Posted Oct 28 2014 9:13 PM by
The national average price for a gallon of diesel fell to $3.64, the lowest since February 2011. Fuel is the single largest expense for truckers, who’ve seen the average cost per mile increase each year since 2010, based on the results of the American Transportation Research Institute’s report, An Analysis of Operational Costs of Trucking. In an industry with continued tight capacity and a driver shortage, this could mean great things for companies that can successfully seat their fleet.
Posted Oct 27 2014 12:00 PM by
Patrick Tamm, president and CEO of the Indiana Restaurant & Lodging Association, joins us to discuss a variety of issues affecting restaurant profitability, and he explains how restaurant associations are working to impact these issues.
Posted Oct 21 2014 8:35 PM by
Seating trucks with quality drivers continues to be one of the biggest problems for most trucking companies. The industry continues to experience a driver shortage, anywhere from 25,000 – 35,000 drivers depending on where you look. Truckload Carriers Association chairman Shepard Dunn spoke recently on the topic at the American Trucking Associations annual Management Conference.
Posted Oct 21 2014 12:00 PM by
You could easily wonder if Jay Benjamin’s favorite Beatles song is “Taxman.” When Katz, Sapper & Miller’s estate and tax planner is not busy advising the firm’s clients, he enjoys listening to all of his favorite Fab Four songs and adding to his impressive collection of Beatles records and memorabilia.
Posted Oct 14 2014 6:01 PM by
The American Transportation Research Institute (ATRI) recently released the 2013 update of their report, An Analysis of Operational Costs of Trucking. The average marginal cost per mile (CPM) increased 2.5% to $1.67 during 2013.
Posted Oct 8 2014 8:30 PM by
According to a recent Wall Street Journal MarketWatch article, the number of jobs being filled in the U.S. each month is lagging behind an increase in job openings for the first time in more than a decade. Randall Stephenson, CEO of AT&T, says, “The main issue that businesses face today is a skillset mismatch.” The jobs that seem to be most lacking in qualified workers are those requiring technical skills in the math and science fields.
Posted Sep 29 2014 7:22 PM by
The results from the inaugural Katz, Sapper & Miller (KSM) and McLeod Software (McLeod) trucking industry benchmarking survey are now available. The survey was designed to answer the vital need in the trucking industry for solid and comprehensive benchmarking data. The value of extensive and expertly-analyzed data on the business practices common to a particular industry is well-established, yet the freight transportation industry lags behind other major industries in achieving this milestone. KSM and McLeod have begun the work of collecting and analyzing data from trucking companies, and this report offers the first look at the information that can be gained from this process.
Posted Sep 26 2014 7:34 PM by
The popularity of "office" jobs within the manufacturing sector is growing. A survey released by the Graduate Management Admission Council (GMAC) indicated MBA graduates who seek positions in the manufacturing and healthcare industries were more likely to receive early job offers than those applying in other industries.
Posted Sep 23 2014 6:22 PM by
The McKinsey Global Institute (MGI) recently identified 3-D printers as a future disruptive technology that will “transform life, business, and the global economy.” MGI estimates that the direct economic impact of 3-D printing per year by 2025 will range from $230 billion to $550 billion, with $100-200 billion attributed to direct product manufacturing and $30-50 billion from tool and mold manufacturing.
Posted Sep 17 2014 7:09 PM by
Manufacturers are concerned with theft of their products and small tools, but they aren’t typically concerned about theft of their intellectual property. Should they be?