BELLEVUE, Neb., July 1, 2010 -- logi AeroSpace, working with several other innovative companies, is leading the way in advanced transportation with a proposal to the Defense Advanced Research Projects Agency (DARPA) for the Tyrannos, a new concept vehicle based on proven technologies.
Designed for protection of military troops, the Tyrannos can travel both on and above roads to speed transportation between locations. The Tyrannos was inspired by the hundreds of U.S. military troops who have lost their lives to IEDs while driving on roads in Iraq and Afghanistan. Using a flight-proven shrouded propeller design from Trek Aerospace, it's designed to drive in the air above roads to avoid IED explosions. This vehicle also drives on the ground in all terrains from mountainous to city streets and can take off vertically without a runway. For non-military uses, the vehicle will transform modern lifestyles. Travel limited by terrain or time will no longer exist. Living in the country while working in the city becomes a viable option. Imagine the Poconos to New York City in 20 minutes or Santa Barbara to LA in 35 minutes.
To put this design into effect, logi AeroSpace is tapping the experience and expertise of electric vehicle pioneer ZAP (http://www.zapworld.com) for its advanced technology and knowledge in electric drive trains for road vehicles. Trek Aerospace (http://www.trekaero.com) will implement its shrouded propeller technology.
The Tyrannos is a bold, new and exciting vehicle that has been designed like no other car; it can drive along highways at 60 mph or climb vertically from a driveway and travel at 155 mph in the sky. This eco-friendly AT-TV (Airborne and Terrain Transport Vehicle) comfortably seats four, and can operate at zero emissions both on the ground and in the air. On the ground it can travel 46 miles in the all-electric mode and will get 43 miles per gallon on the road or obtain an astounding 19.4 air miles per gallon when flying.
The strategic advantage in Tyrannos is its super computer designed shrouded propellers and its advanced guidance system. Larry Ortega, the inventor of the guidance system and an Air Force Test Pilot School Flight Test Engineer Graduate, says: "The aerospace industry has been flying aircraft as airborne simulators of other aircraft to train pilots in the air for decades. This airborne simulator simulates a car. Any person who can drive on a street can drive it. We'll project a freeway in the sky on the windshield for the driver to see so they can get comfortable with the environment. It will be like crossing a high bridge."
About logi AeroSpace
logi AeroSpace engineers have been developing vertical takeoff shrouded propeller vehicles since 1996. More information about logi, and the stunning images of the Tyrannos as well as videos of flying pre-prototypes may be found here: http://www.logiaerospace.com.
Thursday, July 1, 2010
TOYOTA AND LEXUS FINANCIAL SERVICES ACHIEVE RECORD-BREAKING RESULTS WITH MANHEIM ONLINE EVENT SALES IN JUNE
ATLANTA – Toyota Financial Services (TFS) and Lexus Financial Services (LFS), Toyota Motor Sales U.S.A.’s captive finance companies, had record-breaking results with Manheim Online Event Sales in June. During the month, more than 2,500 pre-owned Toyota and Lexus models were sold during four open weekend online sales, up from 732 cars sold during the same month’s Online Event Sales in 2009.
“This record sales volume of wholesale vehicles really speaks to the desirability of the brands and the power of Manheim's online sales channels,” said Ralph Fisco, national remarketing manager, Toyota Financial Services. “Our Online Event Sales continue to deliver consistently strong results and we expect this growth to continue in the coming months.”
With competition for pre-owned vehicles at industry-high levels, more buyers than ever are taking advantage of Manheim’s online channels. An average of 400 bidders participated in each of the TFS and LFS Online Event Sales during June, raising Toyota and Lexus’ year-over-year sales percentage by 15 percent.
“Toyota and Lexus continue to be one of our most successful consignors because they exceed buyer expectations in every area,” said Nick Peluso, senior vice president customer management, Manheim. “Their success is built upon consistency in every category, from offering and pricing to condition of the vehicles. TFS/LFS has focused on building buyer confidence and a solid seller reputation.”
TFS and LFS host their bid-only Online Event Sale each weekend on Manheim’s OVE.com. The open sale starts on Friday at 8 p.m. and ends on Manheim Monday at 2 p.m. Inventory previews are available beginning each Friday afternoon.
Toyota and Lexus will host a Fourth of July Weekend Online Event Sale on Manheim.com July 2-5, and it will be part of Manheim’s “Revolutionary Sales Weekend.” As part of this special Fourth of July event, buyers will have the opportunity to win one of 16 Apple iPads®.
For more information about upcoming TFS and LFS Online Event Sales, please visit Manheim.com’s homepage and click on the Daily Sales link.
About Manheim (www.manheim.com)
Manheim is the world’s leading provider of vehicle remarketing services. Through its 130 worldwide wholesale operating locations, Manheim impacts every stage of a used vehicle’s life cycle, helping commercial sellers and automobile dealers maximize the full value of their vehicles. Drawing from its auction transaction volume, Manheim Consulting publishes the annual Used Car Market Report, the definitive source of data for the used car industry. Manheim Consulting offers a wide range of services including custom analytics, business optimization and macro economic analysis
“This record sales volume of wholesale vehicles really speaks to the desirability of the brands and the power of Manheim's online sales channels,” said Ralph Fisco, national remarketing manager, Toyota Financial Services. “Our Online Event Sales continue to deliver consistently strong results and we expect this growth to continue in the coming months.”
With competition for pre-owned vehicles at industry-high levels, more buyers than ever are taking advantage of Manheim’s online channels. An average of 400 bidders participated in each of the TFS and LFS Online Event Sales during June, raising Toyota and Lexus’ year-over-year sales percentage by 15 percent.
“Toyota and Lexus continue to be one of our most successful consignors because they exceed buyer expectations in every area,” said Nick Peluso, senior vice president customer management, Manheim. “Their success is built upon consistency in every category, from offering and pricing to condition of the vehicles. TFS/LFS has focused on building buyer confidence and a solid seller reputation.”
TFS and LFS host their bid-only Online Event Sale each weekend on Manheim’s OVE.com. The open sale starts on Friday at 8 p.m. and ends on Manheim Monday at 2 p.m. Inventory previews are available beginning each Friday afternoon.
Toyota and Lexus will host a Fourth of July Weekend Online Event Sale on Manheim.com July 2-5, and it will be part of Manheim’s “Revolutionary Sales Weekend.” As part of this special Fourth of July event, buyers will have the opportunity to win one of 16 Apple iPads®.
For more information about upcoming TFS and LFS Online Event Sales, please visit Manheim.com’s homepage and click on the Daily Sales link.
About Manheim (www.manheim.com)
Manheim is the world’s leading provider of vehicle remarketing services. Through its 130 worldwide wholesale operating locations, Manheim impacts every stage of a used vehicle’s life cycle, helping commercial sellers and automobile dealers maximize the full value of their vehicles. Drawing from its auction transaction volume, Manheim Consulting publishes the annual Used Car Market Report, the definitive source of data for the used car industry. Manheim Consulting offers a wide range of services including custom analytics, business optimization and macro economic analysis
MAP Brake Safety Awareness Week Set for August 21-29
Falls Church, Virginia -- The highly successful annual Brake Safety Awareness Week promotion is being sponsored once again this year by the Motorist Assurance Program (MAP). The 2010 event, now in its fourth year,is held each summer during the final full week in August, with this year’s dates being August 21-29.
During Brake Safety Awareness Week, more than 8,000 MAP Participating Facilities will offer inspections, educate vehicle owners regarding key undercar systems, provide complimentary automotive troubleshooting materials and answer consumers’ preventative maintenance questions. Consumers can look for a repair facility prominently displaying its “Motorist Assurance Program” decal near its entrance or customer waiting area, or they can find participating stores in a particular area by visiting the MAP website at www.motorist.org.
Each installment of Brake Safety Awareness Week has brought increased participation by consumers. During the 2009 event, an average facility performed repairs on more than 50 percent of the vehicles inspected.
A highlight of the 2010 Brake Safety Awareness Week is new Point of Sale promotional materials, including a poster which can be displayed in Participating Facilities and a brochure which helps to educate consumers on the benefits of a brake inspection.
“For very obvious reasons, it’s important to make sure your brake system is working correctly and that all system components still have plenty of service life to ensure trouble-free performance,” said MAP President Barry Soltz. “Many vehicles require service that the average person wouldn’t be able to detect from daily driving, making
it even more critical to perform periodic safety inspections. Plus, it’s important to know what to look out for when it comes to brake components and other undercar parts that periodically wear out.”
Throughout this event, MAP – the consumer outreach effort of the Automotive Maintenance and Repair Association (AMRA) and the nation’s leading consumer auto service non-profit organization – urges consumers to stop at any MAP participating repair shop for a brake and related undercar inspection. There’s no better way to
ensure that a vehicle’s braking and other undercar systems are working properly before heading into the fall and winter driving seasons.
A non-profit program created by concerned automotive business owners, manufacturers and associations, MAP requires all of its Participating Facilities to adhere to a strict set of fact-based vehicle inspection and communication standards. MAP establishes criteria not only for recommending replacement of worn parts and
other products, but also how these recommendations are communicated to the vehicle owner.
MAP also offers tips for choosing and working with qualified repair providers, a list of participating MAP shops in your area, a repair and replacement recommendations look-up for vehicle components and more at www.motorist.org.
During Brake Safety Awareness Week, more than 8,000 MAP Participating Facilities will offer inspections, educate vehicle owners regarding key undercar systems, provide complimentary automotive troubleshooting materials and answer consumers’ preventative maintenance questions. Consumers can look for a repair facility prominently displaying its “Motorist Assurance Program” decal near its entrance or customer waiting area, or they can find participating stores in a particular area by visiting the MAP website at www.motorist.org.
Each installment of Brake Safety Awareness Week has brought increased participation by consumers. During the 2009 event, an average facility performed repairs on more than 50 percent of the vehicles inspected.
A highlight of the 2010 Brake Safety Awareness Week is new Point of Sale promotional materials, including a poster which can be displayed in Participating Facilities and a brochure which helps to educate consumers on the benefits of a brake inspection.
“For very obvious reasons, it’s important to make sure your brake system is working correctly and that all system components still have plenty of service life to ensure trouble-free performance,” said MAP President Barry Soltz. “Many vehicles require service that the average person wouldn’t be able to detect from daily driving, making
it even more critical to perform periodic safety inspections. Plus, it’s important to know what to look out for when it comes to brake components and other undercar parts that periodically wear out.”
Throughout this event, MAP – the consumer outreach effort of the Automotive Maintenance and Repair Association (AMRA) and the nation’s leading consumer auto service non-profit organization – urges consumers to stop at any MAP participating repair shop for a brake and related undercar inspection. There’s no better way to
ensure that a vehicle’s braking and other undercar systems are working properly before heading into the fall and winter driving seasons.
A non-profit program created by concerned automotive business owners, manufacturers and associations, MAP requires all of its Participating Facilities to adhere to a strict set of fact-based vehicle inspection and communication standards. MAP establishes criteria not only for recommending replacement of worn parts and
other products, but also how these recommendations are communicated to the vehicle owner.
MAP also offers tips for choosing and working with qualified repair providers, a list of participating MAP shops in your area, a repair and replacement recommendations look-up for vehicle components and more at www.motorist.org.
FORD OF CANADA LAUNCHES FORD EMPLOYEE PRICING
OAKVILLE, Ontario, June 30, 2010 – July 1 marks the launch of the Ford Employee Pricing event Ford Motor Company of Canada, Limited announced today. Until August 31, 2010, customers across Canada can take advantage of Ford employee prices on most 2010 and 2011 Ford and Lincoln vehicles.
Ford is also inviting consumers across Canada to visit their local dealership for the expanded Drive One Challenge. Test drive any new Ford or Lincoln vehicle - from our award winning Ford Fusion, Ford Taurus and Ford F-Series, to the luxurious Lincoln MKS - and if you decide to purchase any new vehicle from another manufacturer within 100 hours of the test drive, you will receive $100 from Ford.
"The Ford brand now has the highest initial quality among all non-luxury brands and we are inspiring even more Canadians to get behind the wheel and experience that quality," said David Mondragon, president and CEO, Ford of Canada. "We are so confident in both our Ford and Lincoln line-up that we are willing to pay $100 within 100 hours if a customer experiences our vehicles and still purchases a vehicle from a competitor."
In addition, momentum has continued for the Ford Exclusive Recycle Your Ride Program, with more than 8,500 customers participating in the program to date. Due to its success, Ford is extending the program through September 30, 2010. With this program consumers turning in 2003 model year (or older) vehicles (of any make) for retirement will get up to $3,000 towards the purchase of a new 2010 or 2011 Ford or Lincoln vehicle. Through an exclusive agreement with Summerhill Impact, Ford is the only manufacturer that is retiring 1996 to 2003 model year vehicles. Ford's Exclusive Recycle Your Ride program is in addition to the $300 available from Retire Your Ride, a program funded by the Government of Canada (1995 model year or older vehicles).
The Ford Exclusive Recycle Your Ride Program is combinable with the Ford Employee Pricing event.
For more details see www.ford.ca
Ford is also inviting consumers across Canada to visit their local dealership for the expanded Drive One Challenge. Test drive any new Ford or Lincoln vehicle - from our award winning Ford Fusion, Ford Taurus and Ford F-Series, to the luxurious Lincoln MKS - and if you decide to purchase any new vehicle from another manufacturer within 100 hours of the test drive, you will receive $100 from Ford.
"The Ford brand now has the highest initial quality among all non-luxury brands and we are inspiring even more Canadians to get behind the wheel and experience that quality," said David Mondragon, president and CEO, Ford of Canada. "We are so confident in both our Ford and Lincoln line-up that we are willing to pay $100 within 100 hours if a customer experiences our vehicles and still purchases a vehicle from a competitor."
In addition, momentum has continued for the Ford Exclusive Recycle Your Ride Program, with more than 8,500 customers participating in the program to date. Due to its success, Ford is extending the program through September 30, 2010. With this program consumers turning in 2003 model year (or older) vehicles (of any make) for retirement will get up to $3,000 towards the purchase of a new 2010 or 2011 Ford or Lincoln vehicle. Through an exclusive agreement with Summerhill Impact, Ford is the only manufacturer that is retiring 1996 to 2003 model year vehicles. Ford's Exclusive Recycle Your Ride program is in addition to the $300 available from Retire Your Ride, a program funded by the Government of Canada (1995 model year or older vehicles).
The Ford Exclusive Recycle Your Ride Program is combinable with the Ford Employee Pricing event.
For more details see www.ford.ca
OHL Signs Membership Agreement with Cargo Theft Solutions Provider CargoNet
Brentwood, Tenn. (June 30, 2010) — Global supply chain management company OHL announces its membership in the CargoNet program (www.cargonet.com). Launched in January 2010, CargoNet is a national information-sharing system to prevent cargo theft and help law enforcement recover stolen cargo.
“Cargo theft is a multi-billion dollar a year problem for the logistics industry, and OHL and CargoNet are going to do whatever we can to stop it,” commented John McNamee, director of risk management for OHL. “OHL is involved in and supports cargo theft councils throughout the U.S. The use of CargoNet’s services is a logical step to provide enhanced security for our customers. The team at CargoNet understands the inherent risks in freight management and has a program in place to help OHL and other industry leaders keep our customers’ products out of the hands of thieves.” McNamee participates in many industry and security associations and is an officer and board member of the Mid-South Cargo Security Council.
“Supply chain security is an area of risk that requires a collaborative and multi-layered approach,” added Maurizio Scrofani, CargoNet’s managing director. “We are greatly encouraged by the involvement of an organization like OHL that has such a strong focus on risk management and client service.”
To view this release online, please visit http://www.media.ohl.com/news/2010/06/ohl-signs-membership-agreement-cargo-theft-solutions-provider-cargonet.
About CargoNet
CargoNet helps prevent cargo theft and increases recovery rates through secure and controlled information sharing between theft victims, their business partners, and law enforcement. The solution is centered on a national database and information sharing system managed by crime analysts and subject-matter experts. CargoNet exploits the weakness of cargo thieves at multiple points in the supply chain by leveraging integrated databases and a layered system of anti-theft systems, including a theft alert system; task force and investigations support; a tractor/trailer theft deterrence program; the TruckStopWatch program; driver education and incentives; secondary-market monitoring and interdictions; crime trend analysis and loss control services; and training and education.
About ISO
Since 1971, ISO has been a leading source of information about property/casualty insurance risk. For a broad spectrum of commercial and personal lines of insurance, the company provides statistical, actuarial, underwriting, and claims information; policy language; information about specific locations; fraud-identification tools; and technical services. ISO serves insurers, reinsurers, agents and brokers, insurance regulators, risk managers, and other participants in the property/casualty insurance marketplace. ISO is a subsidiary of Verisk Analytics. For more information, visit www.iso.com and www.verisk.com.
About OHL
Based in Tennessee, OHL is one of the largest 3PLs in the world, providing integrated global supply chain management solutions including transportation, warehousing, customs brokerage, freight forwarding, and import and export consulting services. With three business units — Global Freight Management and Logistics, Contract Logistics, and North America Transportation — OHL operates more than 130 value-added distribution centers, offers comprehensive transportation management services, employs nearly 6,000, and has offices worldwide. OHL has expertise in direct to consumer fulfillment, serves a wide range of business sectors from specialty retail to manufacturing, and specializes in the apparel, electronics, printing, food and beverage, and consumer packaged goods industries.
“Cargo theft is a multi-billion dollar a year problem for the logistics industry, and OHL and CargoNet are going to do whatever we can to stop it,” commented John McNamee, director of risk management for OHL. “OHL is involved in and supports cargo theft councils throughout the U.S. The use of CargoNet’s services is a logical step to provide enhanced security for our customers. The team at CargoNet understands the inherent risks in freight management and has a program in place to help OHL and other industry leaders keep our customers’ products out of the hands of thieves.” McNamee participates in many industry and security associations and is an officer and board member of the Mid-South Cargo Security Council.
“Supply chain security is an area of risk that requires a collaborative and multi-layered approach,” added Maurizio Scrofani, CargoNet’s managing director. “We are greatly encouraged by the involvement of an organization like OHL that has such a strong focus on risk management and client service.”
To view this release online, please visit http://www.media.ohl.com/news/2010/06/ohl-signs-membership-agreement-cargo-theft-solutions-provider-cargonet.
About CargoNet
CargoNet helps prevent cargo theft and increases recovery rates through secure and controlled information sharing between theft victims, their business partners, and law enforcement. The solution is centered on a national database and information sharing system managed by crime analysts and subject-matter experts. CargoNet exploits the weakness of cargo thieves at multiple points in the supply chain by leveraging integrated databases and a layered system of anti-theft systems, including a theft alert system; task force and investigations support; a tractor/trailer theft deterrence program; the TruckStopWatch program; driver education and incentives; secondary-market monitoring and interdictions; crime trend analysis and loss control services; and training and education.
About ISO
Since 1971, ISO has been a leading source of information about property/casualty insurance risk. For a broad spectrum of commercial and personal lines of insurance, the company provides statistical, actuarial, underwriting, and claims information; policy language; information about specific locations; fraud-identification tools; and technical services. ISO serves insurers, reinsurers, agents and brokers, insurance regulators, risk managers, and other participants in the property/casualty insurance marketplace. ISO is a subsidiary of Verisk Analytics. For more information, visit www.iso.com and www.verisk.com.
About OHL
Based in Tennessee, OHL is one of the largest 3PLs in the world, providing integrated global supply chain management solutions including transportation, warehousing, customs brokerage, freight forwarding, and import and export consulting services. With three business units — Global Freight Management and Logistics, Contract Logistics, and North America Transportation — OHL operates more than 130 value-added distribution centers, offers comprehensive transportation management services, employs nearly 6,000, and has offices worldwide. OHL has expertise in direct to consumer fulfillment, serves a wide range of business sectors from specialty retail to manufacturing, and specializes in the apparel, electronics, printing, food and beverage, and consumer packaged goods industries.
Auto Air Conditioning Service & Repair Provides a Cool Summer
Horsham -- June 30, 2010 / (http://www.myprgenie.com) -- Summer is coming, and that means your vehicle's air conditioning system is going to be under a serious strain before long. If you haven't had your system serviced in a while, take some time for an air conditioner tune up before temperatures begin to soar. While most new vehicles may simply be able to get away with having their A/C recharged, older cars and trucks may require a little extra attention.
When the temperatures begin to rise, you don't want your air conditioner to die on you in hot summer months. If you think your A/C isn't as frosty as it used to be, but it's still blowing cold, you may be able to get away with simply recharging your system. To keep your vehicle in the best condition, your vehicle's A/C system should be checked annually. Symptoms of a low refrigerant charge include poor cooling and the compressor for the air conditioner frequently engaging and disengaging (the air conditioning is constantly stopping and starting).
A service technician can check the levels of your refrigerant in your vehicle, and make sure they are refilled according to your vehicle's manual, safely and efficiently.
For optimum functioning, make sure the system is fully charged with no leaks. You might also choose to have a technician replace or repair any leaking components in your A/C system. Air conditioning repairs involve locating and stopping leaks; it can be tricky to find a small, slow leak in a hard-to-reach area, so it can sometimes require several attempts to fix the system. Leaks can be found by adding special dye to the system, or several other methods to locate the leak. Most repairs involve replacing O-rings, seals or hoses. A technician will troubleshoot your A/C issues, whether it is the compressor, a bad temperature sensor, or leak within your system.
Leaks or poor performance are also potentially harmful to the environment. By stopping the leak, you will prevent refrigerant from leaking into the atmosphere.
Scientists worldwide have concluded that chlorofluorocarbons (CFCs, also known by the trade name Freon) deplete the ozone layer. The U.S. Environmental Protection Agency's website states:
When allowed to escape, these chemicals drift some 30-miles above the Earth to the stratospheric ozone layer - a layer of gas that screens us from the sun's powerful ultraviolet (UV-B) radiation. The Clean Air Act of 1990 contains requirements that ban the release of refrigerants during the service, maintenance, and disposal of air conditioning and refrigeration equipment and for labeling of products that are manufactured with or contain CFCs. Shops are required by law to use approved recover or recycling equipment when servicing air conditioning systems.
Help save the ozone layer by having a leaking systems repaired. Cottman Transmissions offers air conditioning maintenance as part of their standard services at their auto care centers.
About Cottman Transmission Systems, LLC
Founded in 1962, Cottman Transmission is a leading chain of transmission and total auto care service centers. With locations coast to coast, Cottman specializes in every phase of automotive repair and maintenance including a specialization in servicing both automatic and manual transmissions. Cottman technicians undergo regular, rigorous training and use the latest state-of-the-art electronic diagnostic equipment. Cottman takes a "whole car" approach to auto care; including brakes, tune ups, oil changes, shocks, belts, hoses, cooling, and even transmissions. For more information, please visit Cottman's website at www.cottman.com.
When the temperatures begin to rise, you don't want your air conditioner to die on you in hot summer months. If you think your A/C isn't as frosty as it used to be, but it's still blowing cold, you may be able to get away with simply recharging your system. To keep your vehicle in the best condition, your vehicle's A/C system should be checked annually. Symptoms of a low refrigerant charge include poor cooling and the compressor for the air conditioner frequently engaging and disengaging (the air conditioning is constantly stopping and starting).
A service technician can check the levels of your refrigerant in your vehicle, and make sure they are refilled according to your vehicle's manual, safely and efficiently.
For optimum functioning, make sure the system is fully charged with no leaks. You might also choose to have a technician replace or repair any leaking components in your A/C system. Air conditioning repairs involve locating and stopping leaks; it can be tricky to find a small, slow leak in a hard-to-reach area, so it can sometimes require several attempts to fix the system. Leaks can be found by adding special dye to the system, or several other methods to locate the leak. Most repairs involve replacing O-rings, seals or hoses. A technician will troubleshoot your A/C issues, whether it is the compressor, a bad temperature sensor, or leak within your system.
Leaks or poor performance are also potentially harmful to the environment. By stopping the leak, you will prevent refrigerant from leaking into the atmosphere.
Scientists worldwide have concluded that chlorofluorocarbons (CFCs, also known by the trade name Freon) deplete the ozone layer. The U.S. Environmental Protection Agency's website states:
When allowed to escape, these chemicals drift some 30-miles above the Earth to the stratospheric ozone layer - a layer of gas that screens us from the sun's powerful ultraviolet (UV-B) radiation. The Clean Air Act of 1990 contains requirements that ban the release of refrigerants during the service, maintenance, and disposal of air conditioning and refrigeration equipment and for labeling of products that are manufactured with or contain CFCs. Shops are required by law to use approved recover or recycling equipment when servicing air conditioning systems.
Help save the ozone layer by having a leaking systems repaired. Cottman Transmissions offers air conditioning maintenance as part of their standard services at their auto care centers.
About Cottman Transmission Systems, LLC
Founded in 1962, Cottman Transmission is a leading chain of transmission and total auto care service centers. With locations coast to coast, Cottman specializes in every phase of automotive repair and maintenance including a specialization in servicing both automatic and manual transmissions. Cottman technicians undergo regular, rigorous training and use the latest state-of-the-art electronic diagnostic equipment. Cottman takes a "whole car" approach to auto care; including brakes, tune ups, oil changes, shocks, belts, hoses, cooling, and even transmissions. For more information, please visit Cottman's website at www.cottman.com.
FORD TAKES ACTION TO FURTHER STRENGTHEN BALANCE SHEET BY REDUCING DEBT BY $4 BILLION
DEARBORN, Mich., June 30, 2010 – Ford Motor Company (NYSE: F) today is reducing its debt by more than $4 billion – primarily by retiring debt owed to the UAW Retiree Medical Benefits Trust ahead of schedule. The company said it is taking the action to further strengthen its balance sheet as it gains momentum on its One Ford plan and remains on track to deliver solid profits and positive Automotive operating-related cash flow this year.
Ford is making scheduled payments in cash totaling about $860 million on Notes A and B held by the UAW Retiree Medical Benefits Trust – including about $250 million due under Note A, and $610 million due under Note B. Ford had the option to pay Note B with cash or Ford stock but agreed to pay with cash. In addition, Ford and its subsidiary, Ford Motor Credit Company, are paying a combined $2.9 billion to retire the remaining obligation on Note A at an agreed upon discount of 2 percent.
Separately, Ford is making a $255 million cash payment to bring current previously deferred quarterly distributions on the 6.50% Cumulative Trust Preferred Securities of Ford Motor Company Capital Trust II.
With today’s actions and an April payment of $3 billion on its 2013 revolving credit facility, Ford will have reduced its debt by more than $7 billion in the second quarter. The second quarter debt reduction will save Ford more than $470 million in annual interest expense.
“Our One Ford plan to profitably grow our business is working, and we are increasingly confident about the future,” said Ford President and CEO Alan Mulally. “We expect to continue to improve our balance sheet as we deliver on our plan. Importantly, our business results make it possible to take these actions while still accelerating the investments we are making in our business to serve our customers with the very best cars and trucks.
“We are pleased to make these payments ahead of schedule for the benefit of Ford and our UAW-Ford retirees who count on the Trust for their health care benefits,” Mulally said.
The second quarter debt reductions are in addition to a series of actions Ford has taken since early 2009 to improve its balance sheet. These include completing transactions in spring 2009 that reduced Ford’s Automotive debt obligations by $10.1 billion, and raising more than $5.7 billion since the second quarter of 2009 through several equity and equity-linked offerings.
The VEBA Trust Note Obligations
Pursuant to a March 2008 settlement agreement, the UAW Retiree Medical Benefits Trust was created to assume responsibility for providing retiree health care benefits to eligible Ford-UAW employees and their dependants, the cost of which would be funded with assets contributed by Ford.
The settlement was amended in March 2009 to create Notes A and B, which smoothed Ford’s payment obligations and gave Ford the option to use Ford stock to make payments under Note B. On Dec. 31, 2009, Ford completed the transfer of assets, including Notes A and B, to the UAW Retiree Medical Benefits Trust, and the trust assumed the retiree health care liabilities.
June 2010 Agreement
The payments made today result from an agreement last week between Ford and the UAW Retiree Medical Benefits Trust that includes:
* Ford making the scheduled payments on Notes A and B in cash totaling about $860 million.
* Ford and Ford Credit purchasing for cash the remaining $2.96 billion outstanding principal amount of Note A at a price of 98 percent, or $2.9 billion, of which $1.6 billion is being paid by Ford and $1.3 billion is being paid by Ford Credit. Ford Credit intends to deliver to Ford the portion of Note A that it is purchasing from the UAW Retiree Medical Benefits Trust to satisfy existing intercompany tax liabilities it owes to Ford.
* Subject to regulatory approval, the UAW Retiree Medical Benefits Trust is providing Ford a three-year right beginning in July 2010 whereby Ford has the flexibility to pre-pay for cash, periodically during each year, all or a portion of the remaining $3.6 billion outstanding principal amount of Note B at a 5 percent discount for purchases made prior to 2012 and at a 4 percent discount for purchases made after 2011. Previously, Ford could pre-pay Note B once a year at par.
“We are very pleased with this transaction, which continues the process of diversifying the Trust’s assets at very attractive values and assists the thousands of Ford retired employees, their families and survivors and others who look to the Trust to fund their retiree health benefits,” said Samuel W. Halpern, president of Independent Fiduciary Services, Inc., the independent fiduciary and investment manager for the UAW Retiree Medical Benefits Trust.
Repayment and Reinstatement of Distributions on Trust Preferred Securities
Ford also announced today that it is paying in cash to the trustee all accrued distributions previously deferred totaling $255 million on the Trust Preferred Securities, and that it intends to resume making quarterly distribution payments starting with the payment due on July 15, 2010.
The accrued distributions will be paid by the trustee on July 15, 2010, to the holders of record of the Trust Preferred Securities on June 30, 2010. Distributions on the Trust Preferred Securities had been deferred in accordance with their terms since April 15, 2009.
Ford said its liquidity and ability to generate positive cash flow are sufficient to warrant reinstatement of the distributions on the Trust Preferred Securities.
Ford is making scheduled payments in cash totaling about $860 million on Notes A and B held by the UAW Retiree Medical Benefits Trust – including about $250 million due under Note A, and $610 million due under Note B. Ford had the option to pay Note B with cash or Ford stock but agreed to pay with cash. In addition, Ford and its subsidiary, Ford Motor Credit Company, are paying a combined $2.9 billion to retire the remaining obligation on Note A at an agreed upon discount of 2 percent.
Separately, Ford is making a $255 million cash payment to bring current previously deferred quarterly distributions on the 6.50% Cumulative Trust Preferred Securities of Ford Motor Company Capital Trust II.
With today’s actions and an April payment of $3 billion on its 2013 revolving credit facility, Ford will have reduced its debt by more than $7 billion in the second quarter. The second quarter debt reduction will save Ford more than $470 million in annual interest expense.
“Our One Ford plan to profitably grow our business is working, and we are increasingly confident about the future,” said Ford President and CEO Alan Mulally. “We expect to continue to improve our balance sheet as we deliver on our plan. Importantly, our business results make it possible to take these actions while still accelerating the investments we are making in our business to serve our customers with the very best cars and trucks.
“We are pleased to make these payments ahead of schedule for the benefit of Ford and our UAW-Ford retirees who count on the Trust for their health care benefits,” Mulally said.
The second quarter debt reductions are in addition to a series of actions Ford has taken since early 2009 to improve its balance sheet. These include completing transactions in spring 2009 that reduced Ford’s Automotive debt obligations by $10.1 billion, and raising more than $5.7 billion since the second quarter of 2009 through several equity and equity-linked offerings.
The VEBA Trust Note Obligations
Pursuant to a March 2008 settlement agreement, the UAW Retiree Medical Benefits Trust was created to assume responsibility for providing retiree health care benefits to eligible Ford-UAW employees and their dependants, the cost of which would be funded with assets contributed by Ford.
The settlement was amended in March 2009 to create Notes A and B, which smoothed Ford’s payment obligations and gave Ford the option to use Ford stock to make payments under Note B. On Dec. 31, 2009, Ford completed the transfer of assets, including Notes A and B, to the UAW Retiree Medical Benefits Trust, and the trust assumed the retiree health care liabilities.
June 2010 Agreement
The payments made today result from an agreement last week between Ford and the UAW Retiree Medical Benefits Trust that includes:
* Ford making the scheduled payments on Notes A and B in cash totaling about $860 million.
* Ford and Ford Credit purchasing for cash the remaining $2.96 billion outstanding principal amount of Note A at a price of 98 percent, or $2.9 billion, of which $1.6 billion is being paid by Ford and $1.3 billion is being paid by Ford Credit. Ford Credit intends to deliver to Ford the portion of Note A that it is purchasing from the UAW Retiree Medical Benefits Trust to satisfy existing intercompany tax liabilities it owes to Ford.
* Subject to regulatory approval, the UAW Retiree Medical Benefits Trust is providing Ford a three-year right beginning in July 2010 whereby Ford has the flexibility to pre-pay for cash, periodically during each year, all or a portion of the remaining $3.6 billion outstanding principal amount of Note B at a 5 percent discount for purchases made prior to 2012 and at a 4 percent discount for purchases made after 2011. Previously, Ford could pre-pay Note B once a year at par.
“We are very pleased with this transaction, which continues the process of diversifying the Trust’s assets at very attractive values and assists the thousands of Ford retired employees, their families and survivors and others who look to the Trust to fund their retiree health benefits,” said Samuel W. Halpern, president of Independent Fiduciary Services, Inc., the independent fiduciary and investment manager for the UAW Retiree Medical Benefits Trust.
Repayment and Reinstatement of Distributions on Trust Preferred Securities
Ford also announced today that it is paying in cash to the trustee all accrued distributions previously deferred totaling $255 million on the Trust Preferred Securities, and that it intends to resume making quarterly distribution payments starting with the payment due on July 15, 2010.
The accrued distributions will be paid by the trustee on July 15, 2010, to the holders of record of the Trust Preferred Securities on June 30, 2010. Distributions on the Trust Preferred Securities had been deferred in accordance with their terms since April 15, 2009.
Ford said its liquidity and ability to generate positive cash flow are sufficient to warrant reinstatement of the distributions on the Trust Preferred Securities.
Air & Gas Technologies Inc Announces Construction of a Liquid/Compressed Natural Gas Fueling Station at Enviro Express’s Bridgeport, CT Facility
Air & Gas Technologies (AGT) of Cliffwood Beach, NJ announces a contract with Enviro Express Natural Gas, LLC (Enviro) of Bridgeport, CT for the construction and installation of a Liquid/Compressed Natural Gas (L/CNG) fueling station on its property in Bridgeport, CT. This will be the first station of its kind east of the Mississippi River, and opens the door to future large LNG transportation infrastructure development projects similar to those in the west coast.
Through the “Connecticut Clean Cities Future Fuels Project,” Enviro partnered with the Greater New Haven Clean Cities Coalition, Inc., in association with Clean Cities of Southwestern Connecticut to receive a U.S. Department of Energy Clean Cities Award, which is funded by the American Recovery and Reinvestment Act of 2009. For more information about the project, please visit www.ct-futurefuels.com.
With this assistance, Enviro will purchase 18 new heavy-duty Kenworth LNG tractors as replacement for a majority of its existing diesel fleet. Additionally, Air & Gas Technologies, in conjunction with NorthStar LNG, of Evanston, WY will construct a state of the art on-site fueling station to dispense LNG to Enviro’s fleet of tractors, and dispense CNG for public access. Through the project, Enviro will also fuel four heavy-duty dump trucks which the City of Bridgeport will re-power with CNG engines with assistance from the same award.
The benefits of natural gas are abundant. Natural gas is a greener alternative fuel that is commercially viable, environmentally friendly and sustainable. For each Enviro diesel vehicle replaced, an estimated 28,571 gallons of petroleum will be displaced annually. Harmful particulate emissions will be reduced by 38,000 pounds annually, and due to the lighter weight of LNG fuel, individual tractor payload will be increased by 1000 pounds.
Construction is set to begin immediately, with station completion scheduled for mid-October, 2010.
Through the “Connecticut Clean Cities Future Fuels Project,” Enviro partnered with the Greater New Haven Clean Cities Coalition, Inc., in association with Clean Cities of Southwestern Connecticut to receive a U.S. Department of Energy Clean Cities Award, which is funded by the American Recovery and Reinvestment Act of 2009. For more information about the project, please visit www.ct-futurefuels.com.
With this assistance, Enviro will purchase 18 new heavy-duty Kenworth LNG tractors as replacement for a majority of its existing diesel fleet. Additionally, Air & Gas Technologies, in conjunction with NorthStar LNG, of Evanston, WY will construct a state of the art on-site fueling station to dispense LNG to Enviro’s fleet of tractors, and dispense CNG for public access. Through the project, Enviro will also fuel four heavy-duty dump trucks which the City of Bridgeport will re-power with CNG engines with assistance from the same award.
The benefits of natural gas are abundant. Natural gas is a greener alternative fuel that is commercially viable, environmentally friendly and sustainable. For each Enviro diesel vehicle replaced, an estimated 28,571 gallons of petroleum will be displaced annually. Harmful particulate emissions will be reduced by 38,000 pounds annually, and due to the lighter weight of LNG fuel, individual tractor payload will be increased by 1000 pounds.
Construction is set to begin immediately, with station completion scheduled for mid-October, 2010.
T3 Motion Introduces MotionTrak “Black Box” Vehicle Data Recording System
Costa Mesa, CA (June 29, 2010) – T3 Motion, Inc. (OTCBB: TMMM, www.t3motion.com), a leader in cost-effective, clean-technology electric vehicles, is launching a new product line with its MotionTrak 300 Series recording system. This compact, vehicle-mounted, ”black box” unit captures video and data to help optimize routes and fleet management, encourage safe and efficient driving habits, investigate accidents and simplify litigation, decrease fuel consumption, and reduce insurance costs.
Selectable by the user, data gathering by the MotionTrak system can be triggered by an event or set for constant recording. Data monitored include vehicle speed, location and g-force shocks. Built-in GPS capability is integrated with Google Maps to track precise location and provide a vehicle movement overview. The system’s small cameras can be mounted discreetly to record video footage from any viewpoint.
MotionTrak 300 offers important benefits to both commercial and consumer users.
Law enforcement agencies and insurance companies can obtain clear data on vehicle position before and after an accident, assistance in determining at-fault parties in accidents, and
vital information for accident reconstructions. Corporate and fleet management will have information to monitor employee locations, reduce accidents and related costs such as insurance, optimize routes, and track vehicles for customer service. Government agencies will see increased enforcement opportunities, data for proof of speeding, improved driving behaviors, and a reduction in the number, severity and cost of accidents.
For consumers, MotionTrak 300 will help encourage safer driving habits, which may result in improved gas mileage, reduced insurance costs and fewer accidents.
Sophisticated software enables the user to see video footage from the vehicle's perspective, overhead Google Earth location display, and numeric as well as graphical data on a single screen. The video footage can be searched frame by frame for detailed analysis. PC-based viewing software and data sharing make export quick and easy.
For further details, visit www.motiontrak.com or email sales@t3motion.com.
Selectable by the user, data gathering by the MotionTrak system can be triggered by an event or set for constant recording. Data monitored include vehicle speed, location and g-force shocks. Built-in GPS capability is integrated with Google Maps to track precise location and provide a vehicle movement overview. The system’s small cameras can be mounted discreetly to record video footage from any viewpoint.
MotionTrak 300 offers important benefits to both commercial and consumer users.
Law enforcement agencies and insurance companies can obtain clear data on vehicle position before and after an accident, assistance in determining at-fault parties in accidents, and
vital information for accident reconstructions. Corporate and fleet management will have information to monitor employee locations, reduce accidents and related costs such as insurance, optimize routes, and track vehicles for customer service. Government agencies will see increased enforcement opportunities, data for proof of speeding, improved driving behaviors, and a reduction in the number, severity and cost of accidents.
For consumers, MotionTrak 300 will help encourage safer driving habits, which may result in improved gas mileage, reduced insurance costs and fewer accidents.
Sophisticated software enables the user to see video footage from the vehicle's perspective, overhead Google Earth location display, and numeric as well as graphical data on a single screen. The video footage can be searched frame by frame for detailed analysis. PC-based viewing software and data sharing make export quick and easy.
For further details, visit www.motiontrak.com or email sales@t3motion.com.
VOLKSWAGEN ANNOUNCES VW-CERTIFIED COLLISION REPAIR FACILITY PROGRAM
HERNDON, Va., June 29, 2010 - Volkswagen of America, Inc. today announced a VW-Certified Collision Repair Facility program for U.S.
dealer-affiliated and independent body shops. This program provides VW-certification for collision repair facilities performing repairs in accordance with Volkswagen's high safety standards and specifications.
"Volkswagen is excited to partner with both dealer-affiliated and independent collision repair facilities to increase repair quality and customer satisfaction with the Volkswagen brand," said Matthew McCauley, Collision Program Manager for Volkswagen of America. "This program benefits Volkswagen owners by providing the peace of mind that comes from knowing that when a vehicle is involved in a collision, VW-Certified Collision Repair Facilities will maintain the brand's safety standards and specifications."
Volkswagen conducted a pilot with a group of fifteen repair facilities to maximize program benefits for body shops before launching the program nationally.
Technicians at Volkswagen Certified Collision Repair Facilities must undergo training in the proper use of the factory-approved repair equipment, tools, and technologies to meet Volkswagen's exact safety standards and specifications. Repair facilities must also use Volkswagen-approved tools. Volkswagen will visit repair facilities to provide annual program certification and will list VW-Certified Collision Repair Facilities as they become certified on www.vw.com.
Dealer-affiliated and independent collision repair facilities will benefit from the prestige, marketing, and increased customer retention benefits of being a VW-Certified Collision Repair Facility. Volkswagen will provide collision repair facilities access to marketing materials to promote their certified status, in addition to exclusive access to vehicle specific-, structural material-, and collision industry-training on a dedicated program website, http://www.vwparts.com/collision-parts/certified-collision-repair-facility-program/.
Volkswagen will also provide customers with free 24-hour towing of vehicles under warranty exclusively to VW-Certified Collision Repair Facilities as part of the Roadside Assistance program, when they simply call (800) 411-6688.
This program benefits Volkswagen dealers by providing them with full service capabilities for customers. Volkswagen will allow dealers to either nominate their own collision repair facility to be certified by Volkswagen or to nominate an independent collision repair facility that meets Volkswagen standards. Additionally, dealers will benefit from additional genuine Volkswagen Collision Parts sales to their sponsored collision repair facility.
Repair facilities interested in participating in this program should contact Volkswagen of America at vwcollisionparts@vw.com. Volkswagen dealerships should nominate collision repair facilities by contacting vwcollisionparts@vw.com.
Volkswagen of America, Inc.
Founded in 1955, Volkswagen of America, Inc. is headquartered in Herndon, Virginia. It is a subsidiary of Volkswagen AG, headquartered in Wolfsburg, Germany. Volkswagen is one of the world's largest producers of passenger cars and Europe's largest automaker.
Volkswagen sells the New Beetle, New Beetle convertible, Golf, GTI, Jetta, Jetta SportWagen, Passat, Passat wagon, Eos, CC, Tiguan, Touareg and Routan through approximately 600 independent U.S. dealers.
All 2010 Volkswagen models come standard-equipped with Electronic Stabilization Program. This is important because the National Highway Traffic Safety Administration (NHTSA) has called ESC the most effective new vehicle safety technology since the safety belt. Visit Volkswagen of America online at www.vw.com or www.media.vw.com to learn more.
dealer-affiliated and independent body shops. This program provides VW-certification for collision repair facilities performing repairs in accordance with Volkswagen's high safety standards and specifications.
"Volkswagen is excited to partner with both dealer-affiliated and independent collision repair facilities to increase repair quality and customer satisfaction with the Volkswagen brand," said Matthew McCauley, Collision Program Manager for Volkswagen of America. "This program benefits Volkswagen owners by providing the peace of mind that comes from knowing that when a vehicle is involved in a collision, VW-Certified Collision Repair Facilities will maintain the brand's safety standards and specifications."
Volkswagen conducted a pilot with a group of fifteen repair facilities to maximize program benefits for body shops before launching the program nationally.
Technicians at Volkswagen Certified Collision Repair Facilities must undergo training in the proper use of the factory-approved repair equipment, tools, and technologies to meet Volkswagen's exact safety standards and specifications. Repair facilities must also use Volkswagen-approved tools. Volkswagen will visit repair facilities to provide annual program certification and will list VW-Certified Collision Repair Facilities as they become certified on www.vw.com.
Dealer-affiliated and independent collision repair facilities will benefit from the prestige, marketing, and increased customer retention benefits of being a VW-Certified Collision Repair Facility. Volkswagen will provide collision repair facilities access to marketing materials to promote their certified status, in addition to exclusive access to vehicle specific-, structural material-, and collision industry-training on a dedicated program website, http://www.vwparts.com/collision-parts/certified-collision-repair-facility-program/.
Volkswagen will also provide customers with free 24-hour towing of vehicles under warranty exclusively to VW-Certified Collision Repair Facilities as part of the Roadside Assistance program, when they simply call (800) 411-6688.
This program benefits Volkswagen dealers by providing them with full service capabilities for customers. Volkswagen will allow dealers to either nominate their own collision repair facility to be certified by Volkswagen or to nominate an independent collision repair facility that meets Volkswagen standards. Additionally, dealers will benefit from additional genuine Volkswagen Collision Parts sales to their sponsored collision repair facility.
Repair facilities interested in participating in this program should contact Volkswagen of America at vwcollisionparts@vw.com. Volkswagen dealerships should nominate collision repair facilities by contacting vwcollisionparts@vw.com.
Volkswagen of America, Inc.
Founded in 1955, Volkswagen of America, Inc. is headquartered in Herndon, Virginia. It is a subsidiary of Volkswagen AG, headquartered in Wolfsburg, Germany. Volkswagen is one of the world's largest producers of passenger cars and Europe's largest automaker.
Volkswagen sells the New Beetle, New Beetle convertible, Golf, GTI, Jetta, Jetta SportWagen, Passat, Passat wagon, Eos, CC, Tiguan, Touareg and Routan through approximately 600 independent U.S. dealers.
All 2010 Volkswagen models come standard-equipped with Electronic Stabilization Program. This is important because the National Highway Traffic Safety Administration (NHTSA) has called ESC the most effective new vehicle safety technology since the safety belt. Visit Volkswagen of America online at www.vw.com or www.media.vw.com to learn more.
JASPER Offers Late-Model Duramax Running Complete Diesel Engine
Jasper Engines & Transmissions has the latest style GM 6.6L Duramax Running Complete Remanufactured diesel engine available for purchase. Until now Jasper only offered the Complete format.
This engine covers the 2006, 2007 & 2008 Silverado and Sierra pickups, Savana & Express Vans, as well as the Topkick & Kodiak applications.
“This engine is unique from the earlier model Duramax diesel in that it has a larger water pump, different block, heads, crankshaft and lower compression pistons,” says Fred Ernst, JASPER Diesel Marketing Manager. “These changes have been implemented by the manufacturer to either improve the emissions, the durability, or the overall performance of the engine.”
The GM 6.6L Duramax Running Complete is a completely remanufactured JASPER diesel engine, and includes the turbocharger, fuel injection system, common rail system and injectors, EGR valve and cooler, intake and exhaust manifolds, water outlet, fuel filter, thermostat and housing, valve covers and glow plugs. The engine is live-run dynamometer tested to assure trouble-free engine performance.
This engine is covered by a two year parts and labor warranty. For more information on this and other JASPER remanufactured products, contact us at 1-800-827-7455 or visit www.jasperengines.com.
This engine covers the 2006, 2007 & 2008 Silverado and Sierra pickups, Savana & Express Vans, as well as the Topkick & Kodiak applications.
“This engine is unique from the earlier model Duramax diesel in that it has a larger water pump, different block, heads, crankshaft and lower compression pistons,” says Fred Ernst, JASPER Diesel Marketing Manager. “These changes have been implemented by the manufacturer to either improve the emissions, the durability, or the overall performance of the engine.”
The GM 6.6L Duramax Running Complete is a completely remanufactured JASPER diesel engine, and includes the turbocharger, fuel injection system, common rail system and injectors, EGR valve and cooler, intake and exhaust manifolds, water outlet, fuel filter, thermostat and housing, valve covers and glow plugs. The engine is live-run dynamometer tested to assure trouble-free engine performance.
This engine is covered by a two year parts and labor warranty. For more information on this and other JASPER remanufactured products, contact us at 1-800-827-7455 or visit www.jasperengines.com.
Schneider National Repeats as Kimberly-Clark’s Carrier of the
GREEN BAY, Wis. – (June 29, 2010) – Schneider National, Inc., premier provider of transportation, logistics and intermodal services, has been named the 2009 Carrier of the Year by Kimberly-Clark (NYSE: KMB). This marks the second consecutive year that Schneider National was chosen to receive this prestigious award. Kimberly-Clark provides some of the world’s most recognized consumer brands serving more than 150 countries.
“Schneider is our go-to carrier, providing our entire organization with the service and value we require,” said Steve Harmon, vice president of transportation for Kimberly-Clark. “This past year alone, they exceeded our stringent service expectations for all 23 of our most critical strategic customers.”
In addition to delivering exceptional service in 2009, Schneider worked with Kimberly-Clark on several significant initiatives, including a Transportation Symposium held at one of Schneider’s Green Bay facilities. During this daylong event, hands-on learning opportunities allowed Kimberly-Clark associates to develop a deeper understanding of the trucking business. In addition, Schneider managed several large-scale promotions and provided extensive consulting regarding safety and load securement in 2009.
“Schneider National is celebrating our 75th anniversary this year, and we’ve worked in tandem with Kimberly-Clark for over 50 of those years,” said Steve Matheys, Schneider National’s executive vice president and chief administration officer. “We believe this award was achieved in part because of the mutual trust and respect we’ve developed over our long history together, and we look forward to providing them with the same stellar service for the next 50 years.”
Schneider provides global, multi-modal service (including Dedicated, Regional, Intermodal, Expedited and Van/Truckload services) to Kimberly-Clark.
About Kimberly-Clark
Kimberly-Clark and its well-known global brands are an indispensable part of life for people in more than 150 countries. Every day, 1.3 billion people—nearly a quarter of the world’s population—trust Kimberly-Clark brands and the solutions they provide to enhance their health, hygiene and well-being. With brands such as Kleenex, Scott, Huggies, Pull-Ups, Kotex and Depend, Kimberly-Clark holds No. 1 or No. 2 share positions in more than 80 countries. To keep up with the latest Kimberly-Clark news and to learn more about the company’s 136-year history of innovation, visit http://www.Kimberly-Clark.com.
About Schneider National, Inc.
Schneider National, Inc. is a premier provider of truckload, logistics and intermodal services. Serving more than two-thirds of the FORTUNE 500 companies, Schneider National offers the broadest portfolio of services in the industry. The company’s transportation and logistics solutions include Van Truckload, Dedicated, Regional, Bulk, Intermodal, Transportation Management, Supply Chain Management, Warehousing and International Logistics services.
Headquartered in Green Bay, Wis., Schneider National has provided expert transportation and logistics solutions for 75 years. A $2.9 billion company, Schneider National conducts business in more than 28 countries worldwide. For more information about Schneider National, visit www.schneider.com.
“Schneider is our go-to carrier, providing our entire organization with the service and value we require,” said Steve Harmon, vice president of transportation for Kimberly-Clark. “This past year alone, they exceeded our stringent service expectations for all 23 of our most critical strategic customers.”
In addition to delivering exceptional service in 2009, Schneider worked with Kimberly-Clark on several significant initiatives, including a Transportation Symposium held at one of Schneider’s Green Bay facilities. During this daylong event, hands-on learning opportunities allowed Kimberly-Clark associates to develop a deeper understanding of the trucking business. In addition, Schneider managed several large-scale promotions and provided extensive consulting regarding safety and load securement in 2009.
“Schneider National is celebrating our 75th anniversary this year, and we’ve worked in tandem with Kimberly-Clark for over 50 of those years,” said Steve Matheys, Schneider National’s executive vice president and chief administration officer. “We believe this award was achieved in part because of the mutual trust and respect we’ve developed over our long history together, and we look forward to providing them with the same stellar service for the next 50 years.”
Schneider provides global, multi-modal service (including Dedicated, Regional, Intermodal, Expedited and Van/Truckload services) to Kimberly-Clark.
About Kimberly-Clark
Kimberly-Clark and its well-known global brands are an indispensable part of life for people in more than 150 countries. Every day, 1.3 billion people—nearly a quarter of the world’s population—trust Kimberly-Clark brands and the solutions they provide to enhance their health, hygiene and well-being. With brands such as Kleenex, Scott, Huggies, Pull-Ups, Kotex and Depend, Kimberly-Clark holds No. 1 or No. 2 share positions in more than 80 countries. To keep up with the latest Kimberly-Clark news and to learn more about the company’s 136-year history of innovation, visit http://www.Kimberly-Clark.com.
About Schneider National, Inc.
Schneider National, Inc. is a premier provider of truckload, logistics and intermodal services. Serving more than two-thirds of the FORTUNE 500 companies, Schneider National offers the broadest portfolio of services in the industry. The company’s transportation and logistics solutions include Van Truckload, Dedicated, Regional, Bulk, Intermodal, Transportation Management, Supply Chain Management, Warehousing and International Logistics services.
Headquartered in Green Bay, Wis., Schneider National has provided expert transportation and logistics solutions for 75 years. A $2.9 billion company, Schneider National conducts business in more than 28 countries worldwide. For more information about Schneider National, visit www.schneider.com.
Snap-on's "More Answers, Faster" Contest & Sweepstakes
LINCOLNSHIRE, Ill., June 28, 2010 – Snap-on announces the “More Answers, Faster” contest and sweepstakes for U.S., Canada (except Quebec) and Puerto Rico, running through July 30, 2010. To participate, simply send in your story about how your Snap-on diagnostics platform and software give you the answers you need to get the job done and you could win $1,000, $500 or $250.
In 100 words or less, participants are asked to describe a diagnostic and vehicle repair problem, and how Snap-on Diagnostic domestic and Asian bundle software or optional European software solved the problem, with technical detail (testimonial).
The top three testimonials will be awarded one of three prizes: grand prize: $1,000; 2nd prize: $500; 3rd prize: $250. In addition, the first 100 customers who send in their stories will receive a $50 Snap-on certificate.
“How does getting more answers faster help you? Whether you’re a technician or shop owner, we’re looking for people who use Snap-on diagnostic tools every day and have a great story to tell about it,” said Bill Bruno, vice president of marketing for Snap-on Diagnostics. “The ‘More Answers, Faster’ contest and sweepstakes is our opportunity to thank you for being a loyal customer and sharing your story.”
For information or official contest rules, contact your Snap-on representative or visit http://diagnostics.snapon.com/answers
About Snap-on Diagnostics:
Snap-on Diagnostics is part of Snap-on Incorporated, leading global innovator, manufacturer and marketer of tool, diagnostic and equipment solutions for professional tool users. Products are sold through its franchised dealer van, company-direct sales and distributor channels, as well as over the Internet. Founded in 1920, Snap-on is headquartered in Kenosha, Wisconsin.
In 100 words or less, participants are asked to describe a diagnostic and vehicle repair problem, and how Snap-on Diagnostic domestic and Asian bundle software or optional European software solved the problem, with technical detail (testimonial).
The top three testimonials will be awarded one of three prizes: grand prize: $1,000; 2nd prize: $500; 3rd prize: $250. In addition, the first 100 customers who send in their stories will receive a $50 Snap-on certificate.
“How does getting more answers faster help you? Whether you’re a technician or shop owner, we’re looking for people who use Snap-on diagnostic tools every day and have a great story to tell about it,” said Bill Bruno, vice president of marketing for Snap-on Diagnostics. “The ‘More Answers, Faster’ contest and sweepstakes is our opportunity to thank you for being a loyal customer and sharing your story.”
For information or official contest rules, contact your Snap-on representative or visit http://diagnostics.snapon.com/answers
About Snap-on Diagnostics:
Snap-on Diagnostics is part of Snap-on Incorporated, leading global innovator, manufacturer and marketer of tool, diagnostic and equipment solutions for professional tool users. Products are sold through its franchised dealer van, company-direct sales and distributor channels, as well as over the Internet. Founded in 1920, Snap-on is headquartered in Kenosha, Wisconsin.
GE Capital Fleet Services Adds New Features to Online Vehicle Ordering Product
Eden Prairie, Minn. – June 28, 2010 – GE Capital Fleet Services today announced a new set of features for its Online Vehicle Ordering product designed to further automate and streamline the ordering process and enable fleet managers and drivers to work more efficiently.
GE Capital Fleet Services’ online ordering system is available to customers 24 hours a day, 7 days a week through a secured customer website, my.FleetOffice on gefleet.com.
The new version of the Online Vehicle Ordering product offers the following key enhancements:
• Automated notification: When ordering specifications or vehicle selectors need to be updated due to manufacturer data changes, users can choose to receive e-mails notifying them of the changes.
• On-screen notification: This new feature is available to users when manufacturer data changes. The new layout and expanded data will itemize changes in price and vehicle options/packages.
• Vehicles images on configuration screens: On-screen images enable customers to know what the vehicle looks like before purchasing.
“In today’s competitive environment, we understand that trimming minutes off a task or process can have a significant impact on our customers’ bottom line,” said Carrie Miller, vice president vehicle lifecycle services at GE Capital Fleet Services. “At GE Capital Fleet Services, we strive to provide products and services that help our customers grow. We continue to add more functionality to make the ordering experience even more efficient for fleet managers and drivers.”
In addition to the notification and vehicle imaging enhancements, GE Capital Fleet Services enhanced the print and PDF options to include all detailed option codes to help ensure fleet managers have the appropriate options selected before ordering. Option codes were also added to all appropriate screens to help make vehicle validation easier and faster for fleet managers. Another time-saving feature is the net equipment view option, which provides users a single view of the equipment without having to compare the standard and the optional features that are available for a particular vehicle.
About GE Capital, Fleet Services
GE Capital, Fleet Services, based in Eden Prairie, Minn., is a global fleet management company with operations in the United States, Canada, Europe, Japan, Australia and New Zealand. Visit the Web site at www.gefleet.com or follow company news via Twitter (@GEFleetSvcs).
GE Capital offers consumers and businesses around the globe an array of financial products and services. For more information, visit www.gecapital.com or follow company news via Twitter (@GECapital). GE (NYSE: GE) is a diversified infrastructure, finance and media company taking on the world’s toughest challenges. GE operates in more than 100 countries and employs about 300,000 people worldwide. For more information, visit www.ge.com.
GE Capital Fleet Services’ online ordering system is available to customers 24 hours a day, 7 days a week through a secured customer website, my.FleetOffice on gefleet.com.
The new version of the Online Vehicle Ordering product offers the following key enhancements:
• Automated notification: When ordering specifications or vehicle selectors need to be updated due to manufacturer data changes, users can choose to receive e-mails notifying them of the changes.
• On-screen notification: This new feature is available to users when manufacturer data changes. The new layout and expanded data will itemize changes in price and vehicle options/packages.
• Vehicles images on configuration screens: On-screen images enable customers to know what the vehicle looks like before purchasing.
“In today’s competitive environment, we understand that trimming minutes off a task or process can have a significant impact on our customers’ bottom line,” said Carrie Miller, vice president vehicle lifecycle services at GE Capital Fleet Services. “At GE Capital Fleet Services, we strive to provide products and services that help our customers grow. We continue to add more functionality to make the ordering experience even more efficient for fleet managers and drivers.”
In addition to the notification and vehicle imaging enhancements, GE Capital Fleet Services enhanced the print and PDF options to include all detailed option codes to help ensure fleet managers have the appropriate options selected before ordering. Option codes were also added to all appropriate screens to help make vehicle validation easier and faster for fleet managers. Another time-saving feature is the net equipment view option, which provides users a single view of the equipment without having to compare the standard and the optional features that are available for a particular vehicle.
About GE Capital, Fleet Services
GE Capital, Fleet Services, based in Eden Prairie, Minn., is a global fleet management company with operations in the United States, Canada, Europe, Japan, Australia and New Zealand. Visit the Web site at www.gefleet.com or follow company news via Twitter (@GEFleetSvcs).
GE Capital offers consumers and businesses around the globe an array of financial products and services. For more information, visit www.gecapital.com or follow company news via Twitter (@GECapital). GE (NYSE: GE) is a diversified infrastructure, finance and media company taking on the world’s toughest challenges. GE operates in more than 100 countries and employs about 300,000 people worldwide. For more information, visit www.ge.com.
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