NTEA 2020 YEAR IN REVIEW
FROM THE NTEA’S NEWSDESK
From December 2019 to December 2020, the world changed more than anyone anticipated and with that it brought us extraordinary opportunities. As our daily and weekly plans twist and turn due to pandemic implications, know that our goal is to continue to serve our members as a unified organization, speaking with one voice. We will continue to be your industry resource through virtual events, online learning and digital resources.
To learn more about the benefits of membership, including discounts on events and products, visit ntea.com/memberbenefits.
2020 BY THE NUMBERS (AS OF 12/11/20)
- 2,000+ NTEA members
- Representing a $126 billion industry (projected sales of trucks, trailers, buses and truck equipment for 2020)
- 13,600+ Work Truck Show 2020 attendees
- 170+ new NTEA members in 2020
- 575 WorkTruckCert subscribers
- 270+ Member Verification Program companies
- 12 issues of NTEA News (print and digital)*
- Unlimited job postings*
- 4 OEM Quarterly Chassis Reports*
- Unlimited access to NTEA’s technical services hotline*
- 4 industry and economic outlook forecasts*
- Monthly webinars*
FEDERAL EXCISE TAX GUIDE
NTEA updated Federal Excise Tax Guide, which shares a comprehensive look at the 12% tax that applies to work trucks, tractors and trailers.*
Pre-printed colored certification labels transitioned from Shop NTEA to WorkTruckCert’s marketplace.*
New functionality launched in April 2020 allow users to be grouped under their parent company, making it easy to stay connected.
FLEET PURCHASING OUTLOOK
The eighth annual report was released, giving the entire work truck industry perspective on anticipated purchasing intent and areas of greatest interest to fleet managers.*
NTEA ensured access to the latest news, OEM production changes and North American government regulations.
NTEA introduced a special fleet-focused webinar series to further support work truck industry employee education and training.*
Over 1,362 people attended 20 webinars offered by NTEA and partners.*
2,309 TE101 and TE201 registrations.*
GREEN TRUCK ASSOCIATION
Green Truck Association, an NTEA affiliate division, celebrated its 10th anniversary.
COMMERCIAL VAN OVERVIEW AND MARKET DATA INSIGHTS
A newly updated report highlights the commercial van segment and its influence on work truck industry dynamics.*
ANNUAL MANUFACTURERS’ SHIPMENTS SURVEY
The 21st edition, released in the fall, offers the industry a data source to estimate market size in terms of dollars and units for 77 product lines.*
The industry celebrated the 20th anniversary of The Work Truck Show®, held March 3–6, 2020, in Indianapolis, Indiana.*
NTEA hosted Virtual Truck Product Conference featuring new model year updates from seven leading OEMs.*
In October, NTEA hosted a virtual Executive Leadership Summit Macro & Market Forecasts. Attendees gained insights into the North American macroeconomic forecast and work truck industry overview and end use market forecasts.*
BUSINESS CONDITIONS REPORT: SPECIAL EDITION – IMPACTS OF COVID-19
Released as a free industry resource to help distributors and manufacturers better anticipate the upcoming market and gain insights into expectations regarding hiring, sales levels and business strategies.*
FINANCIAL BENCHMARKING REPORT
NTEA and Benchmark Analytics published a Financial Benchmarking Report helping companies analyze internal and external financial data to help companies become more efficient and enhance productivity.*
To make it as easy as possible to manage your membership, NTEA offers online tools enabling main member contacts to update their company records and renew membership online. In 2020, the Association introduced the ability to change NTEA News subscription preferences.
*Free or discounted for NTEA members
Membership means business. Review more resources always available to you and your team.