 |
|
 |
|
Industry sales up, but hauliers make less money 21/08/2008
Sales in the transport industry are growing by 6%, down on the 8%
growth seen last year, according to Plimsoll-Analysis' latest road
haulage report. Of the 2,000 companies analysed, 1,335 are holding or
increasing sales on last year, but almost half (45%) are making less
profit than last year. Some 23% of operators are selling at a loss,
while 29% are in more debt now than they were last year. However, Acumen Logistics has shrugged off the credit crunch, increasing its turnover by 120% from Ł5.8m to Ł10.6m for the year ending 31 March 2008 with profit up by 284% from Ł103,792 to Ł365,436 for the same period.
|
|
 |
|
 |
 |
|
 |
|
Pierquip of Quebec Joins Benson International 28/05/2007
Benson International has announced that Pierquip, a Quebec trailer dealer, join the Benson family of dealers. Pierquip is the first and only full line Benson International distributor in Quebec.
"Benson is pleased to bring such a strong dealership into our dealer family to help us broaden our reach into Quebec," Lenny Miller, vice president sales and marketing said. "Pierquip brings a wealth of experience to the table and will be a strong asset to our company."
For more information on Pierquip, contact Pierre Labelle, president, at (450) 438-6400 or visit
Benson International is a manufacturer of Class 6, 7, & 8 specialty trailers and bodies that has served the transportation industry for 45 years with locations in Cadiz, Ky. and Mineral Wells, W.Va.
www.pierquip.com.
|
|
 |
|
 |
 |
|
 |
|
Trucking company bankruptcy trial set 21/05/2007
A trial begins this week for a man accused of driving a Dubuque trucking company into bankruptcy.
Roger Waldner, former chief executive officer and owner of H&W Motor Express, was indicted in May 2006 on 12 counts of bankruptcy fraud.
After several legal postponements, a jury will hear opening arguments Monday at the U.S. District Court in Cedar Rapids. The trial is expected to be complicated and could last weeks.
In January 2001, Waldner acquired the regional trucking company and planned to bring H&W under one operational fold of a fleet of trucking firms.
According to court documents, during the year and a half Waldner operated H&W, more than $1.8 million was transferred to other companies either owned or associated with the defendant and other officers of H&W.
By 2002, the trucking company — which had 27 business locations in nine states, including its Dubuque headquarters — filed for bankruptcy protection. Scores of employees lost their jobs and their pensions, and other benefits still hang in the balance.
Waldner is accused of making seven false statements in his bankruptcy petition and supporting schedule and making five false statements during a subsequent meeting with creditors.
The fraud case was investigated by the IRS Criminal Investigation Division, the FBI and the U.S. Trustee’s Office.
www.truckinfo.net
|
|
 |
|
 |
 |
|
 |
|
RHA challenges Road User Pricing 09/05/2007
Launching a keynote paper at the Commercial Vehicle Show in Birmingham, chief executive Roger King said that hauliers know the need for a more efficient roads network more than any other group. They see the earning power of their lorries reduce year on year.
"But the idea that pricing is the "cure" has been vastly overplayed. Even if it proves technically possible there is no evidence that it will solve the problem. Meanwhile, it will be intrusive and expensive.
"Unfortunately, in selling the idea of road pricing, political spin goes into overdrive. All the political parties seem wedded to the idea of charging in some form as a way of controlling access to the roads.
"But it is a distraction from the inescapable fact that we need a strategic roads programme and to invest more in infrastructure – as the government plans to do in both rail and air, where the need is less urgent.
"We would support tolls – but only on new roads, as a means to getting them built," King said.
"Road pricing should not be confused with congestion charging in cities, which may have a role to play provided that motorists have a genuine public transport alternative. In such cases, it would be wrong to charge trucks.
The RHA puts forward several suggestions:
Introduce incentives to encourage home working.
Reduce stamp duty, to encourage people to relocate closer to their work.
www.rha.net
|
|
 |
|
 |
|
|