Indianapolis Ed Carpenter turned Pole Day into a family celebration.
The stepson of IndyCar founder Tony George became the first member of the Hulman family to win the biggest pre-race event in the series the Indianapolis 500 pole.
Carpenter produced a stunning finish to a day that was rife with suspense. His four-lap average of 228.762 mph was quick enough to break up what appeared to be a Team Penske-Andretti Autosport lock on the front three rows.
Somehow, Carpenter, who owns his team, beat out the big-name guys.
“To be a single-car team in this Chevy shootout, I am going to call it fighting with the Penske and Andretti guys,” said Carpenter, whose pit crew carried him off pit road on their shoulders after an agonizing wait to see if his time would hold up.
The soft-spoken Carpenter grew up around the world-famous 2.5-mile Brickyard, dreaming of the moment he could stand in Victory Lane. Perhaps that will happen May 26.
For now, Carpenter will savor the highest-profile achievement of his career and during a month in which he has strengthened his area ties. His sponsor, golfer Fuzzy Zoeller s Fuzzy s Vodka, is based in Indiana and this week Carpenter added decals to his car from his alma mater, Butler University.
After producing the fastest lap in the opening practice session last Saturday, Carpenter gave away his tickets to watch the Eastern Conference semifinals between the hometown Pacers and New York Knicks so he could spend some time with his wife before another working Mother s Day.
“I felt like, coming in, that we had a chance to be on the pole,” Carpenter said. “To sit on the pole for this race is really a dream come true, and I hope it is a start to what has already been a great month of May. The car has been great and I can t thank my team enough. The sponsors, a lot of great people helped us get here. This is just the first part of what we are here to do.”
How did you get your start?
I had been in a taxi once. I thought, I will try it. It was different. I like talking to people. I liked it and thought I would keep on doing it, and it paid the bills.
How did you train for the job?
When I started, a dispatcher rode with me to get me more familiar for a while and to show me around. Now, we let the new hires ride with us for four hours and learn how to take money1 and credit cards and let them know what you can talk about and what not to talk about. I like to be able to talk about anything, but you can t. My safe topic is food. A lot of customers get in and they do all the talking, and that is good.
What essential skills are required?
A valid driver license. We are fingerprinted and background checked, and it should be because we are putting someone s life in our hands. And because we drive for the school board. We transport children to and from school, too.
My first pickup is 5:45 a.m. in Turkey Point. I take a gentleman to work and pick up the phone on the way. I also answer the phones, dispatch and drive around and pick up people all day long. I usually get done between 3 and 6 p.m. It just depends on the day. We have four full-time drivers and two part time drivers.
What s the best part of the job?
Meeting people and talking to them and finding out their backgrounds. We have a lot of people from New York, and I like finding out about what life is like in other places. I do not drive like a New York taxi driver2; I drive like a granny.
What s the biggest challenge?
To do it all and go home sane. Sometimes people complain so much they don t realize how lucky they are to have a roof over their head or money in the bank. There are so many people are out of work and don t have a home. I am so happy just to have this job. The economy is not the best;I could be unemployed and sleeping under a bridge but I am not and I am thankful for that.
What advice would you offer someone looking to go into this field?
You have to like people or at least like to talk to people of every walk of life. You have to try and interact with them. Even if it is a three-minute ride, it is the longest three minutes of your life if no one is saying anything. You have to try to get them where they need to go.
Owner Van Driver Jobs
Sometimes that is hard if there is a language barrier. The friendlier you are, the better the tips are. Once you get in this for a while, you have regulars and see the same people a lot and you are helping them.
Article Source Cecildaily.com
Shares of trucking companies are on a roll, but that doesn t mean they might not encounter a few potholes down the road.
Cheaper fuel, rosier unemployment data and continued growth in freight tonnage are among the reasons stocks in the sector have been going strong of late. The American Trucking Association s seasonally adjusted truck tonnage index, for one, increased slightly in four of the past five months, with February s 0.7% dip as the only exception.
Many companies are also boosting margins by diversifying revenue streams with brokerage and logistics services. Plus, cross-border freight between the U.S. and Mexico is another growth opportunity.
Then again, the recent bull market has given most transportation stocks a bounce lately. The Dow Jones Transportation Average (DJT5), which includes major airlines, railroads and package delivery companies like FedEx (FDX6), has gained almost 10% so far this month. The transport sector is often viewed as a bellwether for the broader economy and these gains reflect investors recent optimism.
Despite these opportunities, there are still a few reason to be cautious. Let s take a look at three:
Driver Shortages. While a lower unemployment rate is a great sign for the economy and for the prospects of freight tonnage to rise trucking companies continue to have trouble attracting and keeping new drivers. Trucking companies have some 200,000 unfilled openings for long-haul truckers nationwide, according to the Truckload Carriers Association. To replace retirees, the industry will need nearly 100,000 new drivers a year for the next decade7.
It doesn t help that the churn rate for truck drivers is around 70%, which you can chalk up to a new generation that s unwilling to accept the lifestyle and sacrifice of being away from family and friends for extended periods. Many companies are trying to sweeten the pot with signing bonuses and additional perks, but the long-haul trucker s life is still a tough sell. Then again, some companies believe immigration reform could provide another solution because immigrants could obtain the necessary commercial drivers licenses.
Intermodal Freight Growth. With the rise of so-called intermodal (containerized freight that can travel via ship, rail or truck), motor carriers increasingly will compete head-to-head with railroads like Union Pacific (UNP8) and CSX (CSX9) that are staking a claim in the space to offset declining coal volumes. It doesn t help that trains can move a ton of freight more than 460 miles on a single gallon of diesel fuel, according to the Association of American Railroads.
High Operating Costs. The trucking business is expensive and profit margins are slim. Government regulations and driver restrictions like the Hours of Service (HOS) rules aimed at reducing crash-related deaths and injuries by trimming truckers maximum daily driving time may impact earnings adversely. Equipment and labor costs also are high. According to a new survey by TMW Systems10, 71% of truckload carriers responding said their operating ratios were at least 94%, while the industry s best performers have OR s below 90%.
All in all, while trucking stocks have been going strong, these three headwinds definitely warrant caution.
If you decide to play the sector, you re best off trying to snatch up a solid company that s relatively cheap, like Swift Transportation or Con-Way. Swift, for one, has a PEG ratio of only 0.8 and a forward P/E of 13, which compares favorably with its peers. Con-Way also isn t far behind, sporting a PEG ratio of 0.98 and a forward P/E of 14.
Still, even with these names, don t hit the gas too quickly. Things could shift gears before you know it.
As of this writing, Susan J. Aluise did not hold a position in any of the aforementioned securities.
- ^ SWFT (studio-5.financialcontent.com)
- ^ CNW (studio-5.financialcontent.com)
- ^ HTLD (studio-5.financialcontent.com)
- ^ JBHT (studio-5.financialcontent.com)
- ^ DJT (studio-5.financialcontent.com)
- ^ FDX (studio-5.financialcontent.com)
- ^ 100,000 new drivers a year for the next decade (www.bizjournals.com)
- ^ UNP (studio-5.financialcontent.com)
- ^ CSX (studio-5.financialcontent.com)
- ^ According to a new survey by TMW Systems (www.pymnts.com)
In the running world, there s a term called trucking where the athlete has one gear. Whether it s a short race, a long race, hilly, or otherwise, they ll be trucking along at the same speed.
Life has its truckers, too. The problem with that is that life, like races, present all kinds of scenarios. Some scenarios demand a sprint, while others benefits most from a slow, grinding pace. I d go as far to say that there s great value in being able to toggle from running lead in the rat race, to displaying Ghandi-like patience, and owning that day-in-day-out mid range gear.
For me, I feel like I ve been on a Star Tours warp speed-like pace the last year or so. I m aware of it. I know it takes a toll, but I also know it s important right now. The one thing that has kept me in it is knowing that it s temporary and practicing living in third gear for short periods of time.
How successful are you at shifting gears? Do you notice what gear you seem to default to? Would you benefit by speeding some time living at an unfamiliar pace?
Friday s Workout:
6 Jump Squats
6 Presses (95/65)
-Rest 2 min-
6 Push Press
India s Hindu Newspaper reported India s exports were on the decline for eight consecutive months in 2012. However, exports started on the upward trend in January 2013. Given the statement that exports grew for the fourth consecutive month , we looked into these claims in the Import Genius international trade database to identify trends for India s rise in exports. What we found was contrary to what we expected.
While Indian exports to the U.S. are growing, the number of shipments received in the U.S. from India are actually decreasing. In 2011, India exported 171,815 shipments to the U.S. but the number of shipments decreased the next year, with just 159,427 shipments from India on record during 2012.
When looking into the first quarter of 2013, we also found that ocean freight shipments this year aren t close to the numbers in 2012. U.S. imports from India spanning from January to March last year totaled 42,575 shipments. Imports from the first quarter this year were half of that, with just 21,650 shipments.
After touching the second highest figure-ever in a month in January to $20 billion, the trade gap came down to $14.9 billion in February and to $10.3 billion in March.
Based on this statement, it s safe to say that exports aren t a real indication of a downward or upward trend, or of the trade gap in this case. The number of shipments clearly does not correlate with the value of the exports.
One product within the Indian database that caught our attention was mangoes. Grown all over the world in tropical and subtropical climates, mangoes are often called the king of the fruits and are rich in vitamins, minerals and potassium. India is the largest grower of mangoes and is expected to export 83,000 tons of the fruit this year, according to another article by The Hindu.
According to a recent study reported in The Economic Times, the price of Indian mangoes is already higher than mangoes imported into the U.S. from South America. A report by the U.S. Department of Agriculture says high shipping charges and profit margins kept by traders account for the price difference. Indian mangoes already cost about five times more than mango exports from other countries and these factors are expected to hike prices even further.
In addition to contradictory numbers when looking at India s overall shipments and export growth, we also see an adverse effect comparing prices of mangoes with demand.
According to The Hindu, increasing shipments of India s alphonso and kesar mangoes have hit the U.S. this year and the increased exports are expected to continue. Mango exports to the U.S. are expected to be between 400-500 tons this year, as stated by an official with the Agricultural and Processed Food Products Export Development. These numbers will mean record highs for Indian mango exports. India has already exported 90 tons of mangoes in 2013. The price of Indian mangoes are clearly inelastic as both demand and exports are steadily rising.
Cleveland Browns owner Jimmy Haslam says he s working to repay trucking companies and restore the reputation of his Pilot Flying J business. Haslam spoke to trucking company executives at a seminar in Indianapolis this morning, answering questions screened by his lawyers about alleged fuel rebate fraud that s the target of an IRS and FBI investigation.
Haslam says about 250 trucking companies likely have been affected and he s continuing to contact each one personally. He hopes to have refunds issued, with interest, by middle of July. And, Haslam reiterated that he had no part in the alleged scheme.
Haslam says about 250 trucking companies likely have been affected and he s continuing to contact each one personally. He hopes to have refunds issued, with interest, by middle of July. And, Haslam reiterated that he had no part in the alleged scheme.More than a half-dozen civil lawsuits have been filed by trucking companies, which have hired former FBI director Louis Freeh to investigate their claims. No criminal charges have been filed.
Listen to entire Haslam address and Q and A
Stories with Recent CommentsThirteen Cleveland firefighters indicted
What was stolen? Section 7(p)(3) of the FLSA provides that two individuals employed in the same capacity by the same public agency may agree, solely at their …
Vivian, What a great interview – Just done so professionally. I loved the way you smoothly transitioned from production to interview to history of the company…
My quesiton how much of this groups own money are they investing? What resources has the City of Dayton’s Mayor Leitzell (who just lost the run off elections) …
WHY isn’t there any information in this article about what the issues are for???????? Oh, I guess so only those who know about it will vote and everything will…
Thailand had benefited immensely from international economic policies that have liberalized the market for comparative economic advantage. Strategic location, hospitable climate, closeness to vast Asian market and cheap labor are some of the factors that have turned Thailand into global manufacturing destination. From garments, to electronics goods of market leading brands are now manufactured in Thailand. Almost all the leading brands now have a manufacturing unit in the country. Thailand today enjoys a major share in global trade and one of the major trade forms of the nation is export-import. No doubt that freight forwarding has emerged as a growing industry in the nation. Below we have compiled a list of top five freight forwarders in the country.
- World Mega Logistics Co. Ltd.: They are an international freight carrier involved in sea and air transferring from Thailand to several international destinations, namely China, West coast of America, East coast of America, Europe, Mediterranean, Japan, Korea, Middle East, Southeast and South Asia, and Australia. Their service range also encompasses inland transportation, ISO Tank Container operation, custom brokerage etc. They have over 30 years of experience in cargo handling. World Mega Logistics locally is a part of popular Siam Sept Group, which since 1977 is involved in transporting goods at different international locations. The carrier has obtained Gold Class License from the Thailand Custom department.
- Alliance Shipping Services Company Ltd.: Another renowned freight forwarder is Alliance Shipping Services Co. Ltd. They have specialized in offering shipping solutions to countries like China, West coast of America and Southeast Asia. Their services are offered 24*7 by a team of experienced cargo handlers. They offer services including cargo handling and transportation, custom clearance etc.
- GGS Lines: Another freight forwarder of repute in GGS Lines. They offer their services to countries like China, Japan, Korea, Europe and South and Southeast Asia. They are a part of GGS Lines Group of Companies that was established in 2002 by a team of professional custom brokers. They have specialized in offering services on international cargo transfer, customs brokerage and inland transportation. They offer both sea and airfreight transfers as well as door-to-door delivery services.
- KPS International Transport Company Ltd.: This is a recognized market leader in offering complete freight forwarding solutions to clients. Their diverse range of service incorporates warehousing, freight forwarding, distribution, supply chain consultation service etc. They have earned reputation of being trusted logistic partner with their international standard logistic solutions. KPS International mainly focuses on Southeast Asian market to offer their freight forwarding services.
- Good Deal Port Co. Ltd.: The market for international freight carrier in Thailand is a growing one and as a result, many new carrier lines have come up in the recent time. One such name is Good Deal Port Company Ltd. It was established in 2011 by a team of industry professionals who together have over nine years of experience at various aspects of freight forwarding. The carrier offers both international and inland cargo transport solutions.
Comments are closed.
INDIANAPOLIS (WISH) – Butler University’s famed bulldog mascots made a rare appearance at the Indianapolis Motor Speedway Wednesday morning courtesy of driver Ed Carpenter.
The owner/driver is a proud Butler graduate and is seen in the front row at Hinkle Fieldhouse every chance he gets.
His pride is reflected on his car, and with Blue II and Blue III on hand with basketball coach Brad Stevens, Carpenter proudly displayed the Butler logo sticker on the machine he hopes to roll into victory lane next week.
“It’s a lot of fun being in Indianapolis my hometown, and Butler’s just down the road,” Carpenter said. “To be able to do something together and hopefully to be able to celebrate together at the end of it sounds fun, but Butler has been great to me from the time I was there and since I’ve graduated. It’s a great community and its fun to do things together.”
Having Stevens on hand has become q tradition with Carpenter and Butler.
“It has and obviously it’s fun when you get a chance to follow the race so close,” Stevens said. “This is in his hometown, and to have a sincere rooting interest, it’s fun, too. Ed’s been great to us and we re proud of him and were rooting for him, and I’m proud he put the Bulldog on his car.”
International Forwarding offer a wide selection of UK & European Freight Forwarding Solutions…
Freight Forwarding :
As a longstanding UK Freight Forwarder, you can rest assured that we will cater for all your distribution needs…
Palletised Freight :
As a member of the Palletways Network we can provide a variety of services both across the UK & into Europe…
Groupage Services :
Door to door Groupage Services from one of the UK’s most dependable carriers…
Clearance Services UK :
We offer first class clearance services from our offices in Dover…
Birmingham Freight :
Based near the M6, which is at the heart of the UK motorway network, we serve Birmingham Business…
London Freight Forwarding :
With a distribution warehouse at Ashford, we are ideally placed to transport freight throughout the South East…
Warehousing & Logistics :
Our services include dedicated distribution warehouses with pick & pack operations…
As one of the UK’s most dependable freight forwarding agents, International Forwarding Limited provide a one-stop shop for all your European and UK freight forwarding needs. Whether you require collection and delivery on regular basis or as a one off, we have the infrastructure to meet your specific requirements
Because we are a medium sized business, we are large enough to offer excellent services to both blue chip and large Organisations and Companies, and to smaller businesses and even individuals. What makes us a better choice than the very large forwarders is the fact that we provide the ultimate in personal service to each and every customer that we work with. Every account and customer has their own personal contact, so that you are able to build a personal relationship and get the information that you require as and when you need it. We do not believe in automated telephone systems and answering machines, as we believe that customers still want to speak to a human being, and one which knows your account personally!
Whatever your freight and shipping requirements are, International Forwarding will provide unrivalled levels of service, which will enable you to have complete confidence that your goods will arrive on time and in good condition.
International Forwarding Ltd is one of the very few carriers offering a daily service to and from Switzerland catering for both 24 and 48 hour deliveries and our on-line customs clearance service provides a seamless transport operation. Furthermore offer direct road trailer services to and from the whole of Europe, and we are able to offer air and sea shipping to just about anywhere in the world. We will be happy to provide you with prompt and competitive quotations for this and any of our other European services. We can also quote for sea and air shipments around the world and have dedicated staff who are fully experienced in all aspects of export and import documentation.
International Forwarding is a member of Palletways the number one and largest Pallet network in the UK, so we are also able to offer next day and economy pallet distribution, with online track and trace facilities. Stand trailers are available for larger customers if required.
Our freight forwarding services include…
- UK & European Freight Forwarding Services
- Palletised Freight Services
- Groupage Services
- Warehousing and Logistics including third party distribution services
- Pick and Pack Operations
- Road, Sea & Air Freight
- A comprehensive European freight solution with a network of high quality European strategic partners
We also carry hazardous cargo. Our trucks travel everyday to and from France, the Benelux countries, Ireland and Italy and we offer both express and economy services and rates.
An online survey being conducted to ferret out national needs for expanded truck parking availability is now under way. Drivers have through August 10 to complete the survey, accessible via this link1.
It s the product of the efforts of Hope Rivenburg, the widow of slain New York-based trucker Jason Rivenburg, whose story launched a driver-led movement toward better, safer parking availability for big rigs around the nation, beginning in 2009 after Rivenburg was robbed and murdered while parked at an abandoned commercial site in lieu of better options in South Carolina.
Created in part in concert with the United States Department of Transportation, the comprehensive survey, says one of its primary proponents, fuel hauler and driver advocate Allen Smith, is aimed at pushing the U.S. DOT toward fulfilling the research mandate included in last year s Moving Ahead for Progress in the 21st Century (MAP-21) highway bill. Safe available truck parking has been an issue for professional truck drivers for many years, Smith writes on his AsktheTrucker.com blog2. The situation has become more relevant as rest areas continue to close.
Click through the image to take the National Truck Parking Survey.
The latest rest-area news that many states, including Louisiana and New Hampshire most recently, were eyeing the rest-area privatization option in a last-ditch efforts to keep public rest areas open saw no shortage of driver consternation on the safe-parking-availability topic last month.
Said Dex Jones under the same post, We need more parking, no ifs ands or buts about it. Rest areas are shutting down everywhere, and most truck stops are full by 5 p.m.
The notion of privatizing the rest areas didn t sit well with some. Private as in for-profit parking open at what cost? asked Shari Denny. If I bring my stamped 2290 can I park free? The MAP-21 bill earmarks no particular amount of funding to boost truck-parking availability, a fact that watchers in the driver community have alternately viewed as a negative (it gives states no guidance on what level of funds they could potentially expect) and a big positive4 (if no amount is marked, the possibilities are unlimited).
The new survey at the least, creators hope, will give regulators a good idea of where exactly the needs are largest. You can take the time to participate and make your own parking needs known by completing the survey via this link.5
- ^ Drivers have through August 10 to complete the survey, accessible via this link (www.surveymonkey.com)
- ^ writes on his AsktheTrucker.com blog (askthetrucker.com)
- ^ at Overdrive s Facebook page (facebook.com)
- ^ a fact that watchers in the driver community have alternately viewed as a negative (it gives states no guidance on what level of funds they could potentially expect) and a big positive (www.overdriveonline.com)
- ^ You can take the time to participate and make your own parking needs known by completing the survey via this link. (www.surveymonkey.com)