The joint boards of the Equipment Dealers Association (EDA), the Midwest-SouthEastern Equipment Dealers Association (MSEDA), the United Equipment Dealers Association (UEDA) and the Western Equipment Dealers Association (WEDA) have voted to move forward with a proposal that would consolidate the four associations. This action is the first step towards consolidating which requires a vote by dealer members of each association, which should be completed in spring 2022.
The ELD rule will require equipment dealers to install ELDs in all their commercial vehicles in place of written logs for tracking hours of service (HOS) for each 24-hour period beginning Dec. 18, 2017.
Equipment Dealer Consulting, LLC, the certified public accounting firm affiliated with Western Equipment Dealers Assn. (WEDA), has released the 2017 Cost of Doing Business Study.
Ten trade associations representing approximately 6,000 farm, industrial and outdoor power equipment dealers in North America have requested a 5-year renewable exemption from the Electronic Logging Device (ELD) rule for equipment dealers.
I would be surprised if you have not heard the old saying “Failing to plan is planning to fail.” It may be tired but it is so true. Whether in your business life or home life, planning is critical to get to the spot you wish to be. The other part of planning is that it must be constant.
“This year, given all the changes and the excess supply of commodities, will probably be the hardest ever to figure out,” says Ann Duignan, U.S. machinery analyst and managing director of New York-based J.P. Morgan. “2017 is going to be a very interesting year.”
The newly formed association will be called the United Equipment Dealers Assn. (UEDA) and will represent 747 members in four states including: Indiana, Kentucky, Michigan and Ohio.
In this episode of On the Record, brought to you by Associated Equipment Distributors, we look at AGCO’s plans for its precision business and its 2029 targets. In the Technology Corner, Noah Newman talks with Eis Implement’s precision team. Also in this episode, the interest savings dealers could see with the latest rate cut by the Fed and a look at the used 100+ horsepower tractor market.
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