NTC Newsletter 1st Quarter

7/29/2019 NTC Newsletter 1st Quarter

1/6

Nebraska Transport Company and NTC LogisticsYour premier regional LTL trucking carrier with nationwide capabilities

1st Quarter 2013

Inside this issue:

Cover Story:

NTC Territory

Expansion

1

Things youll pay

more for in 2013

2

Fiscal Cliff

Follow up. Is it

over or just the

beginning?

3

3PLs and logisticscompanieshow

theyve changed

the face of the in-

4

New transporta-

tion regulations -

how might they

affect your com-

pany?

5

CSA and liabil-

itylearn toprotect yourself

to save money!

6

1

Account Manager:

Ryan Scholz

(402)875-0099

NTC Territory Expansion

Nebraska Transport Company, headquartered in Gering, NE is proud to announce the

opening of direct services in the Tulsa, OK area starting February 4, 2013.

Tulsa will be a direct point for NTC, the areas around Tulsa that will be serviced in-

clude: Oklahoma City, OK, Fort Smith, AR and all points in between.

According to Brent Holliday, CEO and owner of NTC, "This should allow us to offer

both current and new customers a broader package of services to better facilitate the

partnership we have with them."

NTC is a truckload and less than truckload (LTL) carrier with 12 terminals located in

Nebraska, Kansas, Missouri, Iowa, Colorado, South Dakota and now Oklahoma. NTC is

a family-owned and operated regional LTL carrier since 1973, serving the Midwest for

over 40 years.


2/6

2

Things youll pay more for in 2013...

Well, a new year is upon us and there are plenty of articles and stories in the news about everything

getting more expensive. Here is a list of 10 things that you can expect to pay more for this year.

1. Meat- All meat is expected to increase in price by 3% to 4%.

2. Satellite TV - Satellite TV providers are expected to increase prices by 5% to 10%.

3. Major League Baseball tickets - Expect to pay 1/3 more up to double the price over ticket prices

from last year.

4. Dairy products - The United States Department of Agriculture projects that dairy prices will increase

by up to 4.5% this year.

5. Mail - Due to record losses, the price of a stamp will go up one cent to $0.46. USPS shipping costs

will go up as well.

6. Public transportation - costs for public transportation like busses and subways will increase.

7. Taxes- 160 million workers will pay a tax of 6.2%, rather than 4.2%, on their first $113,700 in annual

income. The average wage-earner will lose between $85 and $170 each month.

8. Smartphone and Cell Phone service - As every year, well see these plan prices increase.

9. New cars - Most new auto manufacturers will be charging up to $1000 more per sticker for a new

vehicle.

10. Health Care - Overall health care costs in the U.S. are also expected to jump, by 7.5% this year, ac-

cording to Price Waterhouse Cooper's Health Research Institute.Source: CNN Money 2012


3/6

Fiscal CliffFollow up. Is it over or just the beginning?

3

Last newsletter addressed the fiscal cliff and gave several scenarios from the best-case to the worst

-case. Luckily, our government met somewhere in the middle. Unfortunately, we will still all feel

the sting of this compromise on our wallets.

The elevator speech version of what happened - No more payroll tax discount, higher taxes

will be paid by the rich and theyll keep talking and figure out the rest later.

The temporary agreement, put in place to fend off the fiscal cliff, did not raise income taxes except

for those people who make over $400,000 per year. However, we will all be taxed more out of

every paycheck. The bill allowed the expiration of the temporary payroll tax cut, which will now

require every American to pay an additional 2% in payroll taxes. Also included is an exten-

sion of current policy regarding the estate tax, but adding a $5 million exemption indexed for infla-

tion and a 40% top rate.

Unfortunately, there is another large

issue looming in the not too near fu-

ture. On December 31, 2012 the US

Government hit its official Debt Ceil-

ingof roughly $16.4 TRILLION dol-

lars. What this means is that the US

Government isnt supposed to legally

borrow any more money. President

Obama and his Treasury Secretary

were able to stall this issue until late

February or early March with some

changes that were made but ulti-

mately, our government will have to

sit down and figure out what they are

going to do. This seems to, just like

almost every issue dealing with our government, be an argument of the democrats vs. the republi-

cans. Some want the debt ceiling raised, others want spending capped to avoid these issues in thefuture. Ultimately, time will tell what happens.

The main issue here is that our government has run up such a large debt that there is no easy fix

and it will be an issue that affects all of us and our families for generations.


4/6

3PLs and logistics companieshow theyve changed the face of the industry.

4

Those of us who have been in the transportation industry for years have seen the changes first

hand. This business is no longer a face to face business. It is evolving and whether the changes

that we have gone through are good or bad, they are going to continue.

The transportation and freight business began to change in the 1970s when a few major retailers

and manufacturers began outsourcing their logistic needs to third parties. Since then, the land-

scape of the industry has become very clouded. No different than a single person owning a truck

and moving freight with little or no experience, many 3PLs and logistics companies were started

in someones basement or home office with little capital and even less knowledge of the industry.

It has many people asking questions...

*Who are you dealing with daily and where are they located?

*What if there is a problem, whos accountable?

*Is this company that wants me to use their services going to act in my best interests?

*Can I still use my existing relationships and carriers or will I have to change?

*Are my shipments insured?

*Many more

All of these questions should be something that is asked BEFORE any relationship is formed, with a

carrier or a 3PL. Once they are answered, then the discussion can begin regarding the two most

important factors to clients today - Performance and Value. Will your freight get there on-time and

not damaged and are you getting value added service??? There are many new regulations being

passed regularly that will streamline this industry and make it more client friendly. Ultimately, the

client will win because the carrier and 3PL know that its in their best interests to work together.


5/6

New transportation regulations - how might they affect your

company?

5

In 2013, we will see some new regulations evolve regarding the transportation indus-

try that are geared towards safety.

As of July 1, 2013, all drivers that drive a commercial vehicle that is used as part of a

business and is involved in interstate commerce must follow these rules for hours-of-

service.

There are also new emissions standards for the state of California. Basically, all com-

mercial vehicles need to meet specific emissions standards. Depending on the year

and type of vehicle, it will have to meet specific guidelines established by the DOT.

www.fmcsa.dot.gov/rules-regulations/topics/hos/index.htm

HOURS-OF-SERVICE RULES

Property-Carrying CMV Drivers (Valid

Until July 1, 2013)Passenger-Carrying CMV Drivers

11-Hour Driving LimitMay drive a maximum of 11 hours after10 consecutive hours off duty.

10-Hour Driving LimitMay drive a maximum of 10 hours after 8consecutive hours off duty.

14-Hour LimitMay not drive beyond the 14th consecu-tive hour after coming on duty, following10 consecutive hours off duty. Off-dutytime does not extend the 14-hour period.

15-Hour On-Duty LimitMay not drive after having been on duty for15 hours, following 8 consecutive hours offduty. Off-duty time is not included in the 15-hour period.

60/70-Hour On-Duty Limit

May not drive after 60/70 hours on dutyin 7/8 consecutive days. A driver mayrestart a 7/8 consecutive day period aftertaking 34 or more consecutive hours offduty.

60/70-Hour On-Duty Limit

May not drive after 60/70 hours on duty in7/8 consecutive days.

Sleeper Berth ProvisionDrivers using the sleeper berth provi-sionmust take at least 8 consecutivehours in the sleeper berth, plus a sepa-rate 2 consecutive hours either in the

sleeper berth, off duty, or any combina-tion of the two.

Sleeper Berth ProvisionDrivers using a sleeper berthmust take atleast 8 hours in the sleeper berth, and maysplit the sleeper-berth time into two periodsprovided neither is less than 2 hours.
http://www.fmcsa.dot.gov/rules-regulations/administration/fmcsr/fmcsrruletext.asp?rule_toc=764&section=395.1&section_toc=1938http://www.fmcsa.dot.gov/rules-regulations/administration/fmcsr/fmcsrruletext.asp?rule_toc=764&section=395.1&section_toc=1938http://www.fmcsa.dot.gov/rules-regulations/administration/fmcsr/fmcsrruletext.asp?rule_toc=764&section=395.1&section_toc=1938http://www.fmcsa.dot.gov/rules-regulations/administration/fmcsr/fmcsrruletext.asp?rule_toc=764&section=395.1&section_toc=1938http://www.fmcsa.dot.gov/rules-regulations/administration/fmcsr/fmcsrruletext.asp?rule_toc=764&section=395.1&section_toc=1938http://www.fmcsa.dot.gov/rules-regulations/administration/fmcsr/fmcsrruletext.asp?rule_toc=764&section=395.1&section_toc=1938http://www.fmcsa.dot.gov/rules-regulations/administration/fmcsr/fmcsrruletext.asp?rule_toc=764&section=395.1&section_toc=1938http://www.fmcsa.dot.gov/rules-regulations/administration/fmcsr/fmcsrruletext.asp?rule_toc=764&section=395.1&section_toc=1938


6/6

CSA and liabilitylearn to protect yourself to save

money and time in the long run!

6

Do you know what a CSA score is? Do you know how it can affect your daily operations andexpenses if you dont?

CSA stands for Compliance, Safety and Accountability. Established in 2010, the CSA established

a new nationwide system for making the roads safer for motor carriers and the public alike. When

you go to the CSAs website, http://csa.fmcsa.dot.gov, you can search carriers and the site will give

you multiple scores and ratings regarding carriers in the industry.

For example, NTCs scores versus 5 other random carriers are as follows:

This gives anyone who uses transportation carriers the ability to see not only how your providers

stack up but how anyone in the industry stacks up. This is a great tool as it makes your carrier ac-

countable and allows you, as the client, to make sure they are doing a satisfactory job.
http://csa.fmcsa.dot.gov/http://csa.fmcsa.dot.gov/http://csa.fmcsa.dot.gov/

Documents

NTC Newsletter 1st Quarter