During a revision of ASTM standard F1667 a few years back, ring shank nails were removed from the standard and were subsequently dropped from recent editions of the National Design Specification (NDS) for Wood Construction. Now, thanks to the work of the NFBA T&R Committee under the lead of Patrick M. McGuire, P.E. and with special effort on his part, the ring shank nails are acknowledged by the American Wood Council of the American Forest & Paper Association, keepers of the NDS.
In a just released update to the NDS in the form of NDS Design Aid No. 4, ring shank nails are making their return to the NDS under the new name of "Post Frame Ring Shank Nails". The design aid contains design values for single shear connections to supplement Table 11N (wood to wood) and Table 11P (steel plate to wood). The design aid can be found at http://www.awc.org/pdf/DA4-RingShank.pdf
The NFBA T&R committee has been prioritizing this issue pretty highly in recent years to not only reinstate the nails as part of the standard but also to re-evaluate the design values that were allowed for these nails, believing that specific testing and research will result in more accurate and higher allowable loads for both shear and withdrawal values for use in design.
So, although this release of Design Aid No. 4 is a significant step, the design values it contains are limited to shear values only and these are not significantly higher than a similarly sized common nail. Testing currently being performed for the NFBA should provide the basis for justifying higher allowable shear loads and also the withdrawal values in future editions of the NDS.