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Truck Equipment Glossary - V

VCG Abbreviation for Vertical Center of Gravity, the point at which half of the gross weight is above and half is below. See Center of Gravity. Vehicle Equipment Safety Commission The Commission established pursuant to...

June 22, 2024

Member News

Fontaine Modification acquires ProBilt Services of Denton, Texas

Fontaine Modification (Charlotte, North Carolina) acquired ProBilt Services, an upfitter located just three miles from Peterbilt’s Denton, Texas, truck manufacturing facility. With the acquisition, Fontaine is expanding...

February 26, 2025

Truck Equipment Glossary - M

Maintenance Lease Sometimes called Fix Cost Leasing. The leasing company provides insurance and all maintenance and covers depreciation. Manufacturer Individual company engaged in the manufacturing or assembling of motor...

June 22, 2024

Excise Tax Enquirer

Applying FET to spare/replacement parts and accessories

From an NTEA member For purposes of the Internal Revenue Code (IRC) Section 4051 Federal Excise Tax (FET), if we buy a new taxable truck chassis and, at the same time, buy a spare chassis part/accessory for that chassis...

November 1, 2025

Federal Excise Tax (FET) Implications

Industry News

An appropriate time to discuss flood insurance

With current extreme weather conditions in many areas of the United States, I understandably have received many phone calls and inquiries recently about flood insurance. Most callers wonder if they currently have flood...

April 1, 2022

Risk Mitigation

Industry News

Flood insurance

With recent devastating weather conditions in central and eastern states, now seems like a good time to talk about flood insurance. Understandably, I’m receiving many phone calls and inquiries about flood insurance, with...

June 21, 2019

Industry News

An appropriate time to discuss flood insurance

With the devastating conditions brought on by recent Hurricanes Harvey and Irma, now is a good time to talk about flood insurance. Understandably, many companies are inquiring about whether or not their property policies...

October 3, 2017

Risk Mitigation

Excise Tax Enquirer

Taxability of refuse packer truck bodies and the suitable for use test

Is it correct that no refuse packer body is subject to Federal Excise Tax (FET)?

January 3, 2022

Legislative

Bill 81, An Act to amend various provisions relating to the environment

On May 28, 2025, the Government of Quebec officially adopted Bill 81, An Act to amend various provisions relating to the environment , which includes the introduction of a zero emission vehicle (ZEV) sales mandate for...

July 11, 2025

Hino Trucks

May 15, 2025

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