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UNDERSTANDING THE BASICS OF OBAMACARE

Is trucking and transportation ready for ObamaCare? The fact is that many of us do not know much about ObamaCare, but here are a few points that should help us understand the basics: To help us understand the different health insurance choices, health insurance companies are required to provide us with an easy-to-understand summary on the health plan’s benefits and coverages. Open enrollment begins on October 1, 2013 CHECKLIST FOR SMALL BUSINESSES If you’re a small business owner, you’ll be able to offer your employees new health plan choices through the Small Business Health Options Program (SHOP). 7 Things You Can Do To Get Ready Now 1. Make sure you understand how insurance works. For example, you’ll want to understand the difference between premiums and out-of-pocket costs, like deductibles and copayments. You’ll want to compare these details to help determine which plans are right for you and your employees. Click for more about how it works. 2. Learn...

What Is The Sequester?

The Sequester, which should be not be taken lightly by the trucking / transportation industry is referred to by the White House as "Harmful automatic budget cuts — known as the sequester — threaten hundreds of thousands of jobs, and cut vital services for children, seniors, people with mental illness and our men and women in uniform. These cuts will make it harder to grow our economy and create jobs by affecting our ability to invest in important priorities like education, research and innovation, public safety, and military readiness." President Obama and both parties in Congress have been working together for the last few years to reduce the deficit by more than $2.5 trillion looking into spending cuts and tax rate increases. But after all these years of discussions and negotiations, they could not agree on a plan to reduce the deficit, and in 2011 Congress passed a law saying that "if they couldn't agree on a plan to reduce our deficit by $4 trillion — includi...

Maintaining Your Transport Company In Full Compliance

The US Department of Transportation has certainly kept up with enforcement -- in the last few days it has shut down two bus companies, one Illinois based and the other a Mexican based operating in the U.S., both because of their drivers and vehicles posing an imminent hazard to public safety.  And in the last few weeks it has either fined or shut down a number of other carriers.  Public safety and regulatory compliance are priorities, why risk being shut down? If revenues are tight, talk to a financial expert that specializes in helping trucking and transportation companies, there should be financial options to help carriers keep up their fleet and operation in full compliance.  If you are a carrier that needs help and would like us to find someone that can possible assist, please send us an email . PLEASE SUPPORT THE VICTIMS OF THE OKLAHOMA DISASTER - CLICK

Transportation Statistics

The Department of Transportation, Bureau of Transportation Statistics reported last Wednesday on the February report on U.S.-NAFTA Freight Flows by All Modes of Transportation,  and of the $88.4 billion of transported freight in February 2013 between (NAFTA) partners, trucks transported the most at 59.1%. rail transport came in second at 15.3%, then Vessel at 9.7%, with Pipeline at 7.7%. Other and Unknown at 4.6% and Air transport last at 3.6%. Click to read the full report .

Trucking Market News

How is the trucking community reacting to the current economic environment?  Irrespective of financial market conditions including the decline in gold prices, trucking continues to recover and in fact expand in many sectors, as an example, Inautonews.com recently reported on the heavy truck manufacturing industry, although still recovering, is on the right track with orders staying above 20,000 a month.

Starting A Trucking Company

Starting a trucking company can be very challenging, more so than most other businesses, on this week's posting we are including a couple of helpful links that may help with the formation of a trucking business. How to Calculate Startup Costs for a Trucking Company http://smallbusiness.chron.com/calculate-startup-costs-trucking-company-10176.html Grants to Start a Trucking Company http://smallbusiness.chron.com/grants-start-trucking-company-30793.html

Jobless Numbers Roller-Coaster Ride

Last week the jobless numbers gave us a roller-coaster ride which ended the stock market's 4-day high, ending the week at a slight loss. The trucking industry however, should continue sustaining itself and with the gradual growth of our economy truck driving and transportation jobs should not be affected.