Mike McCarron is the president of Left Lane Associates, a firm that specializes in growth strategies, both organic and through mergers and acquisitions. A 33-year industry veteran, Mike founded MSM Transportation, which he sold in 2012. He can be reached at firstname.lastname@example.org, 1-844-311-7335, or @AceMcC on Twitter.
Insurance captives are a way for best-in-class carriers (which apparently we were) to lower their costs by eliminating class underwriting while retaining profits and investment income. Simply put, when you join a captive you become a minority partner in an insurance company owned and managed by like-minded carriers.
It was great news to see Federal Transport Minister Marc Garneau and his provincial cohorts promise a national training standard for entry-level truck drivers by next year. Raising the bar for driver skills and professionalism can only help the industry […]
I was overwhelmed by the feedback I received about last month’s column on fuel surcharges. Some of you really liked what I had to say. Others, not so much. In the column I challenged the system the industry uses to […]
With so much focus on attracting new truck drivers, it’s surprising we don’t pay more attention to keeping the ones we have alive longer. According to the U.S. Center for Disease Control (CDC), the average life expectancy of a commercial […]
The trucking industry has trouble finding drivers, and it’s no secret that pay is part of the problem. The fact that truck drivers bring home the same dough as they did 40 years ago, when the cost of living was half of what it is today, certainly has something to do with it. Carriers have increased driver pay lately, but all those empty seats indicate that reform is still needed.
From all accounts coming out of last month’s Canadian Trucking Alliance (CTA) board meeting, the driver contractor issue is finally getting the attention it deserves. With Driver Inc. on the agenda, the alliance brought Canada Revenue Agency (CRA) to the table and the government said it’s serious about nailing culprits who are not paying their fair share of taxes or forming sham companies for drivers who have no clue what they are signing up for.
I was disappointed when I read headlines about the “Indian” driver who was criminally charged for the horrific Saskatchewan accident that involved the Humboldt Broncos’ team bus. If guilty he should face justice, but I’m not sure where he was born has anything to do with it. I’m guessing if the driver were Italian it would not have been mentioned.
Imagine not having to argue with customers over extra charges because they’re automatically added to the invoice. How about eliminating the physical paperwork needed to move a shipment across a border? Even better, what about getting paid the same day […]
The only thing certain in trucking is disruption. The massive shift in supply and demand caused by mandated electronic logging devices (ELDs) is a prime example of how one piece of legislation can wreak havoc on an entire sector. Unpredictability […]
Like many of you, I was devastated when my two passions—hockey and trucking—collided tragically on April 7 outside of Tisdale, Sask. I was also embarrassed and angry. Embarrassed because the trucking industry I’ve defended at every dinner party for 35 years was somehow responsible for the senseless loss of 16 lives.
For years, I’ve been chuckling under my breath at transportation conferences whenever I hear shippers speak about how important it is to be “good business partners” with their carriers. Experience has shown me that once they walk off the stage, their actions tell another story. The “win-win” rhetoric gives way to “we win, you lose” when it comes time to work on a contract. That’s starting to change.
Over the decades I’ve seen capacity ebb and flow, but nothing compares to January when millions of truck miles just evaporated into thin air. Sure, the goofy weather and booming economy contributed to the capacity crunch. But ELDs were the main […]