Click on the link above, and get a quick 4 slide show of how this site works.
The Eisenhower Highway System changed America. Prior to the construction of this network of freeways, our economy was more localized and dependent on local sources for consumer goods. Now, heavy trucks deliver consumer goods to market.
The primary issue that this industry faces is the cost of fuel. Fuel is the lifeblood that allows the engines to operate and generate revenue for the company. So for the owner, he needs to understand how this one cost can change from day-to-day. Once you understand this, you can better grasp the tools to control this cost for your long-term financial success. This section of INDUSTRY STANDARDS is dedicated to educating and providing knowledge to the small business owner involved in transportation.
These articles are written to provide knowledge and guidance for the business entrepreneur. They are generally longer than 1,000 words in duration and often exceed 2,000 words. In business, I have learned that you can not just deal with a problem with some short and quick answer, it doesn’t work that way. There are many variables involved and as such it takes time to understand these variables and how they interact with each other. Take your time to read these informative articles and use the information to assist you in reducing costs and generating more revenues. Remember business is about personal success in the form of financial gain and reduced stress. Act on Knowledge.
- On December 6, 2013, the Internal Revenue Service announced the mileage rate deduction for 2014. They reduced the amount allowed one-half a cent to 56 cents per mile. So how do you calculate and use the mileage rate formula for tax purposes?
- In any industry, especially transportation, it is essential for the owner of a business to understand how much it costs per mile to operate his vehicle, trucks or fleet. The formula looks simple and in reality it is; but you must understand the underlying elements to truly appreciate and comprehend the calculation.
- On December 10, 2014, the Internal Revenue Service announced the mileage rate deduction for 2015. They increased the amount allowed 1.5 cents to 57.5 cents per mile. So how do you calculate and use the mileage rate formula for tax purposes?
- One of the industries in the transportation sector is materials hauling. This is your dump truck industry. All of us see these trucks out on the highway usually hauling gravel or dirt. To profit well, efficiency is the primary business principle . Lack of efficiency drives up fuel costs, loss of time in hauling; increased maintenance and ...
- The transportation sector of the United States economy is comprised of nine industrial groups. One particular group moves more volume of tonnage based on ton miles than any other form of transportation – Railroads. In accordance with the Federal Department of Transportation, railroads move 39.5% of all freight in the US (based on ton miles ...
- The key to this investment is the asset allocation model. A common thread that binds all of them is that the asset side of the balance sheet is fixed assets intensive. Basically, more than 85% of the assets are fixed in nature.
- Railroad stocks are solid and steady investments. There is limited downside risk and adequate historical data to illustrate buy and sell points for an investor. If properly applied, an investor should earn yields of 18 to 30% year on year. Learn how to develop the investment model for this particular industry.
- This is purely a historical record of the investment fund for railroad stocks based on the value investing concept developing using business ratios.
- During the last 30 days, the fund held 13.52375 shares (original investment of $2,500) and sold them on 01/17/2020 at 9:40 AM when the price in the market hit the target under the value investment principle at $207.17. The value investing principle (simply stated) required the share price to hit the prior peak price which ...
- In addition, the price to book ratios are also higher than last quarter. The key question for me and this fund is figuring out if there is value in any of the stocks. To do this, I must fill out a table of various preferred ratios and then explain them in a write-up. This way ...
- In my prior article in this series, I mentioned an existing problem and that was the lack of volitility in the market. Today, I got what I wanted.
- The last two days have been expensive. Norfolk Southern’s value has dropped to $190.07. I currently have 49.060606 shares in the fund bought at two different prices two days ago. My total investment is $10,000. Thus, the current market value is $9,324.95 meaning the fund has decreased $675.05 in two days!
- In yesterday’s post, I indicated that if Union Pacific’s share price drops to $156.79 that the fund would use its excess cash to purchase shares. Well, today at 10:35 AM it did drop to $156.39.
- There are six Class 1 Railways traded in the US market. If you look at each railway’s respective annual and quarterly filings, all of them report certain key performance indicators (KPIs). Within the annual reports, the railway identifies the total number of revenue tons.