LTL carriers - Hi, I�m Mike Regan with TranzAct�s two-minute warning for that week of January 6th. This will be our first official two-minute warning of the new year plus this two-minute warning we want to talk about the types of things that shippers and 3rd parties and carriers might find in 2014 and that we also want to share some good info about what�s happening with YRC. With respect to 2014, recently I was inspired to enroll in a panel of experts and share our predictions in what we'll be seeing that we march off into the year, and that i thought there was three stuff that shippers, third parties and carriers are going to want to spotlight. Specifically, you�re likely to want to watch whats happening with capacity. We�ve warned you in other two-minute warnings, if GDP ever got above 2.5%, it may be difficult to get trucks to move your freight in some lanes so when the us government arrived on the scene and announced the GDP of four years old.1% for the third quarter, it absolutely was no coincidence that people saw the freight indexes increasing and shippers beginning to report that they were in fact discovering it harder to move trucks. The second thing we believe you�re going to desire to take note of is, what happens with LTL rate structures and also the reason behind this is because the LTL carriers will continue to focus on density based pricing.LTL carriers - Additionally, also they�re planning to review assessorial schedules and also the basis for this is because the LTL carriers have told us that the assessorial fee structures are really essential in to compensate the LTL carriers for the way their devices are used. The next thing we would like one to pay attention to may be the issue of vicarious liability in whats within your transportation contracts, now we don�t have to beat this up because we simply covered it a few weeks ago in a two-minute warning, but we feel it�s vitally important for you to research your transportation contract to make sure they protect your interest. Using respect to YRC, a couple of weeks ago, it had been announced that they had reached a tentative using their lenders to restructure to a significant percentage of debt, and that�s great news. The actual alternative that YRC has to do is get the teamsters to approve a legal contract which will extend on into 2019, and that i know a lot of shippers and organizations and also carriers are paying attention to this because YRC is definitely a important player inside the LTL sector. Using every single two-minute warning we�re here to remind you that we're in your team and we�re here to aid but moreover we�re excited about working together with you to be successful and that�s why for those who have any comments or questions or just want to talk about the types of things that could impact your financial budget in 2014, we encourage you to reply here or give us a call today. Interesting time
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