Sneaky Company!!!

I couldn't agree with you more. There are things you partner or share with your employees. When it comes to the BIG PICTURE some just won't ever get it no matter how many pictures you draw out for them.

 

Ok but if you can only run 64, then figure in the scale stops etc etc etc.. What would you average then?

 

The following comes from the Conway annual report just filed with the SEC.


Price and Availability of Fuel
Con-way is subject to risk associated with fuel purchases. The availability and price of diesel fuel are subject to political, economic, and market factors that are outside of Con-way’s control. Historically, Con-way has had the ability to obtain fuel from various sources and in the desired quantities. However, an inability to obtain fuel in the future could have a material adverse effect on Con-way. Con-way’s business units in the Freight, Truckload and Logistics reporting segments are subject to the risk of fuel price fluctuations. Con-way’s business units in the Freight and Truckload reporting segments have fuel-surcharge revenue programs in place with a majority of customers, and its Menlo Logistics business unit has terms in most of its customer contracts that allow recognition of fuel-surcharge revenue designed to eliminate the adverse effect of rising fuel prices on purchased transportation. Increases in fuel costs, if not offset by base freight rate increases, fuel surcharges or other cost-recovery mechanisms, may have an adverse effect on Con-way’s results of operations.
Con-way’s fuel-surcharge revenue programs have helped to mitigate and, in some instances, eliminate the adverse effect of rising fuel prices. However, there can be no assurance that its fuel-surcharge programs will continue to be effective. Competitive pressures or other events may limit the ability of Con-way to assess its fuel surcharges. At times, in the interest of its customers, Con-way Freight has temporarily capped the fuel surcharge at a fixed percentage. In addition, Con-way Truckload may incur fuel costs that cannot be recovered because those costs are incurred in connection with engines being idled during cold or warm weather and empty or out-of-route miles that cannot be billed to customers.
As fuel prices have risen, the fuel surcharge has increased Con-way Freight’s yield and revenues, and the business unit has more than recovered higher fuel costs and fuel-related increases in purchased transportation. However, because the fuel surcharge program is part of the overall rate structure for Con-way Freight, increases in fuel surcharges often adversely affect the base freight rates that Con-way Freight can otherwise charge to customers. Con-way Freight’s operating income may be adversely affected by a decline in fuel prices as lower fuel surcharges would reduce its yield and revenue unless the reduction was offset by increases in base freight rates and other accessorial charges. Whether fuel prices increase, decrease, or remain constant, Con-way Freight’s operating income may be adversely affected if market pressures limited Con-way Freight’s ability to assess its fuel surcharges. Con-way cannot predict future fuel prices, Con-way Freight’s ability to recover higher fuel costs through fuel surcharges, or the effect that changes in fuel surcharges may have on Con-way Freight’s overall rate structur

 

I agree with you .....I too thank God we live in a country where we can try again and again otherwise I'd have wasted my only chance early in life when I was way to stupid to even realise it.

 

I tried to post a msg this morning from the CONWAY ANNUAL REPORT. CONWAY is a publicly traded company and the report is required to be filed with the SEC. It gave an insite as to how 1 company was making money off the higher fule prices. No copyright applies to public domain govt filings. So, one can only assume that this web site does not want to give their readers the truth on subject matter.

 

Actually, it is probably more related to your (lack of) necessary posts required to post such things as hyper-links or URLs. If it is all that important, PM a Forum Staff member and they will post it for you.

 

Clarification please.

From reading some of the threads, it would appear that some believe that running faster means earning more. How? There's no guarantee that once you've reach your final destinaton another load is in waiting, so what's the point of rushing. Just my .02.