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company, offer premium wages, pre-
                                                                                    mium benefits, and great working con-
                       “eVerythiNg we do is a team effort.”                         ditions. Most of our drivers are out no
                                                                                    more than one night, two at the most,
                                                                                    and many of our drivers are home the
              big issues we face is what’s commonly   still in the rule-making process.  same day. Paying higher wages and ben-
              referred to as the orphans – people in   Another ongoing issue is the driver   efits enables us to attract drivers oth-
              funds that have benefits coming to   shortage that’s been around since 2005   ers can’t. We’re able to hire good, safe,
              them, but their employer is no longer   or 2006. The fluctuating state of the   experienced drivers, but as the driver
              in existence and making contributions   economy has a direct effect on ABF’s   shortage worsens that dynamic changes
              to those funds. When a company fails,   ability to hire drivers, said Slagle.  a little bit.”
              their obligations fall to the remaining   “There’s a significant migration   That’s a metric that won’t be unfa-
              members of the funds. The Pension   between carpentry and other construc-  miliar to anyone in the industry. But
              Protection Act comes up for renewal in   tion work and truck driving,” he said.   running an LTL carrier like ABF also
              2014 and we’d like to see Congress give   “During the times when the housing   means there are some challenges in
              multi-employer pension plans greater   industry is very weak, people tend to go   front of Slagle that counterparts in the
              leeway in dealing with their underfund-  into truck driving; and when the hous-  truckload side of the industry might not
              ing issues.”                       ing industry picks up, there’s migration   be facing.
                 The Affordable Care Act, even   from trucking into those other trades.  For example, the company employs
              though delayed by one year, is also very   “At ABF, we probably have higher   people in all 50 states plus Puerto Rico
              much on his radar, as it is for any busi-  than average age for our over-the-road   and several Canadian provinces so stay-
              ness, he said. There’s a lot of study going   drivers,” he said. “When I first discov-  ing on top of differing employment and
              on and still more needed before it’s clear   ered that I was in HR, and that fright-  tax withholding laws is critical. And
              exactly how it will need to be imple-  ened me. But I’ve watched it over the   then there’s the complex tango of what
              mented and what impact it will have on   years and that age has held relatively   you can, and can’t, put on the same
              the business. Especially since states are   steady. For one thing, we’re a union   truck.




                                                                 Speed limitS.


                                                                 weight limitS.



                                                                 fuel coStS.


                                                                 more numberS are the laSt thingS a
                                                                 trucking company needS to worry about.

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                                                                 on Bell & Company for expert accounting and financial advice.
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        30                                                                            arkansas Trucking reporT | issue 3 2013
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