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Australian businesses will no longer be able to force trucking operators to accept extended payment terms after the Senate passed a non-binding transport industry terms of payment motion.
Senators Williams and Sterle introduced the motion which was passed by their Senate colleagues and prevents extended payment terms of up to 120 days.
Australian Trucking Association Chief Executive Christopher Melham said it was good news for truck owners as other businesses expect to have their invoices paid in a much more reasonable timeframe.
Lower global demand for its product has led to engine maker Cummins reporting a sharp fall in net income during the final quarter of last year.
Cummins reported net income of $161 million (U.S) during the last three months of 2015, down sharply from the $444 million (U.S) banked by the group in the same period in the previous year.
The downturn in demand has already forced Cummins to scale down plans for its new light-duty V8 engines.
Iveco will look to build on a solid 2015 sales performance with a positive shift in sales in 2016.
Set to unveil a number of new models this year, including new ready-to-run emergency services vehicles, the Iveco Astra 4×4 truck range and the acclaimed new Iveco Eurocargo.
Iveco Australia Marketing Manager Darren Swenson told Behind the Wheel Truck News it’s just a matter of getting more potential buyers to sample the Iveco product.
The federal government has approved a regulation change that no longer requires semi-trailer bumpers to be painted white.
Originally put in place to improve visibility, many have said that the white bumpers made next to no difference during daytime and didn’t make sense as the rule only applied to semi-trailers and no other heavy vehicles.
The change was applauded by the ATA.
The Australian Trucking Association has welcomed a new livestock transport fatigue management template developed by the National Heavy Vehicle Regulator.
Designed to help livestock transporters manage driver rest schedules, the template allows accredited drivers to work 14 hour days in a fortnightly cycle, with restrictions to offset the risk when drivers are working between midnight and 4am.
ATA Chief Executive Christopher Melham says the template will help drivers plan and take safe, effective rest breaks at times and locations that work with their task.
Volvo is fast becoming a major player in the important North American truck market.
Volvo Trucks released sales data for 2015 that shows Volvo claimed a market share in Class 8 retail sales in the U.S. of 12.4% last year, in Canada, Volvo snared 16.3% market share.
Volvo also achieved record penetration levels for transmission and engine packages.
The latest quarterly Fleet Sentiment Survey in the U.S. has been released and shows that the majority of fleet operators are feeling positive about their 2016 fortunes.
The survey involved 48 American fleets with the majority reporting that they are continuing to see good demand level for their services.
A smaller percentage of fleets though were planning power unit purchases this quarter compared to last year and more than 50% of fleets reported that they need drivers now.
A recall has been initiated in North America for a popular Firestone truck tyre.
Affecting the Firestone FS561 tyre sold in the US and Canada between April 2015 and January 2016, the only tyre size affected is 255/70R22.5 and comes after an elevated number of warranty claims for tread separation and/or detachment.
And Isuzu will travel far and wide this year showing its range of off-highway engines.
Targeting the irrigation and pumping sectors in particular, the 2, 3, 4 and 6-cylinder range of engines will be on display at field day events in Queensland, New South Wales, Victoria, Tasmania and South Australia.