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Momentum Repeats as BBB Winner of Distinction
HOUSTON, Texas, 2009 (SEND2PRESS NEWSWIRE) — For the second straight year, Momentum - the nation’s premier auto and freight transport provider — has earned the Better Business Bureau’s coveted Winner of Distinction award, presented in recognition of Momentum’s superior commitment to ethics, overall excellence, and quality in the workplace.
Momentum’s CEO, Greg Giles, released this statement: “Momentum remains committed to serving our client’s needs while adhering to the highest ethical standards. We are extremely honored to be recognized for this commitment to excellence for a second consecutive year.”
The BBB Awards for Excellence was created to recognize businesses and non-profits that excel in quality achievement, management and customer service while exhibiting integrity in the marketplace and exemplary dedication to fostering trust between businesses and consumers.
Used Truck Surplus Bringing out Buyers, Frugal Truckers, Foreign Buyers Jump In
If you hear that demand is up for a product, it usually indicates higher prices; that’s not the case in the used truck market, for the supply of trucks from closed freight carriers is going up more than the demand is, creating both more sales and lower prices. That’s the news from used truck specialist Arrow Truck Sales, no relation to the trucking company that infamously cratered just before Christmas last year. Demand for used trucks is up partly due to higher costs on new trucks that now have to be compliant with 2010-emission guidelines; that higher cost will have trucking transport firms looking for substitutes, and high-quality used trucks would fit the bill. On top of the amount of trucks on the market from failed companies, the tighter emission standards at west-coast ports will have an additional block of used trucks on the market, giving a bumper-crop of used trucks to choose from. The higher costs of new trucks combined with the surplus of used trucks has created a 3-1 price ratio between used and new trucks, where the normal ratio is closer to 2-1. Foreign truck buyers have an opportunity to cash in on the US used truck surplus. A relatively weak US dollar makes our used trucks a good deal where regulations allow US trucks to be used; changing Russian truck regulations that parallel those in Europe has closed that market to used US trucks, but other parts of the developing world are more than happy to have the American hand-me-downs. Source: http://www.truckinginfo.com/news/news-deta...s_category_id=6
Reductions in Freight Capacity in UK, Trailer trucking ferry capacity reduced
Trailer trucking services between Holyhead and Dun Laognaire in the United Kingdom will be reduced in the future, once Stena Line goes forward with plans to reduce the amount of time during the year the run is made between these two cities of the United Kingdom. The run is made by the HSS Stena Explorer twice a day during the period when the run is offered. The HSS Stena Explorer is one of the few fast freight ferries operating in the waters of the United Kingdom that can carry trucking transports. This means that bulk trucking services between Holyhead and Dun Laognaire will be reduced in the summer months, while in the other seasons of the year, the service will continue to operate as normal. During the summer months the run is made by a smaller ship that can only carry smaller cars and vans, which means that owner operater trucking will have to find another way to get to Holyhead or Dun Laognaire. There hasn't been any reaction by the trucking industry of the United Kingdom toward this announcement, but the removal of this service might not be significant for firms. There have been additions to the freight moving capacity between Holyhead and Dun Laognaire, so the removal of this service probably hasn't been felt, yet. The reasons given by Stena Line for the reduction in freight capacity on the run are the normal ones given in the freight industry, lately. A weak market for freight and the rising cost of fuel were the main reasons given for the decrease in services by Stena Line. Hopefully, this reduction in services doesn't effect the bottom line of firms doing business in the United Kingdom and the present freight capacity of the British system will be enough to do the job that's required. Unfortunately, about 100 freight workers will loose their jobs because of the reduction in services and this is probably the worst part of the decision by Stena Lines. http://www.ifw-net.com/freightpubs/ifw/ind...tid=20017746555 http://www.ukbusinesspark.co.uk/ste02361.htm
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