Advertiser Resource Index


Continental Owner Operators, Ltd. ...................................................................................................................7 Garlington Lohn Robinson....................................................................................................................................7 GreatWest Casualty Company...........................................................................................Inside front cover J.J. Keller & Associates ...........................................................................................................................................14 K.R. Rauch Company/Wilson Trailer..................................................................................................................4 Montana Peterbilt................................................................................................................................. Back cover Montana StateFund...............................................................................................................................................10 PrePass..........................................................................................................................................Inside back cover Roadwise .....................................................................................................................................................................12 Wells Fargo Equipment Finance .........................................................................................................................4 UPS................................................................................................................................................................................11


This edition of Roadwise was made possible with the support of these corporate advertisers. They support the trucking industry by enabling MCM to provide this publication to its members, prospective members, elected officials and the business community at large. They deserve your consideration and patronage when making your corporate purchasing decisions. Thank you!


PLEASE VISITMTTRUCKING.ORG TO SEE THE DIGITAL VERSION OF ROADWISE WITH LIVE LINKS TO ADVERTISERS’WEBSITES.


CALENDAR OF EVENTS


MARCH March 13


March 14 March 19


AUGUST August 14-16


Billings Safety Meeting ~ 11:30-1 PM Location TBA Speaker & Topic TBA


Helena Safety Meeting ~ 11:30-1 PM Location TBA Speaker & Topic TBA


Missoula Safety Meeting JokersWild, 12-1 PM Speaker & Topic TBA


Annual Convention Holiday Inn Grand Billings MT


ECONOMY Continued from page 13


Also, federal budget deficits continue to


be a $1 trillion annual problem. The strategy of increasing taxes on the rich won’t bring the budget into balance because while only 2.3 percent of households have annual incomes over $250,000, they already pay 30 to 35 percent of all income taxes.Cutting only discretionary spending also won’t be enough because the bulk of government funds go to defense, Social Security, Medicare, Medicaid and interest on the national debt. The improving economy has resulted in


rising driver turnover rates at both large and small truckload carriers to about 100 percent levels. That will be a continuing problem, especially as the housing market picks up steam and more potential drivers take


14


construction jobs. The driver shortage that began forming in 2012 is projected to reach 239,000 openings in 2022. The industry will need 96,178 new drivers in the next 10 years, 37 percent because of retirements and 36 percent because of industry growth. Small fleets face unique challenges. Some


are struggling to get credit and selling two trucks in order to buy one. More than 30 percent are leasing their vehicles rather than buying them. Still,Costello said, trucking remains


remarkably diverse with both large and small companies. “This is still a very competitive market with a lot of different players in it,” he said. “Is it more consolidated than it once was? Sure. But compared to other industries, it’s still very competitive. There are a lot of players.” RW


ROADWISE | ISSUE 1, 2013 | www.mttrucking.org RW


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