NTEA Annual Report Highlights Accomplishments
May 15, 2008 9:16 AM
"Helping Today. Thinking Tomorrow" highlights the National Truck Equipment Association's (NTEA) objectives and accomplishments for its members and the industry that are summarized in the recently published 2007 Annual Report: State of the Association.
"The Association continues to serve as a key resource to the work truck and trailer industry, offering programs and services that will help advance industry growth and offer members benefits to strengthen their business", said Jim Carney, NTEA executive director.
As the NTEA continues to expand its membership and industry services, it has achieved many successes and accomplishments. Among the most recent achievements and successes are:
* NTEA.com Redesigned: The goal of redesigning www.ntea.com was to build even greater connectivity between suppliers,
distributors and their customers. New features include site-wide
search; the ability of users to create and change their own user ID
and password; and a members-only "Networking Directory"
that shows a list of all company contacts, job titles, addresses, and
phone and fax numbers. Additional new features will be added in
the near future.
* North American Truck Equipment Industry Outlook and Strategy Report:
The NTEA commissioned Acclaro Growth Partners to conduct a
major marketplace study to determine factors shaping the industry,
how the industry is changing and what the implications are for truck
equipment firms. This important resource is a critical planning tool
for all industry firms to ensure successful growth and development.
* Work Truck Show: Continuing to serve as the industry's leading
event, the 2008 Work Truck Show boasted more than 7,200
attendees, a record-breaking 538 industry suppliers and 40
educational sessions. Dozens of new products were unveiled
amidst the 450,000 sq. ft. of equipment displays. As the show
expands, so does the recognition of the event. The NTEA has
support from 15 leading trade associations and on-site coverage
from 85 trade media editors representing numerous publications.
* The Member Verification Program (MVP): The Program
recognizes members that have implemented sound business
practices and met certain regulatory standards demonstrating their
commitment to excellence. To date, 363 companies have achieved
MVP status and the program keeps growing.
* iLumen Financial Benchmarking Tool: The NTEA joined
iLumen Financial Network in offering members a computer-based
financial benchmarking service. It allows firms to input their data
and then access a proprietary financial dashboard to see how their
operations have performed over time and in comparison to other
businesses in the industry. This valuable tool is being underwritten
by the NTEA for the first 100 companies who sign up participate.
(An estimated $395 value)
* Washington, DC, Action: The NTEA secured specific provisions
for the work truck industry in the comprehensive energy bill signed
into law in December 2007.
The energy law mandates significant fuel economy provisions for motor vehicle manufacturers. As a result of the NTEA's efforts the law includes language addressing the unique concerns of final-stage work truck producers. The NTEA is continuing its efforts at the National Highway Traffic Safety Administration (NHTSA) to secure regulatory relief for companies required to file quarterly early warning reporting (EWR) data; filed comments with NHTSA on a proposal to amend Federal Motor Vehicle Safety Standards 403/404 on platform lighting requirements and requested that NHTSA increase the safe-harbor weight limits for the cargo carrying capacity labels.
To read more about the accomplishments, programs and services of the NTEA, you can download a free copy of the NTEA 2007 Annual Report: State of the Association by visiting www.ntea.com and click on Association, Member Resources, or call 1-800-441- NTEA (6832).
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