Truck Parts and Service | Heavy Duty Trucking, Aftermarket, Service Info
Issue link: http://read.dmtmag.com/i/256915
6 HDAW News Bob Phillips, chairman and CEO at Phillips Industries, has been inducted into the Heavy Duty Aftermarket Hall of Fame. A 50-year veteran of the commercial vehicle market, Phillips was honored for his impressive career at his fourth-generation family company. The award was presented by IHS Automotive during the opening general session of Heavy Duty Aftermarket Week (HDAW) Tuesday in Las Vegas. "I want to thank you all, my friends, and thank the trucking industry for this," says Phillips. During his career, Phillips Industries has grown into a worldwide commercial vehicle manufacturer. The company now sells products in more than 40 countries, Phillips says, and constantly strives to build innovative products to improve the commercial vehicle marketplace. He's also worked to set his business up to continue its growth in the future by building a succession plan for his sons. Rob Phillips is now the president at Phillips Industries and Dave is the executive vice president. "Today we're a family business and tomorrow we'll be a family business," says Bob Phillips. "That's something we're proud of." T R U C K P A R T S & S E R V I C E | F e b r u a r y 2 0 1 4 Phillips Industries leader named to Hall of Fame Gary Meteer with IMS Automotive awards the Aftermarket Hall of Fame award to Bob Phillips during the opening general session at Heavy Duty Aftermarket Week. Stu MacKay, president at MacKay & Co., bookended this year's Heavy Duty Af- termarket Dialogue event Jan. 27 in Las Vegas with a presentation showing the state of the aftermarket closing 2013 and entering 2014. According to MacKay, Class 8 utiliza- tion has hovered at 83 percent since 2010. MacKay is projecting that number increases to 84.4 percent in 2013, climb- ing as high as 84.9 percent in 2017. Aftermarket demand also appears to be strong. Total U.S. aftermarket sales were up 2.9 percent in 2013 to $22.7 billion in sales. MacKay says his projec- tions show 2014 coming in even higher at $23.5 billion. Business is even better up north. Canadian fl eet utilization stood at 84.3 percent in 2013 and is projected to rise to 84.7 percent this year and 86.4 percent by 2017. MacKay says sales also are expected to rise from $3.5 billion to $3.7 billion this year. And all of this growth is coming with less total vehicles on the road. "The market is becoming more and more effi cient," MacKay notes in his projections. "It is taking about 73 percent fewer Class 6-7 and 46 percent fewer Class 8 trucks to move the same value of goods (in nominal dollars) compared to the marketplace in the 1970s. But as his numbers show, less equip- ment does not equate to less sales. With utilization and average annual miles slowly rising, MacKay still anticipates the aftermarket to grow by 3.3 percent in 2014. MacKay presents 2014 aftermarket outlook WABCO Reman Solutions has been named the 2014 Heavy Duty Remanufacturer of the Year. The award was presented Jan. 27 at the APRA's Heavy Duty Reman Summit in Las Vegas. "WABCO is very honored to be given this award," says Salvador Munoz Zarate, product line leader at WABCO Reman Solutions. WABCO Reman Solutions entered the North American remanufacturing market in 2010. Since its in- ception the company has been an active member of the Automotive Parts Remanufacturers' Association (APRA) in its remanufacturing brake operations and has four remanufacturing locations. WABCO wins remanufacturing award