...Action Jeffrey Wenstrand MGT401: Hazardous Materials Management Instructor: William Cusack February 24, 2014 Action Plan In this paper I will be talking about what to do in case of a fire on our property. I will be preparing an Incident Action Plan for the fire, and I will be explaining everything that you need to do in this event. • Identify at least two incident goals (i.e., where the response system should be at the end of response) and at least two operational objectives (i.e., major areas that must be addressed in the specified operational period to achieve the goals or control objectives). There are two conditions within this scenario that I see wrong. The first thing I see is that the driver was driving too fast for conditions. The other thing that I noticed that might have happened is that he is either really tired, not paying attention to what he is doing, or both. I would also take a look around see any possible cause for why he slid. I would also want to know what the situation was surrounding what he was doing. Was it really icy, or were the docks dry? Did he have help in backing up the truck, or was it in a blind spot that he couldn’t see? There are many variables that need to be considered. • Describe at least two response strategies (i.e., priorities and the general approach to accomplish the operational objectives) and at least two response tactics (i.e., specific methods developed to achieve the response strategies). The first thing...
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...Job Analysis/Job Description Latoya Roberts Dr. Jennifer Young Strayer University HRM530: Strategic Human Resource Management October 31, 2015 Job Positions/Job Analysis The 17 billion dollar franchise model company that most know as 7-Eleven is 82 years old, operating over 36,000 convenience stores across the US with a mission to be better. (Undercover Boss-7 Eleven, 2014). This enterprise offers thousands of different job positions that permits the organization to have continued success. Most organizations perform a job analysis to guarantee that the selection procedures they utilize to choose between job applicants are effective but defensible and measure knowledge, skills, abilities and personal characteristics to perform the job requirements (Stewart & Brown, 2011). The 7-Eleven enterprise has several positions that are essential to the customers, like the Night-shift clerk and the Delivery truck driver. These two positions impact the consumer on different levels, unlike the night-shift clerk the delivery driver has little contact with the client. A delivery truck driver and night clerk are entry level positions. The night clerk ensures that all customers are serviced and that merchandise is readily available for purchasing. Delivery truck drivers are responsible for ensuring products are in the store for the client. Customers expect the store to be opened with proper staffing 24-hours a day and have suitable merchandise to meet their needs. The night...
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...provide the vision, mission, and values for the organization’s that will help determine the strategic direction. A well define mission statement will not only help guide a company to success but also define the owner, employees and also set you apart from your competitors. Before creating a mission statement is important to have a vision statement that will convey what the intent for the future of the company and clarify the organizations beliefs and principles. My vision for my independent trucking business would be “To be the most requested independent driver in central Texas by providing first class transportation solutions.” My long range goal is to broker my own deals with the shippers, drive the goods myself and own my own truck. With the vision statement clarifying my trucking company’s goal and where I want to be in the future; the next step is to make a mission statement to capture the reason to be in business and what will help in making company decisions. Central Texas Trucking Company (CTTC) is dedicated to the principal and philosophy of being the best domestic transportation throughout Texas. As an independent trucker, I will provide transportation solutions with the highest commitment to excellence and integrity. In any business, a vision, mission, and values will help guide the organization’s strategic direction. When seeking direction a business should conduct an assessment internally and externally. In conducting a SWOTT analysis it will help to determine...
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...New Technology in the Trucking Industry Sheila Hanson Southern New Hampshire University English Composition II (Eng.123) Professor McIntyre December 15, 2014 New Technology in the Trucking Industry Drivers who travel the interstate have shared the road with an 18 – wheeler, which incorporates a large portion of the transportation service industry (also known as the trucking industry), and have witnessed firsthand new technology working not only to protect the driver but you as well. New technology is defined as the specific methods, materials, and devices used to solve practical problems. Research has shown that new technology has been both helpful and harmful in changing the trucking industry, but was needed. The electronic log, an electronic clearance system (also called PrePass), and the on-board computer (also called EOBRs which stands for Electric On-Board Recorder) are some of the new technologies implemented by the trucking industry that are designed to improve safety, productivity, and help the trucking industry keep up with the changes of the manufacturing and distribution industry's choice to keep a lower level of inventory on hand by using the just-in-time business practice. The following table illustrates the major changes to the trucking industry by Congress that required new technology, in order for the trucking industry to comply with the new regulation. Table 1-History of Changes in the Trucking Industry Date | Event | 1935 | Congress passed the...
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...Women in the trucking industry Women in the trucking industry Reference Page What is the value of the Women in Trucking Association Western Trucking News March 2016 Issue 94 https://www12.statcan.gc.ca/nhs-enm/2011/as-sa/99-012-x/99-012-x2011002-eng.cfm https://www.truckinghr.com/en/content/women-drive http://www.mover.net/movers/news/releases/NationalOccStandardsChart.pdf https://www.thestar.com/business/2016/05/16/trucking-industry-faces-labour-shortage-as-it-struggles-to-attract-young-drivers.html http://www.cnbc.com/2015/12/16/the-next-big-thing-in-us-trucking-female-drivers.html http://breakawaystaffing.ca/women-in-trucking/ The article I chose for this assessment was about women in the trucking industry, and how the Women in Trucking Association (WIT) started. It began with small group of thoughtful, committed individuals who’ve been focused on increasing the percentage of women employed in the trucking industry. The article brings attention to the fact that, although women make up half the labor force, a very small percentage are in the trucking industry. One of the goals the Women in Trucking organization has is to address reasons why women aren’t fairly represented in trucking industry roles. They’ve conducted research to better understand what women are looking for in a company, what values attract them and where to find potential female drivers. The article discusses how some trucking manufacturers are now changing cab designs...
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...Staffing Plan Peter Adija University of Phoenix Human Resources Management – MGT/431 Instructor David Mallory June 28, 2010 Staffing Plan Huffman Trucking (HT) is a company that has always gone against the grain. It has always taken the bold moves when others remained cautious and fearful. HT flourished through the uncertain times during and after World War II. And midway through 2010 with many economist and pundits forecasting that the economy will not get better soon and may relapse into a “double dip” recession, HT has sought to make the courageous move and take advantage of some of the positive signs in the market and bravely engage in hiring and re-staffing reflecting the company’s goal of expansion. Employees of a company are not just responsible for carrying out their duties while at work; they are responsible for representing the companies they work for on, and sometimes, off duty. Employees today should be aware that what they say and do off-duty could cause them their jobs. Recently a waitress in Charlotte, NC went on the social networking site Facebook, to vent about her tip from a customer. She rudely spoke about that customer and soon management discovered her post. (Frazier, 2010) Some may say this incident borders on issues of privacy but from a management perspective there is the image and well-being of the company to worry about. Employees are an extension of the company. Hiring employees is not just about body counts. A qualified individual...
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...Schedule for Implementing a Driver Control Program MKTG6513 Abstract This marketing plan is used on lessening driver turnover by reducing the communication gap between drivers and dispatchers. For each of the three years of the marketing plan, a trucking company starts with$1,000,000. To prevent repeating prior mistakes which cause drivers to leave the company, effective marketing and promotion which highlight the change in hiring style need to be implemented. To be effective in a trucking company, technology plays an imperative role which is utilized very carefully in this plan to remain within the budget while using most of it. In order to retain and minimize the turnover percentage of drivers, their training is vital, so that they represent the company in a more effective manner and help the company to retain the client. Together, the relationship of drivers with dispatchers and technology suggest the company can generate profit with a moderate rate. The prevalent concern confronting the trucking business is not the mounting fuel and insurance expenses, but rather, the aptitude to entice, recruit and preserve excellent drivers. According to Keller and Ozment (1999), “[1] the cost to replace a driver has been reported to range from 3,000 to 12,000 dollars [1]” (p. 99). Where does one start to better retain a quality driver? Chances are you have many worthy drivers in your fleet, and the odds are even...
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...American Trucking Company has recently been experiencing an increase in stolen loads—a loaded tractor/trailer is stolen and the load sold. The merchandise is often worth thousands of dollars, sometimes exceeding the value of the tractor/trailer. American Trucking, while wishing to recover both the load and equipment, seeks a way to locate the tractor/trailer at all times so they can dispatch their security team to retrieve the load before it is sold on the black market (as well as to retrieve the truck/trailer before it is vandalized). They have engaged the services of Truck Locators, a provider of locating services to the trucking industry. Truck Locator’s Truck Finder services is a one-way messaging service that routes messages from the truck on the road to the trucking companies offices. The trucking company is provided with detailed information: GPS location of both the tractor and the trailer, speed of the truck/trailer, whether the trailer doors are open, how much weight the trailer is carrying, etc. Truck Locators must install a dedicated hardware unit on the truck and the trailer before the Truck Finder service can be used. Customers generally sign their contract on the date of the sale for both the hardware (devices) and for the truck monitoring services. Service contracts generally have a duration of 12 months and are billed monthly. Service and devices are sold at standard rates, but discounts are offered depending on the number of units purchased and placed in...
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...quality of air and environmental safety of your resident’s has been a priority on your list of concerns. I recognize and appreciate the efforts the City of Commerce has done by addressing the concerns of the added pollution caused by the trucking traffic and railroad yards. I understand there has been many letters written from the City of Commerce to the Los Angeles City Council regarding the Draft Environmental Impact Report (EIR) that was prepared for the Southern California International Gateway (SCIG) project which addresses the potential growth of the railroad yards that is needed to accommodate the increased rail and container traffic. The increase in traffic will also increase the poor quality of air emitted in the City of Commerce. The lead agency is the public agency which has the principal responsibility for approving a proposed project such as the SCIG. The railroad yards and trucking transportation is the main industry of this city that increases the revenue, but the environment must be a safety priority to your residents. How can the city continue to increase their revenue without continually putting the residents at an increase in health risk due to the smog and carcinogen causing pollution from the trains and trucking industry? The National Environmental Policy Act (NEPA) is a statewide policy that was passed by the United States federal government for environmental protection. The California Environmental Policy Act (CEPA) passed in 1970, which does not...
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...THE DRIVER Steve Stevens BUS 303 Any One November 05, 2011 Everyone knows that no matter what side of the world you come from work is a necessity. Without an education finding a successful career path is often a hard route to travel. Training is the ultimate booster in the job market and performance is often based on the level of training you have at that specific task. Now don’t let me lie money doesn’t buy happiness but I surely believe it can help you get the things in life that will make it that much easier. As a delivery driver of a commercial organization you are often required to follow federal and state regulations in order to remain legal. Today you will get an aspect on what it takes to be a driver in the high demand commercial field as well as one of the top liquor distribution companies in the United States. Daily tasks, procedures, and the basic skills needed to perform this job will be discussed during this paper. According to a recent employment opportunity with our organization some of the basic duties and descriptions can be described as but of course not limited to “Perform daily pre-trip and safety inspections on equipment prior to commencing route. Partner with routers to acquire delivery schedule and communicate delays, arrivals, and/or equipment problems as encountered. Drive established route to deliver wine and spirits beverage products to assigned customers” (Southernwine.com, 2013). As stated above this is not the limit...
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...The American Trucking Company has recently been experiencing an increase in stolen loads—a loaded tractor/trailer is stolen and the load sold. Loads of merchandise are often worth thousands of dollars, sometimes exceeding the value of the tractor/trailer. American Trucking, while wishing to recover both the load and equipment, seeks a way to locate the tractor/trailer at all times so they can dispatch their security team to retrieve the load before it is sold on the black market (as well as to retrieve the truck/trailer before it is vandalized). They have engaged the services of Truck Locators, a provider of locating services to the trucking industry. Truck Locator’s Truck Finder services is a one-way messaging service that routes messages from the truck on the road to the trucking companies offices. The trucking company is provided with detailed information: GPS location of both the tractor and the trailer, speed of the truck/trailer, whether the trailer doors are open, how much weight is the trailer carrying, etc. Truck Locator’s installs a dedicated hardware unit on the truck and the trailer before the Truck Finder service can be used. Customers generally sign two contracts, one governing the dale of the hardware (devices) and the other providing the provision of the service. Service contracts generally have a duration of 12 months and are billed monthly. Service and devices are sold at standard rates, but discounts are offered depending on the number of units purchased...
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...Enterprise Case Study BADM 481 By: Jerry Smith 11/25/2014 Werner Enterprises is a superior long haul trucking and logistics company that was founded in 1956, by Clarence Warner and is headquartered in Omaha, NE. It was started as a company with a single truck and has since grown into the 4th largest trucking company in the United States with 7,300 tractors and 24,000 trailers servicing North America, Asia, Europe, South America, Africa and Europe (http://www.werner.com/content/about/) Werner Enterprises offered their initial public offering in 1986 with only an inventory of 630 trucks. In the 1990s, Werner Enterprises had increasingly moved into specialty trucking, including dedicated fleet services. Innovations such as the company's paperless log system have helped put Werner at the forefront of growth in the trucking industry (http://www.company-histories.com/Werner-Enterprises-Inc-Company-History.html) In mid-1990 they had a little over 100,000 stocks outstanding with a stock price of $3.00 as of November 21, 2014 they had just over 500,000 stocks outstanding with a stock price of $29.08. Werner enterprises has grown to become one of the trucking industry’s leaders by using late model equipment, being a leader and innovator in technology, along with their vast worldwide carriers and providers. Though Werner Enterprises is one of the main leaders in the trucking business they are not without tough competitors. Below is a chart that shows the stock prices of Werner and...
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...goods, problems of finding qualified workers, and the chances of an individual getting a job with others competing for the same job. Trucking in the United States Introduction It is widely known that logistics is the life blood of anything major. The logistics and transportation industry in the United States itself equates for $1.33 trillion in 2012, and represented 8.5% of annual gross domestic product.(SelectUSA) From major military operations, to the factory floor; aircraft, trains and trucks are relied upon to bring food, medicine, and building supplies to the people that require them. But many of the logistical options out there have limitations. Airplanes cant land at your local grocery store, and building railroads to every store is incredibly costly and inefficient. Trucking and it's effects That is where the trucking industry comes into play. According to The American Trucking Associations reports, in 2012 alone, trucks moved 9.4 billion tons of freight or 68.5% of all freight tonnage transported domestically, and collected $642 billion in revenues or 81% of total revenue earned between air, maritime and rail industries.(ATA, SelectUSA) With this information, it can be concluded that the trucking industry is very important to the United States economy. An article posted on Overdrive.com stated that if the trucking industry shutdown completely, the supply of gasoline would run out in a matter of hours, manufacturing...
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...This Week 60 years amid the recession. Shipments grew 5 percent from August to September, suggesting retailers expect consumers to keep buying despite the flurry of economic warnings. CHARTER MEMBERS Top 10fleetoperators of chartered vessels, capacity in TEUs, as of Oct. II. MEDrrERREANEAN SHIPPING CO. CMA CGM GROUP APL Container Charter Rates Plunge PLUMMETING RATES FOR c o n t a i n e r ship CSAV GROUP HAPAG-LLOYD COSCO CONTAINER UNE EVERGREEN UNE HANJIN SHIPPING "K" UNE 0 Source: Alphaliner, www.alphaliner.com 300,000 600,000 900,000 1,200,000 1,500,000 charters signal just how great vessel overcapacity has become as carriers struggle to squeeze out better margins on their own vessels. But the falling charter freight rates also reward carriers that have been able to better match their own supply to demand. The average daily rate for a gearless standard 4,250 20-foot equivalent container ship on a two-year charter has fallen by half to about $14,750 since March, according to the Hamburg Shipbrokers Association. Mediterranean Shipping Co. appears to be at the front of the line at the fire sale, followed by Maersk Line and CMA CGM. MSC reportedly fixed three 5,000-TEU ships at less than a third ofthe price they were fetchingfive months ago. Although it denied reports this week that it was adding vessel capacity, CMA CGM confirmed it was "looking at various charter projects with a number of shipyards and financial projects." Carders Scale Back Capacity S...
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...Value/EBITDA Multiple l The Classic Definition Value Market Value of Equity + Market Value of Debt = EBITDA Earnings before Interest, Taxes and Depreciation l The No-Cash Version Value Market Value of Equity + Market Value of Debt - Cash = EBITDA Earnings before Interest, Taxes and Depreciation - Interest Income Reasons for Increased Use 1. The multiple can be computed even for firms that are reporting net losses, since earnings before interest, taxes and depreciation are usually positive. 2. For firms in certain industries, such as cellular, which require a substantial investment in infrastructure and long gestation periods, this multiple seems to be more appropriate than the price/earnings ratio. 3. In leveraged buyouts, where the key factor is cash generated by the firm prior to all discretionary expenditures, the EBITDA is the measure of cash flows from operations that can be used to support debt payment at least in the short term. 4. By looking at cashflows prior to capital expenditures, it may provide a better estimate of “optimal value”, especially if the capital expenditures are unwise or earn substandard returns. 5. By looking at the value of the firm and cashflows to the firm it allows for comparisons across firms with different financial leverage. Value/EBITDA Multiples: September 1997 Value/EBITDA Multiples: September 1997 600 500 400 300 200 100 0 Std. Dev = 14.65 Mean = 12 N = 3820.00 VEBITDA The Determinants of Value/EBITDA Multiples:...
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