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TTDA NEWS


New TTDA member benefit
TTDA
TTDA is happy to announce a new partnership with OfficeMax that will provide our members a great discount on purchases from OfficeMax. Here are the details, and if you have any questions please call the TTDA Headquarters at 800-844-8748 or call John Schafer with OfficeMax listed below.

This is your "Retail Connect Card":
  • Print this out and take it to the Print Counter of any OfficeMax retail store and they will cut it out and laminate it for you for free.
  • When this card is presented to the cashier at any of our 900-plus retail stores, you will receive your Commercial Pricing for all contracted items purchased as well as a discount on print services.
  • Our retail stores run different specials every week, not unlike grocery stores. Should they be running a special on an item with a price lower than our Commercial Price, you will get the lowest price.
  • Items bought through the retail store must be paid for PERSONALLY at the time of purchase.
  • No purchases can be billed to your account with this card.

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INDUSTRY NEWS


Old tires become material for new and improved roads
National Science Foundation
Americans generate nearly 300 million scrap tires every year, according to the Environmental Protection Agency. Historically, these worn tires often end up in landfills or, when illegally dumped, become breeding grounds for disease-carrying mosquitoes and rodents. They also pose a potential fire hazard. In recent years, however, interest has been growing in finding new, beneficial and environmentally friendly uses for discarded tires.
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The SBA just made it a little easier to secure a loan
The Washington Post
Small business loans are hard to come by these days. Not as hard to come by as they were during the recession, but still more elusive than before the economy collapsed. The Small Business Administration just tried to make it a little bit easier. The agency, which supports billions of dollars in small-business lending each year, recently implemented several new rules easing and eliminating some of the restrictions on its most popular loan programs. In large part, the revisions are meant to simplify the application process for small-business borrowers and give banks more flexibility in the way they structure their loan products.
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FEATURED ARTICLE
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Texas unemployment rate dips to 5.5 percent
The Gilmer Mirror
The seasonally adjusted unemployment rate in Texas fell to 5.5 percent in March, down two-tenths of a percentage point from February's rate of 5.7 percent. The unemployment rate in Texas remains well below the national rate of 6.7 percent. Employers in Texas added 9,100 jobs in March for a total of 310,000 jobs added over the year.

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Half of US drivers don't recognize tire-pressure warning light
The Washington Post
Driving with properly inflated tires makes cars safer and more efficient, and tire pressure monitoring systems are designed to help alert drivers to underinflated tires. The only problem is that a study funded by Shrader International found that 42 percent of drivers are unable to identify the low-tire-pressure warning light in the gauge cluster.

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Dealers: Emphasize pre-employment screening
Tire Business
In a world where one bad tire repair can cost a dealer millions of dollars, it's imperative that tire and service shops implement and follow pre-employment screening policies, said Kevin Rohlwing, senior vice president of training for the Tire Industry Association. "I think there's a lot more pre-employment screening today than there was 10 years ago," he told Tire Business.

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Honda issues recall for Civics
Rubber News
American Honda Motor Co. Inc. is voluntarily recalling 9,817 2014 Honda Civic LX cars to inspect the original equipment tires for possible tears in the bead area, the auto maker announced. All tires with torn beads will be replaced free of charge, American Honda said in a March 29 notice on its website. The potential tears occurred when a supplier accidentally pinched the tire beads between the assembly equipment and the steel wheel rims while assembling the tires to the rims, the company said. Tire bead tears may create rapid air loss and tire failure, it said.
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US gasoline prices rise to 13-month high
Bloomberg
The average price for regular gasoline at U.S. pumps jumped 8.5 cents in the past two weeks to a 13-month high of $3.6918 a gallon, according to Lundberg Survey Inc. Prices are the highest since March 22, 2013. The average is 15.55 cents higher than a year ago, Lundberg said. Gasoline has risen 39.74 cents a gallon since bottoming out in February and is up 43 cents this year. "The most important factor right now in this rise is crude oil, which rose by a very similar amount to the street-price move," said Trilby Lundberg, president of Lundberg Survey. "From here, we will probably see very little increase, if any, with the big caveat of course being crude. If crude prices climb even higher, then this may not be the peak."
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Looking for similar articles? Search here, keyword(s): Automotive trends.


$60,000 in wheels, tires stolen from Tyler business
KETK-TV
Tyler Police recently responded to Wagner Cadillac located at 4100 S. Broadway in reference to a report of numerous wheels and tires stolen from vehicles in their parking lot. Upon further investigation it was determined that the suspects had jacked up 20 Cadillac's and removed 20" chrome wheels and tires from assorted Cadillac's. Management estimated the loss at around $60,000 not including property damage. It appeared that the suspects were well organized and did not take long to remove the wheels and tires.
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Top retreaders invest to add capacity
Modern Tire Dealer
Retreaders made about the same amount of retreads and sold them at higher prices in 2013. According to Modern Tire Dealer market data, production rose slightly to 14.9 million units, just 100,000 more than in 2012, while retread pricing rose 9.6 percent year-over-year. The improved pricing on relatively unchanged supply suggests demand is up. Even so, "cautious optimism" describes retreaders' outlook for 2014, according to David Stevens, managing director of the Tire Retread & Repair Information Bureau.
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TRENDING ARTICLES
Missed last week's issue? See which articles your colleagues read most.

    Defining touring tires (Modern Tire Dealer)
Many recalled vehicles go unrepaired (Bloomberg via Tire Business)
Higher mile warranties and other industry trends (Tire Business)

Don't be left behind. Click here to see what else you missed.


Texas program for low-cost financing of water, energy conservation projects nears launch
PRNewswire via MarketWatch
Local governments, lenders, manufacturers, engineers, contractors and commercial property owners are being asked for input on the final draft of policies, processes and documents for use in launching the Property Assessed Clean Energy program throughout Texas. The PACE financing program, which was signed into law by Gov. Rick Perry last June, allows commercial, industrial and multi-family property owners to obtain low-cost, long-term private sector financing for water conservation and energy-efficiency improvements to their properties.
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The world's leading tire manufacturers are turning to synthetic biology
The Motley Fool
The U.S. Environmental Protection Agency has made tremendous strides in reducing scrap tire stockpiles in the past 20 years. In 1992 there were over 1 billion scrap tires in the United States, but that number plummeted to just 128 million in 2007. While solid used tires are not considered hazardous waste by the U.S. EPA, tire piles pose a significant risks. Engineers have tackled the problem with creativity — recycling tires into various petroleum products, sound barriers for highways, flooring for playgrounds, turf for athletic fields, and more. That's a good start, but there's still one scrap tire for every American household.
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TTDA Today
Colby Horton, Vice President of Publishing, 469.420.2601
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Lisa Smith, Senior Content Editor, 469.420.2644 
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