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The Truck Insurance Extremist: August 2007
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The Truck Insurance Extremist. Tuesday, August 28, 2007. GATS Getting Better All The Time. Finally the venue. The Dallas Convention Center while not quite as truck parking friendly as the Kentucky Fairgrounds is otherwise a perfect setting for this event. It’s clean, well lit, and roomy. Sources tell me it also lent itself well to some great evening tailgating. Congratulations to Randall Reilly Publishing and all who participated in GATS this year! Thanks for Checking In. Ed Campbell, III.
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The Truck Insurance Extremist: October 2007
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The Truck Insurance Extremist. Thursday, October 25, 2007. Mexican Truck Drivers: Why Stop There? That said opposing Mexican truckers on the basis of safety is completely disingenuous. Mexicans know how to drive safely and maintain their trucks. The real issue is money, or in this case the potential lack thereof facing U.S. truckers. Or are workers from other countries under bidding American workers for home grown jobs in this country? I completely understand why Mexican truckers want to run in the U....
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The Truck Insurance Extremist: February 2009
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The Truck Insurance Extremist. Tuesday, February 17, 2009. The Stimulus: Short-Term Gain for Long-Term Pain. Would you loan GM $1,000 bucks right now? Amazingly that’s exactly what the government hopes you'll do. Not surprisingly, the only consumers and businesses not in complete trouble at this juncture are the ones that have avoided excessive debt. Thanks for checking in…. Ed Campbell, III. Subscribe to: Posts (Atom). Ed Campbell, III. View my complete profile. 1st Guard Web Site.
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The Truck Insurance Extremist: March 2009
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The Truck Insurance Extremist. Wednesday, March 11, 2009. Second Thoughts on Greatwide Logistics. Greatwide's debt for equity swap not only gives it a new lease on life, but also a new start with a fresh set of owners. Dick seems genuinely pleased with this development. Having gained a sense about this man's determination to succeed, I can only conclude that Greatwide's future looks markedly brighter today than it did just a few months ago. Thanks for checking in…. Ed Campbell, III. Ed Campbell, III.
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The Truck Insurance Extremist: October 2008
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The Truck Insurance Extremist. Tuesday, October 28, 2008. No Bailout for the Insurance Industry. I don’t spend a lot of time analyzing cause and effect relationships in the stock market. Lately, however, I have noticed one fairly predictable correlation. Every time Treasury Secretary Paulson opens his mouth my retirement portfolio declines by another couple of percentage points. The insurance industry neither deserves nor requires any taxpayer assistance. Thanks for checking in…. Ed Campbell, III. Is the...
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The Truck Insurance Extremist: May 2010
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The Truck Insurance Extremist. Monday, May 3, 2010. Of Oil Slicks and Illegal Immigrants. You can't solve either problem until you stop the flow. Ed Campbell, III. Subscribe to: Posts (Atom). Ed Campbell, III. View my complete profile. Of Oil Slicks and Illegal Immigrants. 1st Guard Web Site. Picture Window template. Powered by Blogger.
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The Truck Insurance Extremist: April 2008
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The Truck Insurance Extremist. Thursday, April 24, 2008. In Trucking Capacity Counts More Than Fuel. Reports that more trucking companies went under in the first quarter of 2008 than at any time since 2001. http:/ www.landlinemag.com/Special Reports/2008/Apr08/042208 Trucking takes hit.htm. Tells us that truck repossessions so far this year have risen markedly. http:/ fleetowner.com/management/truck repossessions increase 0320/. And had the opportunity to speak with many owner operators. Most seemed ...
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The Truck Insurance Extremist: March 2008
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The Truck Insurance Extremist. Thursday, March 20, 2008. Florida Treats the Symptoms While the Disease Grows Worse. So with the Florida insurance market seemingly in shambles can things ever improve? Actually they can. But only if both the Governor and the people accept a dose of bitter medicine. First, the Governor has to acknowledge the true problem. It's not about rates. It's about the market. Third, the Governor needs to scrutinize "Take Out" companies more closely. Insurers take money today for ...
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The Truck Insurance Extremist: Lease Purchase - A Black Eye on The Trucking Industry
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The Truck Insurance Extremist. Thursday, March 17, 2011. Lease Purchase - A Black Eye on The Trucking Industry. To illustrate the shame otherwise known as the truck lease purchase business, let’s use a different illustration:. 1)Let’s say your boss offers to sell you the PC on your desk. 2)Let’s further say that the boss arbitrarily assigns a purchase price to. That PC of $500 more than it’s worth. 3)Finally let’s say the boss insists on the following stipulations:. 3)Having sold you the tools of the tra...
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The Truck Insurance Extremist: November 2009
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The Truck Insurance Extremist. Sunday, November 29, 2009. TIME FOR A MORE COST EFFECTIVE TRUCK INSURANCE MODEL. Now contrast the competitive untidiness in trucking with the inert if not orderly nature of the truck insurance business. Life pretty much continues as it always has: same structure, same production model, same economics. Where convention breeds productivity, it certainly makes sense, but with truck insurance, convention has only meant unnecessarily high premiums. By way of comparison, margins ...
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