News from Chicago meeting

Discussion in 'Standard Forwarding' started by STDF.MSP.honestlogs, Apr 18, 2017.

  1. STDF.MSP.honestlogs

    STDF.MSP.honestlogs Member

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    The company is operating at 103. They act concerned they are losing money.
    They have invested $45 million in new equipment partly because they were tired of high maintenance
    costs with tired equipment. So they traded the high cost of maintenance for the high cost of buying a lot of new equipment. That they are losing $3 for every $100 of revenue is wonderful news. Losses to offset future profits.
    They are working on increasing business to spread overhead cost over more revenue. They have equipment depriciation, just what the accountants need.
    They are unhappy for the workmans comp injuries with roll up doors. Lack of maintenance is what causes that.
     

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