Navistar Names New President, Truck and Parts

Navistar International promoted Michael Cancelliere to president, Truck and Parts, effective July 1. He replaces Bill Kozek, who will move on to a planning role focused on emerging industry opportunities, focusing on vehicle electrification and potential disruptive technologies.

In addition, Bernardo Valenzuela is returning to the company in the newly created role of vice president of Export, and president of Mexico and Global Operations.

"These leadership and structural changes will bring even greater focus to several critical revenue areas of our business," said Troy Clarke, Navistar chairman, president and CEO. "They represent another important step on our journey toward sustainable profitability through growth and expansion in our core and select global markets."

Cancelliere will oversee all aspects of the company's truck and parts business. Most recently, he served as senior vice president, Global Parts and Customer Service, a business he most recently led to three consecutive years of record profits, noted the company in its announcement. Cancelliere, who has been with the company for more than 37 years in a variety of truck and parts sales leadership positions, will report to Persio Lisboa, executive vice president and chief operating officer.

Valenzuela is rejoining Navistar and will be responsible for the company's Mexico and export markets, as well as overseeing the company's global operations in South America and Asia, reporting to Lisboa. Valenzuela spent 16 years at Navistar, working in roles of increasing responsibility across its export and Mexico businesses. He served as vice president of global trucks sales from 2008 to 2014, before leaving and founding Terranova GTS LLC, a developer and distributor of specialty commercial vehicles, primarily serving customers in Mexico and Latin America markets.

Kozek will focus on vehicle electrification and potential disruptive technologies, and he will report into Clarke.

"Bill stepped in during a challenging time for our company four years ago, ...Read the rest of this story

Spot Truckload Rates, Demand for Trucks Remain High

The number of posted loads gained 2.5% while truck posts dipped 1.2% on the spot truckload market during the week ending June 24, according to DAT Solutions and its network of load boards.

Severe weather disrupted freight movement in the South but load-to-truck ratios were solid as shippers prepared for both the end of a quarter and the last full week before the July 4 holiday.

Vans increased 6.6% to 5.5 loads per trucks while reefers fell 14% to 10.4 loads per truck. The flatbed ratio declined 6% to a still extraordinarily high 41.8 loads per truck.

Overall spot truckload rates held steady even though surcharges are on the decline. On-highway diesel fell 2 cents to a national average of $2.47 per gallon.

Nationally, the number of posted van loads jumped 5% while truck posts fell 1%. The average van rate was unchanged for the second straight week at $1.79 per mile, 10 cents higher than the average for May.

Major markets in the Southeast saw a surge in rates last week, due partly to the weather. Van freight from Atlanta is drawing the nation's highest outbound average spot rate at $2.29 per mile, up 10 cents compared to the previous week.

Average outbound rates from Chicago added 4 cents to an average of $2.08 per mile. Chicago-Los Angeles rose 22 cents to $1.31 per mile, a surprise given how the lane is rail-competitive.

St. Louis and Laredo, Texas, were also hot with thousands of daily load posts and a shortage of available trucks for all trailer types.

Reefer load posts increased 10% while truck posts fell 4%. The national average rate was up a penny to $2.12 per mile, and rates rose on 41 of the top 72 reefer lanes compared to only 27 in the previous week.

Atlanta was also a hot market for reefers thanks to ...Read the rest of this story

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Navistar International Corporation today promoted Michael A. Cancelliere to president, truck and parts, effective July 1, 2017. He will replace William R. Kozek, who will assume a planning role focused on emerging industry opportunities. Navistar also announced that Bernardo Valenzuela is returning to the company in the newly created role of vice president of export, and president of Mexico and Global Operations.

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