Yudi Persaud’s Post

Is BC going to pay for lost wages? Get paid by the mile. If the speed limit is 75 mph, 80 or 85 mph or 110 kph in different jurisdictions then who's paying for the truckers lost wages when they bring food and other goods to BC. Some, very few have a California bonus because trucks are limited to 55 mph, which so stupid its dangerous when the speed limit is 75 mph for everyone else and they do 85 mph it like randomly placing obstacles on a road with a 50 kph speed limit.  https://lnkd.in/gwBPfJqe

You may have heard about the passing of the Closing the Loopholes legislation in early February. 📜 The bill’s passing heralds several changes to Australian workplaces, including all trucking businesses. 🚚 Here are five quick takeaways for our industry: • Road transport minimum standards will apply to owner drivers and similar small trucking businesses • The Fair Work Commission will be required to avoid unreasonable adverse impacts on sustainable competition and compliance costs • the Fair Work Commission will also be required to have regard to the commercial realities of the road transport industry and that owner drivers have chosen to be contractors, not employees • The Commission’s new power to make contractual chain orders will enable it to stamp out unfair contract terms including excessively long payment times, unfair rate review and fuel levy clauses, and one-way terminations for convenience • The bill will also allow the Commission to hear unfair contract and termination cases from owner drivers and other small road transport contractors For a detailed look at how the bill impacts on trucking employers and employees, have a look at this article from the Australian Trucking Association: https://lnkd.in/gJgSX9uU Looking for a simple way to stay on top of the ever-changing compliance requirements? Have a look at our dedicated Compliance Automation solution here: https://lnkd.in/gKdNHM3B #transportmanagement #supplychainmanagement #logisticsmanagement

The HGV industry faces significant challenges that impact its operations: - High operating costs, driver shortages, inadequate road infrastructure, and environmental pressures are straining the haulage sector. - In the UK, road transport plays a crucial role, moving 98% of food and agricultural products and 89% of all freight. With around 60,000 road haulage firms, the industry contributes £13.5 billion annually to the UK economy, representing 5.6% of the GDP. - Despite its essential role in supply chains and the economy, the industry operates in a fiercely competitive environment with slim profit margins and increasing regulatory burdens. For businesses in the haulier industry grappling with these issues: - Increased business costs - Pressure from driver shortages on wage growth - Transport expenses inflated by poor infrastructure - Demand for significant environmental investments - Costs associated with adopting digital/AI technologies - Understanding the business implications and future prospects If you're facing these challenges, consider reaching out to DriverHire. We provide a range of services to support the Transportation & Haulier industry, including: - Driver CPC - dh Licence Check - Licence Acquisition - Transport Manager Training - IOSH Health & Safety Training - Driver Risk Management Message me for more information on how DriverHire can help alleviate the burdens faced by the industry. #haulier #transport #cpc #licence #aquisition #dhlicencecheck #transportation #iosh

You may have heard about the passing of the Closing the Loopholes legislation in early February. 📜 The bill’s passing heralds several changes to Australian workplaces, including all trucking businesses. 🚚 Here are five quick takeaways for our industry: • Road transport minimum standards will apply to owner drivers and similar small trucking businesses • The Fair Work Commission will be required to avoid unreasonable adverse impacts on sustainable competition and compliance costs • the Fair Work Commission will also be required to have regard to the commercial realities of the road transport industry and that owner drivers have chosen to be contractors, not employees • The Commission’s new power to make contractual chain orders will enable it to stamp out unfair contract terms including excessively long payment times, unfair rate review and fuel levy clauses, and one-way terminations for convenience • The bill will also allow the Commission to hear unfair contract and termination cases from owner drivers and other small road transport contractors For a detailed look at how the bill impacts on trucking employers and employees, have a look at this article from the Australian Trucking Association: https://lnkd.in/gH5KrEqU Looking for a simple way to stay on top of the ever-changing compliance requirements? Have a look at our dedicated Compliance Automation solution here: https://lnkd.in/gRdZEYpQ #transportmanagement #supplychainmanagement #logisticsmanagement

A cheat doesn't cheat on just one thing - it's their default modus operandi.  I've seen trespassing, fraudulent permits and licenses, cargo theft, freight hijacking, wage theft, tax avoidance, and more. And still, the government does nothing. We need some enforcement that carries consequences when fines are ignored and the impact is non-existent. Someone needs to follow the money and see who is being influenced. #DriverInc #followthemoney #trucking #FairWageDrive https://lnkd.in/gZW7fNKY

Do you pay car allowances?? Do you receive a car allowance? Car allowance is a payment made by employers to employees to cover the cost of using / insuring / maintaining their personal vehicle for work related purposes. It's an increase in salary and is taxable too. Putting aside the tax payable and money lost by BOTH employers and employees to pay car allowances to staff, car allowance also brings about a different issue - GREY FLEET!! What's that you ask!? Grey fleet consists of employees personal vehicles which are REGULARLY used for business purposes. There are risks with this - SAFETY - limited company control over condition and maintenance of vehicles LEGAL & COMPLIANCE - appropriate insurance, tax, MOT, relevant, clean driving licences ENVIRONMENTAL - emmissions standards and fuel efficiency COSTS - fuel and administration costs for expenses claims Luckily, I have a solution to all the above AND a way to mitigate tax costs!! #greyfleet #fleet #employeebenefits #employers #emmissions #environmental

When an employee who has a company vehicle receives fuel from their employer for personal use, they are typically obligated to pay the car fuel benefit charge. This charge can be avoided if the employee reimburses the employer for any personal fuel usage. Nonetheless, the car fuel benefit charge remains applicable if it cannot be proven to HMRC that the driver has covered the cost of all fuel consumed during personal trips, including the commute to and from work. For the tax year 2023-24, the deadline for reimbursing private fuel provided is 6th July 2024. #CompanyCar, #FuelBenefitCharge, #EmployeeBenefits

In light of recent events highlighting the struggle of drivers at True North Freight Solutions to receive their unpaid wages, it's a stark reminder of the importance of seeking employers who prioritize a People First culture and actively support Sustainable Development Goals (SDGs) and Environmental, Social, and Governance (ESG) standards. A People First approach is not just about fair compensation; it's about creating an environment where employees feel valued, heard, and supported. It's about building a workplace that aligns with the core values of sustainability, inclusivity, and empowerment. Supporting SDGs and ESGs is crucial for fostering a sustainable future. It's about ensuring that businesses not only thrive economically but also contribute positively to society and the environment. At DriverDX, we are committed to transforming the driver-supply chain to address these very issues. Our goal is to ensure a sustainable driver supply that not only meets the demands of the present but also secures the future of the transportation industry. Let's take this as a call to action to advocate for and align ourselves with organizations that not only meet the basic standards of employee welfare but go above and beyond to create a better world for all. Together, we can drive change and build a more sustainable, equitable future. https://lnkd.in/eng8ifCy

“…The average dry van linehaul rate was $1.63 per mile, down 1 cent from June but flat year over year. The average refrigerated rate was $1.98, down 1 cent month over month but up 1 cent year over year. Flatbed rates suffered the most, with the average dropping to $1.97, down 5 cents from June and down 6 cents from a year prior…” I noticed spot rates for the mainline trucking segments. The larger segments do have better cost synergies than niche segments due aerodynamics, some volume discounts. Lets breakdown the basic costs for all miles driven (loaded and empty): Fuel (8 mpg) $0.45 Payroll Expense ($0.50 driver pay, with benefits, PR tax, Workers Comp, etc). $0.82) Optimum Maintenance $0.16 Insurance Optimum $0.21 Support, ancillary costs $0.28 Truck acquisition realized in standard depreciation $0.24 Trailer pool, (will vary by fleet size). $0.17 $2.33 is the (low) estimate of cost per every mile driven. Note this is basic cost without every income statement line item inputted (these are costs too). The niche sector costs (bulk, tanker, auto transport, etc.) are easily 30% higher at a minimum. Depending on deadhead, and quoted rate, a carrier is likely operating at or near loss ratios. This does not address maintenance downtime expenses (driver pay , hotel, rental car to move a driver to operational equipment when major breakdowns occur), training, orientation. Brokers, shippers, when a carrier asks for a rate thought to be outlandish, break out the calculator. The pandemic period and aftermath “leveled” the playing field for carriers of all sizes, to include expenses. If a carrier quotes a rate below cost synergies, enjoy it, because that carrier can’t do it very long, at all…and stay in business.

Almost all motorists (96%) say solving the potholes crisis should be the number one priority for the new Labour government, according to new research. Read the full article here 👇🏻 #AutomotiveAftermarket #MotorIndustry #Potholes #AutomotiveNews