needs.
Our focus remains on delivering value and solutions that meet the evolving needs of UTA members. Please don’t hesitate to reach out to discuss these programs or share feedback to help shape our efforts.
Thank you for your continued support, and we look forward to growing stronger together!
Beyond Insurance Agency, LLC
Providing Personal Attention BEYOND the Policy
36 Sophia Dr
Warwick RI 02886
Brian Lawlor
brian@beyondinsagency.com
(401)-479-0215 https://beyondinsagency.com/ This article and information is also on the UTA blog page "Used Truck News"
or go directly to the article here.
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PRESENTING LEVEL SPONSOR ADVERTISEMENT |
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OPINION: Chinese Trucks Control the World. Can American Truck Makers Lead the Way? by Ricardo Rodriguez-Long |
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BYD, Xpeng, and SAIC may not be familiar names in the United States, but these companies are rapidly establishing themselves as automotive giants in other countries. At the same time, significant transformation is taking place in the medium and heavy-duty (MHD) truck sector, as the necessary charging infrastructure develops.
Read full article |
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USED TRUCK MARKET REVIEW & FORECAST |
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Used Trucks Had a Lot to Be Thankful for in November
Following October’s mixed preliminary results, November was a very good month. Preliminary Class 8 same dealer used truck retail sales volumes held pretty steady, slipping 1.3% m/m. Given that typical seasonality called for a decrease of 18% m/m, the small dip was a big win. Preliminary auction activity declined from October (-11%) while wholesale transactions forged ahead (+7.0%). Combined, sales fell 4.7% m/m. While it is too soon to know for certain, it is possible that fleets waiting on presidential election results may have been a part of the driving force behind better-than-expected sales volumes. See full report |
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Sandhills Global Market Reports Show Auction Value Trends for Equipment, Trucks, and Trailers for Year-End Sales The latest Sandhills Global market reports highlight inventory, auction value, and pricing trends for used trucks, trailers, and equipment in Sandhills’ U.S. marketplaces. In the used heavy-duty truck market, inventory trends continue to diverge, with day cab inventory steadily increasing while sleeper truck inventory decreases.
The key metric in all of Sandhills’ market reports is the Sandhills Equipment Value Index (EVI). Buyers and sellers can use the information in the Sandhills EVI to monitor equipment, truck, and trailer markets and maximize returns on acquisition, liquidation, and related business decisions. See full report |
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There is no J.D. Power December report. We will resume in January 2025 |
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Gabe Bosse, Dealer Performance Director |
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John Resnick, Dealer Performance Director |
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National Truck Protection/Premium 2000 features two Dealer Performance Directors.
Gabe Bosse – Dealer Performance Director (DPD)
Gabe joined the NTP/Premium 2000 sales team in 2018 and manages the dealer partners in Maryland, Virginia, and West Virginia. He is known for his knowledge of our service contracts, his work ethic, attention to detail, and quick follow-up. His welcoming personality allows him to work with everyone at the dealership, from management to sales to service to help all of them be successful.
John Resnick – Dealer Performance Director (DPD)
John joined NTP/Premium 2000 in 2021 to manage the vast number of dealer partners in the Great Plains, from Nebraska to North Dakota and west to Wyoming. His knowledge of the vehicle business and his success working with dealers comes from being classically trained by the best in the industry, like Porsche and Penske. He’s held multiple general manager assignments that have honed his management, training, and communication skills. He is a valued asset for his dealer partners and always ready to step in and step up however he’s needed. |
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ATD Announces Dealer of the Year Nominees
Trucks, Parts, Service Staff (December 3, 2024) — The American Truck Dealers (ATD); Trucks, Parts, Service; and Procede Software announced the nominees for the 2025 Truck Dealer of the Year on Wednesday. The award recognizes commercial truck dealers for business performance, industry leadership and community service. Read full article
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Technology Packaging for the All-New Volvo VNL Provides Additional Customer Value The Trucker, Dana Guthrie (December 6, 2024) — Volvo Trucks North America has redefined the spec’ing process for the all-new Volvo VNL models with an industry-first packaging approach including the innovative Technology Packages that provide a simple way to quickly select options for to improve driver safety, convenience, and comfort, all while enabling savings to be passed onto the customer through the bundled approach. Read full article
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Volvo Begins Autonomous Operations for DHL Supply Chain in Texas Volvo Trucks, Press Release (December 11, 2024) — Volvo Autonomous Solutions (V.A.S.) and DHL Supply Chain have taken a significant step towards transforming freight transportation with the launch of autonomous operations in the United States. The operations will be enabled by the purpose-built, production-ready Volvo VNL Autonomous which is powered by the Aurora Driver. Read full press release
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Peterbilt Introduces New LED Pod Headlights for Model 589 Peterbilt, Press Release (December 12, 2024) — Peterbilt is pleased to announce the availability of its distinctive new LED pod headlights for the Model 589, offering greater visibility, enhanced styling and increased overall safety. These LED headlights use 30 percent less power than the halogen equivalent and provide maximum light output with wide coverage and 45-degree left and right low beams. Read full press release
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Pete Store's Annual Toys for Tots Event: A Community United
Tennessee Trucking Association, Press Release (December 16, 2024) — On December 14th, 2024, The Pete Store in Knoxville, hosted its annual Toys for Tots event.
This year's success was made possible by the generous contributions of the Young Professionals Council of the Tennessee Trucking Association, Rob Stone, Jeff Reed & Titan Transfer, the team at Thermo King of Knoxville, Claiborne Hauling & Heavy Haul, Travis Trucking, UPS with America's Road Team Captain John Lemons, Robbie Lloyd, Pemberton Truck Lines, Jim Toussaint from Worldwide Equipment, Denna Mintz from Phillips and Jordan, Mitch Fisher from Cummins, Grosam's Towing, and the United States Marine Corps Reserve.
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Craig Kendall expressed his gratitude, stating, "Thanks to everyone for your generosity and support. You all helped significantly, and our toy drives wouldn’t happen without you."
The Pete Store's commitment to the Toys for Tots program exemplifies the spirit of community and generosity, ensuring a brighter holiday season for many children in the Knoxville.
View photos from the event.
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NTP/Premium 2000 Sponsors Wreaths Across America Since 2021, NTP has sponsored the efforts by Wreaths Across America (WAA) to decorate millions of military gravesites across the US at the holidays. On December 14, WAA held their annual National Wreath Laying ceremony placing over 3 million wreaths at over 4,800 cemeteries to honor our fallen veterans. NTP associates participated in the wreath laying at two cemeteries in Winston Salem, NC. For the first time, wreaths were laid at every military gravesite at both locations thanks to the nearly 200 wreaths bought through the NTP sponsorship. Also, $5 from every wreath bought goes to the WAA Transportation Fund to support the 600+ owner operators and fleet drivers who donate their time and truck to make the wreath deliveries. The WAA sponsorship is part of NTP’s We Value Our Veterans program that honors military veterans who have died, and supports living veterans who are acclimating back into our society after their service. We appreciate the generous contributions from our associates, dealer partners, and friends who support us each year. The 2025 effort is already “live” and you can contribute HERE or contact Tim Ronan at tronan@ntpco.com. We also applaud several UTA dealers and members who support WAA each year.
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Jackson Group Peterbilt Adds Four Locations Through Purchase Trucks, Parts, Service Staff (December 17, 2024) — Jackson Group Peterbilt has expanded its network with the purchase of Peterbilt of Wyoming from Fred and Bill DeVore. The transaction was supported by Performance Brokerage Services' Pat Albero and Dan Argiro and adds locations in Casper, Rock Springs, Cheyenne and Riverton, Wyo., to the Jackson Group Network. Read full article
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2025!
Do not Leave anything for later!
Later, people lose interest
Later, the client has already decided
Later, the day turns to night
Later, people grow old
Later, life passes by
Later, You will regret not doing something when you had the chance.
Glad to see 2024 go!
Here’s to… Fast, educated decision-making
Selling more trucks
Healthy kids
Healthy Parents
Beautiful Love Pets that do not die Backs that do not hurt AND an Amazing 2025! – Jason Cluck, member of the UTA
Director Pre-Owned Trucks
Nacarato Truck Centers
former UTA Board member |
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Don't forget to renew your UTA Membership!
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FOLLOW • LIKE • ENGAGE ON SOCIAL MEDIA |
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Used Truck Association
Impact Association Management
1502 W Broadway, Suite 102 • Madison, WI 53713
Phone: 877-438-7882 (877-Gets-UTA)
Copyright © 2024. All rights reserved. If you no longer wish to receive these emails you can unsubscribe at any time.
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