Page 8 - Arkansas Trucking Report Volume 23 Issue 2
P. 8

THEY SAID IT









             “Trade wars aren’t so bad.”




             —President Donald Trump, at a joint press conference with the Prime Minister of Sweden on the tariffs the U.S. is imposing
             on steel and aluminum
                                                                           Mr. President, you care
                    “As we transition the                                     about truck drivers



                    fleet to the automatic                                       and we see that…



                 transmission fleet it will                                 Thank you so much for


                  help our cost structure,                                       fighting for us.”


                  but it will also help our                                —Quinton Ward, professional truck driver with


                                                                           Operation Freedom, Werner Enterprises speaking
                recruiting efforts because                                 in the Rose Garden on positive impacts of tax
                                                                           reforms

               we’ll be able to access the                                      “That to me is


                driver pool that we had a                                         an issue that
                                                                                       has greater
                 hard time tapping into.”                                                    financial



             —USA Truck CEO James Reed, commenting on recruitment in the         ramifications
             company’s 1st Quarter Earnings Call                             to the industry
                                                                               and has driven

             “This actually is our No. 1 Priority …                                up insurance

             Once one of the cases are successfully                                          costs for
             litigated, all the ‘me-too’ lawsuits                                     all carriers,

             start focusing on much smaller motor                                  regardless of

             carriers downstream. It becomes legal                                           the size.”
             blackmail against a small business.                           —Brad Delco, managing partner at Stephens Inc.,
                                                                           explaining the lack of regulation related to tort
             —Joe Rajkovacz, Head of government affairs for Western States   reform could have greater financial impact on
             Trucking Association, commenting on the Denham Amendment      carriers than existing regulations

        8                                                                            Issue 2 2018  |  ARKANSAS TRUCKING REPORT
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